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

First Business Financial Services, Inc. (NASDAQ:FBIZ) – Stock analysts at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for shares of First Business Financial Services in a research note issued on Monday, February 3rd. DA Davidson analyst J. Rulis now expects that the financial services provider will post earnings per share of $5.50 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.

Several other analysts have also recently weighed in on FBIZ. Raymond James boosted their price objective on shares of First Business Financial Services from $52.00 to $62.00 and gave the stock an “outperform” rating in a research note on Monday. Piper Sandler cut their price objective on shares of First Business Financial Services from $56.00 to $53.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. 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 upped their target price on shares of First Business Financial Services from $58.00 to $60.00 and gave the stock an “outperform” rating in a report on Monday. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $56.25.

First Business Financial Services Stock Performance

Shares of First Business Financial Services stock opened at $52.51 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 1.16. First Business Financial Services has a twelve month low of $32.56 and a twelve month high of $53.79. The stock has a market cap of $435.83 million, a price-to-earnings ratio of 10.06 and a beta of 0.88. The company’s fifty day moving average is $47.48 and its 200 day moving average is $45.48.

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

Institutional Trading of First Business Financial Services

Several institutional investors and hedge funds have recently modified their holdings of the company. R Squared Ltd purchased a new position in First Business Financial Services during the fourth quarter valued at $49,000. SG Americas Securities LLC purchased a new position in shares of First Business Financial Services in the 3rd quarter worth $125,000. Squarepoint Ops LLC purchased a new position in shares of First Business Financial Services in the 2nd quarter worth $204,000. ERn Financial LLC purchased a new position in shares of First Business Financial Services in the 3rd quarter worth $210,000. Finally, Creative Planning purchased a new position in shares of First Business Financial Services in the 3rd quarter worth $216,000. 60.07% of the stock is currently owned by institutional investors.

Insider Activity at First Business Financial Services

In other First Business Financial Services news, CEO Corey A. Chambas sold 40,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $48.81, for a total value of $1,952,400.00. Following the transaction, the chief executive officer now directly owns 112,750 shares in the company, valued at approximately $5,503,327.50. This trade represents a 26.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Kent Lorenz sold 1,000 shares of the 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 completion of the transaction, the director now 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 disclosure for this sale can be found here. 6.20% of the stock is owned by corporate insiders.

First Business Financial Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.21%. This is a boost from First Business Financial Services’s previous quarterly dividend of $0.25. First Business Financial Services’s payout ratio is currently 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.