First US Bancshares Inc (FUSB) - Net Assets
Based on the latest financial reports, First US Bancshares Inc (FUSB) has net assets worth $105.65 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.15 Billion) and total liabilities ($1.05 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check First US Bancshares Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $105.65 Million |
| % of Total Assets | 9.15% |
| Annual Growth Rate | 4.89% |
| 5-Year Change | 17.3% |
| 10-Year Change | 38.57% |
| Growth Volatility | 15.77 |
First US Bancshares Inc - Net Assets Trend (1995–2025)
This chart illustrates how First US Bancshares Inc's net assets have evolved over time, based on quarterly financial data. Also explore First US Bancshares Inc (FUSB) total assets for the complete picture of this company's asset base.
Annual Net Assets for First US Bancshares Inc (1995–2025)
The table below shows the annual net assets of First US Bancshares Inc from 1995 to 2025. For live valuation and market cap data, see First US Bancshares Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $105.65 Million | +7.12% |
| 2024-12-31 | $98.62 Million | +8.86% |
| 2023-12-31 | $90.59 Million | +6.41% |
| 2022-12-31 | $85.14 Million | -5.47% |
| 2021-12-31 | $90.06 Million | +3.91% |
| 2020-12-31 | $86.68 Million | +2.28% |
| 2019-12-31 | $84.75 Million | +6.69% |
| 2018-12-31 | $79.44 Million | +4.24% |
| 2017-12-31 | $76.21 Million | -0.04% |
| 2016-12-31 | $76.24 Million | -1.02% |
| 2015-12-31 | $77.03 Million | +2.49% |
| 2014-12-31 | $75.16 Million | +7.23% |
| 2013-12-31 | $70.09 Million | +6.18% |
| 2012-12-31 | $66.02 Million | -0.29% |
| 2011-12-31 | $66.21 Million | -11.16% |
| 2010-12-31 | $74.52 Million | -8.52% |
| 2009-12-31 | $81.46 Million | +3.56% |
| 2008-12-31 | $78.66 Million | -1.14% |
| 2007-12-31 | $79.57 Million | -13.13% |
| 2006-12-31 | $91.59 Million | +4.43% |
| 2005-12-31 | $87.71 Million | +7.08% |
| 2004-12-31 | $81.91 Million | +11.71% |
| 2003-12-31 | $73.33 Million | +9.40% |
| 2002-12-31 | $67.03 Million | +2.80% |
| 2001-12-31 | $65.21 Million | -3.58% |
| 2000-12-31 | $67.63 Million | +9.61% |
| 1999-12-31 | $61.70 Million | +1.87% |
| 1998-12-31 | $60.57 Million | +14.91% |
| 1997-12-31 | $52.71 Million | +82.86% |
| 1996-12-31 | $28.83 Million | +14.26% |
| 1995-12-31 | $25.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First US Bancshares Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 535.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $121.25 Million | 114.77% |
| Common Stock | $79.00K | 0.07% |
| Other Comprehensive Income | $-780.00K | -0.74% |
| Total Equity | $105.65 Million | 100.00% |
First US Bancshares Inc Competitors by Market Cap
The table below lists competitors of First US Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Valuence Merger Corp I
NASDAQ:VMCA
|
$86.52 Million |
|
Pyxis Oncology Inc
NASDAQ:PYXS
|
$86.55 Million |
|
Gowing Bros Ltd
AU:GOW
|
$86.57 Million |
|
Mangold Fondkommission AB
ST:MANG
|
$86.65 Million |
|
Graha Layar Prima Tbk
JK:BLTZ
|
$86.49 Million |
|
Freetrailer Group A/S
ST:FREETR
|
$86.49 Million |
|
IBI Lion SOCIMI S.A.
MC:YIBI
|
$86.48 Million |
|
Cartica Acquisition Corp
NASDAQ:CITE
|
$86.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First US Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 98,624,000 to 105,648,000, a change of 7,024,000 (7.1%).
- Net income of 5,992,000 contributed positively to equity growth.
- Dividend payments of 1,608,000 reduced retained earnings.
- Share repurchases of 1,761,000 reduced equity.
