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First US Bancshares (FUSB) investor relations material
First US Bancshares Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net income for 1Q2026 was $1.9 million ($0.33 per diluted share), up from $1.8 million ($0.29) in 1Q2025 but down from $2.1 million ($0.36) in 4Q2025.
Diluted EPS increased 13.8% year-over-year; core deposit franchise grew despite a modest decline in total loan volume.
Management highlights a well-positioned balance sheet amid ongoing geopolitical and economic volatility.
Financial highlights
Net interest income was $9.2 million, up 3.6% year-over-year but down 2.2% sequentially.
Net interest margin declined to 3.37% from 3.53% in 1Q2025 and 3.46% in 4Q2025.
Non-interest income was $0.8 million, down from $1.0 million in 4Q2025 and $0.9 million in 1Q2025.
Non-interest expense was $7.3 million, up from $6.9 million in 1Q2025, mainly due to higher salaries, benefits, and professional fees.
Cash dividend of $0.07 per share declared, consistent with prior quarters.
Outlook and guidance
Management expects continued volatility but believes the balance sheet is resilient for multiple scenarios.
The new banking center in Daphne, Alabama, is expected to open in 2Q2026, supporting deposit growth.
- Virtual annual meeting set for April 30, 2026, with key votes on directors, auditors, and pay.FUSB
Proxy filing1 Apr 2026 - Virtual annual meeting to elect directors, ratify auditor, and approve executive pay.FUSB
Proxy Filing18 Mar 2026 - Net income $1.8M, EPS $0.29, 3.1% loan growth, and strong capital in 1Q2025.FUSB
Q1 202512 Feb 2026 - Earnings fell on higher credit loss provisions, but loan growth and capital strength persisted.FUSB
Q2 202512 Feb 2026 - Earnings rose to $1.9M in 3Q2025 as asset quality and capital strength improved.FUSB
Q3 202512 Feb 2026 - EPS declined year-over-year, but net income, credit quality, and capital improved.FUSB
Q4 202512 Feb 2026 - 4Q2024 EPS fell on margin compression, but tangible book value and capital ratios improved.FUSB
Q4 202412 Feb 2026 - Earnings and capital improved, offsetting loan declines with deposit and investment growth.FUSB
Q3 202412 Feb 2026 - Q2 net income was $2.1M, margin expanded, and capital and liquidity stayed strong.FUSB
Q2 202412 Feb 2026
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