First Business Financial Services FBIZ Payments To Acquire Low Income Housing Entities
Payments To Acquire Low Income Housing Entities at other companies
Other financials
Where this comes from
Reported directly by First Business Financial Services in its filing.
Tagged under the XBRL concept fbiz:PaymentsToAcquireLowIncomeHousingEntities.
The official record: First Business Financial Services’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Business Financial Services's payments to acquire low income housing entities?
- First Business Financial Services (FBIZ) reported payments to acquire low income housing entities of $6.66M in Q1 2026.
- How has First Business Financial Services's payments to acquire low income housing entities changed year-over-year?
- First Business Financial Services's payments to acquire low income housing entities decreased by 32.0% year-over-year, from $9.78M to $6.66M.
- What is the long-term trend for First Business Financial Services's payments to acquire low income housing entities?
- Over 3 years (2022 to 2025), First Business Financial Services's payments to acquire low income housing entities has grown at a 8.4% compound annual growth rate (CAGR), from $11.45M to $14.58M.
- What does payments to acquire low income housing entities mean?
- Represents cash outflows for investments in affordable housing projects, typically made to obtain tax credits or meet community reinvestment requirements. These investments are strategic capital allocations that generate long-term tax benefits rather than immediate interest income. Monitoring this helps assess the bank's commitment to community development and its strategy for managing effective tax rates.