- Other comprehensive income increased equity by 3,564,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.99 Million | +5.67% |
| Dividends Paid | $1.61 Million | -1.52% |
| Share Repurchases | $1.76 Million | -1.67% |
| Other Comprehensive Income | $3.56 Million | +3.37% |
| Other Changes | $837.00K | +0.79% |
| Total Change | $- | 7.12% |
Book Value vs Market Value Analysis
This analysis compares First US Bancshares Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.80x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $5.90 | $16.50 | x |
| 1996-12-31 | $6.74 | $16.50 | x |
| 1997-12-31 | $7.40 | $16.50 | x |
| 1998-12-31 | $8.47 | $16.50 | x |
| 1999-12-31 | $8.58 | $16.50 | x |
| 2000-12-31 | $9.43 | $16.50 | x |
| 2001-12-31 | $9.31 | $16.50 | x |
| 2002-12-31 | $10.30 | $16.50 | x |
| 2003-12-31 | $11.40 | $16.50 | x |
| 2004-12-31 | $12.71 | $16.50 | x |
| 2005-12-31 | $13.67 | $16.50 | x |
| 2006-12-31 | $14.39 | $16.50 | x |
| 2007-12-31 | $12.89 | $16.50 | x |
| 2008-12-31 | $13.03 | $16.50 | x |
| 2009-12-31 | $13.75 | $16.50 | x |
| 2010-12-31 | $12.46 | $16.50 | x |
| 2011-12-31 | $11.02 | $16.50 | x |
| 2012-12-31 | $11.26 | $16.50 | x |
| 2013-12-31 | $11.60 | $16.50 | x |
| 2014-12-31 | $12.10 | $16.50 | x |
| 2015-12-31 | $12.09 | $16.50 | x |
| 2016-12-31 | $11.87 | $16.50 | x |
| 2017-12-31 | $12.98 | $16.50 | x |
| 2018-12-31 | $11.81 | $16.50 | x |
| 2019-12-31 | $12.46 | $16.50 | x |
| 2020-12-31 | $12.93 | $16.50 | x |
| 2021-12-31 | $13.36 | $16.50 | x |
| 2022-12-31 | $13.09 | $16.50 | x |
| 2023-12-31 | $14.21 | $16.50 | x |
| 2024-12-31 | $16.12 | $16.50 | x |
| 2025-12-31 | $17.44 | $16.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First US Bancshares Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.51%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 10.93x
- Recent ROE (5.67%) is below the historical average (7.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 14.33% | 44.56% | 0.04x | 7.83x | $1.09 Million |
| 1996 | 14.79% | 44.49% | 0.04x | 8.16x | $1.38 Million |
| 1997 | 13.24% | 32.55% | 0.05x | 8.08x | $1.71 Million |
| 1998 | 14.16% | 36.88% | 0.05x | 7.43x | $2.52 Million |
| 1999 | 13.29% | 16.50% | 0.10x | 7.72x | $2.03 Million |
| 2000 | 10.02% | 12.74% | 0.10x | 7.53x | $15.20K |
| 2001 | 10.10% | 12.55% | 0.10x | 8.02x | $66.40K |
| 2002 | 13.69% | 18.05% | 0.09x | 7.99x | $2.47 Million |
| 2003 | 15.57% | 21.79% | 0.09x | 7.73x | $4.08 Million |
| 2004 | 16.06% | 23.79% | 0.09x | 7.17x | $4.96 Million |
| 2005 | 15.54% | 23.56% | 0.09x | 7.07x | $4.87 Million |
| 2006 | 15.55% | 21.97% | 0.10x | 7.06x | $5.09 Million |
| 2007 | 0.44% | 0.53% | 0.10x | 8.29x | $-7.61 Million |
| 2008 | 6.83% | 9.17% | 0.09x | 8.49x | $-2.50 Million |
| 2009 | 5.75% | 8.50% | 0.08x | 8.36x | $-3.52 Million |
| 2010 | -4.19% | -5.78% | 0.09x | 8.24x | $-10.77 Million |
| 2011 | -13.70% | -18.35% | 0.08x | 9.39x | $-15.70 Million |
| 2012 | 3.20% | 4.95% | 0.08x | 8.26x | $-4.67 Million |
| 2013 | 5.60% | 10.20% | 0.07x | 8.13x | $-3.08 Million |
| 2014 | 4.72% | 9.74% | 0.06x | 7.62x | $-3.97 Million |
| 2015 | 3.40% | 7.54% | 0.06x | 7.54x | $-5.04 Million |
| 2016 | 1.61% | 3.46% | 0.06x | 7.96x | $-6.40 Million |
| 2017 | -0.54% | -1.15% | 0.06x | 8.21x | $-8.03 Million |
| 2018 | 3.13% | 5.82% | 0.05x | 9.97x | $-5.45 Million |
| 2019 | 5.39% | 9.33% | 0.06x | 9.31x | $-3.91 Million |
| 2020 | 3.12% | 6.01% | 0.05x | 10.27x | $-5.96 Million |
| 2021 | 4.94% | 10.25% | 0.05x | 10.64x | $-4.56 Million |
| 2022 | 8.06% | 15.48% | 0.04x | 11.68x | $-1.65 Million |
| 2023 | 9.37% | 15.11% | 0.05x | 11.84x | $-574.30K |
| 2024 | 8.28% | 13.21% | 0.06x | 11.16x | $-1.69 Million |
| 2025 | 5.67% | 9.51% | 0.05x | 10.93x | $-4.57 Million |
Industry Comparison
This section compares First US Bancshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First US Bancshares Inc (FUSB) | $105.65 Million | 14.33% | 9.93x | $86.50 Million |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About First US Bancshares Inc
First US Bancshares, Inc. operates as the bank holding company for First US Bank that provides commercial banking products and services in the United States. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits. Its loan products include commercial construction, land, and land devel… Read more