First Business Financial Services, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $168.6M | $153.5M | $143.9M | $127.9M | $170.0K | $113.0K | $9.0K | $85.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | $1.9M |
| Operating Income | $60.5M | $51.2M | $129.5M | $75.2M | $58.4M | $35.4M | $56.7M | $41.6M |
| Operating Margin | 35.9% | 33.3% | 90.0% | 58.8% | 34,331.2% | 31,338.9% | 629,811.1% | 48.6% |
| Interest Expense | — | — | $82.3M | $22.9M | $11.3M | $17.1M | $32.2M | $23.9M |
| Pretax Income | $60.5M | $51.2M | $47.1M | $52.2M | $47.0M | $18.3M | $24.5M | $17.7M |
| Income Tax Expense | $10.1M | $6.9M | $10.1M | $11.4M | $11.3M | $1.3M | $1.2M | $1.4M |
| Net Income | $50.3M | $44.2M | $37.0M | $40.9M | $35.8M | $17.0M | $23.3M | $16.3M |
| Net Margin | 29.8% | 28.8% | 25.7% | 32.0% | 21,032.4% | 15,024.8% | 259,155.6% | 19.1% |
| EPS (Basic) | $5.94 | $5.20 | $4.33 | $4.75 | $4.17 | $1.97 | $2.68 | $1.86 |
| EPS (Diluted) | $5.94 | $5.20 | $4.33 | $4.75 | $4.17 | $1.97 | $2.68 | $1.86 |
| Shares Outstanding (Basic) | 8.2M | 8.1M | 8.1M | 8.2M | 8.3M | 8.4M | 8.5M | 8.6M |
| Shares Outstanding (Diluted) | 8.2M | 8.1M | 8.1M | 8.2M | 8.3M | 8.4M | 8.5M | 8.6M |
| Dividends Per Share | $1.16 | $1.00 | $0.91 | $0.79 | $0.72 | $0.66 | $0.60 | $0.56 |