First Us Bancsh (NASDAQ:FUSB) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Shares of First Us Bancsh (NASDAQ:FUSB) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.58 and traded as high as $16.52. First Us Bancsh shares last traded at $16.45, with a volume of 10,361 shares changing hands.

Wall Street Analyst Weigh In

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

First Us Bancsh Trading Up 0.2%

The firm has a market cap of $91.58 million, a price-to-earnings ratio of 15.82 and a beta of 0.22. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.89. The firm’s fifty day moving average is $16.34 and its 200-day moving average is $15.60.

First Us Bancsh (NASDAQ:FUSB) last issued its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.33 EPS for the quarter. First Us Bancsh had a net margin of 9.65% and a return on equity of 5.92%. The business had revenue of $19.27 million for the quarter.

First Us Bancsh Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were given a dividend of $0.07 per share. The ex-dividend date was Friday, June 12th. This represents a $0.28 annualized dividend and a dividend yield of 1.7%. First Us Bancsh’s dividend payout ratio is presently 26.92%.

Institutional Investors Weigh In On First Us Bancsh

Large investors have recently added to or reduced their stakes in the business. Marble Wealth LLC bought a new stake in First Us Bancsh in the fourth quarter worth approximately $214,000. Daytona Street Capital LLC bought a new position in shares of First Us Bancsh during the 4th quarter worth approximately $169,000. EverSource Wealth Advisors LLC boosted its holdings in shares of First Us Bancsh by 100.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,932 shares of the financial services provider’s stock worth $152,000 after buying an additional 4,966 shares in the last quarter. Bank of America Corp DE grew its position in shares of 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 buying an additional 4,365 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of First Us Bancsh by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 58,757 shares of the financial services provider’s stock worth $821,000 after buying an additional 1,793 shares during the period. Institutional investors and hedge funds own 18.74% of the company’s stock.

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.