First Business Financial Services Inc : First Business Qualifies for NASDAQ Global Select Criteria
January 06, 2014 at 02:01 pm
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First Business Qualifies for NASDAQ Global Select Criteria
MADISON, Wis., January 6, 2014 - Effective January 2, 2014,First Business Financial Services, Inc. (NASDAQ:FBIZ) will be listed on NASDAQ's Global Select Market. NASDAQ has three tiers of markets: NASDAQ Capital Market, NASDAQ Global Market and NASDAQ Global Select Market.According to NASDAQ, the NASDAQ Global Select Market has the highest initial listing standards in the world. Approximately 1,200 companies are listed on the Global Select, having met these stringent financial and liquidity requirements for initial listing and continue to meet stringent financial, liquidity and corporate governance requirements.
"First Business' inclusion in this exclusive market tier is the result of continued success following our first registered public offering in December 2012," stated Corey Chambas, President & CEO. "The market continues to recognize this strong performance as our stock price has increased nearly 65% since the offering, driving our market capitalization to approximately $150 million."
About First Business Financial Services, Inc.
First Business Financial Services (Nasdaq:FBIZ) is a $1.3 billion Wisconsin-based bank holding company that specializes in focused financial solutions for businesses, key executives, and high net worth individuals through its operating companies. It is the 2nd largest Wisconsin-based commercial bank holding company listed on NASDAQ or the NYSE. Its companies include: First Business Bank - Madison; First Business Bank - Milwaukee; First Business Bank - Northeast; First Business Trust & Investments; First Business Equipment Finance, LLC; and First Business Capital Corp. For additional information, visit www.firstbusiness.com or call (608) 238-8008.
The First Business Financial Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2667
Contact:
James F. Ropella
Senior Vice President and CFO
First Business Financial Services, Inc.
608-232-5970
Email
First Business Financial Services, Inc. is a bank holding company. The Company is engaged in the commercial banking business through its bank subsidiary, First Business Bank (the Bank). The Bank operates as a business bank, delivering a full line of commercial banking products and services tailored to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals. Its products and services are focused on business banking, private wealth, and bank consulting. It offers commercial real estate lending, commercial and industrial lending, asset-based lending, accounts receivable financing, equipment financing, floorplan financing, vendor financing, small business administration (SBA) lending and servicing, treasury management solutions, and company retirement services. Its private wealth management services include trust and estate administration, financial planning, investment management, and private banking.
FIRST BUSINESS FINANCIAL SERVICES, INC. 
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