NasdaqCM:FUSB

Stock Analysis Report

Executive Summary

First US Bancshares, Inc. operates as the bank holding company for First US Bank that provides commercial banking products and services.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • First US Bancshares is not covered by any analysts.

Similar Companies

Share Price & News

How has First US Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

NasdaqCM:FUSB

-1.8%

US Banks

-1.6%

US Market


1 Year Return

-16.1%

NasdaqCM:FUSB

-16.1%

US Banks

-3.0%

US Market

FUSB underperformed the Banks industry which returned -13.8% over the past year.

FUSB underperformed the Market in United States of America which returned -0% over the past year.


Share holder returns

FUSBIndustryMarket
7 Day0.2%-1.8%-1.6%
30 Day8.4%-10.6%-5.8%
90 Day-5.0%-5.0%0.2%
1 Year-15.4%-16.1%-13.7%-16.1%-0.8%-3.0%
3 Year6.6%4.2%37.9%28.5%38.0%29.1%
5 Year14.3%9.8%49.4%33.2%50.8%34.1%

Price Volatility Vs. Market

How volatile is First US Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is First US Bancshares undervalued based on future cash flows and its price relative to the stock market?

15.19x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for First US Bancshares to establish if it is available at moderate discount.

Unable to calculate intrinsic value for First US Bancshares to establish if it is available at substantial discount.


Price Based on Earnings

First US Bancshares is overvalued based on earnings compared to the US Banks industry average.

First US Bancshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for First US Bancshares, we can't assess if its growth is good value.


Price Based on Value of Assets

First US Bancshares is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is First US Bancshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if First US Bancshares is high growth as no revenue estimate data is available.

First US Bancshares's earnings are expected to grow significantly at over 20% yearly.

Unable to compare First US Bancshares's revenue growth to the United States of America market average as no estimate data is available.

First US Bancshares's earnings growth is expected to exceed the United States of America market average.

First US Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if First US Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has First US Bancshares performed over the past 5 years?

-22.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

First US Bancshares's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

First US Bancshares has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

First US Bancshares has become profitable in the last year making it difficult to compare the US Banks industry average.


Return on Equity

First US Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

First US Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if First US Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is First US Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

First US Bancshares has an acceptable proportion of non-loan assets held.

First US Bancshares has a sufficient allowance for bad loans.

First US Bancshares's liabilities are made up of primarily low risk sources of funding.

First US Bancshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at First US Bancshares are broadly funded by customer deposits.

First US Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is First US Bancshares's current dividend yield, its reliability and sustainability?

0.85%

Current Dividend Yield


Dividend Yield and Payments Analysis

First US Bancshares's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

First US Bancshares's dividend is below the markets top 25% of dividend payers in United States of America (3.82%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (7.7x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of First US Bancshares's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average management tenure


CEO

Jim House (67yo)

7.8yrs

Tenure

US$621,837

Compensation

Mr. James F. House has been the President, Chief Executive Officer and Director of First US Bancshares, Inc.(formerly United Security Bancshares, Inc.) and its subsidiary First US Bank (formerly First Unit ...


CEO Compensation Analysis

Jim's remuneration is about average for companies of similar size in United States of America.

Jim's compensation has increased in line with First US Bancshares recently becoming profitable.


Management Age and Tenure

7.8yrs

Average Tenure

60yo

Average Age

The average tenure for the First US Bancshares management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.9yrs

Average Tenure

68.5yo

Average Age

The tenure for the First US Bancshares board of directors is about average.


Insider Trading

More shares have been bought than sold by First US Bancshares individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$18,42007 Aug 19
Robert Briggs
EntityIndividual
Role
Vice Chairman
Vice-Chairman of the Board
Shares2,000
Max PriceUS$9.21
BuyUS$13,15602 Aug 19
David Hale
EntityIndividual
Shares1,400
Max PriceUS$9.40
BuyUS$5,00016 May 19
Thomas Elley
EntityIndividual
Role
Chief Financial Officer
CFO, Principal Accounting Officer
Shares500
Max PriceUS$10.00
BuyUS$44,00030 Nov 18
David Hale
EntityIndividual
Shares5,000
Max PriceUS$8.80
BuyUS$9,10021 Nov 18
Anthony Cashio
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Risk Officer of First US Bank
Shares1,000
Max PriceUS$9.10
BuyUS$9,33017 Nov 18
Thomas Elley
EntityIndividual
Role
Chief Financial Officer
CFO, Principal Accounting Officer
Shares1,000
Max PriceUS$9.33
BuyUS$9,20013 Nov 18
James House
EntityIndividual
Role
Chief Executive Officer
President
Shares1,000
Max PriceUS$9.20
BuyUS$47,60004 Sep 18
Robert Briggs
EntityIndividual
Role
Vice Chairman
Vice-Chairman of the Board
Shares4,250
Max PriceUS$11.20

Ownership Breakdown


Management Team

  • Dan Matheson (61yo)

    Senior VP & Investment Officer - First US Bank

    • Tenure: 0.0yrs
    • Compensation: US$97.41k
  • Jim House (67yo)

    President

    • Tenure: 7.8yrs
    • Compensation: US$621.84k
  • Eric Mabowitz (60yo)

    Executive VP & South Alabama Market Executive - First US Bank

    • Tenure: 0.0yrs
    • Compensation: US$179.24k
  • Beverly Dozier (54yo)

    VP, Secretary & Assistant Treasurer

    • Tenure: 0.0yrs
  • Chris Mitchell (53yo)

    President & CEO of Acceptance Loan Company

    • Tenure: 11.5yrs
    • Compensation: US$330.55k
  • Anthony Cashio (69yo)

    Executive VP & Chief Risk Officer of First US Bank

    • Tenure: 0.0yrs
    • Compensation: US$234.66k
  • Tom Elley (47yo)

    CFO, Principal Accounting Officer

    • Tenure: 5.8yrs
    • Compensation: US$354.76k

Board Members

  • Andy Bearden (72yo)

    Chairman of the Board

    • Tenure: 6.3yrs
    • Compensation: US$44.97k
  • Jack Meigs (61yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$33.66k
  • John Gordon (61yo)

    Vice Chairman of the Board

    • Tenure: 6.3yrs
    • Compensation: US$38.55k
  • William Harrison (72yo)

    Director

    • Tenure: 43.6yrs
    • Compensation: US$31.67k
  • Howard Whitted (74yo)

    Director

    • Tenure: 34.6yrs
    • Compensation: US$36.52k
  • Bruce Wilson (64yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$44.57k
  • Jim House (67yo)

    President

    • Tenure: 7.8yrs
    • Compensation: US$621.84k
  • John McPhearson (65yo)

    Director

    • Tenure: 10.1yrs
    • Compensation: US$43.72k
  • Steve Briggs (70yo)

    Vice-Chairman of the Board

    • Tenure: 0.6yrs
    • Compensation: US$34.62k
  • Donna Smith (70yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$34.86k

Company Information

First US Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First US Bancshares, Inc.
  • Ticker: FUSB
  • Exchange: NasdaqCM
  • Founded: 1952
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$59.279m
  • Shares outstanding: 6.31m
  • Website: https://www.firstusbank.com

Number of Employees


Location

  • First US Bancshares, Inc.
  • 3291 U.S. Highway 280
  • Birmingham
  • Alabama
  • 35243
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FUSBNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 1997

Biography

First US Bancshares, Inc. operates as the bank holding company for First US Bank that provides commercial banking products and services. The company accepts deposit products, such as non-interest-bearing d ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 23:52
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.