First US Bancshares (NASDAQ:FUSB) Announces Quarterly Earnings Results

First US Bancshares (NASDAQ:FUSB) released its earnings results on Monday. The financial services provider reported $0.29 earnings per share for the quarter, Zacks reports. First US Bancshares had a return on equity of 9.31% and a net margin of 14.25%.

First US Bancshares Stock Performance

First US Bancshares stock opened at $12.75 on Wednesday. The company has a 50 day moving average price of $13.05 and a 200-day moving average price of $11.75. The company has a market capitalization of $72.93 million, a PE ratio of 9.11 and a beta of 0.92. First US Bancshares has a fifty-two week low of $8.66 and a fifty-two week high of $14.30. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.91.

First US Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 2.20%. This is a boost from First US Bancshares’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, December 13th. First US Bancshares’s payout ratio is 20.00%.

About First US Bancshares

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.