FBIZ - First Business Financial Services Inc Stock Price, Fair Value and News

34.35USD-0.15 (-0.43%)Market Closed

Market Summary

USD34.35-0.15

Market Closed

-0.43%

FBIZ Stock Price

View Fullscreen

FBIZ RSI Chart

FBIZ Valuation

Market Cap

284.7M

Price/Earnings (Trailing)

7.72

Price/Sales (Trailing)

1.36

EV/EBITDA

1.29

Price/Free Cashflow

5.58

FBIZ Price/Sales (Trailing)

FBIZ Profitability

EBT Margin

22.02%

Return on Equity

12.39%

Return on Assets

1.04%

Free Cashflow Yield

17.94%

FBIZ Fundamentals

FBIZ Revenue

Revenue (TTM)

208.6M

Rev. Growth (Yr)

32.61%

Rev. Growth (Qtr)

1.86%

FBIZ Earnings

Earnings (TTM)

36.9M

Earnings Growth (Yr)

-1.46%

Earnings Growth (Qtr)

-9.44%

Breaking Down FBIZ Revenue

Last 7 days

-1.5%

Last 30 days

4.5%

Last 90 days

-4.7%

Trailing 12 Months

26.6%

How does FBIZ drawdown profile look like?

FBIZ Financial Health

FBIZ Investor Care

Dividend Yield

2.71%

Dividend/Share (TTM)

0.93

Buy Backs (1Y)

0.05%

Diluted EPS (TTM)

4.34

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	208.6M	0	0	0
2023	139.2M	159.3M	178.5M	194.9M
2022	96.4M	98.9M	106.6M	121.4M
2021	94.6M	96.5M	98.2M	96.0M
2020	99.7M	97.2M	94.0M	94.2M
2019	96.2M	99.1M	100.9M	102.0M
2018	78.1M	81.3M	86.3M	91.3M
2017	77.2M	76.9M	76.6M	75.8M
2016	73.6M	75.6M	76.4M	78.1M
2015	62.5M	66.5M	70.7M	72.5M
2014	53.9M	54.3M	54.6M	57.7M
2013	54.5M	53.7M	53.2M	53.8M
2012	55.8M	55.5M	55.5M	54.8M
2011	56.5M	56.4M	56.3M	56.2M
2010	0	0	0	56.6M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of First Business Financial Services Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	sanders carol p	bought	6,019	34.3963	175	-
Apr 19, 2024	chandler jodi a	acquired	-	-	3,210	chief human resources officer
Apr 19, 2024	chandler jodi a	sold (taxes)	-42,326	34.3	-1,234	chief human resources officer
Apr 19, 2024	chambas corey a	sold (taxes)	-241,986	34.3	-7,055	ceo
Apr 19, 2024	quade bradley a	acquired	-	-	4,240	chief credit officer
Apr 19, 2024	quade bradley a	sold (taxes)	-58,172	34.3	-1,696	chief credit officer
Apr 19, 2024	ovokaitys daniel	sold (taxes)	-60,299	34.3	-1,758	chief information officer
Apr 19, 2024	meloy mark j	sold (taxes)	-50,626	34.3	-1,476	evp
Apr 19, 2024	seiler david r.	sold (taxes)	-94,942	34.3	-2,768	president and coo
Apr 19, 2024	seiler david r.	acquired	-	-	6,920	president and coo

Which funds bought or sold FBIZ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.95	-22,264	29,625	-%
May 15, 2024	STATE STREET CORP	added	6.61	-14,464	4,704,260	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-0.12	-83,511	1,181,920	-%
May 15, 2024	Royal Bank of Canada	reduced	-14.44	-116,000	466,000	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	3.56	-105,605	3,243,790	0.07%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	17.19	24,613	281,213	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	60.94	177,633	529,350	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	added	5.56	-3,720	285,000	-%
May 15, 2024	VISTA INVESTMENT MANAGEMENT	added	7.11	3,377	2,105,020	0.86%
May 15, 2024	Kestra Advisory Services, LLC	unchanged	-	-23,920	345,000	-%

Are Funds Buying or Selling FBIZ?

