NASDAQ:FBIZ

First Business Financial Services Stock Forecast, Price & News

$19.71

-0.35 (-1.74 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$19.54

Now: $19.71▼

$20.00

50-Day Range

$18.23

MA: $19.22▼

$20.48

52-Week Range

$12.86

Now: $19.71▼

$27.35

Volume13,791 shs

Average Volume15,834 shs

Market Capitalization$167.93 million

P/E Ratio10.21

Dividend Yield3.28%

Beta1.07

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. The company offers deposit products, such as non-interest-bearing transaction accounts, interest-bearing transaction accounts, money market accounts, time deposits, and certificates of deposit. It also provides loan products, including commercial real estate loans, commercial and industrial loans, small business administration loans, and direct financing leases, as well as consumer and other loans comprising home equity, first and second mortgage, credit card, and other personal loans for professional and executive clients. The company offers commercial lending, asset-based financing, equipment financing, accounts receivable financing, vendor financing, treasury management services, and company retirement plans. It also provides lines of credit and term loans to businesses collateralized by commercial real estate, accounts receivable, inventory, equipment, and securities. The company holds an equity investment in a Madison, Wisconsin community development project; and invests in marketable securities and tax-exempt loans. First Business Financial Services, Inc. was incorporated in 1986 and is headquartered in Madison, Wisconsin.

MarketRank^™

Overall MarketRank^™

2.30 out of 5 stars

Finance Sector

76th out of 1,705 stocks

State Commercial Banks Industry

13th out of 274 stocks

1.5 Analyst's Opinion

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 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.00, First Business Financial Services has a forecasted upside of 6.5% from its current price of $19.71.
Amount of Analyst Coverage
First Business Financial Services has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
First Business Financial Services has received 226 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Business Financial Services has received 305 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Business Financial Services has received 57.44% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Business Financial Services and other stocks. Vote “Outperform” if you believe FBIZ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FBIZ will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
First Business Financial Services pays a meaningful dividend of 3.28%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Business Financial Services does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of First Business Financial Services is 24.63%. 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 30.14% next year. This indicates that First Business Financial Services will be able to sustain or increase its dividend.

1.7 Company Ownership

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 $6,016.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.30% of the stock of First Business Financial Services is held by insiders.
Percentage Held by Institutions
63.09% 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.

3.8 Earnings and Valuation

Earnings Growth
Earnings for First Business Financial Services are expected to grow by 19.67% in the coming year, from $1.83 to $2.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Business Financial Services is 10.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Business Financial Services is 10.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.47.
Price to Book Value per Share Ratio
First Business Financial Services has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FBIZ

Previous Symbol

CUSIPN/A

CIK1521951

Webwww.firstbusiness.com

Phone608-238-8008

Employees300

Debt

Debt-to-Equity Ratio2.46

Current Ratio1.21

Quick Ratio1.21

Price-To-Earnings

Trailing P/E Ratio10.21

Forward P/E Ratio10.77

P/E GrowthN/A

Sales & Book Value

Annual Sales$109.23 million

Price / Sales1.54

Cash Flow$3.04 per share

Price / Cash Flow6.48

Book Value$22.60 per share

Price / Book0.87

Profitability

EPS (Most Recent Fiscal Year)$2.68

Net Income$23.32 million

Net Margins13.73%

Return on Equity8.46%

Return on Assets0.71%

Miscellaneous

Outstanding Shares8,520,000

Market Cap$167.93 million

Next Earnings Date1/28/2021 (Estimated)

OptionableOptionable

$19.71

-0.35 (-1.74 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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First Business Financial Services (NASDAQ:FBIZ) Frequently Asked Questions

How has First Business Financial Services' stock been impacted by Coronavirus (COVID-19)?

First Business Financial Services' stock was trading at $19.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FBIZ stock has increased by 2.4% and is now trading at $19.71.
View which stocks have been most impacted by COVID-19.

Is First Business Financial Services a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Business Financial Services in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" First Business Financial Services stock.
View analyst ratings for First Business Financial Services or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than First Business Financial Services?

Wall Street analysts have given First Business Financial Services a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Business Financial Services wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is First Business Financial Services' next earnings date?

First Business Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for First Business Financial Services.

How were First Business Financial Services' earnings last quarter?

First Business Financial Services, Inc. (NASDAQ:FBIZ) issued its quarterly earnings data on Thursday, October, 22nd. The financial services provider reported $0.50 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.02. The financial services provider earned $26.03 million during the quarter, compared to analyst estimates of $25.43 million. First Business Financial Services had a net margin of 13.73% and a return on equity of 8.46%.
View First Business Financial Services' earnings history.

How often does First Business Financial Services pay dividends? What is the dividend yield for First Business Financial Services?

First Business Financial Services declared a quarterly dividend on Friday, October 23rd. Investors of record on Monday, November 2nd will be given a dividend of $0.165 per share on Thursday, November 12th. This represents a $0.66 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend is Friday, October 30th.
View First Business Financial Services' dividend history.

