Recent Insider Transactions Derivative • Jul 01
Insider exercised options and sold US$66k worth of stock On the 29th of June, William Mitchell exercised 17.70k options at around US$10.01, then sold 14k of the shares acquired at an average of US$14.71 per share and kept the remainder. William currently holds less than 1% of total shares outstanding. Company insiders have collectively bought US$425k more than they sold, via options and on-market transactions, in the last 12 months. Upcoming Dividend • Jun 07
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 12 June 2026. Payment date: 01 July 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (2.3%). Declared Dividend • May 24
First quarter dividend of US$0.07 announced Dividend of US$0.07 is the same as last year. Ex-date: 12th June 2026 Payment date: 1st July 2026 Dividend yield will be 1.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • May 22
First US Bancshares, Inc. announces Quarterly dividend, payable on July 01, 2026 First US Bancshares, Inc. announced Quarterly dividend of USD 0.0700 per share payable on July 01, 2026, ex-date on June 12, 2026 and record date on June 12, 2026. Reported Earnings • May 02
First quarter 2026 earnings released: EPS: US$0.34 (vs US$0.30 in 1Q 2025) First quarter 2026 results: EPS: US$0.34 (up from US$0.30 in 1Q 2025). Revenue: US$9.80m (up 6.0% from 1Q 2025). Net income: US$1.95m (up 9.8% from 1Q 2025). Profit margin: 20% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Annonce • Mar 19
First US Bancshares, Inc., Annual General Meeting, Apr 30, 2026 First US Bancshares, Inc., Annual General Meeting, Apr 30, 2026. Reported Earnings • Mar 16
Full year 2025 earnings released: EPS: US$1.03 (vs US$1.40 in FY 2024) Full year 2025 results: EPS: US$1.03 (down from US$1.40 in FY 2024). Revenue: US$37.0m (down 5.4% from FY 2024). Net income: US$5.99m (down 27% from FY 2024). Profit margin: 16% (down from 21% in FY 2024). Net interest margin (NIM): 3.54% (down from 3.59% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Declared Dividend • Mar 01
Fourth quarter dividend of US$0.07 announced Dividend of US$0.07 is the same as last year. Ex-date: 13th March 2026 Payment date: 1st April 2026 Dividend yield will be 1.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Feb 26
First US Bancshares, Inc. Declares A Cash Dividend for the Forty-Seventh Consecutive Quarter, Payable on April 1, 2026 First US Bancshares, Inc. announced that the Company's Board of Directors has declared a cash dividend of $0.07 per share for the forty-seventh consecutive quarter. The dividend is payable on April 1, 2026, to shareholders of record at the close of business on March 13, 2026. Reported Earnings • Jan 29
Full year 2025 earnings released: EPS: US$1.03 (vs US$1.40 in FY 2024) Full year 2025 results: EPS: US$1.03 (down from US$1.40 in FY 2024). Revenue: US$37.0m (down 5.4% from FY 2024). Net income: US$5.99m (down 27% from FY 2024). Profit margin: 16% (down from 21% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Recent Insider Transactions Derivative • Dec 16
President exercised options to buy US$145k worth of stock. On the 11th of December, James House exercised options to buy 11k shares at a strike price of around US$14.11, costing a total of US$155k. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. Since March 2025, James' direct individual holding has increased from 121.48k shares to 133.73k. Company insiders have collectively bought US$548k more than they sold, via options and on-market transactions, in the last 12 months. Upcoming Dividend • Dec 07
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 12 December 2025. Payment date: 02 January 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.4%). Recent Insider Transactions • Nov 29
Independent Director recently bought US$96k worth of stock On the 26th of November, Robert Field bought around 7k shares on-market at roughly US$13.66 per share. This transaction increased Robert's direct individual holding by 4x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$134k. Insiders have collectively bought US$300k more in shares than they have sold in the last 12 months. Declared Dividend • Nov 23
Third quarter dividend of US$0.07 announced Dividend of US$0.07 is the same as last year. Ex-date: 12th December 2025 Payment date: 2nd January 2026 Dividend yield will be 2.0%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Nov 20
First US Bancshares, Inc. Declares Cash Dividend, Payable on January 2, 2026 First US Bancshares, Inc. announced that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on January 2, 2026, to shareholders of record at the close of business on December 12, 2025. Recent Insider Transactions • Nov 06
