Brief: First Business Bank Reports Second Quarter 2023 Net Income Of $8.1 Million

First Business Financial Services

27/07/2023 23:19

July 27 (Reuters) - First Business Financial Services
Inc  FBIZ.O :
    * FIRST BUSINESS BANK REPORTS SECOND QUARTER 2023 NET INCOME
OF
$8.1 MILLION
    * FIRST BUSINESS FINANCIAL SERVICES INC - NET INTEREST
INCOME
INCREASED $1.0 MILLION, OR 3.9%, TO $27.7 MILLION COMPARED TO Q1
2023
    * FIRST BUSINESS FINANCIAL SERVICES - SEES DEPOSIT BETAS MAY
CONTINUE TO RISE,NET INTEREST MARGIN MAY CONTINUE TO DECLINE AT
GRADUAL PACE IN COMING QTRS
    * FIRST BUSINESS FINANCIAL SERVICES INC - TOTAL DEPOSITS AT
QUARTER END GREW TO $2.529 BILLION, INCREASING 8.4% ANNUALIZED

Source text for Eikon:  ID:nBw9bCpNVa 
Further company coverage:  FBIZ.O 

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