Tiger Brokers

First Business Financial Services Inc. Reports Q2 2025 Net Income of $11.2M, EPS Rises to $1.35, Revenue Grows 10% Year-Over-Year

Reuters
Jul 25
First Business Financial Services Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Income of $11.2M, EPS Rises to $1.35, Revenue Grows 10% Year-Over-Year

First Business Financial Services Inc. has reported its financial results for the second quarter of 2025. The company achieved a net income available to common shareholders of $11.2 million, or earnings per share $(EPS)$ of $1.35. This marks an increase from the first quarter of 2025, where net income was $11.0 million, or $1.32 per share, and from the second quarter of 2024, which saw a net income of $10.2 million, or $1.23 per share. The bank's net interest income rose to $33.8 million from $33.3 million in the previous quarter and $30.5 million in the same period last year. Total operating revenue reached $41.0 million, compared to $40.8 million in the first quarter of 2025 and $38.0 million in the second quarter of 2024. The bank reported an 18% growth in pre-tax, pre-provision adjusted earnings for the first half of 2025 compared to the same period in 2024. Additionally, the bank experienced a 10% growth in operating revenue and a 17% growth in net income for the first half of 2025, underlining its strong performance and strategic execution. CEO Corey Chambas highlighted the bank's continued success in expanding its balance sheet and achieving earnings growth, noting an 8% increase in loans and an 11% rise in core deposits. These developments contributed to a 14% increase in tangible book value from the previous year. The net interest margin for the quarter stood at 3.67%, slightly down from 3.69% in the previous quarter but up from 3.65% in the second quarter of 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Business Financial Services Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250724215766) on July 24, 2025, and is solely responsible for the information contained therein.

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