Key Executive recently bought US$134k worth of stock On the 4th of November, Robert Briggs bought around 10k shares on-market at roughly US$13.38 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: US$0.33 (vs US$0.38 in 3Q 2024) Third quarter 2025 results: EPS: US$0.33 (down from US$0.38 in 3Q 2024). Revenue: US$9.96m (flat on 3Q 2024). Net income: US$1.94m (down 13% from 3Q 2024). Profit margin: 19% (down from 22% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annonce • Oct 30
First US Bancshares, Inc. Reports Net Charge Offs for the Third Quarter Ended September 30, 2025 First US Bancshares, Inc. reported net charge offs for the third quarter ended September 30, 2025. For the quarter, Net charge-offs totaled $1.3 million, of which $1.0 million was associated with the final charge-off of an individually evaluated commercial loan and $0.4 million was associated with the consumer indirect portfolio, partially offset by $0.1 million in net recoveries in other loan categories. Declared Dividend • Aug 31
Second quarter dividend of US$0.07 announced Shareholders will receive a dividend of US$0.07. Ex-date: 12th September 2025 Payment date: 1st October 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Aug 29
First US Bancshares, Inc. and First US Bank Appoint Nathan Gordon as Director Effective August 27, 2025 First US Bancshares, Inc. announced that the Company's Board of Directors has elected Nathan Gordon as a director of the Company and its subsidiary, First US Bank (the "Bank"), effective August 27, 2025. Mr. Gordon will serve on the Asset/Liability Committee, Retail, Operations, and Compliance Committee, and the Information Technology Steering Committee of the Board of Directors of the Bank (the "Bank Board"). Mr. Gordon graduated Summa Cum Laude from Auburn University with an accounting degree in 2008. He also obtained a Masters of Accountancy from Auburn University in 2009. In 2012, Mr. Gordon received a Juris Doctorate from Cumberland School of Law at Samford University in Birmingham and was admitted to the Alabama State Bar. Mr. Gordon currently is an attorney with Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C. in Birmingham, Alabama and is a shareholder in the firm's Corporate Group. Mr. Gordon has over thirteen years of experience in corporate law, mergers and acquisitions, real estate transactions, tax law, securities law, estate planning and administration, and general business law. Mr. Gordon is actively involved in a number of community organizations, including the Albert Schweitzer Fellowship in Birmingham, Alabama, where he serves on the board of directors. Annonce • Aug 28
First US Bancshares, Inc. Declares Cash Dividend, Payable on October 1, 2025 First US Bancshares, Inc. announced that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on October 1, 2025, to shareholders of record at the close of business on September 12, 2025. Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: US$0.03 (vs US$0.36 in 2Q 2024) Second quarter 2025 results: EPS: US$0.03 (down from US$0.36 in 2Q 2024). Revenue: US$7.61m (down 24% from 2Q 2024). Net income: US$155.0k (down 93% from 2Q 2024). Profit margin: 2.0% (down from 21% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year. Annonce • Jul 29
First US Bancshares, Inc. Appoints Joins First Us Bank as Senior Commercial Lending Executive First US Bank announced that Scott Cox has joined the Bank as its Senior Commercial Lending Executive. Cox is a highly accomplished commercial banker, bringing over 27 years of industry experience in corporate banking, business banking, and wealth management. Cox earned his bachelor's degree in economics from the University of North Carolina at Chapel Hill, and most recently served as East Region Market CEO for Commercial Banking Offices and Community Markets for BBVA USA. In his new role, Cox will be responsible for driving First US Bank's continued growth by leading a team of high-performing commercial lenders across key markets. In his new role, Cox will be responsible for driving First US Bank's continued growth by leading a team of high-performing commercial lenders across key markets. Declared Dividend • Jun 01
First quarter dividend of US$0.07 announced Shareholders will receive a dividend of US$0.07. Ex-date: 13th June 2025 Payment date: 1st July 2025 Dividend yield will be 2.1%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • May 22
