First Business Financial ServicesFBIZ
FBIZ
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
57% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 23
25% more capital invested
Capital invested by funds: $193M [Q2] → $241M (+$47.9M) [Q3]
6% more funds holding
Funds holding: 88 [Q2] → 93 (+5) [Q3]
0.73% more ownership
Funds ownership: 63.09% [Q2] → 63.82% (+0.73%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$53
15%
upside
Avg. target
$56
21%
upside
High target
$58
26%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Damon Delmonte 43% 1-year accuracy 9 / 21 met price target | 26%upside $58 | Outperform Maintained | 4 Dec 2024 |
Piper Sandler Nathan Race 95% 1-year accuracy 20 / 21 met price target | 15%upside $53 | Overweight Maintained | 29 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
3 weeks ago
First Business Financial Services, Inc. Mourns Death of Dedicated Board Member John J. Harris
MADISON, Wis.--(BUSINESS WIRE)--First Business Financial Services, Inc., parent company of First Business Bank, is saddened to share that John J. Harris, 72, passed away on November 13, 2024. John served as a distinguished member of the First Business Financial Services, Inc. Board of Directors for 12 years, including six years serving concurrently on the First Business Bank board, making invaluable contributions to the company's growth and success. "John's passing is a profound loss to our Fir.
Neutral
Business Wire
1 month ago
First Business Bank Declares Quarterly Cash Dividends
MADISON, Wis.--(BUSINESS WIRE)--First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.25 per share which is equivalent to a dividend yield of 2.23% based on Thursday's market close price of $44.82. The quarterly dividend is the same as the quarterly dividend declared in July 2024, and based on third quarter 2024 earnings per share, represents a dividend pay.
Neutral
Seeking Alpha
1 month ago
First Business Financial Services, Inc. (FBIZ) Q3 2024 Earnings Call Transcript
First Business Financial Services, Inc. (NASDAQ:FBIZ ) Q3 2024 Earnings Conference Call October 25, 2024 2:00 PM ET Company Participants Corey Chambas - CEO Dave Seiler - President & Chief Operating Officer Brian Spielmann - CFO Conference Call Participants Jeff Rulis - .A. Davidson Daniel Tamayo - Raymond James Nathan Race - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Operator Good afternoon, and welcome to the First Business Financial Services Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
First Business Financial Services (FBIZ) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for First Business Financial Services (FBIZ) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
First Business Financial Services (FBIZ) Surpasses Q3 Earnings Estimates
First Business Financial Services (FBIZ) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.17 per share a year ago.
Neutral
Business Wire
1 month ago
First Business Bank Reports Third Quarter 2024 Net Income of $10.3 Million
MADISON, Wis.--(BUSINESS WIRE)--First Business Financial Services, Inc. (the “Company”, the “Bank”, or “First Business Bank”) (Nasdaq:FBIZ) reported quarterly net income available to common shareholders of $10.3 million, or earnings per share of $1.24 on a diluted basis. This compares to net income available to common shareholders of $10.2 million, or $1.23 per share, in the second quarter of 2024 and $9.7 million, or $1.17 per share, in the third quarter of 2023. “First Business Bank again pro.
Positive
Zacks Investment Research
2 months ago
Why First Business Financial Services (FBIZ) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Business Financial Services (FBIZ) have what it takes?
Neutral
Business Wire
2 months ago
First Business Bank Announces Third Quarter 2024 Earnings Conference Call
MADISON, Wis--(BUSINESS WIRE)--First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq:FBIZ) invites participation in a conference call to discuss the Company's financial and operating performance during its third quarter ended September 30, 2024. The conference call and webcast may contain forward-looking statements and other material information. Event: Earnings Conference Call – Third Quarter 2024 When: Friday, October 25, 2024 at 1:00 p.m. Central Time How:.
Positive
Zacks Investment Research
2 months ago
First Business Financial Services (FBIZ) Upgraded to Buy: What Does It Mean for the Stock?
First Business Financial Services (FBIZ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
2 months ago
First Business Financial Services (FBIZ) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Business Financial Services (FBIZ) have what it takes?
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