First Business Financial ServicesFBIZ
About: First Business Financial Services Inc operates as a bank holding company. The Bank operates as a business bank, focusing on delivering a full line of commercial banking products including commercial loans and commercial real estate loans, to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high-net-worth individuals. The company's products and services include commercial lending, SBA lending and servicing, asset-based lending, equipment financing, factoring, trust, and investment services, treasury management services, and a broad range of deposit products. Geographically all the business activity functioned through the region of the United States.
Employees: 353
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
32% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 25
5% more funds holding
Funds holding: 84 [Q1] → 88 (+4) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.54% less ownership
Funds ownership: 63.35% [Q1] → 62.81% (-0.54%) [Q2]
2% less capital invested
Capital invested by funds: $197M [Q1] → $193M (-$4.83M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
DA Davidson Kevin Reevey 100% 1-year accuracy 2 / 2 met price target | 11%upside $50 | Buy Upgraded | 5 Aug 2024 |
Keefe, Bruyette & Woods Damon Delmonte 57% 1-year accuracy 8 / 14 met price target | 13%upside $51 | Outperform Reiterated | 29 Jul 2024 |
Piper Sandler Nathan Race 68% 1-year accuracy 13 / 19 met price target | 25%upside $56 | Overweight Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 4 articles about FBIZ published over the past 30 days