First US Bancshares, Inc. Declares Cash Dividend, Payable on July 1, 2025 First US Bancshares, Inc. announced that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on July 1, 2025, to shareholders of record at the close of business on June 13, 2025. Recent Insider Transactions Derivative • May 09
President exercised options to buy US$138k worth of stock. On the 7th of May, James House exercised options to buy 11k shares at a strike price of around US$8.30, costing a total of US$91k. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. Since June 2024, James' direct individual holding has increased from 104.36k shares to 121.48k. Company insiders have collectively bought US$106k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$0.30 (vs US$0.36 in 1Q 2024) First quarter 2025 results: EPS: US$0.30 (down from US$0.36 in 1Q 2024). Revenue: US$9.24m (down 6.7% from 1Q 2024). Net income: US$1.77m (down 16% from 1Q 2024). Profit margin: 19% (down from 21% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annonce • Mar 28
First US Bancshares, Inc., Annual General Meeting, May 01, 2025 First US Bancshares, Inc., Annual General Meeting, May 01, 2025. Reported Earnings • Mar 18
Full year 2024 earnings released: EPS: US$1.40 (vs US$1.42 in FY 2023) Full year 2024 results: EPS: US$1.40 (down from US$1.42 in FY 2023). Revenue: US$39.1m (down 3.2% from FY 2023). Net income: US$8.17m (down 3.7% from FY 2023). Profit margin: 21% (in line with FY 2023). Net interest margin (NIM): 3.59% (down from 3.87% in FY 2023). Non-performing loans: 0.48% (up from 0.29% in FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 02
Fourth quarter dividend of US$0.07 announced Shareholders will receive a dividend of US$0.07. Ex-date: 14th March 2025 Payment date: 1st April 2025 Dividend yield will be 1.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Feb 27
First US Bancshares, Inc. Declares Cash Dividend, Payable on April 1, 2025 First US Bancshares, Inc. announced that the Company's Board of Directors has declared a cash dividend of $0.07 per share. The dividend is payable on April 1, 2025, to shareholders of record at the close of business on March 14, 2025. Annonce • Jan 31
First US Bancshares, Inc. Announces Resignation of John C. Gordon as a Director, Effective January 31, 2025 First US Bancshares, Inc. announced that on January 29, 2025, Mr. John C. Gordon, a member of the Board of Directors of the company, notified the Company of his resignation as a director of the Company effective January 31, 2025. Mr. Gordon’s decision to resign from the Board is not related to any disagreement with the Company on any matter relating to its operations, policies or procedures. Reported Earnings • Jan 28
Full year 2024 earnings released: EPS: US$1.40 (vs US$1.42 in FY 2023) Full year 2024 results: EPS: US$1.40 (down from US$1.42 in FY 2023). Revenue: US$39.1m (down 3.2% from FY 2023). Net income: US$8.17m (down 3.7% from FY 2023). Profit margin: 21% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions Derivative • Dec 05
President exercised options to buy US$146k worth of stock. On the 2nd of December, James House exercised options to buy 11k shares at a strike price of around US$8.23, costing a total of US$86k. This transaction amounted to 10% of their direct individual holding at the time of the trade. Since March 2024, James' direct individual holding has increased from 93.28k shares to 104.36k. Company insiders have collectively sold US$11k more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Nov 25
Third quarter dividend increased to US$0.07 Dividend of US$0.07 is 40% higher than last year. Ex-date: 13th December 2024 Payment date: 2nd January 2025 Dividend yield will be 1.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$0.38 (vs US$0.35 in 3Q 2023) Third quarter 2024 results: EPS: US$0.38 (up from US$0.35 in 3Q 2023). Revenue: US$9.93m (down 2.0% from 3Q 2023). Net income: US$2.22m (up 5.2% from 3Q 2023). Profit margin: 22% (up from 21% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Declared Dividend • Sep 01
Second quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 13th September 2024 Payment date: 1st October 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Director Robert Field was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$0.36 (vs US$0.34 in 2Q 2023) Second quarter 2024 results: EPS: US$0.36 (up from US$0.34 in 2Q 2023). Revenue: US$10.0m (up 1.9% from 2Q 2023). Net income: US$2.13m (up 5.1% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • Jul 25
