10-K · March 12, 2026
First US Bancshares reports modest revenue growth driven by higher deposits and loan growth, with 2025 net interest income of $37,458 (thousands) and net income of $5,992 (thousands) that produced diluted EPS of $1.00.…
Earnings analysis · 10-Q
FUSB earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
First US Bancshares, Inc. reported Q1 2026 earnings of $10.05 million in revenue and EPS of $0.33, a marked year-over-year improvement but slightly below prior estimates. The company recognized net income growth against…
Read full summary
First US Bancshares, Inc. reported Q1 2026 earnings of $10.05 million in revenue and EPS of $0.33, a marked year-over-year improvement but slightly below prior estimates. The company recognized net income growth against last year, driven by higher interest income, while facing challenges in managing operating expenses and a decline in total loans over the quarter.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.33
What stood out
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Revenue Improvement Year-Over-Year
Revenue for Q1 2026 was $10.05 million, reflecting a growth from $9.5 million in Q1 2025.
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EPS Matches Estimates
Diluted EPS came in at $0.33, matching consensus estimates and up from $0.29 in Q1 2025.
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Stable Non-Interest Income
Non-interest income remained stable at $0.8 million, compared to $0.9 million in Q1 2025.
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Decrease in Provision for Credit Losses
Provision for credit losses declined to $0.3 million from $0.5 million a year ago.
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Increase in Total Assets
Total assets grew to $1,165.2 million from $1,154.8 million as of December 31, 2025.
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Increase in Deposits
Total deposits rose by $10.9 million, or 1.1%, to $1,038.8 million during the quarter.
What to watch
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Declining Net Loan Portfolio
Total loans decreased by $9.3 million, or 1.1%, to $843.7 million from $853.0 million as of December 31, 2025.
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Increase in Non-Interest Expense
Non-interest expense increased to $7.3 million, up 6.1% from $6.9 million in the same quarter last year.
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Growing Unrealized Losses
Unrealized losses in the available-for-sale portfolio increased to $2.1 million from $1.0 million due to rising interest rates.
Management's outlook
Management has not provided quantitative forward guidance in this 10-Q filing.
Earlier filings 4
10-Q · November 6, 2025
First US Bancshares reported third-quarter 2025 revenue of $10,522,000 and diluted EPS of $0.32. Loan balances and deposits grew quarter-to-date, while net income declined versus the prior-year quarter as provisions for…
10-Q · August 7, 2025
First US Bancshares reported Q2 2025 net income of $155,000 and diluted EPS of $0.03 on total revenue of $10,325,000. Revenue was modestly higher than the prior-year quarter, but operating profitability contracted…
10-Q · August 9, 2024
First US Bancshares reported total quarter revenue of $10,011,000 (net interest income $9,176,000 + non-interest income $835,000) and net income of $2,127,000, producing diluted EPS of $0.34. Net interest income was…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.