First Business Financial Services Q1 2024 Earnings Report

First Business Financial Services EPS Results

• Actual EPS: $1.04
• Consensus EPS: $1.13
• Beat/Miss: Missed by -$0.09
• One Year Ago EPS: N/A

First Business Financial Services Revenue Results

• Actual Revenue: $62.54 million
• Expected Revenue: $37.47 million
• Beat/Miss: Beat by +$25.07 million
• YoY Revenue Growth: N/A

First Business Financial Services Announcement Details

• Quarter: Q1 2024
• Date: 4/26/2024
• Time: Q1 2024 Earnings Release

First Business Financial Services (NASDAQ:FBIZ) operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri. The company offers real estate lending, commercial and industrial lending, asset-based lending, accounts receivable financing, equipment financing loans and leases, floorplan financing, vendor financing, small business administration lending and servicing, treasury management solutions, and company retirement services. It also provides private wealth management for individuals, including creating and executing asset allocation strategies, trust and estate administration, financial planning, investment management, and access to brokerage and custody-only services. In addition, the company offers bank consulting consisting of investment portfolio administrative and asset liability management services, and commercial deposit accounts. The company was founded in 1909 and is headquartered in Madison, Wisconsin.