First US Bancshares, Inc. Elects Robert C. Field as Director First US Bancshares, Inc. announced that the Company's Board of Directors has elected Robert C. Field as a director of the Company, effective immediately. Mr. Field will serve on the Audit Committee of the Board of Directors of the Company and the Asset/Liability Committee of the Board of Directors of First US Bank. Mr. Field graduated Magna Cum Laude from the University of Alabama and holds a Bachelor of Science Degree in Commerce and Business Administration. Mr. Field is a partner, with more than 35 years of experience, with the Welden-Field group of companies which specializes in real estate development, mortgage banking, property management, alternative investments, and formerly banking (now sold). Mr. Field's current direct work focus includes multifamily investment, mortgage banking, alternative assets, and administration. Welden-Field's home offices are in Birmingham, Alabama, and most operations are in the southeastern United States. The primary focus is real estate; however, Welden-Field Companies, through Birmingham BAM (Business as Missions), have made investments in Eastern Europe, Central Asia, and certain parts of Africa. Mr. Field currently serves as Chairman of The General Retirement System for Employees of Jefferson County and is also on the advisory board of Boyd Watterson, which specializes in mission critical properties leased to various agencies. Previously, Mr. Field was involved with the development of Low Income Housing Tax Credits; the operation, asset sale and delivery of assets of Highland Mortgage Company (FHA multifamily) to a division of GMAC (General Motors Acceptance Corporation); the operation and sale of Corinthian Mortgage Corporation/South Bank FSB; as well as the formation of Commonwealth Savingshares Corporation (holding company). Earlier in his career, Mr. Field was employed in the Washington, D.C. office of Arthur Andersen & Company as a Certified Public Accountant specializing in early-stage growth companies and defense contractors. Mr. Field also served as the Chairman of the Eye Sight Foundation of Alabama as well as the Finance Chair of the Alabama Eye Bank. He serves on the Board of Directors of Red Wolf Lodge, is a member of OLS Catholic Church, and is actively involved with his family. Declared Dividend • May 26
First quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 7th June 2024 Payment date: 1st July 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.2%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • May 23
First US Bancshares, Inc. Declares Cash Dividend, Payable on July 1, 2024 First US Bancshares, Inc. announced that the company's Board of Directors has declared a cash dividend of $0.05 per share. The dividend is payable on July 1, 2024, to shareholders of record at the close of business on June 7, 2024. Recent Insider Transactions Derivative • May 21
President exercised options to buy US$111k worth of stock. On the 17th of May, James House exercised options to buy 11k shares at a strike price of around US$8.10, costing a total of US$89k. This transaction amounted to 12% of their direct individual holding at the time of the trade. Since March 2024, James has owned 93.28k shares directly. Company insiders have collectively bought US$91k more than they sold, via options and on-market transactions, in the last 12 months. Buy Or Sell Opportunity • May 16
Now 21% undervalued Over the last 90 days, the stock has risen 7.0% to US$10.86. The fair value is estimated to be US$13.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 37%. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: US$0.36 (vs US$0.35 in 1Q 2023) First quarter 2024 results: EPS: US$0.36 (up from US$0.35 in 1Q 2023). Revenue: US$9.91m (flat on 1Q 2023). Net income: US$2.11m (up 1.7% from 1Q 2023). Profit margin: 21% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annonce • Mar 23
First US Bancshares, Inc., Annual General Meeting, Apr 25, 2024 First US Bancshares, Inc., Annual General Meeting, Apr 25, 2024, at 10:00 Central Standard Time. Agenda: To elect ten directors of the Company to serve for the ensuing year; to to ratify the appointment of Carr, Riggs & Ingram, LLC as independent registered public accountants for the year ending December 31, 2024; to approve, on an advisory basis, the Company’s executive compensation; and to transact such other business as may properly come before the Annual Meeting or any adjournments or postponements of such meeting. Reported Earnings • Mar 18
