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Barrett Business Services Inc.

$BBSI
Professional Services
Consumer Discretionary

Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. It develops a management platform that integrates a knowledge-based approach from the management consulting industry with tools from the human resource outsourcing industry. The company offers professional employer services under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workers' compensation coverage, and other administration functions for the client's existing workforce. It also provides staffing and recruiting services, such as on-demand or short-term staffing assignment, contract staffing, direct placement, and long-term or indefinite-term on-site management services. The company serves electronics manufacturers, light-manufacturing industries, agriculture-based companies, transportation and shipping enterprises, food processors, telecommunications companies, public utilities, general contractors in various construction-related fields, and professional services firms. Barrett Business Services, Inc. was incorporated in 1965 and is headquartered in Vancouver, Washington.

IPO Year: 1993

Exchange: NASDAQ

Website: bbsi.com

Recent Analyst Ratings for Barrett Business Services Inc.

DatePrice TargetRatingAnalyst
6/5/2024$140.00Buy → Neutral
Sidoti
6/14/2022$97.00Buy
Sidoti
8/5/2021$88.00 → $98.00Buy
Roth Capital
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Barrett Business Services Inc. Press Releases

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  • BBSI Appoints Mark S. Finn to its Board of Directors

    VANCOUVER, Wash., April 07, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., has appointed Mark S. Finn to its board of directors, effective April 7, 2025. Finn spent over 30 years with T. Rowe Price Group (NASDAQ:TROW), a global investment management firm, where he held several roles, including portfolio manager of the firm's $35 billion US Value Equity Strategy Fund and co-portfolio manager of its $3.5 billion US Large-Cap Value Equity Strategy Fund. Before T. Rowe Price, Finn worked in assurance services at Price Waterhouse & Co

    $BBSI
    $TROW
    Professional Services
    Consumer Discretionary
    Investment Bankers/Brokers/Service
    Finance

  • BBSI Announces Appointment of Thomas McGinn as Senior Vice President of Insurance

    VANCOUVER, Wash., April 02, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, today announced the appointment of Thomas McGinn as Senior Vice President of Insurance. In this role, Mr. McGinn will oversee BBSI's insurance operations, including underwriting strategy, risk management, and pricing. He will report directly to BBSI's Chief Executive Officer, Gary Kramer. "This is a critical leadership role at BBSI, and Tom's deep expertise in the insurance industry makes him an outstanding fit for this position," said Gary Kramer, CEO of BBSI. "His extensive background in underwriting, risk management, and client

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Reports Strong Fourth Quarter and Full Year 2024 Financial Results

    - Fourth Quarter Revenues up 10% to $304.8 Million With Net Income up 15% to $16.8 Million, or $0.63 per Diluted Share - VANCOUVER, Wash., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the fourth quarter and full year ended December 31, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Fourth Quarter 2024 Financial Summary vs. Year-ago Quarter Revenues up 10% to $304.

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Launches Innovative Applicant Tracking System to Streamline Hiring for Businesses

    VANCOUVER, Wash., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, is proud to announce the launch of BBSI Applicant Tracking System (ATS), a cutting-edge tool designed to simplify and enhance the hiring process for businesses of all sizes. In today's competitive job market, finding and hiring top talent can be a time-consuming challenge. BBSI's ATS changes the game by offering an intuitive, end-to-end solution that helps businesses attract, manage, and onboard new employees efficiently. With BBSI's ATS, businesses can: Create Job Postings: Easily craft compelling job descriptions and post them o

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Sets Fourth Quarter and Full Year 2024 Conference Call for Wednesday, February 26, 2025, at 5:00 p.m. ET

    VANCOUVER, Wash., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, February 26, 2025, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The company will report its financial results in a press release prior to the conference call. BBSI's CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period. Date: Wednesday, February 26, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number:

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Earns Great Place To Work® Certification for Fourth Consecutive Year, Celebrating a Thriving Workplace Culture

    VANCOUVER, Wash., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., is proud to announce that for the 4th year in a row, they are Certified™ by Great Place To Work®. This prestigious award is based entirely on what current employees say about their experience working at BBSI. "We are thrilled to become Great Place To Work Certified for a fourth year in a row, proving once again that our people are our greatest resource," said BBSI President and CEO Gary Kramer. "We continuously strive to remain an employer of choice and owe

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Establishes Vice Chairman Role, Appoints Current Board Member Joseph Clabby

    VANCOUVER, Wash., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., is announcing the establishment of a vice chairman role on its board of directors and appointing current board member Joseph S. Clabby to the new role. "On behalf of the board, we congratulate Joe Clabby on his appointment," said Tony Meeker, BBSI's chairman of the board. "Consistent with our board development and succession planning process, we are pleased to name Joe to this position. During his time on our board, Joe has contributed tremendously to BBSI'

    $BBSI
    $CB
    Professional Services
    Consumer Discretionary
    Property-Casualty Insurers
    Finance

