First US Bancshares, Inc. Reports Second Quarter 2019 Results
First US Bancshares, Inc. (FUSB)
US:NASDAQ Investor Relations:
firstusbank.com/investors
Company Research
Source: GlobeNewswire
BIRMINGHAM, Ala., July 29, 2019 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today reported net income of $1.0 million, or $0.15 per diluted share, for the quarter ended June 30, 2019, compared to $0.4 million, or $0.06 per diluted share, for the quarter ended June 30, 2018, an increase of 179.9%. The improvement in earnings compared to the 2018 period resulted primarily from additional earning assets and efficiencies of scale obtained through the previously-announced acquisition of The Peoples Bank (“TPB”). TPB was acquired by the Company and merged with the Bank on August 31, 2018. Compared to the first quarter of 2019, earnings in the second quarter of 2019 decreased by $0.2 million, primarily resulting from an increase in the provision for loan and lease losses due to increased loan volume during the second quarter. Net loans increased $8.8 million, or 7.0% on an annualized basis, during the se
Show less
Read more
Impact Snapshot
Event Time:
FUSB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FUSB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FUSB alerts
High impacting First US Bancshares, Inc. news events
Weekly update
A roundup of the hottest topics
FUSB
News
- First US Bancshares (NASDAQ:FUSB) Is Increasing Its Dividend To $0.07 [Yahoo! Finance]Yahoo! Finance
- First US Bancshares announces expansion of share repurchase program [Seeking Alpha]Seeking Alpha
- FIRST US BANCSHARES, INC. ELECTS TWO NEW DIRECTORS [Yahoo! Finance]Yahoo! Finance
- FIRST US BANCSHARES, INC. ELECTS TWO NEW DIRECTORSPR Newswire
- First US Bancshares, Inc. Announces Expansion of Share Repurchase ProgramPR Newswire
FUSB
Sec Filings
- 12/12/24 - Form 4
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- FUSB's page on the SEC website