Keefe, Bruyette & Woods upgraded First Business Financial Services from Market Perform to Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/5/2024 | $36.00 → $50.00 | Neutral → Buy | DA Davidson |
| 8/17/2023 | $37.00 | Overweight | Piper Sandler |
| 11/2/2021 | $33.00 → $34.00 | Outperform | Raymond James |
First Business Financial Services, Inc. (the "Company" or "First Business Bank") (NASDAQ:FBIZ) a leader in commercial banking and specialty finance, today announced its board of directors has approved a $5.0 million share repurchase program. This program authorizes the repurchase of shares of the Company's common stock as part of its ongoing capital management strategy. The share repurchase program has no expiration date.While First Business Bank has experienced robust balance sheet growth and does not currently intend to execute on the share repurchase program, the Company believes it is prudent to have such a program in place. This allows for flexibility in capital management and the abili
First Business Finl Servs (NASDAQ:FBIZ) reported quarterly earnings of $1.04 per share which missed the analyst consensus estimate of $1.12 by 7.14 percent. This is a 0.95 percent decrease over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $36.28 million which missed the analyst consensus estimate of $37.73 million by 3.85 percent. This is a 3.31 percent increase over sales of $35.12 million the same period last year.
Piper Sandler analyst Nathan Race assumes First Business Finl Servs (NASDAQ:FBIZ) with a Overweight rating and announces Price Target of $44.
4 - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Issuer)
4 - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Issuer)
4 - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Issuer)
4 - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Issuer)
4 - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Issuer)
4 - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Issuer)
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 payout ratio of 20%. This regular cash dividend is payable on November 20, 2024, to shareholders of record at the close of business on November 7, 2024. The board of directors also declared a dividend on the Company's 7% Series A Prefer
-- Stable net interest margin, continued balance sheet growth, and positive operating leverage support tangible book value expansion -- 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 produced strong deposit and loan growth in a highly competitive environment," said Corey Chambas,
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: By conference call or from a simultaneous webcast Access: Conference Call Dial-In: 800-343-4849 (toll free) 203-518-9848 (international) Conference Call Access Code: FBIZ We
SC 13G/A - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Subject)
SC 13G/A - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Subject)
SC 13G/A - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Subject)
DA Davidson upgraded First Business Financial from Neutral to Buy and set a new price target of $50.00 from $36.00 previously
Piper Sandler initiated coverage of First Business Financial with a rating of Overweight and set a new price target of $37.00
Raymond James reiterated coverage of First Business Financial with a rating of Outperform and set a new price target of $34.00 from $33.00 previously
144 - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Subject)
13F-HR - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
8-K - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
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 payout ratio of 20%. This regular cash dividend is payable on November 20, 2024, to shareholders of record at the close of business on November 7, 2024. The board of directors also declared a dividend on the Company's 7% Series A Prefer
-- Stable net interest margin, continued balance sheet growth, and positive operating leverage support tangible book value expansion -- 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 produced strong deposit and loan growth in a highly competitive environment," said Corey Chambas,
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: By conference call or from a simultaneous webcast Access: Conference Call Dial-In: 800-343-4849 (toll free) 203-518-9848 (international) Conference Call Access Code: FBIZ We