$70.850
+0.028 (+0.04%)Zum Schluss
FBIZ-News
FBIZ-Events
First Business Bank Net Interest Income Rises 6.8% to $35.5 Million
Net interest income increased $2.3 million, or 6.8%, to $35.5 million vs last year. "Our strong first quarter performance underscores the effectiveness of First Business Bank's strategy," said Corey Chambas, Chief Executive Officer. "We delivered broad-based growth, with loans and core deposits increasing 15% and 18%, respectively, exhibiting our team's success in driving exceptional levels of new client acquisition. Our higher-yielding C&I lending portfolios accounted for two-thirds of the late-quarter loan growth and should provide meaningful support to net interest margin going forward. Growth in non-interest income further reinforced the benefits of our diversified revenue model. Additionally, we made progress toward resolving our largest non-performing CRE credit, contributing to an 8% decline in non-accrual loans during the quarter. Our momentum in the first quarter positions us to achieve our full-year target of 10% growth and above-average shareholder returns while maintaining disciplined risk management."
First Business Financial Services Appoints David Seiler as CEO
On April 15, 2026, the Board of Directors of First Business Financial Services appointed David Seiler as President and Chief Executive Officer of the Company, effective May 3, 2026. Seiler will succeed Corey Chambas, whose retirement from his role as the Company's Chief Executive Officer was announced in May 2025.
First Business Financial Files $100M Mixed Securities Shelf
First Business Financial files $100M mixed securities shelf
First Business Bank Achieves 10% Revenue Growth in 2025
"First Business Bank continued to produce strong deposit and loan growth that outpaced the industry, expanding client relationships and driving outstanding financial performance during the fourth quarter," said Corey Chambas, Chief Executive Officer. "We concluded 2025 with positive momentum. Our revenue growth goals continued to be supported by robust loan pipelines, expansion of our private wealth platform, core deposit growth, and diversified fee income sources. While we saw an increase in nonperforming loans due to a single client relationship, we continue to experience stable credit quality across our performing portfolio. We are pleased to report strong profitability despite this isolated event. We are on track with our five-year strategic plan, achieving 10% growth in top-line revenue and maintaining an efficiency ratio below 60%. This momentum continued to drive above-target performance on return on average tangible common equity and growth in tangible book value for 2025."
First Business Financial Reports Q3 Earnings Per Share of $1.70, Exceeding Consensus of $1.39
Reports Q3 revenue $44.29M, consensus $42.27M. "First Business Bank's robust balance sheet growth and operating leverage drove outstanding financial performance during the quarter," said Corey Chambas, Chief Executive Officer. "We continued to execute our relationship-based growth strategy, producing record pre-tax, pre-provision earnings, 10% loan growth, 9% core deposit growth, and a strong and stable net interest margin. We also experienced improved asset quality, including an 18% reduction in non-performing assets. This led to a 13% year-to-date increase in top-line revenue and drove exceptional growth in shareholder value, with tangible book value expanding 16% from the prior year."
Diese Seite dient nur der Recherche und ist keine Anlageberatung. Modelle können falsch liegen. Vergangene Wertentwicklung ist kein Indikator für die Zukunft.