BIRMINGHAM, Ala., April 30, 2025 /PRNewswire/ -- First Quarter Highlights:

Period

Net Income

Diluted Earningsper share

Return on average assets(annualized)

Return on average commonequity (annualized)

Return on average tangiblecommon equity (annualized) (1)

1Q2025

$1.8 million

$0.29

0.66 %

7.21 %

7.79 %

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").

BIRMINGHAM, Ala., Feb. 26, 2025 /PRNewswire/ -- First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share.  The dividend is payable on April 1, 2025, to shareholders of record at the close of business on March 14, 2025. 

"We are pleased to announce a dividend for the forty-third consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House.

BIRMINGHAM, Ala., Jan. 27, 2025 /PRNewswire/ -- Fourth Quarter and Full-Year Highlights:

Period

Net Income

Diluted Earnings per share

Return on average assets (annualized)

Return on average commonequity (annualized)

Return on average tangiblecommon equity (annualized) (1)

4Q2024

$1.7 million

$0.29

0.63 %

6.92 %

7.49 %

Full-Year 2024

$8.2 million

$1.33

0.76 %

8.62 %

9.37 %

First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), the parent company of First US Bank (the "Bank"), today reported net income of $1.7 million, or $0.29 per diluted share, for the quarter ended December 31, 2024 ("4Q2024"), compared to $2.2 million, or $0.36 per diluted share, for the quarter ended September 30, 2024 ("3Q2024") and $2.3 million, or $0.36 per diluted share, for the quarter ended December 31, 2023 ("4Q2023"). For the year ended December 31, 2024, net income totaled $8.2 million, or $1.33 per diluted share, compared to $8.5 million, or $1.33 per diluted share, for the year ended December 31, 2023.

BIRMINGHAM, Ala., Nov. 20, 2024 /PRNewswire/ -- First US Bancshares, Inc. (the "Company") (Nasdaq: FUSB) announced today that the Company's Board of Directors has elected Staci M. Pierce, J. D. and Tracy E. Thompson as directors of the Company and its subsidiary, First US Bank (the "Bank"), effective immediately.  Ms. Pierce will serve on the Compensation Committee of the Board of Directors of the Company and the Directors' Loan Committee of the Board of Directors of the Bank (the "Bank Board").  Mr. Thompson will serve on the Directors' Loan Committee and the newly-created Tennessee New Business Committee of the Bank Board.

BIRMINGHAM, Ala., Nov. 20, 2024 /PRNewswire/ -- First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has expanded the Company's existing share repurchase program.  The Company has repurchased 1,289,972 shares of its common stock to date under the repurchase program, and 352,813 shares remain available for repurchase.  The Board of Directors has authorized the Company to repurchase an additional 600,000 shares under the repurchase program and extended the expiration of the repurchase program from December 31, 2024, to December 31, 2025.  The share repurchase program was originally approved by the Company's Board of Directors on January 19, 2006. 

Announces 40% Increase to $0.07 per Share

BIRMINGHAM, Ala., Nov. 20, 2024 /PRNewswire/ -- First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company") announced today that the Company's Board of Directors has declared a cash dividend of $0.07 per share.  The dividend is payable on January 2, 2025, to shareholders of record at the close of business on December 13, 2024. 

The $0.07 per share dividend represents a 40% increase from $0.05 per share declared each quarter since the fourth quarter of 2022, and it represents the forty-second consecutive quarter that the Company has paid a dividend.

BIRMINGHAM, Ala., Oct. 24, 2024 /PRNewswire/ -- Third Quarter Highlights:

Net Income

Diluted Earnings per share

Return on average assets(annualized)

Return on average commonequity (annualized)

Return on average tangiblecommon equity (annualized)(1)

Loans to deposits

$2.2 million

$0.36

0.82 %

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.

BIRMINGHAM, Ala., Aug. 28, 2024 /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. The dividend is payable on October 1, 2024, to shareholders of record at the close of business on September 13, 2024. 

"We are pleased to announce a dividend for the forty-first consecutive quarter," stated James F. House, the Company's President and Chief Executive Officer. "We will continue to evaluate future dividend payments to ensure the Company's shareholders are rewarded, while maintaining a strong capital base," concluded Mr. House.