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First Business Financial ( (FBIZ) ) just unveiled an announcement.
On January 30, 2025, First Business Bank reported a record fourth quarter 2024 net income of $14.2 million, reflecting strong financial performance driven by consistent loan growth and an enhanced net interest margin. The bank’s operating revenue increased to $41.2 million, supported by a 10% loan growth and a 13% expansion in fee income, resulting in a significant improvement in efficiency and tangible book value growth, despite excluding tax and SBA recourse benefits.
More about First Business Financial
First Business Financial Services, Inc., operating as First Business Bank, is a financial institution based in Madison, Wisconsin. The company focuses on providing business banking services, including loan products, wealth management, and financial advisory, with an emphasis on building deep client relationships.
YTD Price Performance: 8.33%
Average Trading Volume: 29,970
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $402.9M
For detailed information about FBIZ stock, go to TipRanks’ Stock Analysis page.
