Overview

* First US Bancshares ( FUSB ) Q2 net income falls to $0.2 mln from $2.1 mln yr ago

* Company's net interest margin improved to 3.59% from 3.53% in Q1 2025

* Increase in credit loss provisions impacts earnings, driven by consumer lending growth

Outlook

* Company sees growth in indirect consumer lending impacting future provisions

Result Drivers

* CREDIT LOSS PROVISION - Increase in provision for credit losses driven by growth in indirect consumer lending and specific commercial loan reserves, per CEO James F. House

* LOAN GROWTH - Total loans grew by 2.7% in Q2, primarily due to consumer indirect loans, contributing to a year-to-date growth of 5.9%

* NET INTEREST MARGIN - Net interest margin improved by six basis points compared to Q1, aided by increased loan volume and yields

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $0.03

Q2 Basic $0.03

EPS

Q2 Net 3.6%

Interest

Margin

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)