Madison, Wisconsin, February 3, 2025- (Business Wires) -Irst Business Financial Services, Inc. (“Company” or “First Business Bank”) (NASDAQ: FBIZ) announced that the Board of Directors has declared a quarter. Based on the Friday market, 51.66, cash dividends per share equivalent to 22 % dividend yields per share. The quarterly dividends have increased the quarterly dividends declared in October 2024 by 16 %, 13 consecutive annual dividends. The dividend payment rate is 17 % based on the profit per share of the 2024 quarter. This normal cash dividend will be paid to the recorded shareholders on February 28, 2025 at the end of the business on February 14, 2025.
The Board of Directors also declared a dividend for 7 % Series A -preferred shares of a $ 17.50 company paid on March 17, 2025 on February 28, 2025.
About first business bank
First Business Bank specializes in business banking, such as commercial banking, specialized finance, private assets, and bank consulting services, and provides unparalleled expertise, accessibility, and responsiveness through sophisticated focus. Specialty Finance Solutions is provided through the FIRST BUSINESS BANK full -owned subsidiaries FIRST BUSINESS SPECIALTY FINANCE, LLC. First Business Bank is FIRST Business Financial Services, Inc. (NASDAQ: FBIZ) is a full subsidiary. For more information, see FirstBuss.Bank.
For this press release, FIRST BUSINESS FINANCIAL SERVICES, INC. Includes a statement related to the future. This can generally be identified by explaining the future plan, goals, or goals of the company. Such a description of the future outlook is a risk and uncertainty that may be significantly different from what is currently expected. These descriptions of the future outlook will be made in accordance with the safe port provisions of the 1995 Civil Securities Litigation Reform Law. For more information about factors that may affect the future results of the company, see the annual report of 2022 about Foam 10-K. Quarter report on Forms 10-Q and other submissions to the Securities and Exchange Commission.
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contact address
Brian D. Spirman
CFO
First Business Financial Services, Inc.
608-232-5970
bspielMann@firstbusiness.bank
