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First US Bancshares Inc - FUSB STOCK NEWS

Welcome to our dedicated news page for First US Bancshares (Ticker: FUSB), a resource for investors and traders seeking the latest updates and insights on First US Bancshares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First US Bancshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First US Bancshares's position in the market.

Rhea-AI Summary
First US Bancshares, Inc. (FUSB) declares a cash dividend of $0.05 per share, marking the thirty-ninth consecutive quarter of dividend payments. The dividend is payable on April 1, 2024, to shareholders of record on March 8, 2024. President and CEO James F. House emphasizes the commitment to rewarding shareholders and maintaining a strong capital base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
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dividends
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Rhea-AI Summary
First US Bancshares, Inc. (Nasdaq: FUSB) reported net income of $2.3 million for the quarter ended December 31, 2023, with a 25.5% increase in diluted earnings per share for the year. Loans to deposits ratio stood at 86.5%, indicating a strong balance sheet. The company's strategic initiatives led to improved asset quality and operating efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
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none
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Rhea-AI Summary
First US Bancshares, Inc. (Nasdaq: FUSB) Extends Share Repurchase Program: First US Bancshares, Inc. announces the extension of its existing share repurchase program, with 596,813 shares remaining available for repurchase. The program, previously set to expire on December 31, 2023, has been extended to expire on December 31, 2024. The Company has repurchased 1,045,972 shares of its common stock to date under the repurchase program. Share repurchases may be made through open market or privately negotiated transactions, subject to regulatory requirements.
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buyback
Rhea-AI Summary
First US Bancshares, Inc. (Nasdaq: FUSB) declares a cash dividend of $0.05 per share, payable on January 2, 2024, to shareholders of record at the close of business on December 8, 2023. President and CEO, James F. House, expressed satisfaction in the 38th consecutive quarterly dividend and emphasized the company's commitment to rewarding shareholders while maintaining a strong capital base.
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Rhea-AI Summary
First US Bancshares reports net income of $2.1 million for Q3 2023, an increase of 36.6% compared to Q3 2022. Diluted earnings per share also increased by 13.8%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.34%
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Rhea-AI Summary
First US Bancshares, Inc. (Nasdaq: FUSB) has declared a cash dividend of $0.05 per share. The dividend is payable on October 2, 2023, to shareholders of record at the close of business on September 8, 2023. This marks the thirty-seventh consecutive quarter of dividend payments.
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dividends
Rhea-AI Summary
First US Bancshares, Inc. (Nasdaq: FUSB) reported net income of $2.0 million, or $0.31 per diluted share, for the quarter ended June 30, 2023, compared to $2.1 million, or $0.33 per diluted share, for the previous quarter. Net income for the six months ended June 30, 2023, totaled $4.1 million, an increase of 52.4% on diluted earnings per share compared to the same period in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
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Rhea-AI Summary
First US Bancshares, Inc. (Nasdaq: FUSB) has declared a cash dividend of $0.05 per share. The dividend is payable on July 3, 2023, to shareholders of record at the close of business on June 9, 2023. This marks the thirty-sixth consecutive quarter with a dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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dividends
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
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dividends
First US Bancshares Inc

Nasdaq:FUSB

FUSB Rankings

FUSB Stock Data

57.87M
4.68M
12.95%
16%
0.1%
Commercial Banking
Finance and Insurance
Link
United States
Birmingham

About FUSB

first us bank has served numerous communities since 1952 and has grown and prospered by developing long-term relationships with people in the community. over the years, first us bank has had one simple mission: to exceed the expectations of our customers, employees and shareholders. because of this mission, you won’t find a better team of bankers to meet your financial needs and help your company succeed. view all first us bank locations: https://www.firstusbank.com/about/locations