First Business Bank Announces 16% Increase in Quarterly Common Stock Dividend

MADISON, Wis., February 03, 2025--First Business Financial Services, Inc. (the "Company" or "First Business Bank") (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.29 per share which is equivalent to a dividend yield of 22% based on Friday’s market close price of $51.66. The quarterly dividend represents a 16% increase over the quarterly dividend declared in October 2024 and marks the 13th consecutive annual dividend raise. Based on