First Business Financial Services, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $15.6M | $12.2M | $13.3M | $14.4M | $11.4M | $11.2M | $14.4M | $10.5M |
| Depreciation & Amortization | $968.0K | $929.0K | $950.0K | $1.0M | $950.0K | $871.0K | $1.0M | $953.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $912.0K | $647.0K | $638.0K | $585.0K | $926.0K | $651.0K | $847.0K | $649.0K |
| Net Cash from Operating Activities | $43.8M | $3.1M | $16.1M | $18.4M | $15.8M | $11.3M | $22.0M | $13.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $164.0K | $135.0K | $39.0K | $146.0K | $330.0K | $80.0K | $42.0K | $-615.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-83.1M | $-138.5M | $-51.1M | $-113.1M | $-111.8M | $-97.4M | $-102.1M | $-66.6M |
| Financing Activities | ||||||||
| Dividends Paid | $3.0M | $2.9M | $2.4M | $2.4M | $2.4M | $2.4M | $2.1M | $2.1M |
| Stock Repurchases | $878.0K | $811.0K | $16.0K | $11.0K | $586.0K | $777.0K | $13.0K | $12.0K |
| Net Cash from Financing Activities | $65.5M | $233.1M | $30.1M | $15.8M | $48.5M | $99.0M | $105.9M | $103.7M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $43.6M | $2.9M | $16.1M | $18.3M | $15.5M | $11.2M | $21.9M | $14.4M |