First Business Financial Services (FBIZ) Misses Q2 EPS by 1c

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Go back to First Business Financial Services (FBIZ) Misses Q2 EPS by 1c

First Business Bank Reports Second Quarter 2023 Net Income of $8.1 Million

July 27, 2023 4:05 PM EDT

-- Strong performance driven by robust loan growth, sustained deposit growth, and positive operating leverage --

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 $8.1 million, or $0.98 diluted earnings per share. This compares to net income available to common shareholders of $8.8 million, or $1.05 per share, in the first quarter of 2023 and $11.0 million, or $1.29 per share, in the second quarter of 2022.

First Business Banks focus on fundamentals drove outstanding core performance for... More