Full year 2023 earnings released: EPS: US$1.42 (vs US$1.13 in FY 2022) Full year 2023 results: EPS: US$1.42 (up from US$1.13 in FY 2022). Revenue: US$40.4m (up 9.0% from FY 2022). Net income: US$8.49m (up 24% from FY 2022). Profit margin: 21% (up from 19% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.87% (down from 4.07% in FY 2022). Non-performing loans: 0.29% (up from 0.21% in FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Feb 29
Upcoming dividend of US$0.05 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 01 April 2024. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.1%). Annonce • Feb 22
First US Bancshares, Inc. Declares Cash Dividend, Payable on April 1, 2024 First US Bancshares, Inc. announced that the Company's Board of Directors has declared a cash dividend of $0.05 per share. The dividend is payable on April 1, 2024, to shareholders of record at the close of business on March 8, 2024. Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: US$1.42 (vs US$1.13 in FY 2022) Full year 2023 results: EPS: US$1.42 (up from US$1.13 in FY 2022). Revenue: US$40.4m (up 9.2% from FY 2022). Net income: US$8.49m (up 24% from FY 2022). Profit margin: 21% (up from 19% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Dec 08
Now 20% undervalued Over the last 90 days, the stock is up 5.8%. The fair value is estimated to be US$11.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 43%. Upcoming Dividend • Nov 30
Upcoming dividend of US$0.05 per share at 2.2% yield Eligible shareholders must have bought the stock before 07 December 2023. Payment date: 02 January 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (3.6%). Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.35 (vs US$0.31 in 3Q 2022) Third quarter 2023 results: EPS: US$0.35 (up from US$0.31 in 3Q 2022). Revenue: US$10.1m (up 7.7% from 3Q 2022). Net income: US$2.11m (up 14% from 3Q 2022). Profit margin: 21% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Oct 26
First Us Bancshares, Inc. Declares Cash Dividend for Third Quarter 2023 First US Bancshares, Inc. declared a cash dividend of $0.05 per share on its common stock for third Quarter 2023. Buying Opportunity • Oct 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 4.7%. The fair value is estimated to be US$10.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 40%. Buying Opportunity • Oct 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.8%. The fair value is estimated to be US$10.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 40%. Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: US$0.34 (vs US$0.23 in 2Q 2022) Second quarter 2023 results: EPS: US$0.34 (up from US$0.23 in 2Q 2022). Revenue: US$9.82m (up 12% from 2Q 2022). Net income: US$2.02m (up 43% from 2Q 2022). Profit margin: 21% (up from 16% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$8.21, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 9x in the Banks industry in the US. Total returns to shareholders of 15% over the past three years. Upcoming Dividend • Mar 02
Upcoming dividend of US$0.05 per share at 2.1% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 03 April 2023. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (3.0%). Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: US$1.13 (vs US$0.70 in FY 2021) Full year 2022 results: EPS: US$1.13 (up from US$0.70 in FY 2021). Revenue: US$37.1m (down 3.3% from FY 2021). Net income: US$6.86m (up 54% from FY 2021). Profit margin: 19% (up from 12% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 01
Upcoming dividend of US$0.05 per share Eligible shareholders must have bought the stock before 08 December 2022. Payment date: 03 January 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (3.0%). Annonce • Nov 17
First US Bancshares, Inc. Declares Cash Dividend, Payable on January 3, 2023 First US Bancshares, Inc. announced that the Company's Board of Directors has declared a cash dividend of $0.05 per share. The dividend is payable on January 3, 2023, to shareholders of record at the close of business on December 9, 2022. The $0.05 per share dividend represents a 67% increase from $0.03 per share declared each quarter since the fourth quarter of 2019, and it represents the thirty-fourth consecutive quarter that the Company has paid a dividend. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 10 highly experienced directors. Independent Director Marlene McCain was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 16% share price gain to US$8.46, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 10x in the Banks industry in the US. Total loss to shareholders of 12% over the past three years. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$0.31 (vs US$0.13 in 3Q 2021) Third quarter 2022 results: EPS: US$0.31 (up from US$0.13 in 3Q 2021). Revenue: US$9.44m (down 1.0% from 3Q 2021). Net income: US$1.86m (up 122% from 3Q 2021). Profit margin: 20% (up from 8.8% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be US$9.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%. Buying Opportunity • Sep 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be US$10.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.1%. Upcoming Dividend • Sep 01
