FIRST US BANCSHARES, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data FIRST US BANCSHARES, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue							1.15	1.2	1.23	1.14
Cost of revenue		0.37	0.49	0.31	0.33	0.32	0.32
Gross profit							0.83
Selling and marketing	0.28	0.26	0.19	0.2	0.18	0.17	0.19
Operating expenses	7.96	5.71	5.97	6.5	6.49	6.1	4.42	5.14	4.75	5.54
Interest expense	2.27	2.71	4.35	6.65	4.61	2.95	4.26	15.5	22.1	22
Pre-tax income	1.39	2.62	3.39	5.81	3.53	5.73	9.01	11.3	10.8	7.94
Income tax	0.17	3.04	0.9	1.25	0.83	1.28	2.15	2.79	2.58	1.94
Net income	1.22	-0.41	2.49	4.57	2.71	4.45	6.86	8.49	8.17	5.99
EPS, basic	0.20	-0.07	0.40	0.71	0.43	0.70	1.13	1.42	1.40	1.03
EPS, diluted	0.19	-0.07	0.37	0.67	0.40	0.66	1.06	1.33	1.33	1.00
Shares, basic (weighted)	6.15	6.17	6.28	6.39	6.28	6.32	6.08	5.96	5.85	5.82
Shares, diluted (weighted)	6.42	6.17	6.65	6.8	6.7	6.74	6.5	6.38	6.12	6
Dividend per share	0.08	0.08	0.08	0.09	0.12	0.12	0.14	0.20	0.22	0.28

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	23.5	27.1	49.6	57	94.4	61.2	30.2	50.3	47.2	73.5
Property, plant and equipment	18.3	26.4	27.6	29.2	28.2	25.1	24.4	24.4	24.8	26.3
Lease right-of-use assets				3.54	3.07	2.25	1.88	2.02	1.92	1.58
Goodwill		0	7.4	7.4	7.44	7.44	7.44	7.44	7.44	7.4
Intangible assets			1.88	1.39	0.98	0.63	0.37	0.17	0.05	0
Total assets	607	626	792	789	891	958	995	1,073	1,101	1,155
Short-term debt	10.1	15.6	0.53	10	10	10	20	10	10	0
Total liabilities	531	549	713	704	804	868	910	982	1,002	1,049
Total debt						10.7	10.7	10.8	10.9	10.9
Paid-in capital	10.8	10.8	13.5	13.8	13.8	14.2	14.5	15	15.5	16
Retained earnings	87.4	86.7	88.7	92.8	94.7	98.4	104	110	117	121
Treasury stock	-20.8	-20.4	-20.4	-21.9	-21.9	-22.3	-26.7	-28	-29.5	-30.9
Other comprehensive income	-1.28	-0.87	-2.38	-0.05	-0.05	-0.28	-7.24	-6.43	-4.34	-0.78
Minority interests	-0.01	-0.01	-0.01
Total equity	76.2	76.2	79.4	84.7	86.7	90.1	85.1	90.6	98.6	106
Total liabilities and equity	607	626	792	789	891	958	995	1,073	1,101	1,155
Shares outstanding	6.04	6.08	6.3	6.16	6.18	6.17	5.81	5.74	5.7	5.7

