Equities Analysts Issue Forecasts for FBIZ FY2025 Earnings

First Business Financial Services, Inc. (NASDAQ:FBIZ) – Equities research analysts at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for First Business Financial Services in a note issued to investors on Monday, February 3rd. DA Davidson analyst J. Rulis now anticipates that the financial services provider will post earnings of $5.50 per share for the year, up from their previous forecast of $5.30. The consensus estimate for First Business Financial Services’ current full-year earnings is $5.24 per share. DA Davidson also issued estimates for First Business Financial Services’ FY2026 earnings at $5.95 EPS.

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

First Business Financial Services Price Performance

NASDAQ FBIZ opened at $54.81 on Tuesday. The stock has a market cap of $454.92 million, a price-to-earnings ratio of 10.50 and a beta of 0.88. First Business Financial Services has a 12 month low of $32.56 and a 12 month high of $54.95. The company’s 50 day moving average is $47.57 and its two-hundred day moving average is $45.66. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16.

First Business Financial Services (NASDAQ:FBIZ) last released its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.43 earnings per share (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%.

First Business Financial Services Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.29 per share. This is a boost from First Business Financial Services’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, February 14th. This represents a $1.16 dividend on an annualized basis and a yield of 2.12%. First Business Financial Services’s dividend payout ratio is presently 19.16%.

Insider Transactions at First Business Financial Services

In other news, Director William Kent Lorenz sold 1,000 shares of the 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 transaction, the director now directly owns 8,341 shares of the company’s stock, valued at approximately $408,709. This represents a 10.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 6.20% of the company’s stock.

Institutional Investors Weigh In On First Business Financial Services

Several hedge funds have recently added to or reduced their stakes in FBIZ. R Squared Ltd acquired a new position in shares of First Business Financial Services during the fourth quarter valued at approximately $49,000. SG Americas Securities LLC purchased a new stake in shares of First Business Financial Services during the third quarter worth approximately $125,000. Squarepoint Ops LLC acquired a new stake in First Business Financial Services in the second quarter valued at approximately $204,000. ERn Financial LLC purchased a new position in First Business Financial Services in the third quarter worth approximately $210,000. Finally, Creative Planning acquired a new position in First Business Financial Services during the 3rd quarter worth approximately $216,000. 60.07% of the stock is owned by hedge funds and other institutional investors.

First Business Financial Services Company Profile

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.