FUSB

BIRMINGHAM, Ala., April 29, 2026 /PRNewswire/ -- First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $1.9 million, or $0.33 per diluted share, for the quarter ended March 31, 2026 ("1Q2026"), compared to $2.1 million, or $0.36 per diluted share, for the quarter ended December 31, 2025 ("4Q2025") and $1.8 million, or $0.29 per diluted share, for the quarter ended March 31, 2025 ("1Q2025"). The table below summarizes selected financial data for each of the periods presented. CEO Commentary "We are pleased to report a solid start to the year," stated James F. House, President and CEO of the Company. "First quarter 2026 diluted earnings per share improved by 13.8% compared to the same quarter of 2025. Although we saw a modest decline in total loan volume during the quarter, some of which was seasonal, we experienced growth in our core deposit franchise," continued Mr. House. "While the year is certainly off to a volatile start from a geopolitical and economic standpoint, we continue to believe that the Company's balance sheet is well positioned to thrive in multiple scenarios." Financial Results Loans and Leases – The table below summarizes loan balances by portfolio category as of the end of each of the most recent five quarters. Total loans decreased by $9.3 million, or 1.1%, in 1Q2026, as growth in the multi-family residential real estate and indirect categories was offset by decreases primarily in the construction, non-residential commercial real estate and C&I categories. The decrease in construction is consistent with the ebb and flow of projects in the Company's service territories. Construction loans are generally short-to-medium term loans that are expected to pay off or transfer to another loan category upon project completion. The decrease in non-residential commercial real estate was related to completed construction projects that moved into a permanent category, but were subsequently refinanced into the permanent market. The growth in the indirect category accelerated in the latter part of 1Q2026, consistent with typical seasonal trends. The indirect lending platform focuses on consumer lending at the higher end of the credit spectrum. Collateral financed in the indirect portfolio primarily includes boats, recreational vehicles, campers, horse trailers and cargo tra...

BIRMINGHAM, Ala., Jan. 28, 2026 /PRNewswire/ -- Fourth Quarter and Full Year Highlights: First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $2.1 million, or $0.36 per diluted share, for the quarter ended December 31, 2025 ("4Q2025"), compared to $1.9 million, or $0.32 per diluted share, for the quarter ended September 30, 2025 ("3Q2025") and $1.7 million, or $0.29 per diluted share, for the quarter ended December 31, 2024 ("4Q2024"). For the year ended December 31, 2025, net income totaled $6.0 million, or $1.00 per diluted share, compared to $8.2 million, or $1.33 per diluted share, for the year ended December 31, 2024. The table below summarizes selected financial data for each of the periods presented. CEO Commentary "We are pleased to conclude 2025 with a quarter of continued strong earnings growth," stated James F. House, President and CEO of the Company. "Fourth quarter net income improved by 10% compared to the prior quarter and 24% compared to the fourth quarter of 2024. In addition, we saw continued improvement in loan portfolio credit metrics, with substantial decreases in both net charge-offs and nonperforming assets," continued Mr. House. "While 2025 was a challenging year, particularly related to credit issues that were largely resolved by the third quarter, we have continued to build momentum and are excited about the Company's prospects for 2026." Financial Results Loans and Leases – The table below summarizes loan balances by portfolio category as of the end of each of the most recent five quarters. Total loans decreased by $14.5 million in 4Q2025 as growth in the multi-family residential real estate and C&I categories was offset by decreases primarily in the commercial real estate, construction, and indirect consumer categories. The decrease in non-residential commercial real estate was related to completed construction projects that moved into a permanent category, but were subsequently refinanced into the permanent market. The decrease in construction is consistent with the ebb and flow of projects in the Company's service territories. Construction loans are generally short-to-medium term loans that are expected to pay off or transfer to another loan category upon project completion. The decrease in indirect consumer was related to the seasonality of the...

BIRMINGHAM, Ala., Oct. 29, 2025 /PRNewswire/ -- Third Quarter Highlights: First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $1.9 million, or $0.32 per diluted share, for the quarter ended September 30, 2025 ("3Q2025"), compared to $0.2 million, or $0.03 per diluted share, for the quarter ended June 30, 2025 ("2Q2025") and $2.2 million, or $0.36 per diluted share, for the quarter ended September 30, 2024 ("3Q2024"). For the nine months ended September 30, 2025, net income totaled $3.9 million, or $0.64 per diluted share, compared to $6.5 million, or $1.04 per diluted share, for the nine months ended September 30, 2024. The table below summarizes selected financial data for each of the periods presented. CEO Commentary "We returned to solid earnings during the third quarter as the provision for credit losses on loans decreased substantially from the second quarter," stated James F. House, President and CEO of the Company. "The credit issues with two commercial loans that manifested earlier in the year have now been largely resolved, and net charge-offs associated with consumer indirect loans decreased to more normalized levels during the third quarter. In addition, we saw continued improvement in net interest income and margin, and pre-tax pre-provision net revenue, which increased by 7.1%, comparing the third quarter to the second quarter," continued Mr. House. "All of these are positive developments that reflect the strong momentum our team has built as we move toward the end of the year." Financial Results Loans and Leases – The table below summarizes loan balances by portfolio category as of the end of each of the most recent five quarters. Total loans decreased by $3.9 million in 3Q2025 as growth in the consumer indirect and C&I categories was offset by decreases in construction, multi-family residential and commercial real estate. While total loans decreased during the quarter, average loans increased due to substantial growth, primarily in the consumer indirect category, earlier in the year. Average loans increased to $871.9 million in 3Q2025, compared to $857.7 million during 2Q2025, and $821.4 million during 3Q2024. The indirect lending platform focuses on consumer lending at the higher end of the credit spectrum. Collateral financed in the indirect portfolio primar...

