Q2 Earnings Estimate for FBIZ Issued By DA Davidson

First Business Financial Services, Inc. (NASDAQ:FBIZ - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 earnings estimates for First Business Financial Services in a report issued on Monday, April 28th. DA Davidson analyst J. Rulis anticipates that the financial services provider will post earnings per share of $1.49 for the quarter. The consensus estimate for First Business Financial Services' current full-year earnings is $5.43 per share.

First Business Financial Services (NASDAQ:FBIZ - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.03. The business had revenue of $40.84 million during the quarter, compared to the consensus estimate of $40.13 million. First Business Financial Services had a return on equity of 14.33% and a net margin of 16.86%.

A number of other equities analysts also recently issued reports on the stock. Keefe, Bruyette & Woods cut their price objective on shares of First Business Financial Services from $60.00 to $59.00 and set an "outperform" rating on the stock in a report on Monday. StockNews.com cut shares of First Business Financial Services from a "buy" rating to a "hold" rating in a report on Tuesday. Piper Sandler increased their price objective on shares of First Business Financial Services from $57.00 to $58.00 and gave the company an "overweight" rating in a research note on Monday. Finally, Raymond James lifted their target price on shares of First Business Financial Services from $52.00 to $62.00 and gave the stock an "outperform" rating in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $57.25.

First Business Financial Services Stock Up 3.8 %

Shares of NASDAQ:FBIZ traded up $1.82 during mid-day trading on Wednesday, hitting $49.68. 15,394 shares of the company traded hands, compared to its average volume of 23,543. The stock has a 50-day moving average price of $47.84 and a two-hundred day moving average price of $48.21. First Business Financial Services has a 12-month low of $33.10 and a 12-month high of $56.46. The stock has a market cap of $413.29 million, a P/E ratio of 9.52 and a beta of 0.66. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FBIZ. Invesco Ltd. purchased a new position in shares of First Business Financial Services in the fourth quarter worth about $3,917,000. Hillsdale Investment Management Inc. boosted its holdings in First Business Financial Services by 1,646.6% in the 4th quarter. Hillsdale Investment Management Inc. now owns 52,642 shares of the financial services provider's stock worth $2,437,000 after buying an additional 49,628 shares during the period. American Century Companies Inc. grew its stake in First Business Financial Services by 43.5% in the 4th quarter. American Century Companies Inc. now owns 111,980 shares of the financial services provider's stock valued at $5,184,000 after buying an additional 33,957 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in First Business Financial Services by 104.4% during the 4th quarter. JPMorgan Chase & Co. now owns 50,018 shares of the financial services provider's stock valued at $2,315,000 after acquiring an additional 25,550 shares during the period. Finally, Fourthstone LLC grew its position in shares of First Business Financial Services by 254.8% in the fourth quarter. Fourthstone LLC now owns 30,239 shares of the financial services provider's stock valued at $1,400,000 after purchasing an additional 21,715 shares in the last quarter. Hedge funds and other institutional investors own 60.07% of the company's stock.

Insider Transactions at First Business Financial Services

In other First Business Financial Services news, insider Daniel Ovokaitys sold 4,828 shares of the stock in a transaction on Friday, February 7th. The stock was sold at an average price of $54.55, for a total transaction of $263,367.40. Following the completion of the transaction, the insider now directly owns 7,718 shares of the company's stock, valued at approximately $421,016.90. This represents a 38.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.10% of the stock is currently owned by company insiders.

First Business Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Friday, May 9th. First Business Financial Services's dividend payout ratio is currently 21.09%.

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.