First Business Reports Strong 2025 Growth, CEO to Retire in May with Successor Named
Summary
First Business Financial Services announced strong 2025 financial results, reporting 10% revenue growth, over 14% growth in pre-tax, pre-provision earnings and EPS, and a notable 12% increase in core deposits. This detailed performance update provides specific metrics following the general positive outlook in the company's recent 10-K filing. Concurrently, the company confirmed CEO Corey Chambas's retirement effective May 2, 2026, with President and COO Dave Seiler named as his successor, finalizing a leadership transition previously indicated. For a small-cap bank, these robust financial metrics and a clear, planned executive succession are highly material, signaling operational strength and leadership stability. Traders will closely watch the new CEO's strategic initiatives and the company's continued financial trajectory.
At the time of this announcement, FBIZ was trading at $52.49 on NASDAQ in the Finance sector, with a market capitalization of approximately $437.9M. The 52-week trading range was $42.18 to $60.54. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.