First Business Financial Services Inc. Announces 3rd Quarter Results
MADISON, WI, – Nov. 23, 2004 – First Business Financial Services, Inc., holding company of First Business Bank, announced 3rd quarter results for 2004. First Business Financial Services reported net income of $2.8 million for the third quarter of 2004, as compared to $3.0 million for the 3rd quarter ended September 30, 2003.
Fully diluted earnings per share for the third quarter of 2004 was $1.15. This compares to $1.43 for the same period in 2003. Total assets for the company on September 30, 2004 were $557.1 million, an increase of 8.3% or $43.0 million from September 30, 2003.
Return on average assets for this period was .70%. Return on average equity
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.