FIRST BUSINESS FINANCIAL SERVICES, INC.

First Business Financial Services, Inc. (Nasdaq: FBFS) operates as a bank holding company engaged in commercial banking through its wholly-owned subsidiary First Business Bank, headquartered in Madison, Wisconsin. The company maintains an internet presence at www.firstbusiness.bank and serves as a specialized business bank delivering tailored financial solutions to small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals across Wisconsin, Kansas, and Missouri.

The company's core business encompasses three primary service areas. Commercial banking products include commercial real estate lending representing approximately 61 percent of total gross loans and leases, commercial and industrial lending comprising 37.7 percent of the portfolio, and specialized lending niches such as asset-based lending, accounts receivable financing, equipment financing, floorplan financing, and SBA lending and servicing. Private wealth management services encompass trust and estate administration, financial planning, investment management, and private banking, with the bank administering approximately 3.332 billion dollars in private wealth assets. Bank consulting services provide outsourced treasury and asset liability management solutions to financial institutions.

As of December 31, 2025, First Business Financial Services maintains total consolidated assets of 4.082 billion dollars, total gross loans and leases of 3.375 billion dollars, total deposits of 3.380 billion dollars, and total stockholders' equity of 371.6 million dollars. The company operates through four full-service banking locations in Madison, Brookfield, and Appleton, Wisconsin, and Leawood, Kansas, supported by a workforce of 371 employees across onsite, hybrid, and remote roles. The company also manages 482.5 million dollars in company retirement plan assets.

First Business Financial Services distinguishes itself through deep client relationships, specialized financial expertise, and a centralized administrative structure rather than relying on traditional branch networks. The company's business model emphasizes long-term client relationships and best-in-class service delivery, competing against regional and national financial institutions through experienced banking professionals and responsive service. The bank was originally chartered in 1909 as Kingston State Bank in Wisconsin before relocating to Madison in 1990 to focus on commercial banking services for small to medium-sized businesses.