Detail akcie First Bus Fincl online

Business Summary: First Business Financial Services, Inc. is a bank holding company. The Company is engaged in the commercial banking business through its bank subsidiary, First Business Bank (the Bank). The Bank operates as a business bank, delivering a full line of commercial banking products and services tailored to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals. Its products and services are focused on business banking, private wealth, and bank consulting. It offers commercial real estate lending, commercial and industrial lending, asset-based lending, accounts receivable financing, equipment financing, floorplan financing, vendor financing, small business administration (SBA) lending and servicing, treasury management solutions, and company retirement services. Its private wealth management services include trust and estate administration, financial planning, investment management, and private banking.
Financial Summary: BRIEF: For the three months ended 31 March 2024, First Business Financial Services Inc interest income increased 33% to $55.8M. Net interest income after loan loss provision increased 8% to $27.2M. Net income applicable to common stockholders decreased 1% to $8.4M. Net interest income after loan loss provision reflects Loans and leases increase of 29% to $51.5M, Securities increase of 76% to $2.8M, Short-term investments increase from $660K to $1.4M.