Are funds buying FBIZ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FBIZ

No. of Funds

Unveiling First Business Financial Services Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	6.3%	525,683	SC 13G/A
Feb 08, 2024	banc funds co llc	2.1%	176,724	SC 13G/A
Jan 25, 2024	blackrock inc.	8.3%	689,085	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.3%	527,091	SC 13G/A
Feb 09, 2023	banc funds co llc	2.1%	176,724	SC 13G/A
Feb 03, 2023	blackrock inc.	7.6%	643,571	SC 13G
Feb 08, 2022	dimensional fund advisors lp	5.5%	465,166	SC 13G/A
Feb 07, 2022	banc funds co llc	2.3%	199,701	SC 13G/A
Jul 12, 2021	blackrock inc.	1.0%	87,471	SC 13G/A
Feb 12, 2021	dimensional fund advisors lp	5.2%	438,980	SC 13G

Recent SEC filings of First Business Financial Services Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	13F-HR/A	Fund Holdings Report
May 14, 2024	4	Insider Trading
May 06, 2024	13F-HR	Fund Holdings Report
May 03, 2024	4	Insider Trading
May 03, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Apr 29, 2024	8-K	Current Report
Apr 26, 2024	10-Q	Quarterly Report
Apr 26, 2024	8-K	Current Report

Peers (Alternatives to First Business Financial Services Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

First Business Financial Services Inc News

Latest updates

First Business Financial Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.9%	56.00	55.00	51.00	47.00	42.00	38.00	32.00	27.00	24.00	24.00	24.00	25.00	24.00	26.00	22.00	23.00	23.00	26.00	25.00	25.00	26.00
EBITDA Margin	-5.7%	0.79*	0.84*	0.91*	1.01*	1.16*	1.27*	1.38*	1.42*	1.39*	1.41*	1.35*	1.28*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.1%	30.00	30.00	29.00	28.00	27.00	27.00	26.00	24.00	21.00	21.00	21.00	22.00	21.00	23.00	19.00	19.00	17.00	18.00	17.00	17.00	18.00
Income Taxes	-35.2%	2.00	3.00	2.00	3.00	3.00	2.00	3.00	4.00	2.00	3.00	3.00	3.00	3.00	1.00	1.00	-1.93	1.00	2.00	1.00	-0.59	-1.30
Earnings Before Taxes	-15.0%	11.00	12.00	12.00	11.00	12.00	13.00	14.00	15.00	11.00	11.00	12.00	11.00	13.00	7.00	5.00	1.00	4.00	7.00	7.00	6.00	5.00
EBT Margin	-8.9%	0.22*	0.24*	0.26*	0.31*	0.38*	0.43*	0.48*	0.50*	0.47*	0.49*	0.44*	0.38*	-	-	-	-	-	-	-	-	-
Net Income	-9.4%	9.00	10.00	10.00	8.00	9.00	10.00	11.00	11.00	9.00	9.00	9.00	8.00	10.00	6.00	4.00	3.00	3.00	6.00	5.00	7.00	6.00
Net Income Margin	-6.9%	0.18*	0.19*	0.21*	0.24*	0.30*	0.34*	0.37*	0.38*	0.36*	0.37*	0.34*	0.29*	-	-	-	-	-	-	-	-	-
Free Cashflow	-34.9%	9.00	13.00	16.00	13.00	10.00	7.00	15.00	15.00	2.00	11.00	10.00	8.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.7%	3,531	3,508	3,419	3,266	3,164	2,977	2,851	2,777	2,724	2,653	2,584	2,866	2,621	2,568	2,602	2,469	2,196	2,097	2,093	2,070	2,006
Cash Equivalents	-48.4%	72.00	140	133	113	186	103	111	95.00	96.00	57.00	111	390	59.00	57.00	52.00	42.00	95.00	67.00	61.00	46.00	56.00
Net PPE	1.3%	6.00	6.00	6.00	5.00	5.00	4.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00
Liabilities	0.5%	3,234	3,218	3,138	2,993	2,898	2,716	2,598	2,527	2,479	2,420	2,359	2,644	2,406	2,362	2,401	2,271	2,001	1,903	1,902	1,881	1,821
Shareholder's Equity	2.8%	298	290	281	273	267	261	253	250	245	232	225	221	214	206	201	198	196	194	191	189	185
Retained Earnings	2.8%	237	231	223	215	209	204	195	186	177	170	163	155	149	140	136	133	131	129	125	121	116
Additional Paid-In Capital	0.8%	91.00	91.00	90.00	89.00	88.00	88.00	87.00	86.00	85.00	86.00	85.00	84.00	84.00	83.00	83.00	82.00	82.00	81.00	81.00	80.00	80.00
Shares Outstanding	-0.1%	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	9.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	245	-	264	-	-	-	233	-	-	-	140	-	-	-	204	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-34.9%	8,683	13,334	16,497	12,552	9,909	7,255	14,613	14,679	2,098	11,231	9,790	8,142	6,829	21,217	4,112	79.00	1,227	8,229	9,459	634	10,663
Share Based Compensation	5.9%	665	628	643	1,072	634	679	651	645	609	797	578	607	531	439	499	516	417	448	390	410	318
Cashflow From Investing	25.8%	-82,728	-111,451	-116,223	-162,829	-116,346	-128,234	-37,605	-39,343	-40,085	-125,508	-1,441	95,429	-79,492	15,552	-122,703	-313,609	-33,747	-6,977	-5,508	-63,504	-55,508
Cashflow From Financing	-93.7%	6,575	104,712	119,832	77,113	189,728	112,696	38,473	24,545	76,480	60,763	-287,702	227,532	74,628	-31,588	127,928	260,935	60,404	4,892	11,132	52,410	14,634
Dividend Payments	10.4%	2,087	1,891	1,892	1,889	1,906	1,665	1,675	1,678	1,670	1,522	1,547	1,556	1,541	1,413	1,415	1,414	1,410	1,291	1,297	1,316	1,312
Buy Backs	3518.8%	579	16.00	23.00	1,072	1,860	2,623	1,532	1,363	608	762	3,748	642	326	36.00	170	19.00	1,447	1,868	1,671	2,231	1,478

