MADISON, Wis., May 4, 2015 (GLOBE NEWSWIRE) -- First Business Financial Services, Inc. (Nasdaq:FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.22 per share. The 2015 annualized dividend amount is $0.88 per share. This regular cash dividend is payable on May 29, 2015 to shareholders of record at the close of business on May 15, 2015.
Corey Chambas, President & CEO, stated, "We are pleased to maintain the dividend rate of $0.22 per share for the second quarter in a row, a five percent increase from the regular dividends declared last year. We believe our earnings and capital position give us the ability to support both this increased dividend level and our strategic growth objectives."
About First Business Financial Services, Inc.
First Business Financial Services, Inc. (Nasdaq:FBIZ) is a Wisconsin-based bank holding company, focused on the unique needs of businesses, business executives, and high net worth individuals. First Business offers commercial banking, specialty finance, and private wealth management solutions, and because of its niche focus, is able to provide its clients with unmatched expertise, accessibility, and responsiveness. For additional information, visit www.firstbusiness.com or call 608-238-8008.
This press release includes "forward-looking" statements related to First Business Financial Services, Inc. (the "Company") that can generally be identified as describing the Company's future plans, objectives or goals. Such forward-looking statements are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those currently anticipated. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For further information about the factors that could affect the Company's future results, please see the Company's 2014 annual report on Form 10-K, quarterly reports on Form 10-Q and other filings with the Securities and Exchange Commission.
The First Business Financial Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=25434
CONTACT: James F. Ropella Senior Vice President and CFO First Business Financial Services, Inc. 608-232-5970 email@example.com
Source:First Business Financial Services, Inc.