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	1.22	-0.41	2.49	4.57	2.71	4.45	6.86	8.49	8.17	5.99
Depreciation and amortization	0.97	1.13	1.46	1.61	1.68	1.69	1.6	0	1.6	1.7
Stock-based compensation	0.28	0.37	0.44	0.36	0.42	0.44	0.49	0.6	0.62	0.74
Deferred income tax	0.12	2.83	1.49	1.13	0.72	-0.4	-0.37	0.13	0.58	0.05
Cash from operations	8.18	6.75	8.06	11.3	6.09	9.83	12.5	13.1	7.76	12.3
Capital expenditures	-7.89	-10.4	-1.55	-3.18	-0.96	-0.82	-1.26	-1.46	-2.1	-3.24
Acquisitions			-19
Purchases of investments			-19.7	-9.09	-36.3	-86.6	-39.3	-14.9	-58	-43.6
Sales and maturities of investments	50.3	51.7	40.7	36	34.9	39	19.3	11.9	28.5	49.9
Cash from investing	-59.3	-22.6	2.7	9.72	-66.1	-108	-80.2	-60.4	-30.3	-28.1
Debt issued						10.7
Share buybacks				-1.48	-0.45	-0.53	-4.48	-1.42	-1.64	-1.76
Dividends paid	-0.48	-0.49	-0.5	-0.56	-0.74	-0.75	-0.83	-1.18	-1.26	-1.61
Cash from financing	30.6	19.5	11.7	-13.6	97.4	65.3	36.6	67.5	19.5	42.1
Net change in cash	-20.5	3.59	22.5	7.43	37.4	-33.2	-31.1	20.1	-3.06	26.3
Free cash flow	0.29	-3.64	6.52	8.13	5.14	9	11.3	11.6	5.66	9.08
Interest paid	2.21	2.57	4.31	6.53	4.86	3.02	3.87	14	22.4	21.2
Income taxes paid	0.11	0.13	0.13	0.13	0.19	1.38	2.86	2.38	2.8	1.54

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $16.44 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Pre-tax margin	894.4%	Pre-tax income / revenue.
Net margin	684.6%	Net income / revenue.
FCF margin	770.5%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	1,012.0%	Cash from operations / revenue.
Effective tax rate	23.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)	0.7%	Net income / average total assets.
Stock-based pay / revenue	66.3%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	241.2%	Capital expenditures / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-7.5%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-0.4%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y	-26.7%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-4.4%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	17.2%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-24.8%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-1.9%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	20.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	58.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-0.5%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	15.1%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	60.5%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-6.9%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	12.1%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	27.3%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	26.0%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	18.5%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	4.9%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	5.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	5.3%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-1.9%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-2.6%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-2.2%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Debt / assets	1.0%	Total debt / total assets.
Liabilities / assets	90.9%	Total liabilities / total assets.
Net debt	-$48.0M	Total debt - cash - short-term investments. Negative means more cash than debt.
Goodwill and intangibles / assets	0.6%	(Goodwill + intangible assets) / total assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.00x	Revenue / average total assets.
Fixed asset turnover	0.04x	Revenue / average property, plant and equipment.
FCF conversion	112.5%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	23.8%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.32	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$0.20	Revenue / diluted weighted shares.
FCF per share	$1.52	Free cash flow / diluted weighted shares.
Operating cash flow per share	$1.99	Cash from operations / diluted weighted shares.
Cash per share	$10.67	(Cash + short-term investments) / shares outstanding.
Payout ratio	20.4%	Dividends paid / net income, when net income is positive.
Dividends / FCF	18.1%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	55.7%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$90.5M	Share price x shares outstanding.
Enterprise value	$42.5M	Market cap + total debt - cash - short-term investments.
P/E	11.7x	Market cap / net income. Only when net income is positive.
P/S	79.8x	Market cap / revenue.
P/FCF	10.4x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	7.89x	Market cap / cash from operations, when positive.
EV/Sales	37.5x	Enterprise value / revenue.
EV/FCF	4.87x	Enterprise value / free cash flow, when both are positive.
FCF yield	9.7%	Free cash flow / market cap.
Earnings yield	8.6%	Net income / market cap (the inverse of P/E).
Dividend yield	1.8%	Dividends paid over the period / market cap.
Shareholder yield	7.1%	(Dividends paid + share buybacks) / market cap.

What was FIRST US BANCSHARES, INC.'s revenue in fiscal 2025?

FIRST US BANCSHARES, INC. reported revenue of $1.1M for fiscal 2025, 7.5% lower than the year before.

Was FIRST US BANCSHARES, INC. profitable in fiscal 2025?

Yes. Net income was $6.0M, a net margin of 525.6%.

How much free cash flow did FIRST US BANCSHARES, INC. generate in fiscal 2025?

Cash from operations of $12.3M minus capital expenditures of $3.2M left free cash flow of $9.1M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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