First Business Financial Services (FBIZ) Stock Price, News & Analysis

Company Overview

First Business Financial Services, Inc. (NASDAQ:FBIZ) is a bank holding company headquartered in Madison, Wisconsin, offering a suite of commercial banking and financial services. Through its wholly owned subsidiary, First Business Bank, the company provides relationship-driven lending, deposit and treasury management solutions to small and mid-sized businesses, nonprofit organizations and high-net-worth individuals. Its core products include commercial real estate financing, equipment leasing, SBA-guaranteed lending, and cash management services.

In addition to lending and depository services, First Business Bank delivers investment advisory and wealth management through dedicated trust and private banking teams. Clients can access customized retirement planning, estate strategies, and investment portfolios, supported by in-house fiduciary officers and certified financial planners. The bank’s treasury management platform features online banking, electronic funds transfer, merchant services, and fraud prevention tools designed to streamline day-to-day operations.

Founded in 1964 in Madison, First Business Bank has expanded its branch network across Wisconsin and into Florida, with locations in major markets such as Milwaukee, Green Bay, West Palm Beach and Boca Raton. The company has grown organically and through targeted acquisitions, emphasizing community engagement and personalized service. Its regional focus allows First Business to develop deep local market expertise while leveraging the scale of a publicly traded institution.

The executive leadership team is headed by President and Chief Executive Officer Christopher Parent, whose background in corporate banking and strategic growth initiatives has guided the company’s expansion. Supported by senior executives in finance, risk management and commercial lending, First Business Financial Services maintains a board of directors composed of experienced professionals from banking, real estate and community leadership roles. This governance structure underpins the company’s commitment to sound risk practices and client-focused innovation.

Key Stats

• Today's Range: $46.07 to $49.75
• 50-Day Range: $46.69 to $52.69
• 52-Week Range: $42.18 to $56.46
• Volume: 45,512 shs
• Average Volume: 40,248 shs
• Market Capitalization: $408.01 million
• P/E Ratio: 8.73
• Dividend Yield: 2.37%
• Price Target: $59.67
• Consensus Rating: Buy

First Business Financial Services Stock Analysis - MarketRank™

First Business Financial Services scored higher than 100% of companies evaluated by MarketBeat, and ranked 12th out of 945 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

First Business Financial Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

First Business Financial Services has a consensus price target of $59.67, representing about 21.7% upside from its current price of $49.04.

Amount of Analyst Coverage

First Business Financial Services has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.15%

Earnings Growth

Earnings for First Business Financial Services are expected to grow by 12.15% in the coming year, from $5.43 to $6.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Business Financial Services is 8.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 231.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Business Financial Services is 8.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.95.

Price to Book Value per Share Ratio

First Business Financial Services has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.97% of the float of First Business Financial Services has been sold short.

Short Interest Ratio / Days to Cover

First Business Financial Services has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Business Financial Services has recently decreased by 8.26%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

First Business Financial Services pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Business Financial Services has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of First Business Financial Services is 20.64%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Business Financial Services will have a dividend payout ratio of 19.05% next year. This indicates that First Business Financial Services will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -0.13

Percentage of Shares Shorted

0.97% of the float of First Business Financial Services has been sold short.

Short Interest Ratio / Days to Cover

First Business Financial Services has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Business Financial Services has recently decreased by 8.26%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.63

News Sentiment

First Business Financial Services has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for First Business Financial Services this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for FBIZ on MarketBeat in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, First Business Financial Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $525,870.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 5.10% of the stock of First Business Financial Services is held by insiders.

Percentage Held by Institutions

60.07% of the stock of First Business Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FBIZ Stock Analysis - Frequently Asked Questions

How have FBIZ shares performed this year?

First Business Financial Services' stock was trading at $46.29 on January 1st, 2025. Since then, FBIZ stock has increased by 5.9% and is now trading at $49.04.

How were First Business Financial Services' earnings last quarter?

First Business Financial Services, Inc. (NASDAQ:FBIZ) announced its quarterly earnings results on Thursday, July, 24th. The financial services provider reported $1.35 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.35. The financial services provider had revenue of $41.04 million for the quarter, compared to the consensus estimate of $41.55 million. First Business Financial Services had a trailing twelve-month return on equity of 14.22% and a net margin of 17.59%.
Read the conference call transcript.

When did First Business Financial Services' stock split?

First Business Financial Services shares split on Monday, August 31st 2015.The 2-1 split was announced on Friday, August 7th 2015. The newly minted shares were issued to shareholders after the closing bell on Friday, August 28th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

How do I buy shares of First Business Financial Services?

Shares of FBIZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Business Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Business Financial Services investors own include JPMorgan Chase & Co. (JPM), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA), Netflix (NFLX) and Visa (V).

Company Calendar

• Last Earnings: 7/24/2025
• Record date for 8/25 Dividend: 8/11/2025
• Ex-Dividend for 8/25 Dividend: 8/11/2025
• Dividend Payable: 8/25/2025
• Today: 10/14/2025
• Next Earnings (Estimated): 10/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - MIDWEST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FBIZ
• CIK: 1521951
• Web: www.firstbusiness.com
• Phone: (608) 238-8008
• Fax: 608-232-5920
• Employees: 340
• Year Founded: N/A

Price Target and Rating

• Average Price Target for First Business Financial Services: $59.67
• High Price Target: $62.00
• Low Price Target: $58.00
• Potential Upside/Downside: +21.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.62
• Trailing P/E Ratio: 8.73
• Forward P/E Ratio: 9.03
• P/E Growth: N/A
• Net Income: $44.24 million
• Net Margins: 17.59%
• Pretax Margin: 20.36%
• Return on Equity: 14.22%
• Return on Assets: 1.17%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 1.04
• Quick Ratio: 1.03

Sales & Book Value

• Annual Sales: $262.38 million
• Price / Sales: 1.56
• Cash Flow: $6.27 per share
• Price / Cash Flow: 7.82
• Book Value: $38.17 per share
• Price / Book: 1.28

Miscellaneous

• Outstanding Shares: 8,320,000
• Free Float: 7,899,000
• Market Cap: $408.01 million
• Optionable: Optionable
• Beta: 0.68