First Business Financial Services, Inc. (FBIZ)

FBIZ Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	226.35	216.9	182.65	115.37	91.84	89.16
Interest Income on Investments	18.32	16.23	12.28	6	4.15	5.02
Total Interest Income	244.67	233.13	194.93	121.37	96	94.18
Interest Paid on Deposits	97.73	97.92	71.42	13.18	3.55	8.92
Interest Paid on Borrowings	11.86	11	10.92	9.77	7.78	8.19
Total Interest Expense	109.59	108.92	82.34	22.95	11.33	17.11
Net Interest Income	135.08	124.21	112.59	98.42	84.66	77.07
Net Interest Income Growth (YoY)	12.00%	10.32%	14.39%	16.25%	9.85%	10.33%
Trust Income	14.36	13.26	11.43	10.88	10.78	8.61
Gain (Loss) on Sale of Investments	-	-0.01	-0.05	-	0.03	-2.4
Gain (Loss) on Sale of Equity Investments	1.93	1.93	5.02	3.01	2.5	0.52
Other Non-Interest Income	9.25	8.35	9.72	9.15	6.9	11.5
Total Non-Interest Income	32.48	29.25	31.31	29.43	28.1	24.55
Non-Interest Income Growth (YoY)	14.61%	-6.57%	6.39%	4.73%	14.48%	26.98%
Revenues Before Loan Losses	167.56	153.46	143.9	127.85	112.76	101.62
Provision for Loan Losses	9.5	8.83	8.18	-3.87	-5.8	16.81
Revenue	158.05	144.63	135.71	131.72	118.57	84.81
Revenue Growth (YoY)	12.70%	6.57%	3.03%	11.09%	39.80%	-2.63%
Salaries and Employee Benefits	63.25	60.32	58.08	55.16	49.2	43.98
Federal Deposit Insurance	3.16	2.76	2.24	1.04	1.14	1.24
Selling, General & Administrative	27.69	26.72	23.72	20.88	18.79	17.07
Other Non-Interest Expense	4.34	3.58	4.43	2.37	2.36	4.12
Total Non-Interest Expense	98.54	93.48	88.58	79.47	71.54	66.5
EBT Excluding Unusual Items	59.52	51.15	47.14	52.24	47.03	18.31
Pretax Income	59.52	51.15	47.14	52.24	47.03	18.31
Income Tax Expense	8.11	6.91	10.11	11.39	11.28	1.33
Net Income	51.4	44.25	37.03	40.86	35.76	16.98
Preferred Dividends & Other Adjustments	1.95	1.91	1.81	1.79	1.05	0.42
Net Income to Common	49.46	42.34	35.21	39.07	34.7	16.56
Net Income Growth	29.80%	19.49%	-9.38%	14.27%	110.60%	-27.21%
Basic Shares Outstanding	8	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8	8
Shares Change (YoY)	0.10%	0.21%	-1.16%	-1.06%	-0.83%	-1.54%
EPS (Basic)	6.07	5.20	4.33	4.75	4.17	1.97
EPS (Diluted)	6.07	5.20	4.33	4.75	4.17	1.97
EPS Growth	30.76%	20.00%	-8.82%	13.88%	111.67%	-26.49%
Dividend Per Share	1.120	1.000	0.910	0.790	0.720	0.660
Dividend Growth	14.58%	9.89%	15.19%	9.72%	9.09%	10.00%
Effective Tax Rate	13.63%	13.50%	21.45%	21.79%	23.97%	7.25%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q