DA Davidson Has Strong Estimate for FBIZ FY2025 Earnings

First Business Financial Services, Inc. (NASDAQ:FBIZ - Free Report) - Analysts at DA Davidson increased their FY2025 earnings estimates for shares of First Business Financial Services in a research report issued on Friday, June 27th. DA Davidson analyst J. Rulis now expects that the financial services provider will earn $5.72 per share for the year, up from their previous estimate of $5.70. The consensus estimate for First Business Financial Services' current full-year earnings is $5.43 per share. DA Davidson also issued estimates for First Business Financial Services' FY2026 earnings at $5.93 EPS.

First Business Financial Services (NASDAQ:FBIZ - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The financial services provider reported $1.32 EPS for the quarter, beating analysts' consensus estimates of $1.29 by $0.03. The firm had revenue of $40.84 million for the quarter, compared to analysts' expectations of $40.13 million. First Business Financial Services had a net margin of 17.44% and a return on equity of 14.36%.

Other equities analysts have also issued research reports about the company. Wall Street Zen raised First Business Financial Services from a "hold" rating to a "buy" rating in a research report on Wednesday, May 7th. Keefe, Bruyette & Woods decreased their price objective on shares of First Business Financial Services from $60.00 to $59.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Finally, Piper Sandler lifted their target price on shares of First Business Financial Services from $57.00 to $58.00 and gave the stock an "overweight" rating in a research report on Monday, April 28th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $57.25.

First Business Financial Services Stock Performance

Shares of NASDAQ:FBIZ traded up $1.62 during midday trading on Monday, reaching $52.28. 59,719 shares of the company's stock traded hands, compared to its average volume of 28,716. The company has a market cap of $434.97 million, a price-to-earnings ratio of 9.70 and a beta of 0.66. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.05 and a current ratio of 1.05. First Business Financial Services has a one year low of $35.25 and a one year high of $56.46. The stock has a 50 day moving average of $48.51 and a 200 day moving average of $48.37.

First Business Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend was Friday, May 9th. First Business Financial Services's dividend payout ratio (DPR) is presently 21.09%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FBIZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of First Business Financial Services by 4.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,477 shares of the financial services provider's stock worth $207,000 after purchasing an additional 206 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of First Business Financial Services by 2.1% in the fourth quarter. Hsbc Holdings PLC now owns 14,043 shares of the financial services provider's stock worth $655,000 after buying an additional 293 shares during the period. CWM LLC raised its stake in shares of First Business Financial Services by 48.7% in the first quarter. CWM LLC now owns 913 shares of the financial services provider's stock worth $43,000 after buying an additional 299 shares during the period. Federated Hermes Inc. lifted its position in shares of First Business Financial Services by 0.6% during the 1st quarter. Federated Hermes Inc. now owns 70,279 shares of the financial services provider's stock valued at $3,314,000 after buying an additional 401 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of First Business Financial Services by 3.3% during the 1st quarter. Royal Bank of Canada now owns 13,677 shares of the financial services provider's stock valued at $645,000 after acquiring an additional 431 shares during the period. Hedge funds and other institutional investors own 60.07% of the company's stock.

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.