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First US Bancshares reports $1.8M Q2 net income, driven by loan growth and lower credit loss provisions.

Company Fundamentals
29 Jul 2026
PRNewsWire
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Bullish
First US Bancshares reports $1.8M Q2 net income, driven by loan growth and lower credit loss provisions.

First US Bancshares, Inc. reported a net income of $1.8 million for Q2 2026, slightly down from $1.9 million in Q1 but significantly higher than $0.2 million in Q2 2025. The increase compared to last year was mainly due to a reduction in provisions for credit losses and robust loan growth, especially in construction and consumer indirect lending. The bank also improved its net interest margin by managing deposit costs and expanded its banking presence with new offices. Despite economic uncertainties, the company maintained strong capital ratios and liquidity, signaling resilience and potential for continued growth.

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Salesforce's AI business grows rapidly, stock seen undervalued with 39% upside potential.

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