First US Bancshares: Q3 net income rises to $2.0 million, EPS at $0.36
First US Bancshares reported Q3 2026 net income of $2.0 million, or $0.36 per diluted share, and nine-month EPS of $1.00, up 56% year on year.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
First US Bancshares (Nasdaq: FUSB), the parent company of First US Bank, reported on October 28, 2026 that net income for the third quarter ended September 30 was $2.0 million, or $0.36 per diluted share. The second quarter came in at $1.8 million, or $0.31 per share, and the same period a year earlier at $1.9 million, or $0.32 per share.
For the first nine months of 2026, net income reached $5.7 million, or $1.00 per diluted share, versus $3.9 million, or $0.64, in the same period of 2025. Net interest margin widened to 3.66% in the quarter, while total loans fell 1.8% to $845.0 million, driven by expected payoffs in multi-family and construction lending. Growth in indirect consumer loans only partly offset that decline.
why it matters
For investors, the main drivers are a wider margin and a smaller share count after buybacks, which lifted per-share earnings even as the loan book shrank. Shares outstanding fell to 5.13 million from 5.52 million the previous quarter. A separate Reuters item the same day carried only a headline on First Reliance Bancshares' third-quarter 2026 results, with no figures included.
tags
instruments
sources
- First US Bancshares, Inc. Reports Third Quarter and Year-to-Date 2026 Results: Year-to-Date Diluted EPS Improves by 56% — TradingView, 28 October 2026 at 20:15 UTC
- First Reliance Bancshares Reports Third Quarter 2026 Results — Reuters, 28 October 2026 at 20:53 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