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First Business Financial Services (FBIZ)
NASDAQ:FBIZ
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.35Last Year’s EPS
1.23Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: -4.49%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong quarter characterized by solid earnings growth, robust deposit and loan growth, and stable asset quality. However, challenges were noted in the equipment finance portfolio and ongoing economic uncertainties related to trade policy and potential recession. Despite these concerns, the company maintains a positive outlook for 2025, driven by strategic initiatives and a diversified revenue stream.Company Guidance
During the First Business Financial Services First Quarter 2025 Earnings Conference Call, CEO Corey Chambas highlighted a robust quarter marked by a 23% increase in pre-tax pre-provision adjusted earnings compared to the previous year, with earnings per share rising by 27% to $1.32. The company achieved a 10% growth in loans and an 18% increase in total deposits over the same period last year. This growth was driven by a 27% annualized increase in C&I loan balances and a strong performance in SBA lending. The net interest margin stood at 3.69%, reflecting stable balance sheet management. Non-performing assets decreased by $4.3 million, contributing to a 14% growth in tangible book value per share. The company remains focused on maintaining strong asset quality and executing its strategic plan for long-term growth.Strong Financial Performance
First Business Financial Services reported a 23% increase in pre-tax pre-provision adjusted earnings over last year's first quarter, and earnings per share rose by 27% to $1.32. Tangible book value per share grew by 14%.
Robust Deposit Growth
The company achieved double-digit core deposit growth, with deposits growing $488 million or 18% from last year's first quarter. Core deposits grew by $66 million, over 11%.
Loan and Revenue Growth
Loan balances grew by $275 million or almost 10% over the same period last year, meeting the company's long-term growth goal. First quarter revenue increased nearly 13% compared to the first quarter of 2024.
Stable Asset Quality
Non-performing assets declined by $4.3 million from the linked quarter, and the company's weighted average risk rating showed minimal movement.
SBA Lending Momentum
SBA lending sustained its momentum with strong loan sale premiums expected to be a meaningful driver of revenue in 2025.
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FBIZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FBIZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 24, 2025 | $49.93 | $47.89 | -4.09% |
| Jan 30, 2025 | $49.28 | $51.38 | +4.26% |
| Oct 24, 2024 | $44.36 | $42.44 | -4.33% |
| Jul 25, 2024 | $42.78 | $44.94 | +5.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does First Business Financial Services (FBIZ) report earnings?
First Business Financial Services (FBIZ) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is First Business Financial Services (FBIZ) earnings time?
First Business Financial Services (FBIZ) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FBIZ EPS forecast?
FBIZ EPS forecast for the fiscal quarter 2025 (Q2) is 1.35.
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