First Business Financial Services (FBIZ) to Release Quarterly Earnings on Thursday

First Business Financial Services (NASDAQ:FBIZ) is expected to be issuing its quarterly earnings data after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $1.27 per share and revenue of $39.30 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

First Business Financial Services Stock Down 0.2 %

FBIZ opened at $48.57 on Wednesday. The firm has a market cap of $403.13 million, a P/E ratio of 10.42 and a beta of 0.87. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.09. The business has a 50 day moving average price of $47.52 and a 200 day moving average price of $45.21. First Business Financial Services has a twelve month low of $32.56 and a twelve month high of $52.22.

Analyst Ratings Changes

FBIZ has been the topic of a number of research analyst reports. StockNews.com lowered shares of First Business Financial Services from a “buy” rating to a “hold” rating in a research note on Friday, January 24th. Piper Sandler lowered their price target on First Business Financial Services from $56.00 to $53.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Finally, Keefe, Bruyette & Woods boosted their price objective on First Business Financial Services from $53.00 to $58.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $51.75.

Insider Transactions at First Business Financial Services

In other First Business Financial Services news, CEO Corey A. Chambas sold 40,000 shares of First Business Financial Services stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $48.81, for a total transaction of $1,952,400.00. Following the sale, the chief executive officer now owns 112,750 shares in the company, valued at $5,503,327.50. The trade was a 26.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director William Kent Lorenz sold 1,000 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $49.00, for a total transaction of $49,000.00. Following the completion of the transaction, the director now owns 8,341 shares of the company’s stock, valued at approximately $408,709. This represents a 10.71 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,344 shares of company stock worth $2,275,144. 6.30% of the stock is currently owned by company insiders.

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.