First Business Financial Services, Inc. is a registered bank holding company incorporated under the laws of the State of Wisconsin and is engaged in the commercial banking business through its wholly owned banking subsidiary First Business Bank. The company also operates through First Business Specialty Finance LLC a wholly owned subsidiary of First Business Bank.
First Business Financial Services Inc. generates revenue primarily from interest income on loans and securities…
First Business Financial Services, Inc. is a registered bank holding company incorporated under the laws of the State of Wisconsin and is engaged in the commercial banking business through its wholly owned banking subsidiary First Business Bank. The company also operates through First Business Specialty Finance LLC a wholly owned subsidiary of First Business Bank.
First Business Financial Services Inc. generates revenue primarily from interest income on loans and securities and from non-interest income such as wealth management fees service charges on deposits loan fees swap fees and bank owned life insurance income. Its commercial lending activities include commercial lending asset based lending accounts receivable financing equipment financing floorplan financing vendor financing SBA lending and servicing treasury management services and company retirement plans while its private wealth management services encompass trust and estate administration financial planning investment management and private banking and its bank consulting offers investment portfolio administrative and asset liability management.
The company operates through the following segment: Commercial Banking.
• Commercial Banking: The segment provides commercial lending, asset based lending, accounts receivable financing, equipment financing, floorplan financing, vendor financing, SBA lending and servicing, treasury management services, company retirement plans, private wealth management services including trust and estate administration, financial planning, investment management, private banking, and bank consulting services such as investment portfolio administrative and asset liability management.
First Business Financial Services Inc. positions itself as a business bank that serves small and medium sized businesses business owners executives professionals and high net worth individuals offering a full suite of commercial banking products without relying on a traditional branch network. The company differentiates itself through deep client relationships specialized expertise and a centralized efficient structure that enables tailored solutions and long term partnerships. It competes with other regional banks community banks and larger financial institutions.
The company serves small and medium sized businesses business owners executives professionals and high net worth individuals.
Sector:Financial ServicesSector rationaleThe company is a bank holding company that generates revenue from interest income on loans and securities, as well as wealth management and deposit fees. Its core activities—commercial lending, asset-based lending, and private banking—fall squarely within the Financial Services sector.Industries:+1 moreRegional BanksFinancial ServicesPrimaryThe company is a registered bank holding company operating through First Business Bank, which provides commercial lending, treasury management, and deposit services. It explicitly competes with other regional and community banks and serves small to medium-sized businesses.Asset ManagementFinancial ServicesSecondaryThe company provides private wealth management services, including investment management and trust and estate administration, for high net worth individuals.Specialty FinanceFinancial ServicesSecondaryThrough First Business Specialty Finance LLC, the company engages in specialized non-bank financing activities such as asset-based lending, accounts receivable financing, and equipment financing.Classified using BQ-MICSCIK: 0001521951