  • BBSI Reports Strong Third Quarter 2024 Financial Results

    - Q3 2024 Net income of $19.6 Million, or $0.74 per Diluted Share - VANCOUVER, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the third quarter ended September 30, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Third Quarter 2024 Financial Summary vs. Year-Ago Quarter Revenues up 8% to $294.3 million.Gross billings up 9% to $2.14 billion.Average worksite empl

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Sets Third Quarter 2024 Conference Call for Wednesday, November 6, 2024, at 5:00 p.m. ET

    VANCOUVER, Washington, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, November 6, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. The company will report its financial results in a press release prior to the conference call. BBSI's CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period. Date: Wednesday, November 6, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI to Attend the 2024 Gateway Conference on September 5th

    VANCOUVER, Wash., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., is confirmed to attend the 2024 Annual Gateway Conference, which is being held September 4th and 5th at the Four Seasons Hotel in San Francisco, CA. BBSI executives will be available for one-on-one meetings throughout the conference. For additional information, to request an invitation, or to schedule a one-on-one meeting, please email conference@gateway-grp.com. About The Gateway Conference Set against the backdrop of the Four Seasons Hotel in San Franc

    $BBSI
    Professional Services
    Consumer Discretionary

Barrett Business Services Inc. Analyst Ratings

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Barrett Business Services Inc. Insider Purchases

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Barrett Business Services Inc. Insider Trading

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Barrett Business Services Inc. SEC Filings

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Barrett Business Services Inc. Leadership Updates

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  • BBSI Appoints Mark S. Finn to its Board of Directors

    VANCOUVER, Wash., April 07, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., has appointed Mark S. Finn to its board of directors, effective April 7, 2025. Finn spent over 30 years with T. Rowe Price Group (NASDAQ:TROW), a global investment management firm, where he held several roles, including portfolio manager of the firm's $35 billion US Value Equity Strategy Fund and co-portfolio manager of its $3.5 billion US Large-Cap Value Equity Strategy Fund. Before T. Rowe Price, Finn worked in assurance services at Price Waterhouse & Co

    $BBSI
    $TROW
    Professional Services
    Consumer Discretionary
    Investment Bankers/Brokers/Service
    Finance

  • BBSI Announces Appointment of Thomas McGinn as Senior Vice President of Insurance

    VANCOUVER, Wash., April 02, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, today announced the appointment of Thomas McGinn as Senior Vice President of Insurance. In this role, Mr. McGinn will oversee BBSI's insurance operations, including underwriting strategy, risk management, and pricing. He will report directly to BBSI's Chief Executive Officer, Gary Kramer. "This is a critical leadership role at BBSI, and Tom's deep expertise in the insurance industry makes him an outstanding fit for this position," said Gary Kramer, CEO of BBSI. "His extensive background in underwriting, risk management, and client

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Establishes Vice Chairman Role, Appoints Current Board Member Joseph Clabby

    VANCOUVER, Wash., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., is announcing the establishment of a vice chairman role on its board of directors and appointing current board member Joseph S. Clabby to the new role. "On behalf of the board, we congratulate Joe Clabby on his appointment," said Tony Meeker, BBSI's chairman of the board. "Consistent with our board development and succession planning process, we are pleased to name Joe to this position. During his time on our board, Joe has contributed tremendously to BBSI'

    $BBSI
    $CB
    Professional Services
    Consumer Discretionary
    Property-Casualty Insurers
    Finance

  • BBSI Appoints Joseph S. Clabby to its Board of Directors

    VANCOUVER, Wash., Sept. 19, 2022 (GLOBE NEWSWIRE) -- The board of directors of Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, has appointed Joseph S. Clabby as a director effective September 16. His appointment expands the board to nine members. Mr. Clabby recently retired from Chubb Limited (NYSE:CB). He spent over twenty years with ACE Limited and then Chubb following its merger with ACE in a number of senior executive positions, including board roles at several affiliated companies. Prior to ACE and Chubb, Mr. Clabby held underwriting, broker and executive roles with leading insurance and reinsurance organizations including Al

    $BBSI
    $CB
    Professional Services
    Consumer Discretionary
    Property-Casualty Insurers
    Finance

  • BBSI Appoints Rachael Stutzman as Senior Vice President of Sales and Marketing

    Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, has appointed Rachael Stutzman as Senior Vice President of Sales and Marketing. She will be reporting to BBSI's Chief Operating Officer, Gerald Blotz. Rachael joined BBSI in 2014 as a Business Development Manager and after consistently ranking as a top Business Development Manager nationwide, she was promoted to Area Manager over two of BBSI's California branches. Before joining BBSI, Rachael was one of the owners of YourHealthCredit, a start-up company in the healthcare finance market. Prior to that Rachael was the Vice President of Sales for CareCredit, the most profitable consumer

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Appoints Carla A. Moradi to its Board of Directors

