Punch Associates Investment Management buys $9,934,813 stake in First Business Financial Services Inc (FBIZ)

First Business Financial Services Inc (FBIZ) : Punch Associates Investment Management scooped up 29,873 additional shares in First Business Financial Services Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 414,988 shares of First Business Financial Services Inc which is valued at $9,934,813.First Business Financial Services Inc makes up approximately 1.11% of Punch Associates Investment Management’s portfolio.

Other Hedge Funds, Including , Arcadia Investment Management Corpmi added FBIZ to its portfolio by purchasing 1,140 company shares during the most recent quarter which is valued at $27,292. First Business Financial Services Inc makes up approx 0.01% of Arcadia Investment Management Corpmi’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in FBIZ in the latest quarter, The investment management firm added 223 additional shares and now holds a total of 308 shares of First Business Financial Services Inc which is valued at $7,007.

First Business Financial Services Inc opened for trading at $23.22 and hit $23.97 on the upside on Monday, eventually ending the session at $23.94, with a gain of 2.40% or 0.56 points. The heightened volatility saw the trading volume jump to 9,314 shares. Company has a market cap of $208 M.

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.

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