FIRST US BANCSHARES, INC. DECLARES CASH DIVIDEND
Rhea-AI Summary
First US Bancshares (Nasdaq: FUSB) declared a cash dividend of $0.07 per share. The dividend is payable on April 1, 2026 to shareholders of record at close of business on March 13, 2026. This marks the 47th consecutive quarter the company has paid a dividend; management said it will continue evaluating future payments while maintaining a strong capital base.
Positive
- Dividend of $0.07 per share
- Payable on April 1, 2026
- 47th consecutive quarterly dividend
Negative
- None.
"We are pleased to announce a dividend for the forty-seventh consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House.
About First US Bancshares, Inc.
First US Bancshares, Inc. is a bank holding company that operates banking offices in
Forward-Looking Statements
This press release contains forward-looking statements, as defined by federal securities laws. Statements contained in this press release that are not historical facts are forward-looking statements. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. The Company undertakes no obligation to update these statements following the date of this press release, except as required by law. In addition, the Company, through its senior management, may make from time to time forward-looking public statements concerning the matters described herein. Such forward-looking statements are necessarily estimates reflecting the best judgment of the Company's senior management based upon current information and involve a number of risks and uncertainties.
Certain factors that could affect the accuracy of such forward-looking statements and cause actual results to differ materially from those projected in such forward-looking statements are identified in the public filings made by the Company with the SEC, and forward-looking statements contained in this press release or in other public statements of the Company or its senior management should be considered in light of those factors. Such factors may include risk related to the Company's credit, including the effects of any government shutdown; loan losses may be greater than anticipated; our ability to ensure that sufficient cash flow and liquid assets are available to satisfy current and future financial obligations; the increased lending risks associated with commercial real estate lending; potential weakness in the residential real estate market; liquidity risks; the impact of national and local market conditions on the Company's business and operations; the effects of significant changes to the structure and operations of the federal government; the rate of growth (or lack thereof) in the economy generally and in the Company's service areas; the effects of significant changes to the structure and operations of the federal government; digital banking trends may create deposit volatility; strong competition in the banking industry; the impact of changes in interest rates and monetary policy on the Company's performance and financial condition; the effects of fiscal challenges facing the
Contact: | Thomas S. Elley |
(205) 582-1200 |
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SOURCE First US Bancshares, Inc.