First US Bancshares, Inc. (NASDAQ:FUSB - Get Free Report) EVP William C. Mitchell sold 3,350 shares of the firm's stock in a transaction on Friday, June 7th. The shares were sold at an average price of $10.47, for a total value of $35,074.50. Following the sale, the executive vice president now directly owns 17,246 shares of the company's stock, valued at approximately $180,565.62. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
First US Bancshares Trading Down 0.2 %
Shares of First US Bancshares stock opened at $10.15 on Wednesday. The business has a fifty day simple moving average of $10.18 and a two-hundred day simple moving average of $9.99. First US Bancshares, Inc. has a 1 year low of $7.80 and a 1 year high of $11.19. The company has a market capitalization of $58.77 million, a price-to-earnings ratio of 7.57 and a beta of 0.91. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.92 and a quick ratio of 0.92.
First US Bancshares (NASDAQ:FUSB - Get Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. First US Bancshares had a return on equity of 9.57% and a net margin of 14.55%. The business had revenue of $9.91 million during the quarter.
First US Bancshares Announces Dividend
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The firm also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 7th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Friday, June 7th. First US Bancshares's dividend payout ratio is 14.93%.
Institutional Investors Weigh In On First US Bancshares
An institutional investor recently raised its position in First US Bancshares stock. Gendell Jeffrey L grew its position in shares of First US Bancshares, Inc. (NASDAQ:FUSB - Free Report) by 14.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 332,957 shares of the financial services provider's stock after buying an additional 40,976 shares during the period. Gendell Jeffrey L owned approximately 5.75% of First US Bancshares worth $3,083,000 at the end of the most recent quarter. Institutional investors and hedge funds own 18.74% of the company's stock.
About First US Bancshares
(
Get Free Report)
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.
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