First Business Financial Services Inc. Announces 2003 Ytd Earnings
MADISON, WI, – Nov. 21, 2003 – First Business Financial Services, Inc. announced today a reported net income of $2.973 Million for the three quarters ending September 30, 2003. This was an increase of $2.4 Million over earnings reported as of September 30, 2002.
Fully diluted earnings per share on September 30 were $1.43. The comparable period for 2002 showed earnings per share of $.27. Total assets for the company on September 30 were $514 Million, an increase of 7.5% or $36 Million from September 30, 2002. ROA for the period was .8%. ROE was 16.2%.
About First Business
First Business Financial Services is a Wisconsin-based bank holding company, focused on the unique needs of businesses, business executives and high net worth individuals. First Business offers commercial banking, specialty finance and private wealth management solutions, and because of its niche focus, is able to provide its clients with unmatched expertise, accessibility and responsiveness. For additional information, visit www.firstbusiness.com.