First US Bancshares Inc Dossier
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SectorFinancials IndustryRegional Banks Beta (adjusted)0.48 Intrinsic Value Insufficient data for a value estimateNot enough reliable inputs to publish a fair value for this company yet. Market Price $16.49Price as of 1 Oct 2026 Data confidence Sign in to view data confidence Market Cap $90.8M Enterprise Value $42.8M Shares Outstanding 5.8M diluted Last ex-dividend12 Jun 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary First US Bancshares, Inc. (FUSB) continues to demonstrate stable profitability as a community bank operating in Alabama, Tennessee, and Virginia. In Q1 2026, the company reported a solid start with diluted EPS of $0.33, up 13.8% year-over-year, supported by core deposit growth and disciplined expense control. However, the bank faces ongoing headwinds from net interest margin (NIM) compression, which declined to 3.37% in Q1 2026 from 3.53% in Q1 2025 due to asset yields falling faster than liability costs. While credit quality has stabilized after elevated provisions in 2025, the expansion of indirect consumer lending remains a key risk area to monitor. Given the lack of immediate catalysts and limited analyst coverage, the stock is expected to remain range-bound, making a Hold recommendation appropriate. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 19 Jun 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $13.5015% The bear case is characterized by accelerated NIM compression below 3.20% due to intense deposit competition, a resurgence of credit losses in the indirect consumer loan portfolio, or a broader economic slowdown in the Southeast markets that dampens loan demand and increases nonperforming assets. Base CaseCentral scenario $16.5060% The base case assumes stable community banking operations with modest loan volume fluctuations and steady core deposit levels. Net interest margin is expected to remain slightly compressed but stable around 3.30% to 3.40%. Credit costs are projected to remain manageable, allowing the bank to maintain quarterly EPS in the range of $0.30 to $0.35 and support its quarterly dividend of $0.07 per share. Bull CaseUpside scenario $18.5025% The bull case is driven by successful deposit expansion through the Daphne, Alabama banking center opening in Q2 2026, stabilization of the net interest margin as interest rates settle, and a reduction in credit provisions as the indirect loan portfolio credit metrics continue to improve. Continued share repurchases under the expanded program could also provide support to EPS. Scenarios reflect our research view at the research date. Key Investment Merits
Key Investment Risks
Thesis Invalidation Triggers
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |