First US Bancshares, Inc. Reports First Quarter 2022 Results
First US Bancshares, Inc. (FUSB)
US:NASDAQ Investor Relations:
firstusbank.com/investors
Company Research
Source: GlobeNewswire
BIRMINGHAM, Ala., April 27, 2022 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today reported net income of $1.4 million, or $0.20 per diluted share, for the quarter ended March 31, 2022 (“1Q2022”), compared to $1.0 million, or $0.14 per diluted share, for the quarter ended March 31, 2021 (“1Q2021”) and $1.7 million, or $0.25 per diluted share, for the quarter ended December 31, 2021 (“4Q2021”). Growth in the Company’s earnings, comparing 1Q2022 to 1Q2021, resulted from reductions in both non-interest expense and, to a lesser extent, interest expense. Non-interest expense reductions were driven by strategic initiatives launched in September 2021 that were previously announced by the Company. The initiatives, which are aimed at improving operating efficiency, focusing the Company’s loan growth activities, and fortifying asset quality, included the cessation of new business development at the Bank’s w
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- Investors in First US Bancshares (NASDAQ:FUSB) have seen favorable returns of 36% over the past year [Yahoo! Finance]Yahoo! Finance
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- Is It Smart To Buy First US Bancshares, Inc. (NASDAQ:FUSB) Before It Goes Ex-Dividend? [Yahoo! Finance]Yahoo! Finance
- FIRST US BANCSHARES, INC. DECLARES CASH DIVIDENDPR Newswire
- First US Bancshares Full Year 2023 Earnings: EPS: US$1.42 (vs US$1.13 in FY 2022) [Yahoo! Finance]Yahoo! Finance
FUSB
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- FUSB's page on the SEC website