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Stock impact report

First US Bancshares, Inc. Reports Third Quarter and Year-to-Date Earnings: Nine-month Diluted EPS Growth of $0.07 Over 2023

First US Bancshares, Inc. (FUSB) 
US:NASDAQ Investor Relations: firstusbank.com/investors
Company Research Source: PR Newswire
BIRMINGHAM, Ala., Oct. 24, 2024 /PRNewswire/ -- Third Quarter Highlights:Net IncomeDiluted Earnings per shareReturn on average assets(annualized)Return on average commonequity (annualized)Return on average tangiblecommon equity (annualized)(1)Loans to deposits$2.2 million$0.360.82 %9.21 %9.99 %81.9 %First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.2 million, or $0.36 per diluted share, for the quarter ended September 30, 2024 ("3Q2024"), compared to $2.1 million, or $0.34 per diluted share, for the quarter ended June 30, 2024 ("2Q2024") and $2.1 million, or $0.33 per diluted share, for the quarter ended September 30, 2023 ("3Q2023"). For the nine months ended September 30, 2024, net income totaled $6.5 million, or $1.04 per diluted share, compared to $6.2 million, or $0.97 per diluted share for the nine months ended September 30, 2023.The table below summarizes selected financial data for each o Show less Read more
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