Insider Buying: First Us Bancsh (NASDAQ:FUSB) Director Acquires $54,087.00 in Stock

First Us Bancsh (NASDAQ:FUSB) Director Robert Field acquired 3,300 shares of the stock in a transaction dated Tuesday, September 1st. The shares were bought at an average cost of $16.39 per share, with a total value of $54,087.00. Following the completion of the transaction, the director owned 11,300 shares of the company’s stock, valued at approximately $185,207. This represents a 41.25% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

First Us Bancsh Stock Down 0.4%

Shares of NASDAQ:FUSB opened at $16.48 on Friday. The firm’s 50 day moving average price is $16.55 and its 200 day moving average price is $16.00. The stock has a market cap of $90.64 million, a price-to-earnings ratio of 12.48 and a beta of 0.23. First Us Bancsh has a fifty-two week low of $11.22 and a fifty-two week high of $16.99. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.11.

First Us Bancsh (NASDAQ:FUSB) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $0.31 EPS for the quarter. First Us Bancsh had a net margin of 12.10% and a return on equity of 7.41%. The company had revenue of $20.32 million during the quarter.

First Us Bancsh Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be paid a $0.07 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a yield of 1.7%. First Us Bancsh’s dividend payout ratio (DPR) is currently 21.21%.

Institutional Trading of First Us Bancsh

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its position in shares of First Us Bancsh by 129.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock worth $69,000 after buying an additional 2,805 shares during the last quarter. Bank of America Corp DE raised its stake in First Us Bancsh by 37.3% during the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock worth $193,000 after acquiring an additional 4,365 shares in the last quarter. Marble Wealth LLC acquired a new stake in First Us Bancsh during the 4th quarter worth $214,000. Dimensional Fund Advisors LP raised its stake in First Us Bancsh by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 33,060 shares of the financial services provider’s stock worth $506,000 after acquiring an additional 720 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in First Us Bancsh by 2.8% in the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock valued at $735,000 after acquiring an additional 1,526 shares during the last quarter. Institutional investors and hedge funds own 18.74% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Us Bancsh in a research report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

First Us Bancsh Company Profile

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm’s core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.