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. The company offers deposit products, such as non-interest-bearing transaction accounts, interest-bearing transaction accounts, money market accounts, time deposits, and certificates of deposit, as well as credit cards. It 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. The company 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. First Business Financial Services, Inc. was incorporated in 1986 and is headquartered in Madison, Wisconsin.
IPO Year:
Exchange: NASDAQ
Website: firstbusiness.com
| 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 |
-- Record operating revenue, strong net interest margin, and positive operating leverage drive record pre-tax, pre-provision earnings -- First Business Financial Services, Inc. (the "Company", the "Bank", or "First Business Bank") (NASDAQ:FBIZ) reported quarterly net income available to common shareholders of $14.2 million, or earnings per share ("EPS") of $1.71. This compares to net income available to common shareholders of $10.3 million, or $1.24 per share, in the third quarter of 2024 and $9.6 million, or $1.15 per share, in the fourth quarter of 2023. EPS for the fourth quarter of 2024 included tax and Small Business Administration ("SBA") recourse reserve benefits totaling $0.28 per
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 fourth quarter ended December 31, 2024. The conference call and webcast may contain forward-looking statements and other material information. Event: Earnings Conference Call – Fourth Quarter 2024 When: Friday, January 31, 2025 at 1:00 p.m. Central Time How: By conference call or from a simultaneous webcast Access: Conference Call Dial-In: 800-549-8228 (toll free) 289-819-1520 (international) Conferenc
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
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 2.30% based on Thursday's market close price of $43.49. The quarterly dividend is the same as the quarterly dividend declared in April 2024, and based on second quarter 2024 earnings per share, represents a dividend payout ratio of 20%. This regular cash dividend is payable on August 21, 2024, to shareholders of record at the close of business on August 8, 2024. The board of directors also declared a dividend on the Company's 7% Series A Preferre
Robust pre-tax, pre-provision earnings supported by double-digit loan growth, net interest margin expansion, and record private wealth fee income First Business Financial Services, Inc. (the "Company", the "Bank", or "First Business Bank") (NASDAQ:FBIZ) reported quarterly net income available to common shareholders of $10.2 million, or earnings per share of $1.23 on a diluted basis. This compares to net income available to common shareholders of $8.6 million, or $1.04 per share, in the first quarter of 2024 and $8.1 million, or $0.98 per share, in the second quarter of 2023. "First Business Banks's consistent growth strategy drove outstanding second quarter results, highlighted by conti
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 2.92% based on Friday's market close price of $34.24. The quarterly dividend is the same as the quarterly dividend declared in January 2024, and based on first quarter 2024 earnings per share, represents a dividend payout ratio of 24%. This regular cash dividend is payable on May 22, 2024, to shareholders of record at the close of business on May 9, 2024. The board of directors also declared a dividend on the Company's 7% Series A Preferred Stock
Continued solid loan and core deposit growth supports ongoing 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 $8.6 million, or earnings per share of $1.04 on a diluted basis. This compares to net income available to common shareholders of $9.6 million, or $1.15 per share, in the fourth quarter of 2023 and $8.8 million, or $1.05 per share, in the first quarter of 2023. "Solid first quarter performance is a testament to our team's consistent execution in a persistently challenging interest rate environment," said Corey Chambas, Chief E
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 2.53% based on Friday's market close price of $39.56. The quarterly dividend represents a 10% increase over the quarterly dividend declared in October 2023, and, based on fourth quarter 2023 earnings per share, represents a dividend payout ratio of 22%. This regular cash dividend is payable on February 21, 2024, to shareholders of record at the close of business on February 8, 2024. "First Business Bank is committed to delivering value to our s
-- Record operating revenue, strong net interest margin, and positive operating leverage drive record pre-tax, pre-provision earnings -- First Business Financial Services, Inc. (the "Company", the "Bank", or "First Business Bank") (NASDAQ:FBIZ) reported quarterly net income available to common shareholders of $14.2 million, or earnings per share ("EPS") of $1.71. This compares to net income available to common shareholders of $10.3 million, or $1.24 per share, in the third quarter of 2024 and $9.6 million, or $1.15 per share, in the fourth quarter of 2023. EPS for the fourth quarter of 2024 included tax and Small Business Administration ("SBA") recourse reserve benefits totaling $0.28 per
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 fourth quarter ended December 31, 2024. The conference call and webcast may contain forward-looking statements and other material information. Event: Earnings Conference Call – Fourth Quarter 2024 When: Friday, January 31, 2025 at 1:00 p.m. Central Time How: By conference call or from a simultaneous webcast Access: Conference Call Dial-In: 800-549-8228 (toll free) 289-819-1520 (international) Conferenc
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 First Business Bank family," said Corey Chambas, CEO of First Business Financial Services, Inc. "His exceptional leadership, particularly as Chair of the Capital & Acquisitions Committee, helped shape our strategic direction. Beyond
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
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 2.30% based on Thursday's market close price of $43.49. The quarterly dividend is the same as the quarterly dividend declared in April 2024, and based on second quarter 2024 earnings per share, represents a dividend payout ratio of 20%. This regular cash dividend is payable on August 21, 2024, to shareholders of record at the close of business on August 8, 2024. The board of directors also declared a dividend on the Company's 7% Series A Preferre
Robust pre-tax, pre-provision earnings supported by double-digit loan growth, net interest margin expansion, and record private wealth fee income First Business Financial Services, Inc. (the "Company", the "Bank", or "First Business Bank") (NASDAQ:FBIZ) reported quarterly net income available to common shareholders of $10.2 million, or earnings per share of $1.23 on a diluted basis. This compares to net income available to common shareholders of $8.6 million, or $1.04 per share, in the first quarter of 2024 and $8.1 million, or $0.98 per share, in the second quarter of 2023. "First Business Banks's consistent growth strategy drove outstanding second quarter results, highlighted by conti
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 a
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 2.92% based on Friday's market close price of $34.24. The quarterly dividend is the same as the quarterly dividend declared in January 2024, and based on first quarter 2024 earnings per share, represents a dividend payout ratio of 24%. This regular cash dividend is payable on May 22, 2024, to shareholders of record at the close of business on May 9, 2024. The board of directors also declared a dividend on the Company's 7% Series A Preferred Stock
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)
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)
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)
8-K - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
8-K - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
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13F-HR - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
8-K - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
10-Q - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
8-K - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
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8-K - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Filer)
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
Raymond James reiterated coverage of First Business Financial with a rating of Outperform and set a new price target of $33.00 from $32.00 previously
Janney Montgomery Scott upgraded First Business Financial Services from Neutral to Buy
Janney upgraded First Business Financial from Neutral to Buy and set a new price target of $24.00
Raymond James reiterated coverage of First Business Financial with a rating of Outperform and set a new price target of $24.00 from $21.00 previously
Keefe Bruyette upgraded First Business Financial from Mkt Perform to Outperform and set a new price target of $26.00 from $23.00 previously
Keefe, Bruyette & Woods upgraded First Business Financial Services from Market Perform to Outperform
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)
SC 13G/A - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Subject)
SC 13G/A - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Subject)
SC 13G - 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)
SC 13G/A - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Subject)
SC 13G - FIRST BUSINESS FINANCIAL SERVICES, INC. (0001521951) (Subject)