First US Bancshares Reports Q1 2025 Earnings

First Us Bancshares ( (FUSB) ) has released its Q1 earnings. Here is a breakdown of the information First Us Bancshares presented to its investors.

First US Bancshares, Inc. is a bank holding company operating through First US Bank, with branches in Alabama, Tennessee, and Virginia, and is listed on the Nasdaq under the symbol FUSB. The company recently released its earnings report for the first quarter of 2025, highlighting a net income of $1.8 million, or $0.29 per diluted share, which shows a slight increase from the previous quarter but a decrease compared to the same period last year. Key financial metrics for the quarter included a return on average assets of 0.66% and a return on average common equity of 7.21%. The company experienced a 3.1% growth in total loans, driven by a significant increase in consumer indirect loans, while net interest margin improved to 3.53% from the previous quarter. However, total deposits saw a decrease of 1.1%, attributed to lower deposit pricing strategies. Looking ahead, First US Bancshares remains focused on disciplined lending and investment strategies to navigate the volatile economic environment, with plans to expand its banking operations in the Daphne/Mobile area by the end of the year.