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Stock impact report

First Business Bank Reports Strong Third Quarter 2021 Net Income of $9.2 Million

First Business Financial Services, Inc. (FBIZ) 
Last first business financial services, inc. earnings: 4/23 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.firstbusiness.com
Company Research Source: Business Wire
-- Continuation of positive trends including top line revenue growth, organic loan growth, and superior asset quality -- MADISON, Wis.--(BUSINESS WIRE)--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 Bank’s excellent third quarter results include profitable top line revenue growth illustrating the strength and diversification of our fee generating businesses, net interest margin stability, and our team’s ability to organically grow commercial loans,” President and Chief Executive Officer Corey Chambas said. “Excluding PPP loans, we achieved another quarter of solid loan growth and our record pipelines continue to support o Show less Read more
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