Filing Flows › First US Bancshares (FUSB) › Q1 2026
First US Bancshares (FUSB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
First US Bancshares (FUSB) reported revenue of $10.1M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -3% from the quarter before. Operating margin was 24.5%, net earnings $1.9M (19.3% of revenue).
First US Bancshares, Q1 2026: revenue $10.1M (+3% year over year), operating margin 24.5%, net earnings $1.9M, operating cash flow $4.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.1M | -3% | +3% |
| Operating profit | $2.5M | -16% | +6% |
| Net earnings | $1.9M | -9% | +10% |
| Operating cash flow | $4.1M | +68% | +134% |
| Free cash flow | $3.6M | +69% | +115% |
What changed
Revenue was $10.1M in Q1 2026, up 3% year over year and down 3% from the previous quarter.
Operating profit was $2.5M, a 24.5% margin (up 0.7 points year over year). Of the extra revenue versus Q1 2025, 47% reached operating profit, above the 24% margin then. Total costs grew 2% against revenue growth of 3%. Net earnings were $1.9M, up 10% year over year. The effective tax rate was 20.9%.
Operating cash flow was $4.1M (up 134% year over year), 211% of net earnings. Non-cash charges added back $189K of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $474K left free cash flow of $3.6M.
Questions
What was First US Bancshares' revenue in the first quarter 2026?
First US Bancshares (FUSB) reported revenue of $10.1M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -3% from the quarter before.
Was First US Bancshares profitable in the first quarter 2026?
Operating profit was $2.5M (24.5% of revenue) and net earnings $1.9M.