First Business Financial Services, Inc.: Reports Year End Earnings

MADISON, Wis., March 25 /PRNewswire/ — First Business Financial Services, Inc. reported earnings of $1.97 per diluted share for the year ended December 31, 2003 as compared to $0.50 per diluted share in 2002, an increase of 294 percent. Net Income for 2003 was $4.1 million compared to $1.1 million for 2002. Total assets for the company on December 31, 2003 were $518.8 million, an increase of 8.1 percent or $38.7 million.

Return on average assets (ROA) and return on average equity (ROE) for the year ended December 31, 2003 were 0.83 percent and 17.07 percent, respectively. This compares to an ROA of 0.24 percent and an ROE of 4.34 percent in 2002.

About First Business Financial Services, Inc.

First Business Financial Services, Inc., a $500 million company headquartered in Madison, Wisconsin, specializes in commercial banking, asset- based lending, commercial finance, leasing, retirement plans, investment management services, and trustee services.

First Business Financial Services together with its subsidiaries and affiliates serves businesses and business owners with all of their financial needs. These subsidiaries and affiliates include: First Business Bank, First Business Bank – Milwaukee, First Business Capital Corp., First Business Trust & Investment Services, and m2 Lease Funds, LLC.

For additional information, visit or call 608-238-8008.

To obtain a press interview, please contact:
Jodie Johnson
Marketing & Communications Coordinator
First Business Financial Services, Inc.
608-232-5905 fax