Geode Capital Management LLC Acquires 6,325 Shares of First US Bancshares, Inc. (NASDAQ:FUSB)

Geode Capital Management LLC raised its holdings in First US Bancshares, Inc. (NASDAQ:FUSB) by 13.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,713 shares of the financial services provider’s stock after buying an additional 6,325 shares during the period. Geode Capital Management LLC owned about 0.92% of First US Bancshares worth $611,000 at the end of the most recent quarter.

First US Bancshares Price Performance

NASDAQ:FUSB opened at $12.82 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11. The stock’s 50 day moving average price is $12.89 and its two-hundred day moving average price is $11.44. The firm has a market capitalization of $73.28 million, a price-to-earnings ratio of 9.16 and a beta of 0.92. First US Bancshares, Inc. has a 12-month low of $8.66 and a 12-month high of $14.30.

First US Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th were paid a dividend of $0.07 per share. The ex-dividend date was Friday, December 13th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.18%. This is a positive change from First US Bancshares’s previous quarterly dividend of $0.05. First US Bancshares’s dividend payout ratio (DPR) is 20.00%.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.