Articles from First Business Financial Services, Inc.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) announced that Corey A. Chambas intends to retire from his role as Chief Executive Officer on May 2, 2026. The Company will name President and Chief Operating Officer David R. Seiler to succeed him as CEO effective the same date. Mr. Chambas will remain on the boards of directors of the Company and First Business Bank.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.29 per share which is equivalent to a dividend yield of 2.42% based on Friday’s market close price of $47.89. The quarterly dividend is the same as the quarterly dividend declared in January 2025, and based on first quarter 2025 earnings per share, represents a dividend payout ratio of 22%. This regular cash dividend is payable on May 23, 2025, to shareholders of record at the close of business on May 9, 2025. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on June 16, 2025, to shareholders of record on May 30, 2025.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $11.0 million, or earnings per share ("EPS") of $1.32. This compares to net income available to common shareholders of $14.2 million, or $1.71 per share, in the fourth quarter of 2024 and $8.6 million, or $1.04 per share, in the first quarter of 2024. EPS for the fourth quarter of 2024 included income tax and Small Business Administration ("SBA") recourse reserve benefits totaling $0.28 per share.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq:FBIZ) invites participation in a conference call to discuss the Company’s financial and operating performance during its first quarter ended March 31, 2025. The conference call and webcast may contain forward-looking statements and other material information.

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First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $14.2 million, or earnings per share ("EPS") of $1.71. This compares to net income available to common shareholders of $10.3 million, or $1.24 per share, in the third quarter of 2024 and $9.6 million, or $1.15 per share, in the fourth quarter of 2023. EPS for the fourth quarter of 2024 included tax and Small Business Administration ("SBA") recourse reserve benefits totaling $0.28 per share.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq:FBIZ) invites participation in a conference call to discuss the Company’s financial and operating performance during its fourth quarter ended December 31, 2024. The conference call and webcast may contain forward-looking statements and other material information.

First Business Financial Services, Inc., parent company of First Business Bank, is saddened to share that John J. Harris, 72, passed away on November 13, 2024. John served as a distinguished member of the First Business Financial Services, Inc. Board of Directors for 12 years, including six years serving concurrently on the First Business Bank board, making invaluable contributions to the company’s growth and success.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.25 per share which is equivalent to a dividend yield of 2.23% based on Thursday's market close price of $44.82. The quarterly dividend is the same as the quarterly dividend declared in July 2024, and based on third quarter 2024 earnings per share, represents a dividend payout ratio of 20%. This regular cash dividend is payable on November 20, 2024, to shareholders of record at the close of business on November 7, 2024. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on December 16, 2024, to shareholders of record on November 29, 2024.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $10.3 million, or earnings per share of $1.24 on a diluted basis. This compares to net income available to common shareholders of $10.2 million, or $1.23 per share, in the second quarter of 2024 and $9.7 million, or $1.17 per share, in the third quarter of 2023.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq:FBIZ) invites participation in a conference call to discuss the Company’s financial and operating performance during its third quarter ended September 30, 2024. The conference call and webcast may contain forward-looking statements and other material information.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.25 per share which is equivalent to a dividend yield of 2.30% based on Thursday's market close price of $43.49. The quarterly dividend is the same as the quarterly dividend declared in April 2024, and based on second quarter 2024 earnings per share, represents a dividend payout ratio of 20%. This regular cash dividend is payable on August 21, 2024, to shareholders of record at the close of business on August 8, 2024. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on September 16, 2024, to shareholders of record on August 31, 2024.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $10.2 million, or earnings per share of $1.23 on a diluted basis. This compares to net income available to common shareholders of $8.6 million, or $1.04 per share, in the first quarter of 2024 and $8.1 million, or $0.98 per share, in the second quarter of 2023.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) a leader in commercial banking and specialty finance, today announced its board of directors has approved a $5.0 million share repurchase program. This program authorizes the repurchase of shares of the Company’s common stock as part of its ongoing capital management strategy. The share repurchase program has no expiration date.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.25 per share which is equivalent to a dividend yield of 2.92% based on Friday’s market close price of $34.24. The quarterly dividend is the same as the quarterly dividend declared in January 2024, and based on first quarter 2024 earnings per share, represents a dividend payout ratio of 24%. This regular cash dividend is payable on May 22, 2024, to shareholders of record at the close of business on May 9, 2024. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on June 17, 2024, to shareholders of record on May 31, 2024.