Is First Business Financial Services a good dividend stock?

First Business Financial Services pays an annual dividend of $0.66 per share and currently has a dividend yield of 3.28%. The dividend payout ratio of First Business Financial Services is 24.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Business Financial Services will have a dividend payout ratio of 30.14% next year. This indicates that First Business Financial Services will be able to sustain or increase its dividend.
View First Business Financial Services' dividend history.

When did First Business Financial Services' stock split? How did First Business Financial Services' stock split work?

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

What price target have analysts set for FBIZ?

1 brokers have issued 1 year target prices for First Business Financial Services' shares. Their forecasts range from $21.00 to $21.00. On average, they anticipate First Business Financial Services' stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts' price targets for First Business Financial Services or view Wall Street analyst' top-rated stocks.

Are investors shorting First Business Financial Services?

First Business Financial Services saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 46,100 shares, a drop of 21.2% from the December 15th total of 58,500 shares. Based on an average daily trading volume, of 14,800 shares, the short-interest ratio is presently 3.1 days. Approximately 0.6% of the shares of the stock are sold short.
View First Business Financial Services' Short Interest.

Who are some of First Business Financial Services' key competitors?

Some companies that are related to First Business Financial Services include Bryn Mawr Bank (BMTC), HarborOne Bancorp (HONE), QCR (QCRH), Peoples Bancorp (PEBO), Byline Bancorp (BY), CrossFirst Bankshares (CFB), First National Bank Alaska (FBAK), TriState Capital (TSC), First Mid Bancshares (FMBH), Altabancorp (ALTA), Central Pacific Financial (CPF), Heritage Commerce (HTBK), First Financial (THFF), Bank of Marin Bancorp (BMRC) and Luther Burbank (LBC).
View all of FBIZ's competitors.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other First Business Financial Services investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), Verizon Communications (VZ), AT&T (T), AbbVie (ABBV), Dominion Energy (D), Enterprise Products Partners (EPD), ONEOK (OKE) and Comcast (CMCSA).

Who are First Business Financial Services' key executives?

First Business Financial Services' management team includes the following people:

Mr. Corey A. Chambas, Pres, CEO & Director (Age 58, Pay $801.85k)
Mr. Edward G. Sloane Jr., Chief Financial Officer (Age 60, Pay $434.83k)
Mr. David R. Seiler, COO & Director (Age 56, Pay $470.81k)
Mr. Michael J. Losenegger, Sr. VP of Credit Admin. (Age 63, Pay $389.06k)
Mr. Mark J. Meloy, CEO & Director of First Bus. Bank (Age 59, Pay $358.32k)
Mr. Brian D. Spielmann, Chief Accounting Officer & Principal Accounting Officer (Age 38)
Ms. Dawn Siewert, Assistant VP
Mr. Daniel S. Ovokaitys, Chief Information Officer (Age 47)
Ms. Barbara McCarty Conley, Gen. Counsel (Age 68)
Ms. Theresa M. Wiese, Managing Director of Compliance & Risk Management

What is First Business Financial Services' stock symbol?

First Business Financial Services trades on the NASDAQ under the ticker symbol "FBIZ."

Who are First Business Financial Services' major shareholders?

First Business Financial Services' stock is owned by many different institutional and retail investors. Top institutional shareholders include Uncommon Cents Investing LLC (0.23%). Company insiders that own First Business Financial Services stock include Barbara Mccarty Conley, Carla C Chavarria, Carol P Sanders, Daniel P Olszewski, David R Seiler, Edward G Sloane, Jr, Michael J Losenegger, Timothy J Keane and William Kent Lorenz.
View institutional ownership trends for First Business Financial Services.

Which major investors are buying First Business Financial Services stock?

FBIZ stock was purchased by a variety of institutional investors in the last quarter, including Uncommon Cents Investing LLC. Company insiders that have bought First Business Financial Services stock in the last two years include Carla C Chavarria, Carol P Sanders, Daniel P Olszewski, David R Seiler, Edward G Sloane, Jr, and Timothy J Keane.
View insider buying and selling activity for First Business Financial Services or or view top insider-buying stocks.

How do I buy shares of First Business Financial Services?

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

What is First Business Financial Services' stock price today?

One share of FBIZ stock can currently be purchased for approximately $19.71.

How big of a company is First Business Financial Services?

First Business Financial Services has a market capitalization of $167.93 million and generates $109.23 million in revenue each year. The financial services provider earns $23.32 million in net income (profit) each year or $2.68 on an earnings per share basis. First Business Financial Services employs 300 workers across the globe.

What is First Business Financial Services' official website?

The official website for First Business Financial Services is www.firstbusiness.com.

How can I contact First Business Financial Services?

First Business Financial Services' mailing address is 401 CHARMANY DRIVE, MADISON WI, 53719. The financial services provider can be reached via phone at 608-238-8008 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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