Earnings ·
Reports Q3 EPS of $1.95 and declares quarterly dividend of $0.34 per share
FBIZFirst Business Financial Services, Inc.
First Business Financial Services reported record third-quarter net income available to common shareholders of $16.4 million, or $1.95 per diluted share, up from $1.84 in the prior quarter. The company also declared a quarterly cash dividend of $0.34 per share on its common stock, payable November 30 to holders of record as of November 12. Loans grew 9.9% annualized to $3.67 billion while core deposits increased 14.1% annualized to $2.98 billion. The company operates in the commercial banking and specialty finance industry.