First Business Financial Services (First Business Financial Services) Interest Expense : $-82.3 Mil (TTM As of Dec. 2023)

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What is First Business Financial Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Business Financial Services's interest expense for the three months ended in Dec. 2023 was $ -25.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-82.3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Business Financial Services's Operating Income for the three months ended in Dec. 2023 was $ Mil. First Business Financial Services's Interest Expense for the three months ended in Dec. 2023 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Business Financial Services Interest Expense Historical Data

The historical data trend for First Business Financial Services's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Business Financial Services Interest Expense Chart

First Business Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-32.18

-17.11

-11.33

-22.95

-82.34

First Business Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-10.87	-15.36	-19.41	-22.35	-25.22

First Business Financial Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-82.3 Mil.

First Business Financial Services (First Business Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Business Financial Services Inc (NAS:FBIZ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Charmany Drive, Madison, WI, USA, 53719

Website

http://www.firstbusiness.bank

First Business Financial Services Inc operates as a bank holding company. The Bank operates as a business bank, focusing on delivering a full line of commercial banking products including commercial loans and commercial real estate loans, to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high-net-worth individuals. The company's products and services include commercial lending, SBA lending and servicing, asset-based lending, equipment financing, factoring, trust, and investment services, treasury management services, and a broad range of deposit products. Geographically all the business activity functioned through the region of the United States.

Executives

Carol P Sanders	director	PO BOX 2568, MADISON WI 53701-2568
Jodi A Chandler	officer: SVP Hum. Res. & Administration	401 CHARMANY DRIVE, MADISON WI 53719
Gerald L Kilcoyne	director	5736 TUSCANY LANE, WAUNAKEE WI 53597
Carla C Sanders	director	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Kevin D Crampton	officer: Chief Accounting Officer	401 CHARMANY DRIVE, MADISON WI 53719
John J Harris	director	4248 FRANKLIN AVE., WESTERN SPRINGS IL 60558
Laura M. Garcia	officer: Chief Risk Officer	401 CHARMANY DRIVE, MADISON WI 53719
Barbara Mccarty Conley	officer: SVP Corp. Sec. & Gen.Couns.	401 CHARMANY DRIVE, MADISON WI 53719
Daniel P. Olszewski	director	401 CHARMANY DRIVE, MADISON WI 53719
James Edward Hartlieb	officer: President-First Business Bank	401 CHARMANY DRIVE, MADISON WI 53719
Brian D. Spielmann	officer: Chief Accounting Officer	401 CHARMANY DRIVE, MADISON WI 53719
Sloane Edward G Jr	officer: Chief Financial Officer	401 CHARMANY DRIVE, MADISON WI 53719
Ralph R. Kauten	director	401 CHARMANY DRIVE, MADISON WI 53719
David R. Seiler	officer: Chief Operating Officer	401 CHARMANY DRIVE, MADISON WI 53719
Bradley A Quade	officer: Chief Credit Officer	401 CHARMANY DRIVE, MADISON WI 53719