First Business Financial Services, Inc. (the “Company,” the “Bank,” or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $8.6 million, or earnings per share of $1.04 on a diluted basis. This compares to net income available to common shareholders of $9.6 million, or $1.15 per share, in the fourth quarter of 2023 and $8.8 million, or $1.05 per share, in the first quarter of 2023.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.25 per share which is equivalent to a dividend yield of 2.53% based on Friday's market close price of $39.56. The quarterly dividend represents a 10% increase over the quarterly dividend declared in October 2023, and, based on fourth quarter 2023 earnings per share, represents a dividend payout ratio of 22%. This regular cash dividend is payable on February 21, 2024, to shareholders of record at the close of business on February 8, 2024.

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 per share, in the fourth quarter of 2022.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.2275 per share which is equivalent to a dividend yield of 3.07% based on Friday's market close price of $29.60. The quarterly dividend is the same as the quarterly dividend declared in July 2023, and based on third quarter 2023 earnings per share, represents a dividend payout ratio of 19%. This regular cash dividend is payable on November 16 2023, to shareholders of record at the close of business on November 6, 2023. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on December 15, 2023, to shareholders of record on November 30, 2023.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $9.7 million, or earnings per share of $1.17 on a diluted basis. This compares to net income available to common shareholders of $8.1 million, or $0.98 per share, in the second quarter of 2023 and $10.6 million, or $1.25 per share, in the third quarter of 2022.

First Business Financial Services, Inc., (Nasdaq: FBIZ), parent company of First Business Bank, today announces it was selected by Piper Sandler for inclusion among its Sm-All Stars Class of 2023.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq: FBIZ) announced the completion of a private placement of $15.0 million in aggregate principal amount of 8.0% Subordinated Debentures due September 29, 2033 (the “Notes”) to certain of the Bank’s local community investors and other "accredited investors” (as defined under applicable securities regulations) on September 29, 2023. The Company intends to use the net proceeds of the offering for general corporate purposes, including support of the Bank’s growth strategy.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.2275 per share which is equivalent to a dividend yield of 2.68% based on Thursday’s market close price of $33.99. The quarterly dividend is the same as the quarterly dividend declared in April 2023, and based on second quarter 2023 earnings per share, represents a dividend payout ratio of 23%. This regular cash dividend is payable on August 17 2023, to shareholders of record at the close of business on August 7, 2023. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on September 15, 2023, to shareholders of record on August 31, 2023.

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 Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.2275 per share which is equivalent to a dividend yield of 3.16% based on Thursday’s market close price of $28.78. The quarterly dividend is the same as the quarterly dividend declared in January 2023, and based on first quarter 2023 earnings per share, represents a dividend payout ratio of 22%. This regular cash dividend is payable on May 18 2023, to shareholders of record at the close of business on May 8, 2023. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on June 15, 2023, to shareholders of record on May 31, 2023.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $8.8 million, or $1.05 diluted earnings per share. This compares to net income available to common shareholders of $9.9 million, or $1.18 per share, in the fourth quarter of 2022 and $8.7 million, or $1.02 per share, in the first quarter of 2022.

First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.2275 per share which is equivalent to a dividend yield of 2.72% based on Thursday’s market close price of $33.42. The quarterly dividend represents a 15% increase over the quarterly dividend declared in October 2022, and, based on fourth quarter 2022 earnings per share, represents a dividend payout ratio of 19%. This regular cash dividend is payable on February 16, 2023, to shareholders of record at the close of business on February 6, 2023.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) announced promotions among its commercial banking team, advancing key leaders across its Midwest business banking markets.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.1975 per share which is equivalent to a dividend yield of 2.24% based on Thursday’s market close price of $35.29. The quarterly dividend is the same as the quarterly dividend declared in July 2022, and based on third quarter 2022 earnings per share, represents a dividend payout ratio of 16%. This regular cash dividend is payable on November 17, 2022 to shareholders of record at the close of business on November 7, 2022. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on December 15, 2022, to shareholders of record on November 30, 2022.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $10.6 million, or $1.25 diluted earnings per share. This compares to net income available to common shareholders of $11.0 million, or $1.29 per share, in the second quarter of 2022 and $9.2 million, or $1.07 per share, in the third quarter of 2021.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $11.0 million, or $1.29 diluted earnings per share. This compares to net income of $8.7 million, or $1.02 per share, in the first quarter of 2022 and $8.2 million, or $0.95 per share, in the second quarter of 2021.

