FIRST US BANCSHARES, INC. ELECTS NEW DIRECTOR
Rhea-AI Summary
First US Bancshares (NASDAQ: FUSB) has announced the appointment of Nathan Gordon to its Board of Directors, effective August 27, 2025. Gordon will serve on multiple board committees including the Asset/Liability Committee, Retail, Operations, and Compliance Committee, and the Information Technology Steering Committee.
Gordon brings significant expertise as a shareholder in Baker Donelson's Corporate Group, with over 13 years of experience in corporate law, mergers and acquisitions, securities law, and other business-related legal areas. He holds degrees from Auburn University, including a Summa Cum Laude accounting degree and Masters of Accountancy, as well as a Juris Doctorate from Cumberland School of Law.
Positive
- Appointment of director with extensive legal and financial expertise
- New director brings 13+ years of relevant experience in corporate law, M&A, and securities law
- Addition of director with strong academic credentials and diverse skill set
Negative
- None.
News Market Reaction 4 Alerts
On the day this news was published, FUSB gained 14.43%, reflecting a significant positive market reaction. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. The stock closed at $12.45 on that trading session. This price movement added approximately $9M to the company's valuation, bringing the market cap to $72M at that time. Trading volume was very high at 3.0x the daily average, suggesting strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Mr. Gordon graduated Summa Cum Laude from
Mr. Gordon currently is an attorney with Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C. in
Mr. Gordon is actively involved in a number of community organizations, including the Albert Schweitzer Fellowship in
About First US Bancshares, Inc.
First US Bancshares, Inc. is a bank holding company that operates banking offices in
James F. House
205-582-1200
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SOURCE First US Bancshares, Inc.