First US Bancshares Q4 EPS $0.36; FY2023 diluted EPS up 25.5% YoY to $1.33

FIRST US BANCSHARES, INC.

2023-FY EPS reported $1.33 revenue$1,197,000

Q4 net income $2.3M ($0.36 diluted EPS) vs $2.1M ($0.33) in Q3 and $2.2M ($0.35) in Q4 2022.
FY2023 net income $8.5M ($1.33 EPS) up from $6.9M ($1.06 EPS) in FY2022; EPS growth of 25.5%.
Net interest margin compressed to 3.67% in Q4 from 3.79% in Q3 and 4.27% in Q4 2022.
Total loans grew 6.2% YoY to $821.8M; deposits rose to $950.2M; ALC dissolved in December 2023.
Declared $0.05 per share cash dividend; repurchased 137,500 shares at $10.34 each in Q4.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FIRST US BANCSHARES, INC. reported the quarter ended December 31, 2023 results: net income $2.3 million, EPS $0.36 per diluted share.

Period: the quarter ended December 31, 2023
Net income: $2.3 million
EPS: $0.36 per diluted share
Result: reported results

Exact text from the filing

First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today reported net income of $2.3 million, or $0.36 per diluted share, for the quarter ended December 31, 2023

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FIRST US BANCSHARES, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-007429

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