    VANCOUVER, Wash., April 09, 2021 (GLOBE NEWSWIRE) -- The board of directors of Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, has appointed technology and operations executive Carla A. Moradi as an independent director effective April 7th. Her appointment expands the board to nine members. Ms. Moradi currently serves as Senior Vice President of Go-To-Market Transformation for Anaplan (NYSE:PLAN). Prior to Anaplan, Ms. Moradi was Executive Vice President of Operations and Technology for HUB International and was Group Vice President and CIO for Walgreens Boots Alliance (NASDAQ:WBA). "We are very pleased that Carla has accepted ou

    $WBA
    $PLAN
    $BBSI
    Retail-Drug Stores and Proprietary Stores
    Consumer Staples
    Computer Software: Prepackaged Software
    Technology

Barrett Business Services Inc. Financials

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  • BBSI Reports Strong Fourth Quarter and Full Year 2024 Financial Results

    - Fourth Quarter Revenues up 10% to $304.8 Million With Net Income up 15% to $16.8 Million, or $0.63 per Diluted Share - VANCOUVER, Wash., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the fourth quarter and full year ended December 31, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Fourth Quarter 2024 Financial Summary vs. Year-ago Quarter Revenues up 10% to $304.

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Sets Fourth Quarter and Full Year 2024 Conference Call for Wednesday, February 26, 2025, at 5:00 p.m. ET

    VANCOUVER, Wash., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, February 26, 2025, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The company will report its financial results in a press release prior to the conference call. BBSI's CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period. Date: Wednesday, February 26, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number:

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Reports Strong Third Quarter 2024 Financial Results

    - Q3 2024 Net income of $19.6 Million, or $0.74 per Diluted Share - VANCOUVER, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the third quarter ended September 30, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Third Quarter 2024 Financial Summary vs. Year-Ago Quarter Revenues up 8% to $294.3 million.Gross billings up 9% to $2.14 billion.Average worksite empl

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Sets Third Quarter 2024 Conference Call for Wednesday, November 6, 2024, at 5:00 p.m. ET

    VANCOUVER, Washington, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, November 6, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. The company will report its financial results in a press release prior to the conference call. BBSI's CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period. Date: Wednesday, November 6, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Reports Strong Second Quarter 2024 Financial Results and Raises Quarterly Dividend

    - Q2 2024 Net Income of $16.7 Million, or $0.62 per Diluted Share - - Raises Dividend by 7% to $0.08 per Share - VANCOUVER, Wash., July 31, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the second quarter ended June 30, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the "Stock Split"). Second Quarter 2024 Financial Summary vs. Year-Ago Quarter Revenues up 6% to $279.7 million.Gross billings up

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Sets Second Quarter 2024 Conference Call for Wednesday, July 31, 2024, at 5:00 p.m. ET

    VANCOUVER, Wash., July 17, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, July 31, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024. The company will report its financial results in a press release prior to the conference call. BBSI's CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period. Date: Wednesday, July 31, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4018Internationa

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Declares Four-for-One Stock Split

    VANCOUVER, Wash., June 04, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, today announced that its board of directors has declared a four-for-one split of the Company's common stock in the form of a stock dividend. Each stockholder of record on June 14, 2024, will receive a dividend of three additional shares of common stock for each share they hold, to be distributed on June 21, 2024. Trading will resume on a stock split-adjusted basis on June 24, 2024. The stock split is expected to improve the overall trading efficiency of BBSI's stock and make stock ownership more accessible to a b

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Reports Strong First Quarter 2024 Financial Results

    - Revenues of $265.8 Million With Gross Billings up 7% - VANCOUVER, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Summary vs. Year-Ago Quarter Revenues up 4% to $265.8 million.Gross billings up 7% to $1.91 billion.Average worksite employees ("WSEs") up 3%.Net loss of $0.1 million, or $(0.02) per diluted share, compared to net income of $0.8 million, or $0.12 per diluted share. "We started the year on a strong note, with growth from net client adds driving gross billings

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Sets First Quarter 2024 Conference Call for Wednesday, May 1, 2024, at 5:00 p.m. ET

    VANCOUVER, Wash., April 17, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ:BBSI), a leading provider of business management solutions, will conduct a conference call on Wednesday, May 1, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. The company will report its financial results in a press release prior to the conference call. BBSI's CEO Gary Kramer and CFO Anthony Harris will host the conference call, followed by a question and answer period. Date: Wednesday, May 1, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-877-407-4018International d

    $BBSI
    Professional Services
    Consumer Discretionary

  • BBSI Announces Board Approval of Planned Four-For-One Stock Split, Pending Stockholder Approval of an Increase in Authorized Shares of Common Stock

    VANCOUVER, Wash., April 10, 2024 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. ("BBSI" or the "Company") (NASDAQ:BBSI), a leading provider of business management solutions, today announced that its board of directors has approved a future four-for-one split of the Company's common stock in the form of a stock dividend. "We believe this stock split will improve the overall trading efficiency of our stock and make our shares more accessible to a wider range of potential shareholders," said Gary Kramer, BBSI's CEO. "This split comes at a time when our stock is experiencing all-time highs due to our strength in earnings and improved market position." The planned stock split is subj

    $BBSI
    Professional Services
    Consumer Discretionary

Barrett Business Services Inc. Large Ownership Changes

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