What is DA Davidson’s Forecast for FBIZ FY2025 Earnings?

First Business Financial Services, Inc. (NASDAQ:FBIZ) – Stock analysts at DA Davidson increased their FY2025 EPS estimates for First Business Financial Services in a research report issued to clients and investors on Monday, February 3rd. DA Davidson analyst J. Rulis now expects that the financial services provider will earn $5.50 per share for the year, up from their previous forecast of $5.30. The consensus estimate for First Business Financial Services’ current full-year earnings is $5.24 per share. DA Davidson also issued estimates for First Business Financial Services’ FY2026 earnings at $5.95 EPS.

First Business Financial Services (NASDAQ:FBIZ) last announced its quarterly earnings data on Thursday, January 30th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.16. First Business Financial Services had a return on equity of 14.33% and a net margin of 16.86%.

Other equities analysts have also issued reports about the stock. Raymond James raised their target price on shares of First Business Financial Services from $52.00 to $62.00 and gave the company an “outperform” rating in a report on Monday. Piper Sandler raised their price objective on First Business Financial Services from $58.00 to $63.00 and gave the company an “overweight” rating in a report on Tuesday. StockNews.com upgraded shares of First Business Financial Services from a “hold” rating to a “buy” rating in a report on Monday. Finally, Keefe, Bruyette & Woods increased their price target on First Business Financial Services from $58.00 to $60.00 and gave the company an “outperform” rating in a research note on Monday. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, First Business Financial Services presently has an average rating of “Buy” and an average price target of $58.75.

First Business Financial Services Price Performance

Shares of FBIZ opened at $54.10 on Tuesday. First Business Financial Services has a fifty-two week low of $32.56 and a fifty-two week high of $54.41. The firm has a market capitalization of $449.03 million, a PE ratio of 10.36 and a beta of 0.88. The company’s 50-day moving average is $47.51 and its 200-day moving average is $45.56. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.09 and a quick ratio of 1.08.

Hedge Funds Weigh In On First Business Financial Services

Several large investors have recently made changes to their positions in FBIZ. SG Americas Securities LLC raised its holdings in First Business Financial Services by 24.8% in the fourth quarter. SG Americas Securities LLC now owns 3,412 shares of the financial services provider’s stock worth $158,000 after buying an additional 679 shares during the last quarter. R Squared Ltd bought a new position in First Business Financial Services in the 4th quarter valued at approximately $49,000. Bank of New York Mellon Corp boosted its stake in First Business Financial Services by 5.3% during the 4th quarter. Bank of New York Mellon Corp now owns 33,109 shares of the financial services provider’s stock valued at $1,533,000 after purchasing an additional 1,653 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of First Business Financial Services by 5.0% in the 4th quarter. Empowered Funds LLC now owns 45,021 shares of the financial services provider’s stock worth $2,084,000 after purchasing an additional 2,156 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of First Business Financial Services by 1.3% in the third quarter. Geode Capital Management LLC now owns 173,404 shares of the financial services provider’s stock worth $7,907,000 after purchasing an additional 2,200 shares during the last quarter. 60.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at First Business Financial Services

In related news, Director William Kent Lorenz sold 1,000 shares of First Business Financial Services stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $49.00, for a total transaction of $49,000.00. Following the sale, the director now directly owns 8,341 shares in the company, valued at $408,709. The trade was a 10.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Corey A. Chambas sold 40,000 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $48.81, for a total value of $1,952,400.00. Following the completion of the transaction, the chief executive officer now owns 112,750 shares of the company’s stock, valued at approximately $5,503,327.50. This trade represents a 26.19 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 6.20% of the company’s stock.

First Business Financial Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.29 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.16 annualized dividend and a yield of 2.14%. This is an increase from First Business Financial Services’s previous quarterly dividend of $0.25. First Business Financial Services’s payout ratio is presently 19.16%.

First Business Financial Services Company Profile

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.