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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Jun-30-22Dec-31-21Jun-30-21Dec-31-20Dec-31-19Dec-31-18
   8-K10-K8-K10-K8-K10-K10-K10-K
    Interest income:  
        Interest income on loans   115.4 91.8 89.296.286.2
        Interest income on investments   4.5 3.4 4.2  
       89.2121.451.396.048.494.2102.091.3
        Interest on deposits   13.2 3.6 8.923.015.5
    Total interest expense  34.822.96.211.35.917.132.223.9
Net interest income  54.598.445.184.742.577.169.967.3
Provision for loan losses   -3.9 -5.8-3.016.82.15.5
Net interest income after provision for loan losses  54.5102.345.190.545.560.367.861.9
        Deposit and loan fees  1.73.01.32.51.11.81.81.8
        Gain on sale of investments, net      0.0 0.00.0
        Other non-interest income  14.126.412.925.612.425.121.716.4
Total non-interest income  15.829.414.328.113.526.923.418.2
Non-interest expenses  43.879.538.371.535.568.966.762.4
Pre-tax income before non-recurring items  21.752.224.147.021.318.324.517.7
Non-recurring items  -0.9 -1.5 -2.3   
Pre-tax income  22.652.225.647.023.518.324.517.7
Income taxes  5.311.45.811.35.61.31.21.4
            Tax rate  23.5%21.8%22.5%24.0%23.7%7.2%4.8%7.7%
Net income  16.940.219.635.818.017.023.316.3
            Net margin  24.0%30.5%33.1%30.2%30.4%19.5%25.6%20.4%
   
Basic EPS  $2.07$4.88$2.38$4.30$2.14$2.02$2.74$1.89
Diluted EPS  $2.07$4.88$2.38$4.30$2.14$2.02$2.74$1.89
   
Shares outstanding (basic)  8.18.28.28.38.48.48.58.6
Shares outstanding (diluted)  8.18.28.28.38.48.48.58.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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