First US Bancshares, Inc. [FUSB] Stock Forecast

Birmingham, AL, Oct. 04, 2021 (GLOBE NEWSWIRE) --  – First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank, announced today the completion of a private placement of $11.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes due October 1, 2031 (the “Notes”). The Notes were sold to certain institutional accredited investors and qualified institutional buyers on October 1, 2021.  The Notes are intended to qualify as Tier 2 capital of the Company for regulatory capital purposes.

BIRMINGHAM, Ala., Sept. 03, 2021 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today announced that, effective immediately, the Bank's wholly owned subsidiary, Acceptance Loan Company, Inc. (“ALC”), will cease new business development and permanently close its 20 branch lending locations in Alabama and Mississippi to the public. ALC will continue to service its remaining portfolio of loans from its headquarters in Mobile, Alabama, and management will begin to prepare for the subsidiary's eventual closure.

BIRMINGHAM, Ala., Aug. 25, 2021 (GLOBE NEWSWIRE) --  First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”) announced today that the Company's Board of Directors has declared a cash dividend of $0.03 per share. The dividend is payable on October 1, 2021, to shareholders of record at the close of business on September 10, 2021.

Reports Continued Loan Growth Combined with Earnings and Asset Quality Improvement Reports Continued Loan Growth Combined with Earnings and Asset Quality Improvement

BIRMINGHAM, Ala., July 28, 2021 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (the “Company”) (Nasdaq: FUSB) announced today that the Company's Board of Directors has elected Marlene M. McCain as a director of the Company and its subsidiary, First US Bank (the “Bank”), effective immediately. Ms. McCain will serve on the Audit Committee of the Board of Directors of the Company and on the Retail, Operations, and Compliance Committee of the Board of Directors of the Bank.

BIRMINGHAM, Ala., May 26, 2021 (GLOBE NEWSWIRE) --  First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”) announced today that the Company's Board of Directors has declared a cash dividend of $0.03 per share. The dividend is payable on July 1, 2021 to shareholders of record at the close of business on June 11, 2021.

BIRMINGHAM, AL, April 28, 2021 (GLOBE NEWSWIRE) -- 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 587,824 shares of its common stock to date and 54,961 shares remain available for repurchase, and the Board of Directors authorized the Company to repurchase an additional 1,000,000 shares under the repurchase program. The Board of Directors also extended the expiration of the repurchase program from December 31, 2021 to December 31, 2022. The share repurchase program was originally approved by the Company's Board of Directors on January 19, 2006. The Company most recently repurchased shares pursuant to the program during the first quarter of 2020.

BIRMINGHAM, Ala., Feb. 24, 2021 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”) announced today that the Company's Board of Directors has declared a cash dividend of $0.03 per share.  The dividend is payable on April 1, 2021 to shareholders of record at the close of business on March 12, 2021.

Full Year Loan Growth of 17.1% and $634,000 Linked Quarter Increase in Net Income Full Year Loan Growth of 17.1% and $634,000 Linked Quarter Increase in Net Income

BIRMINGHAM, Ala., Dec. 16, 2020 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has extended the Company's existing share repurchase program, pursuant to which the Company is authorized to repurchase up to 642,785 shares of its common stock.  The repurchase program, which was originally approved by the Company's Board of Directors on January 19, 2006, has been extended to expire on December 31, 2021.  To date, the Company has repurchased 587,824 shares of common stock under the repurchase program, leaving 54,961 shares that may still be repurchased under the repurchase program.  The Company most recently repurchased shares pursuant to the share repurchase program during the first quarter of 2020.

First US Bancshares, Inc. is a US stock , located in Birmingham of Al and trading under the symbol FUSB

First US Bancshares, Inc. stock price is $6.54 today.

Yes, First US Bancshares, Inc. is a publicly traded company.