First US Bancshares (FUSB)

Company Profile

First US Bancshares, Inc. is a bank holding company that operates banking offices in Alabama, Tennessee and Virginia through First US Bank (the 'Bank'). In addition, the Company's operations include Acceptance Loan Company, Inc., a consumer loan company ('ALC'), and FUSB Reinsurance, Inc., an underwriter of credit life and credit accident and health insurance policies sold to the Bank's and ALC's consumer loan customers.

Company profile

Ticker

FUSB

Exchange

NASDAQ

Website

www.firstusbank.com

CEO

James House

Incorporated

Delaware

Location

Alabama

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

State Street • Ally Financial • Citizens Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Bank Of New York Mellon • Popular • Associated Banc-Corp. • SVB Financial ...

Former names

FIRST US BANCSHARES INC, UNITED SECURITY BANCSHARES INC

SEC CIK

0000717806

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Acceptance Loan Company, Inc. • FUSB Reinsurance, Inc. ...

IRS number

630843362

FUSB stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

ARS

2022 FY

Annual report to shareholders

23 Mar 23

10 Mar 23

Regulation FD Disclosure

25 Jan 23

8-K

Reports 60.6% Year-over-year Diluted Eps Growth

25 Jan 23

8-K

Departure of Directors or Certain Officers

25 Jan 23

8-K

Amendments to Articles of Incorporation or Bylaws

9 Nov 22

Regulation FD Disclosure

27 Oct 22

8-K

Reports Third Quarter 2022 Results

26 Oct 22

Latest ownership filings

View all

Financial summary

Financial statements Chart FUSB financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	30.15 mm	30.15 mm	30.15 mm	30.15 mm	30.15 mm	30.15 mm
Cash burn (monthly)	2.22 mm	2.59 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	6.71 mm	7.82 mm	n/a	n/a	n/a	n/a
Cash remaining	23.44 mm	22.33 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	10.5	8.6	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

FUSB institutional ownership history Ownership history

16.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	21	21	–
Opened positions	1	1	–
Closed positions	1	2	-50.0%
Increased positions	4	5	-20.0%
Reduced positions	7	6	+16.7%

13F shares	Current	Prev Q	Change
Total value	8.12 mm	11.36 mm	-28.5%
Total shares	1.02 mm	1.03 mm	-1.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Gendell Jeffrey L	282.52 k	$2.25 mm	0.0%
Renaissance Technologies	122.18 k	$973.00 k	-13.1%
RF Regions Financial	116.51 k	$927.00 k	-5.4%
Blair William & Co	102.68 k	$817.00 k	0.0%
Context BH Capital Management	91.96 k	$732.00 k	-0.6%
Vanguard	79.30 k	$631.00 k	0.0%
Sheaff Brock Investment Advisors	53.42 k	$425.00 k	0.0%
Dimensional Fund Advisors	30.23 k	$240.00 k	+0.8%
Geode Capital Management	22.39 k	$178.00 k	+3.3%
BLK Blackrock	21.33 k	$169.00 k	-2.0%

Largest transactions	Shares	Bought/sold	Change
Renaissance Technologies	122.18 k	-18.34 k	-13.1%
Buckingham Strategic Partners	11.00 k	+11.00 k	NEW
RF Regions Financial	116.51 k	-6.65 k	-5.4%
UBS UBS Group AG - Registered Shares	4.38 k	+4.16 k	+1891.8%
HRT Financial	20.30 k	-3.67 k	-15.3%
Tower Research Capital	1.98 k	+1.71 k	+615.5%
Geode Capital Management	22.39 k	+708.00	+3.3%
Context BH Capital Management	91.96 k	-600.00	-0.6%
BLK Blackrock	21.33 k	-439.00	-2.0%
Proequities	0.00	-362.00	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FUSB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Mar 23	David Peter Hale	Common Stock, $.01 par value	Buy	Acquire P	No	No	9.4	2,500	23.50 k	18,424
10 Feb 23	Robert S Briggs	Common Stock, $.01 par value	Grant	Acquire A	No	No	0	2,100	0.00	44,508
10 Feb 23	Sheri S Cook	Common Stock, $.01 par value	Grant	Acquire A	No	No	0	1,500	0.00	7,767
10 Feb 23	John C Gordon	Common Stock, $.01 par value	Grant	Acquire A	No	No	0	650	0.00	157,641
10 Feb 23	Marlene M McCain	Common Stock, $.01 par value	Grant	Acquire A	No	No	0	1,500	0.00	3,410

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

First US Bancshares Q4 EPS $0.35 Up From $0.22 YoY

25 Jan 23

First US Bancshares (NASDAQ:FUSB) reported quarterly earnings of $0.35 per share. This is a 59.09 percent increase over earnings of $0.22 per share from the same period last year.

Press releases

From Benzinga Pro

FIRST US BANCSHARES, INC. DECLARES CASH DIVIDEND

22 Feb 23

BIRMINGHAM, Ala., Feb. 22, 2023 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.05 per share

FIRST US BANCSHARES, INC. REPORTS 60.6% YEAR-OVER-YEAR DILUTED EPS GROWTH

25 Jan 23

Fourth Quarter and Full Year 2022 Results BIRMINGHAM, Ala., Jan. 25, 2023 /PRNewswire/ -- First US Bancshares, Inc. (NASDAQ:FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today