8-K
filed January 26, 2023, 6:59 PM ET
ticker FBIZ
CIK 0001521951
earnings
confidence high
sentiment positive
materiality 0.75
First Business Bank Q4 net income $9.9M, EPS $1.18; loan growth 20% annualized
FIRST BUSINESS FINANCIAL SERVICES, INC.
2022-FY EPS reported
$4.75
- Diluted EPS $1.18 vs $1.01 YoY; full-year EPS $4.75 vs $4.17 in 2021.
- Loans grew $114.2M (19.6% annualized) from Q3; record net interest margin 4.15%.
- Total deposits $2.168B, up 15.5% annualized linked quarter; in-market deposits up 7.6%.
- Non-performing assets at historic low of 0.13% of total assets.
- Tangible book value per share up 8.6% YoY; management expects double-digit growth in 2023.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.99
FIRST BUSINESS FINANCIAL SERVICES, INC. reported full year 2022 results: net income $40.2 million, EPS $4.75.
- Period
- full year 2022
- Net income
- $40.2 million
- EPS
- $4.75
- Result
- reported results
Exact text from the filing
For the full year 2022, the Company reported net income available to common shareholders of $40.2 million, or $4.75 per share, compared to $35.8 million, or $4.17 per share, in 2021.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.99
FIRST BUSINESS FINANCIAL SERVICES, INC. reported quarter ended September 30, 2022 results: net income $10.6 million, EPS $1.25.
- Period
- quarter ended September 30, 2022
- Net income
- $10.6 million
- EPS
- $1.25
- Result
- reported results
Exact text from the filing
This compares to net income available to common shareholders of $10.6 million, or $1.25 per share, in the third quarter of 2022
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.99
FIRST BUSINESS FINANCIAL SERVICES, INC. reported full year 2021 results: net income $35.8 million, EPS $4.17.
- Period
- full year 2021
- Net income
- $35.8 million
- EPS
- $4.17
- Result
- reported results
Exact text from the filing
For the full year 2022, the Company reported net income available to common shareholders of $40.2 million, or $4.75 per share, compared to $35.8 million, or $4.17 per share, in 2021.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.99
FIRST BUSINESS FINANCIAL SERVICES, INC. reported quarter ended December 31, 2022 results: net income $9.9 million, EPS $1.18.
- Period
- quarter ended December 31, 2022
- Net income
- $9.9 million
- EPS
- $1.18
- Result
- reported results
Exact text from the filing
First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $9.9 million, or $1.18 diluted earnings per share.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.99
FIRST BUSINESS FINANCIAL SERVICES, INC. reported quarter ended December 31, 2021 results: net income $8.6 million, EPS $1.01.
- Period
- quarter ended December 31, 2021
- Net income
- $8.6 million
- EPS
- $1.01
- Result
- reported results
Exact text from the filing
This compares to net income available to common shareholders of $10.6 million, or $1.25 per share, in the third quarter of 2022 and $8.6 million, or $1.01 per share, in the fourth quarter of 2021.
View on SEC.gov
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