Brokers Issue Forecasts for FBIZ Q2 Earnings

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

Several other equities research analysts also recently weighed in on the company. Raymond James raised 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. Piper Sandler lifted 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. Keefe, Bruyette & Woods decreased their target price on shares of First Business Financial Services from $60.00 to $59.00 and set an “outperform” rating for the company in a research note on Monday. Finally, StockNews.com downgraded First Business Financial Services from a “buy” rating to a “hold” rating in a research note on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $57.25.

First Business Financial Services Trading Down 0.6 %

NASDAQ:FBIZ opened at $47.86 on Wednesday. The company has a market capitalization of $397.29 million, a PE ratio of 9.17 and a beta of 0.67. First Business Financial Services has a 52-week low of $33.10 and a 52-week high of $56.46. The stock’s 50 day moving average price is $47.89 and its 200 day moving average price is $48.18. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 1.16.

First Business Financial Services (NASDAQ:FBIZ) last issued its quarterly earnings data on Thursday, April 24th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.03. First Business Financial Services had a return on equity of 14.33% and a net margin of 16.86%. The company had revenue of $40.84 million for the quarter, compared to analyst estimates of $40.13 million.

Institutional Investors Weigh In On First Business Financial Services

Institutional investors have recently modified their holdings of the company. CWM LLC increased its stake in First Business Financial Services by 48.7% in the 1st quarter. CWM LLC now owns 913 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 299 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in First Business Financial Services by 8.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 13,226 shares of the financial services provider’s stock valued at $624,000 after acquiring an additional 1,047 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new position in First Business Financial Services during the first quarter worth about $122,000. GAMMA Investing LLC lifted its holdings in shares of First Business Financial Services by 5,564.0% in the first quarter. GAMMA Investing LLC now owns 9,289 shares of the financial services provider’s stock valued at $438,000 after purchasing an additional 9,125 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of First Business Financial Services during the 4th quarter worth approximately $81,000. Hedge funds and other institutional investors own 60.07% of the company’s stock.

Insider Buying and Selling at First Business Financial Services

In other First Business Financial Services news, insider Daniel Ovokaitys sold 4,828 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $54.55, for a total transaction of $263,367.40. Following the transaction, the insider now directly owns 7,718 shares in the company, valued at approximately $421,016.90. This represents a 38.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 5.10% of the stock is owned by corporate insiders.

First Business Financial Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date is Friday, May 9th. First Business Financial Services’s dividend payout ratio is presently 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.