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BIRMINGHAM, Ala. - First US Bancshares, Inc. (NASDAQ:FUSB), a bank holding company, declared a cash dividend of $0.07 per share, payable on July 1, 2025, to shareholders on record as of June 13, 2025. This marks the forty-fourth consecutive quarter that the company has offered a dividend to its shareholders. According to InvestingPro data, the company has maintained dividend payments for 12 consecutive years, with a current dividend yield of 2.15%. The company has also raised its dividend for three consecutive years, demonstrating its commitment to shareholder returns.
James F. House, President and CEO of First US Bancshares, expressed satisfaction with the announcement, emphasizing the company’s commitment to rewarding shareholders while maintaining a robust capital foundation. The company, which operates First US Bank across Alabama, Tennessee, and Virginia, trades on the Nasdaq Capital Market with the ticker symbol "FUSB." With a market capitalization of $74.6 million and trading at a P/E ratio of 9.7, InvestingPro analysis suggests the stock is slightly overvalued at its current price of $12.72.
The company regularly files reports with the U.S. Securities and Exchange Commission (SEC), and these filings are accessible through the SEC’s website or the company’s website at www.firstusbank.com.
In addition to the dividend announcement, First US Bancshares also issued forward-looking statements that involve risks and uncertainties. These statements are based on management’s estimates and reflect their best judgment based on current information. InvestingPro data shows the company maintains a FAIR overall Financial Health Score, with particularly strong momentum metrics. Subscribers can access additional insights and 12+ exclusive ProTips about FUSB’s financial outlook. Factors that could influence the accuracy of these forward-looking statements and cause actual results to differ include risks related to credit, commercial real estate lending, market conditions, economic growth, government changes, competition, interest rates, technological changes, cybersecurity, AI development, regulatory compliance, accounting standards, tax laws, and potential acquisition outcomes.
The company’s dividend policy is subject to the discretion of the Board of Directors and may change based on future conditions, including financial performance and capital needs.
This news summary is based on a press release statement from First US Bancshares, Inc.
In other recent news, First US Bancshares announced the results of its Annual Meeting of Shareholders, which included the election of directors and the ratification of the company’s independent registered public accountants. Shareholders elected all director nominees, including Robert Stephen Briggs and James F. House, among others, to serve for the coming year. Additionally, the shareholders ratified the appointment of Carr, Riggs & Ingram, LLC as the company’s independent registered public accountants for the fiscal year ending December 31, 2025. The advisory resolution on executive compensation was also approved, indicating shareholder support for the company’s executive pay practices.
In another development, First US Bancshares declared a quarterly cash dividend of $0.07 per share, marking the forty-third consecutive quarter of dividend payments. The dividend is scheduled to be paid on April 1, 2025, to shareholders on record as of March 14, 2025. James F. House, President and CEO, emphasized the company’s commitment to rewarding shareholders while maintaining a strong capital foundation. The company noted that future dividend decisions would consider factors such as earnings, financial conditions, and capital requirements.
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