First Business Financial Services (FBIZ) Tops Q4 EPS by 2c

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First Business Bank Reports Fourth Quarter 2023 Net Income of $9.6 Million

January 25, 2024 4:30 PM EST

-- Robust deposit and loan growth and positive operating leverage support continued tangible book value expansion --

-- Private Wealth assets under management cross $3 billion milestone --

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 $9.6 million, or earnings per share of $1.15 on a diluted basis. This compares to net income available to common shareholders of $9.7 million, or $1.17 per share, in the third quarter of 2023 and $9.9 million, or $1.18... More