First Business Financial Services, Inc. (FBIZ): Jerome J Smith , director of First Business Financial Services, Inc. sold 6,500 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $24.82 per share for a total value of $161,307.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Joan A Burke (President of Bank Trust Div.*) sold 6,924 shares at $24.55 per share price.On May 5, 2016, Dean W Voeks (director) purchased 23 shares at $25.00 per share price.Also, On May 5, 2016, Jerome J Smith (director) sold 2,500 shares at $25.04 per share price.On May 5, 2016, Mark D Bugher (director) purchased 119 shares at $25.00 per share price.
First Business Financial Services Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in First Business Financial Services Inc which led to swings in the share price. The shares opened for trading at $24.2965 and hit $24.75 on the upside , eventually ending the session at $24.73, with a gain of 0.04% or 0.01 points. The heightened volatility saw the trading volume jump to 10,632 shares. The 52-week high of the share price is $27.35 and the company has a market cap of $215 M . The 52-week low of the share price is at $20.0601.
First Business Financial Services Inc. (FBFS) is a bank holding company. The Company engages in the commercial banking business through three wholly owned bank subsidiaries First Business Bank (FBB) First Business Bank-Milwaukee and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and together with FBB the Banks). The Banks offers a line of commercial banking products including commercial loans and commercial real estate loans and services to meet the needs of small- and medium-sized businesses business owners executives professionals and high net worth individuals. Its business lines include commercial lending asset-based financing equipment financing small business administration (SBA) lending treasury management services and trust and investment services. FBB’s subsidiaries also include Rimrock Road Investment Fund LLC (Rimrock) and First Madison Investment Corp. (FMIC). The Company’s subsidiary FBFS Statutory Trust II (Trust II) is a Delaware-based business trust.