Revenue: US$7.61m (down 24% from 2Q 2024). Net income: US$155.0k (down 93% from 2Q 2024). Profit margin: 2.0% (down from 21% in 2Q 2024). The decrease in margin was driven by lower revenue. EPS: US$0.03 (down from US$0.36 in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period First US Bancshares shares are down 1.2% from a week ago. We should say that we've discovered 1 warning sign for First US Bancshares that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

BIRMINGHAM, Ala., July 30, 2025 /PRNewswire/ -- Second Quarter Highlights: First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $0.2 million, or $0.03 per diluted share, for the quarter ended June 30, 2025 ("2Q2025"), compared to $1.8 million, or $0.29 per diluted share, for the quarter ended March 31, 2025 ("1Q2025") and $2.1 million, or $0.34 per diluted share, for the quarter ended June 30, 2024 ("2Q2024"). For the six months ended June 30, 2025, net income totaled $1.9 million, or $0.32 per diluted share, compared to $4.2 million, or $0.68 per diluted share, for the six months ended June 30, 2024. The decrease in net income in both 2Q2025 and the six months ended June 30, 2025, compared to the previous periods, resulted primarily from an increase in the Company's provision for credit losses on loans and leases. The table below summarizes selected financial data for each of the periods presented. CEO Commentary "During the second quarter, we recorded a significant provision for credit losses associated with growth in indirect consumer lending, combined with an uptick in net charge-offs in the category, as well as the application of additional reserves on two individually evaluated commercial loans," stated James F. House, President and CEO of the Company. "While the additional provisioning had a pronounced impact on earnings for both the quarter and year-to-date period, we are encouraged by increases in both net interest margin and total loans during the quarter. Net interest margin expanded by six basis points compared to the previous quarter, and total loans grew by 2.7% during the quarter, bringing year-to-date loan growth to 5.9%. Our pre-tax pre-provision net revenue also increased by 0.9% compared to 1Q2025 and by 5.2% compared to 2Q2024," continued Mr. House. "All of these measures help build a solid base for the future." Financial Results Loans and Leases – The table below summarizes loan balances by portfolio category as of the end of each of the most recent five quarters. Total loans increased by $23.1 million in 2Q2025, driven primarily by growth of $25.1 million in consumer indirect loans during the quarter. The indirect lending platform focuses on recreational and equipment consumer lending on the higher end of the credit spectrum. Collateral financed in the i...

Revenue: US$9.24m (down 6.7% from 1Q 2024). Net income: US$1.77m (down 16% from 1Q 2024). Profit margin: 19% (down from 21% in 1Q 2024). The decrease in margin was driven by lower revenue. EPS: US$0.30 (down from US$0.36 in 1Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period First US Bancshares' share price is broadly unchanged from a week ago. It is worth noting though that we have found 1 warning sign for First US Bancshares that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

BIRMINGHAM, Ala., April 30, 2025 /PRNewswire/ -- First Quarter Highlights: First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $1.8 million, or $0.29 per diluted share, for the quarter ended March 31, 2025 ("1Q2025"), compared to $1.7 million, or $0.29 per diluted share, for the quarter ended December 31, 2024 ("4Q2024") and $2.1 million, or $0.34 per diluted share, for the quarter ended March 31, 2024 ("1Q2024"). The table below summarizes selected financial data for each of the periods presented. CEO Commentary "We are off to a good start in 2025, reporting a quarter with solid loan growth and meaningful improvement in net interest margin," stated James F. House, President and CEO of the Company. "Loans grew by 3.1% during the quarter and net interest margin increased by 12 basis points over the prior quarter. While the economic environment is currently quite volatile, we continue to believe that our disciplined approach to lending, investing and funds management will serve the Company well as we move through the year," continued Mr. House. Financial Results Loans and Leases – The table below summarizes loan balances by portfolio category as of the end of each of the most recent five quarters. Total loans increased by $25.3 million in 1Q2025, driven primarily by growth of $41.3 million in consumer indirect loans during the quarter. The indirect lending platform focuses on recreational and equipment consumer lending on the higher end of the credit spectrum. Collateral financed in the indirect portfolio primarily includes boats, recreational vehicles, campers, horse trailers and cargo trailers. The weighted average credit score of new indirect loans financed during 1Q2025 reached 800, while the weighted average credit score for the entire portfolio was 779. In addition to the indirect portfolio, the Company also grew its multi-family residential real estate and commercial and industrial lending categories during the quarter by $5.3 million and $0.9 million, respectively. Loan growth during 1Q2025 was partially offset by reductions of $22.2 million in other lending categories, primarily construction and non-residential commercial real estate. Total loan volume averaged $824.5 million during 1Q2025, compared to $811.1 million during 4Q2024, and $822.0 million during 1Q2024. Ne...