First Business Financial Services, Inc. (the “Company,” the “Bank,” or “First Business Bank”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.1975 per share which is equivalent to a dividend yield of 2.30% based on Thursday’s market close price of $34.33. The quarterly dividend is the same as the quarterly dividend declared in January 2022, and based on first quarter 2022 earnings per share, represents a dividend payout ratio of 19.4%. This regular cash dividend is payable on May 19, 2022 to shareholders of record at the close of business on May 9, 2022. The Board of Directors also declared the initial dividend of the Company’s $12.5 million, 7% Series A Preferred Stock, payable June 15, 2022, to shareholders of record on June 1, 2022.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported net income of $8.7 million, or $1.02 diluted earnings per share, in the first quarter of 2022. This compares to net income of $8.6 million, or $1.01 per share, in the fourth quarter of 2021 and $9.7 million, or $1.12 per share, in the first quarter of 2021.

Today First Business Bank has announced it has earned the 2022 Top Workplaces USA award, issued by Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces. The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets for regional Top Workplaces awards.

First Business Financial Services, Inc. (“First Business”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.1975 per share which is equivalent to a dividend yield of 2.57% based on Thursday’s market close price of $30.71. The quarterly dividend represents a 10% increase over the quarterly dividend declared in October 2021, and based on fourth quarter 2021 earnings per share, a dividend payout ratio of 17.0%. This regular cash dividend is payable on February 17, 2022 to shareholders of record at the close of business on February 7, 2022.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported net income of $8.6 million, or $1.01 diluted earnings per share, in the fourth quarter of 2021. The Company reported net income of $9.2 million, or $1.07 per share, in the third quarter of 2021 and $6.1 million, or $0.71, in the fourth quarter of 2020. For the full year 2021, the Company reported net income of $35.8 million, or $4.17 per share, compared to $17.0 million, or $1.97 per share, in 2020.

First Business Financial Services, Inc. (“First Business”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.18 per share which is equivalent to a dividend yield of 2.52% based on Thursday’s market close price of $28.59. The quarterly dividend is the same as the quarterly dividend declared in July 2021 and based on our third quarter 2021 earnings per share, represents a dividend payout ratio of 16.8%. This regular cash dividend is payable on November 18, 2021 to shareholders of record at the close of business on November 8, 2021.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported net income of $9.2 million, or $1.07 diluted earnings per share, in the third quarter 2021. Third quarter net income grew by 11.7% from $8.2 million, or $0.95 per share, in the second quarter of 2021 and more than doubled from $4.3 million, or $0.50, in the third quarter of 2020.

First Business Financial Services, Inc., (Nasdaq: FBIZ), parent company of First Business Bank, today announces it was selected by Piper Sandler for inclusion among its Sm-All Stars Class of 2021.

First Business Financial Services, Inc. (“First Business”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.18 per share which is equivalent to a dividend yield of 2.66% based on Thursday’s market close price of $27.07. The quarterly dividend is the same as the quarterly dividend declared in April 2021, and, based on our second quarter 2021 earnings per share, represents a dividend payout ratio of 18.9%. This regular cash dividend is payable on August 19, 2021 to shareholders of record at the close of business on August 9, 2021.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported net income of $8.2 million, or $0.95 diluted earnings per share, in the second quarter 2021. This compares to record net income of $9.7 million or $1.12 in the first quarter of 2021, and $3.3 million or $0.38 in the second quarter of 2020.

First Business Financial Services, Inc. (“First Business”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.18 per share which is equivalent to a dividend yield of 2.86% based on Thursday’s market close price of $25.16. The quarterly dividend is the same as the quarterly dividend declared in January 2021, and, based on our first quarter 2021 earnings per share, represents a dividend payout ratio of 16%. This regular cash dividend is payable on May 24, 2021 to shareholders of record at the close of business on May 10, 2021.

First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported record net income of $9.7 million, or $1.12 diluted earnings per share, in the first quarter 2021, compared to $6.1 million or $0.71 in the fourth quarter of 2020, and $3.3 million or $0.38 in the first quarter of 2020.