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

FBIZ Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans and leases	$ 51,549	$ 39,814
Securities	2,794	1,590
Short-term investments	1,440	660
Total interest income	55,783	42,064
Interest expense
Deposits	23,837	12,430
Federal Home Loan Bank advances and other borrowings	2,435	2,929
Total interest expense	26,272	15,359
Net interest income	29,511	26,705
Provision for credit losses	2,326	1,561
Net interest income after provision for credit losses	27,185	25,144
Non-interest income
Private wealth management service fees	3,111	2,654
Gain on sale of Small Business Administration loans	195	476
Service charges on deposits	940	682
Loan fees	847	803
Increase in cash surrender value of bank-owned life insurance	412	366
Net loss on sale of securities	(8)	0
Swap fees	198	557
Other non-interest income	1,062	2,872
Total non-interest income	6,757	8,410
Non-interest expense
Compensation	16,157	15,908
Occupancy	607	631
Professional fees	1,571	1,343
Data processing	1,018	875
Marketing	818	628
Equipment	345	295
Computer software	1,418	1,183
FDIC insurance	610	394
Other non-interest expense	798	510
Total non-interest expense	23,342	21,767
Income before income tax expense	10,600	11,787
Income tax expense	1,752	2,808
Net income	8,848	8,979
Preferred stock dividend	219	219
Basic earnings allocated to common shareholders	$ 8,629	$ 8,760
Earnings per common share
Basic	$ 1.04	$ 1.05
Diluted	1.04	1.05
Dividends declared per share	$ 0.2500	$ 0.2275

