First Business Financial Services (NASDAQ:FBIZ – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, October 24th. Analysts expect First Business Financial Services to post earnings of $1.20 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
First Business Financial Services (NASDAQ:FBIZ – Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The financial services provider reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.14. The company had revenue of $65.34 million during the quarter, compared to analyst estimates of $36.73 million. First Business Financial Services had a net margin of 15.66% and a return on equity of 13.87%. On average, analysts expect First Business Financial Services to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
First Business Financial Services Price Performance
FBIZ opened at $43.36 on Tuesday. The firm has a market cap of $359.41 million, a P/E ratio of 9.99 and a beta of 0.82. The firm has a 50-day moving average of $43.70 and a 200 day moving average of $38.95. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.07 and a current ratio of 1.08. First Business Financial Services has a fifty-two week low of $28.35 and a fifty-two week high of $47.23.
First Business Financial Services Announces Dividend
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Piper Sandler upped their price objective on shares of First Business Financial Services from $44.00 to $56.00 and gave the company an “overweight” rating in a report on Monday, July 29th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $51.00 price objective (up from $48.00) on shares of First Business Financial Services in a report on Monday, July 29th. StockNews.com raised shares of First Business Financial Services from a “hold” rating to a “buy” rating in a report on Thursday, October 10th. Finally, DA Davidson raised shares of First Business Financial Services from a “neutral” rating to a “buy” rating and upped their price objective for the company from $36.00 to $50.00 in a report on Monday, August 5th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $50.75.
View Our Latest Report on FBIZ
About First Business Financial Services
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 in Wisconsin, Kansas, and Missouri.
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