Banking & Finance
Community Bank & Trust to merge with Wisconsin Bank & Trust
Dubuque, Iowa-based Heartland Financial USA Inc. has agreed to acquire Community Banc-Corp of Sheboygan Inc., the parent company of Sheboygan-based Community Bank & Trust, for about $52 million or 155 percent of the tangible equity of Community Banc-Corp at closing.
Waterstone Financial reports higher earnings
Wauwatosa-based Waterstone Financial Inc. reported third quarter net income of $4.8 million, or 14 cents per share, up from $3.2 million, or 9 cents per share, in the third quarter of 2013.
First Business Financial reports flat Q3
Madison-based First Business Financial Services Inc., parent company of First Business Bank-Milwaukee, reported third quarter net income of $3.6 million, or 89 cents per share, flat from $3.6 million, or 91 cents per share, in the third quarter of 2013.
New hires and promotions
Richard Behrendt, J.D., has been named director of estate planning services at Elm Grove-based Annex Wealth Management. Behrendt previously...
First Bank Financial Centre launches Holi-Days of Giving program
Oconomowoc-based First Bank Financial Centre has launched a Holi-Days of Giving program to give to charity during December.
First Business Bank opens Kenosha office
First Business Bank—Milwaukee has opened a new office in Kenosha, at 6633 Green Bay Road, Suite 2.
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Artisan Partners reports ‘muted’ third quarter
Milwaukee-based Artisan Partners Asset Management reported third quarter net income of $63.1 million, or 57 cents per share, up from $56.1 million, or 35 cents per share, in the third quarter of 2013.
First Business Financial reports flat Q3
Madison-based First Business Financial Services Inc., parent company of First Business Bank-Milwaukee, reported third quarter net income of $3.6 million, or 89 cents per share, flat from $3.6 million, or 91 cents per share, in the third quarter of 2013.
Waterstone Financial reports higher earnings
Wauwatosa-based Waterstone Financial Inc. reported third quarter net income of $4.8 million, or 14 cents per share, up from $3.2 million, or 9 cents per share, in the third quarter of 2013.
Koss to switch to NASDAQ Capital Market to avoid delisting
Ailing Milwaukee headphone manufacturer Koss Corp. plans to move from the NASDAQ Global Market to the NASDAQ Capital Market to avoid being delisted.