Q1 Earnings Estimate for FBIZ Issued By DA Davidson

First Business Financial Services, Inc. (NASDAQ:FBIZ) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of First Business Financial Services in a report issued on Monday, February 3rd. DA Davidson analyst J. Rulis forecasts that the financial services provider will post earnings per share of $1.40 for the quarter. The consensus estimate for First Business Financial Services’ current full-year earnings is $5.24 per share.

First Business Financial Services (NASDAQ:FBIZ) last issued its earnings results on Thursday, January 30th. The financial services provider reported $1.43 EPS for the quarter, beating the consensus estimate of $1.27 by $0.16. First Business Financial Services had a return on equity of 14.33% and a net margin of 16.86%.

FBIZ has been the topic of a number of other reports. StockNews.com upgraded First Business Financial Services from a “hold” rating to a “buy” rating in a research note on Monday. Piper Sandler raised their price target on First Business Financial Services from $58.00 to $63.00 and gave the stock an “overweight” rating in a research note on Tuesday. Keefe, Bruyette & Woods lifted their target price on First Business Financial Services from $58.00 to $60.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Raymond James lifted their target price on First Business Financial Services from $52.00 to $62.00 and gave the company an “outperform” rating in a research report on Monday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $58.75.

First Business Financial Services Stock Performance

FBIZ stock opened at $54.10 on Wednesday. The company has a market cap of $449.03 million, a P/E ratio of 10.36 and a beta of 0.88. First Business Financial Services has a 1 year low of $32.56 and a 1 year high of $54.41. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.09 and a quick ratio of 1.08. The stock’s fifty day moving average price is $47.51 and its 200-day moving average price is $45.56.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. First Business Financial Services Inc. boosted its position in shares of First Business Financial Services by 3.4% during the third quarter. First Business Financial Services Inc. now owns 365,912 shares of the financial services provider’s stock valued at $16,682,000 after buying an additional 12,194 shares during the period. Geode Capital Management LLC raised its stake in First Business Financial Services by 1.3% in the third quarter. Geode Capital Management LLC now owns 173,404 shares of the financial services provider’s stock worth $7,907,000 after buying an additional 2,200 shares in the last quarter. State Street Corp raised its stake in First Business Financial Services by 1.9% in the third quarter. State Street Corp now owns 136,690 shares of the financial services provider’s stock worth $6,232,000 after buying an additional 2,607 shares in the last quarter. De Lisle Partners LLP raised its stake in First Business Financial Services by 43.3% in the third quarter. De Lisle Partners LLP now owns 66,774 shares of the financial services provider’s stock worth $3,040,000 after buying an additional 20,183 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in First Business Financial Services by 5.0% in the fourth quarter. Empowered Funds LLC now owns 45,021 shares of the financial services provider’s stock worth $2,084,000 after buying an additional 2,156 shares in the last quarter. Hedge funds and other institutional investors own 60.07% of the company’s stock.

Insider Buying and Selling at First Business Financial Services

In other news, Director William Kent Lorenz sold 1,000 shares of First Business Financial Services stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $49.00, for a total value of $49,000.00. Following the sale, the director now directly owns 8,341 shares of the company’s stock, valued at approximately $408,709. The trade was a 10.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Corey A. Chambas sold 40,000 shares of First Business Financial Services stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $48.81, for a total value of $1,952,400.00. Following the completion of the transaction, the chief executive officer now owns 112,750 shares of the company’s stock, valued at approximately $5,503,327.50. This represents a 26.19 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.20% of the company’s stock.

First Business Financial Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.29 per share. The ex-dividend date is Friday, February 14th. This is a boost from First Business Financial Services’s previous quarterly dividend of $0.25. This represents a $1.16 dividend on an annualized basis and a yield of 2.14%. First Business Financial Services’s dividend payout ratio (DPR) is currently 19.16%.

About First Business Financial Services

First Business Financial Services, Inc operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri.