Q1 Earnings Estimate for FBIZ Issued By DA Davidson

First Business Financial Services, Inc. (NASDAQ:FBIZ) – Analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for First Business Financial Services in a research note issued on Monday, February 3rd. DA Davidson analyst J. Rulis forecasts that the financial services provider will earn $1.40 per share for the quarter. The consensus estimate for First Business Financial Services’ current full-year earnings is $5.24 per share.

First Business Financial Services (NASDAQ:FBIZ) last issued its quarterly earnings results on Thursday, January 30th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%.

FBIZ has been the topic of several other reports. Piper Sandler upped their target price on First Business Financial Services from $58.00 to $63.00 and gave the company an “overweight” rating in a research report on Tuesday. Keefe, Bruyette & Woods upped their target price on First Business Financial Services from $58.00 to $60.00 and gave the company an “outperform” rating in a research report on Monday. StockNews.com raised First Business Financial Services from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Raymond James upped their price target on shares of First Business Financial Services from $52.00 to $62.00 and gave the company an “outperform” rating in a report on Monday. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $58.75.

First Business Financial Services Price Performance

NASDAQ FBIZ opened at $54.10 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.09 and a quick ratio of 1.08. The stock’s fifty day moving average price is $47.51 and its 200 day moving average price is $45.56. First Business Financial Services has a 1 year low of $32.56 and a 1 year high of $54.41. The company has a market cap of $449.03 million, a price-to-earnings ratio of 10.36 and a beta of 0.88.

First Business Financial Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.14%. This is a positive change from First Business Financial Services’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, February 14th. First Business Financial Services’s dividend payout ratio is presently 19.16%.

Insider Buying and Selling 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 shares were sold at an average price of $49.00, for a total transaction of $49,000.00. Following the sale, the director now directly owns 8,341 shares of the company’s stock, valued at $408,709. This represents a 10.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Corey A. Chambas sold 40,000 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $48.81, for a total transaction of $1,952,400.00. Following the sale, the chief executive officer now directly owns 112,750 shares in the company, valued at approximately $5,503,327.50. The trade was a 26.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On First Business Financial Services

Hedge funds have recently modified their holdings of the company. R Squared Ltd purchased a new stake in shares of First Business Financial Services during the 4th quarter worth about $49,000. SG Americas Securities LLC acquired a new position in shares of First Business Financial Services during the 3rd quarter worth about $125,000. ERn Financial LLC acquired a new position in shares of First Business Financial Services during the 3rd quarter worth about $210,000. Creative Planning acquired a new position in shares of First Business Financial Services during the 3rd quarter worth about $216,000. Finally, Beese Fulmer Investment Management Inc. acquired a new position in shares of First Business Financial Services during the 3rd quarter worth about $217,000. 60.07% of the stock is owned by hedge funds and other institutional investors.

About First Business Financial Services

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.