First Business(FBIZ) - 2024 Q1 - Quarterly Results

[FOR IMMEDIATE RELEASE] First Business Financial Services, Inc. 401 Charmany Drive Madison, WI 53719 FIRST BUSINESS BANK REPORTS FIRST QUARTER 2024 NET INCOME OF $8.6 MILLION Exhibit 99.1 1 • Solid Loan Growth. Loans increased $60.6 million, or 8.5% annualized, from the fourth quarter of 2023, and $371.5 million, or 14.6%, from the first quarter of 2023, reflecting ongoing expansion across the Company's products and geographies. • Core Deposit Growth Continues. Average core deposits grew to a record $2.346 ...