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First Business Financial announces orderly board leadership transition

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First Business Financial announces orderly board leadership transition

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First Business Financial ( (FBIZ) ) has provided an announcement.

On January 29, 2026, First Business Financial Services, Inc. announced that longtime director Ralph R. Kauten, who has served on the Board since 2018, intends to retire from the Board at the conclusion of the company’s 2026 Annual Meeting of Shareholders, expected around April 24, 2026, in accordance with the firm’s Director Retirement Policy requiring retirement at age 75 and with no disagreements regarding the company’s operations, policies, or practices. Upon the effective date of Kauten’s retirement, Jason R. Graham will assume the role of Chair of the Audit Committee, signaling a planned and orderly leadership transition in the company’s board-level financial oversight and governance structure.

The most recent analyst rating on (FBIZ) stock is a Buy with a $64.00 price target. To see the full list of analyst forecasts on First Business Financial stock, see the FBIZ Stock Forecast page.

Spark’s Take on FBIZ Stock

According to Spark, TipRanks’ AI Analyst, FBIZ is a Outperform.

FBIZ scores well primarily on solid financial performance (profitability, improving leverage, and positive cash generation) and attractive valuation (low P/E with a dividend). Technicals add support with price above major moving averages and neutral-to-positive momentum. The latest earnings call was broadly positive with reiterated growth and NIM targets, partly offset by isolated credit/NIM headwinds and some variability in noninterest income.

To see Spark’s full report on FBIZ stock, click here.

More about First Business Financial

First Business Financial Services, Inc. operates as a financial services company, overseen by a Board of Directors that includes specialized committees such as an Audit Committee to support its governance and regulatory oversight responsibilities.

Average Trading Volume: 23,975

Technical Sentiment Signal: Buy

Current Market Cap: $477.1M

Learn more about FBIZ stock on TipRanks’ Stock Analysis page.

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