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 03 October 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (3.2%). Annonce • Aug 25
First US Bancshares, Inc. Declares Cash Dividend, Payable on October 3, 2022 First US Bancshares, Inc. announced that the Company’s Board of Directors has declared a cash dividend of $0.03 per share. The dividend is payable on October 3, 2022, to shareholders of record at the close of business on September 9, 2022. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$0.23 (vs US$0.15 in 2Q 2021) Second quarter 2022 results: EPS: US$0.23 (up from US$0.15 in 2Q 2021). Revenue: US$8.79m (down 8.5% from 2Q 2021). Net income: US$1.42m (up 49% from 2Q 2021). Profit margin: 16% (up from 9.9% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Upcoming Dividend • Jun 02
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 09 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (3.9%). Lower than average of industry peers (2.8%). Annonce • May 27
First US Bancshares, Inc. Declares Cash Dividend, Payable on July 1, 2022 First US Bancshares, Inc. announced that the Company’s Board of Directors has declared a cash dividend of $0.03 per share. The dividend is payable on July 1, 2022, to shareholders of record at the close of business on June 10, 2022. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: US$0.22 (vs US$0.15 in 1Q 2021) First quarter 2022 results: EPS: US$0.22 (up from US$0.15 in 1Q 2021). Revenue: US$8.82m (down 8.0% from 1Q 2021). Net income: US$1.36m (up 43% from 1Q 2021). Profit margin: 15% (up from 9.9% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.70 (up from US$0.43 in FY 2020). Revenue: US$38.3m (up 2.6% from FY 2020). Net income: US$4.45m (up 64% from FY 2020). Profit margin: 12% (up from 7.2% in FY 2020). The increase in margin was primarily driven by higher revenue. Net interest margin (NIM): 4.23% (down from 4.69% in FY 2020). Non-performing loans: 0.28% (down from 0.47% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Upcoming Dividend • Mar 02
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 09 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (3.6%). Lower than average of industry peers (2.4%). Annonce • Feb 24
First US Bancshares, Inc. Declares Cash Dividend, Payable on April 1, 2022 First US Bancshares, Inc. announced that the company’s Board of Directors has declared a cash dividend of $0.03 per share. The dividend is payable on April 1, 2022, to shareholders of record at the close of business on March 10, 2022. Reported Earnings • Jan 30
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.70 (up from US$0.43 in FY 2020). Revenue: US$38.5m (up 3.0% from FY 2020). Net income: US$4.45m (up 64% from FY 2020). Profit margin: 12% (up from 7.2% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Upcoming Dividend • Dec 02
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 09 December 2021. Payment date: 04 January 2022. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (3.6%). Lower than average of industry peers (2.3%). Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS US$0.13 (vs US$0.065 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$9.61m (up 5.2% from 3Q 2020). Net income: US$837.0k (up 104% from 3Q 2020). Profit margin: 8.7% (up from 4.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 02
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 01 October 2021. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (2.3%). Reported Earnings • Jul 30
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$9.62m (up 7.1% from 2Q 2020). Net income: US$953.0k (up 136% from 2Q 2020). Profit margin: 9.9% (up from 4.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 22% share price gain to US$12.49, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 12x in the Banks industry in the US. Total returns to shareholders of 14% over the past three years. Upcoming Dividend • Jun 03
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 10 June 2021. Payment date: 01 July 2021. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (3.4%). Lower than average of industry peers (2.1%).