First Business Financial Services (FBIZ) Tops Q4 EPS by 4c

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Go back to First Business Financial Services (FBIZ) Tops Q4 EPS by 4c

First Business Bank Reports Fourth Quarter 2022 Net Income of $9.9 Million

January 26, 2023 4:05 PM EST

-- Loan growth, net interest margin expansion, and strong asset quality support continued tangible book value growth --

MADISON, Wis.--(BUSINESS WIRE)-- First Business Financial Services, Inc. (the Company, the Bank, or First Business Bank) (Nasdaq: FBIZ) reported quarterly net income available to common shareholders of $9.9 million, or $1.18 diluted earnings per share. This compares to net income available to common shareholders of $10.6 million, or $1.25 per share, in the third quarter of 2022 and $8.6 million, or $1.01 per share, in the fourth quarter of 2021. For the full year 2022, the Company reported net income available to... More