NASDAQ — Financial Services: Finance Insurance And Real Estate, Banks - Regional: State Commercial Banks
www.firstbusiness.comFirst Business Financial Services, Inc. will pay a dividend of $17.50 per share on its 7% Series A Preferred Stock on June 16, 2025, to shareholders recorded by May 30, 2025. This dividend payment follows the recent declaration of a $0.29 per share cash dividend on common stock, scheduled for payment on May 23, 2025, to shareholders recorded by May 9, 2025. The consistent dividend on preferred shares is a strategic signal of the company's ongoing commitment to returning value to shareholders.
Dividend PaymentCorey Chambas will retire as Chief Executive Officer of First Business Financial Services, Inc. on May 2, 2026, after serving in this role since January 2006. Chambas has held various leadership positions within the company since joining First Business Bank in 1993, including serving as President from February 2005 to January 2023. This transition may prompt strategic reevaluation at the firm, given Chambas's long tenure and influence on its operations.
Executive Transition