FBIZ
FIRST BUSINESS FINANCIAL SERVICES, INC.
NASDAQ · Financial Services · Banks - Regional · US
$77.31
+0.82%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 289.4M | 279.2M | 262.4M | 226.2M | 150.8M |
| Cost of Revenue | 117.5M | 119.3M | 117.8M | 90.5M | 19.1M |
| Gross Profit | 171.9M | 160.0M | 144.6M | 135.7M | 131.7M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 80.4M | 76.7M | 72.3M | 66.2M | 61.1M |
| General & Admin Expense | 77.2M | 72.9M | 68.8M | 63.3M | 58.8M |
| Selling & Marketing Expense | 3.2M | 3.8M | 3.5M | 2.9M | 2.4M |
| Other Expenses | 24.7M | 22.8M | 21.2M | 22.4M | 18.3M |
| Total Operating Expenses | 105.0M | 99.5M | 93.5M | 88.6M | 79.5M |
| Cost and Expenses | 222.6M | 218.8M | 211.2M | 179.1M | 98.6M |
| Operating Income (EBIT) | 66.9M | 60.5M | 51.1M | 47.1M | 52.2M |
| Non-Operating | |||||
| Interest Income | 256.2M | 247.3M | 233.1M | 194.9M | 121.4M |
| Interest Expense | 108.7M | 110.6M | 108.9M | 82.3M | 22.9M |
| Net Interest Income | 147.5M | 136.7M | 124.2M | 112.6M | 98.4M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 66.9M | 60.5M | 51.1M | 47.1M | 52.2M |
| Income Tax Expense | 9.2M | 10.1M | 6.9M | 10.1M | 11.4M |
| Bottom Line | |||||
| Net Income | 57.7M | 50.3M | 44.2M | 37.0M | 40.9M |
| Earnings from Cont. Ops | 57.7M | 50.3M | 44.2M | 37.0M | 40.9M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 56.8M | 49.4M | 42.3M | 35.2M | 39.1M |
| Per Share | |||||
| Basic EPS | $6.94 | $6.06 | $5.20 | $4.33 | $4.75 |
| Diluted EPS | $6.94 | $6.06 | $5.20 | $4.33 | $4.75 |
| Revenue Per Share | $35.10 | $34.23 | $32.20 | $27.82 | $18.33 |
| Shares | |||||
| Basic Shares Outstanding | 8.2M | 8.2M | 8.1M | 8.1M | 8.2M |
| Diluted Shares Outstanding | 8.2M | 8.2M | 8.1M | 8.1M | 8.2M |
| Profitability Metrics | |||||
| EBITDA | 69.7M | 64.2M | 54.9M | 50.8M | 56.3M |
| D&A | 2.8M | 3.8M | 3.7M | 3.6M | 4.1M |
| EBIT | 66.9M | 60.5M | 51.1M | 47.1M | 52.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026