Analysts Set Expectations for FBIZ Q1 Earnings

First Business Financial Services, Inc. (NASDAQ:FBIZ) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for First Business Financial Services in a report released on Monday, February 3rd. DA Davidson analyst J. Rulis expects 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.

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

First Business Financial Services Price Performance

FBIZ opened at $54.81 on Wednesday. The company has a fifty day moving average price of $47.57 and a two-hundred day moving average price of $45.66. The firm has a market capitalization of $454.92 million, a PE ratio of 10.50 and a beta of 0.88. First Business Financial Services has a 52 week low of $32.56 and a 52 week high of $54.95. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.08 and a current ratio of 1.09.

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC grew its stake in shares of First Business Financial Services by 24.8% during the 4th quarter. SG Americas Securities LLC now owns 3,412 shares of the financial services provider’s stock worth $158,000 after acquiring an additional 679 shares in the last quarter. R Squared Ltd acquired a new position in First Business Financial Services during the fourth quarter worth $49,000. Bank of New York Mellon Corp grew its position in First Business Financial Services by 5.3% in the fourth quarter. Bank of New York Mellon Corp now owns 33,109 shares of the financial services provider’s stock valued at $1,533,000 after purchasing an additional 1,653 shares in the last quarter. Empowered Funds LLC increased its stake in First Business Financial Services by 5.0% in the 4th quarter. Empowered Funds LLC now owns 45,021 shares of the financial services provider’s stock valued at $2,084,000 after buying an additional 2,156 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in First Business Financial Services by 1.3% during the 3rd 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. 60.07% of the stock is currently owned by institutional investors.

Insider Activity

In other First Business Financial Services 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 owns 8,341 shares of the company’s stock, valued at $408,709. This trade represents a 10.71 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 6.20% of the stock is currently owned by company insiders.

First Business Financial Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, February 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.12%. This is a positive change from First Business Financial Services’s previous quarterly dividend of $0.25. 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.