FBIZ Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 25,056	$ 32,348
Short-term investments	46,984	107,162
Cash and cash equivalents	72,040	139,510
Securities available-for-sale, at fair value	314,114	297,006
Securities held-to-maturity, at amortized cost	8,131	8,503
Loans held for sale	4,855	4,589
Loans and leases receivable, net of allowance for credit losses of $32,799 and $31,275, respectively	2,878,065	2,818,986
Premises and equipment, net	6,268	6,190
Repossessed assets	317	247
Right-of-use assets, net	6,297	6,559
Bank-owned life insurance	55,948	55,536
Federal Home Loan Bank stock, at cost	13,326	12,042
Goodwill and other intangible assets	11,950	12,023
Derivatives	69,703	55,597
Accrued interest receivable and other assets	90,344	91,058
Total assets	3,531,358	3,507,846
Liabilities and Stockholders’ Equity
Deposits	2,755,406	2,796,779
Federal Home Loan Bank advances and other borrowings	381,718	330,916
Lease liabilities	8,664	8,954
Derivatives	61,133	51,949
Accrued interest payable and other liabilities	26,649	29,660
Total liabilities	3,233,570	3,218,258
Stockholders’ equity:
Preferred stock, $0.01 par value, 2,500,000 shares authorized, 12,500 shares of 7% non-cumulative perpetual preferred stock, Series A, outstanding at March 31, 2024 and December 31, 2023, respectively	11,992	11,992
Common stock, $0.01 par value, 25,000,000 shares authorized, 9,426,316 and 9,418,463 shares issued, 8,306,573 and 8,314,778 shares outstanding at March 31, 2024 and December 31, 2023, respectively	95	95
Additional paid-in capital	91,312	90,616
Retained earnings	237,270	230,728
Accumulated other comprehensive loss	(12,176)	(13,717)
Treasury stock, 1,119,743 and 1,103,685 shares at March 31, 2024 and December 31, 2023, respectively, at cost	(30,705)	(30,126)
Total stockholders’ equity	297,788	289,588
Total liabilities and stockholders’ equity	$ 3,531,358	$ 3,507,846

About First Business Financial Services Inc

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. It offers deposit products, such as non-interest-bearing transaction accounts, interest-bearing transaction accounts, money market accounts, time deposits, and certificates of deposit. The company 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, and other personal loans for professional and executive clients. It offers commercial lending, asset-based lending, equipment financing, accounts receivable financing, vendor financing, floorplan financing, treasury management services, and company retirement plans; trust and estate administration, financial planning, investment management, and private banking services; and investment portfolio administrative, asset-liability management, and asset-liability management process validation services for other financial institutions. The company was founded in 1909 and is headquartered in Madison, Wisconsin.

CEO	Mr. Corey A. Chambas
WEBSITE	firstbusiness.com
INDUSTRY	Banks Diversified
EMPLOYEES	343

First Business Financial Services Inc Frequently Asked Questions

What is the ticker symbol for First Business Financial Services Inc? What does FBIZ stand for in stocks?

FBIZ is the stock ticker symbol of First Business Financial Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Business Financial Services Inc (FBIZ)?

As of Fri May 17 2024, market cap of First Business Financial Services Inc is 284.72 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FBIZ stock?

You can check FBIZ's fair value in chart for subscribers.

What is the fair value of FBIZ stock?

You can check FBIZ's fair value in chart for subscribers. The fair value of First Business Financial Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Business Financial Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FBIZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Business Financial Services Inc a good stock to buy?

The fair value guage provides a quick view whether FBIZ is over valued or under valued. Whether First Business Financial Services Inc is cheap or expensive depends on the assumptions which impact First Business Financial Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FBIZ.

What is First Business Financial Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FBIZ's PE ratio (Price to Earnings) is 7.72 and Price to Sales (PS) ratio is 1.36. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FBIZ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Business Financial Services Inc's stock?

In the past 10 years, First Business Financial Services Inc has provided 0.072 (multiply by 100 for percentage) rate of return.