Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 262.38M | 226.24M | 150.80M | 124.09M | 118.72M |
Gross Profit | 144.63M | 135.71M | 131.72M | 118.56M | 84.81M |
EBITDA | 54.89M | 50.77M | 56.31M | 50.58M | 21.77M |
Net Income | 44.24M | 37.03M | 40.86M | 35.76M | 16.98M |
Balance Sheet | |||||
Total Assets | 3.85B | 3.51B | 2.98B | 2.65B | 2.57B |
Cash, Cash Equivalents and Short-Term Investments | 499.09M | 436.52M | 314.71M | 262.81M | 240.83M |
Total Debt | 327.98M | 339.87M | 466.98M | 418.93M | 435.62M |
Total Liabilities | 3.52B | 3.22B | 2.72B | 2.42B | 2.36B |
Stockholders Equity | 328.59M | 289.59M | 260.64M | 232.42M | 206.16M |
Cash Flow | |||||
Free Cash Flow | 57.27M | 49.41M | 35.42M | 35.60M | 26.37M |
Operating Cash Flow | 57.49M | 52.29M | 38.65M | 35.99M | 26.64M |
Investing Cash Flow | -328.47M | -506.85M | -245.27M | -111.01M | -454.51M |
Financing Cash Flow | 289.17M | 491.38M | 252.19M | 75.22M | 417.68M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $421.41M | 13.53 | 14.00% | 1.45% | 13.07% | 25.72% | |
77 Outperform | $506.30M | 11.94 | 12.21% | ― | 10.44% | 62.82% | |
74 Outperform | $406.19M | 8.68 | 14.31% | 2.21% | 8.45% | 21.74% | |
73 Outperform | $474.19M | 10.74 | 16.69% | 2.93% | 27.27% | 39.43% | |
69 Neutral | $452.82M | 24.41 | 4.37% | 3.67% | 38.01% | -58.08% | |
62 Neutral | C$15.14B | 6.42 | 23.28% | 5.45% | 33.61% | -23.38% | |
60 Neutral | $416.81M | 16.43 | -5.24% | 7.13% | -6.64% | -233.17% |
On July 24, 2025, First Business Financial Services, Inc. reported a strong financial performance for the second quarter of 2025, with a net income of $11.2 million, reflecting growth in loans, deposits, and private wealth management. The company achieved significant growth in operating revenue and net income, supported by an effective relationship-based growth strategy and operational efficiency, contributing to a 14% increase in tangible book value from the previous year.
The most recent analyst rating on (FBIZ) stock is a Buy with a $53.00 price target. To see the full list of analyst forecasts on First Business Financial stock, see the FBIZ Stock Forecast page.
On May 1, 2025, First Business Financial Services, Inc. expanded its Board of Directors from seven to eight members and appointed Jason R. Graham as a Class II Director. Mr. Graham, a seasoned financial executive with a strong background in financial strategy and capital allocation, was also appointed to the Audit Committee. His extensive experience in financial leadership roles at various companies is expected to contribute significantly to the company’s strategic growth and shareholder value creation.
On May 5, 2025, First Business Financial Services, Inc. announced that its CEO, Corey Chambas, will retire on May 2, 2026, with President and COO Dave Seiler set to succeed him. Chambas, who has been with the company since 1993 and CEO since 2006, will remain on the board of directors. The transition is expected to be smooth, with Seiler’s extensive experience in the banking industry and his alignment with the company’s culture and strategic vision. This leadership change is seen as a continuation of the company’s growth and commitment to its stakeholders.
On April 30, 2025, First Business Financial Services, Inc. released an investor presentation highlighting its strong first-quarter performance for 2025. The company reported a 14% growth in tangible book value, driven by robust loan and deposit growth, and stable asset quality. Private wealth management assets reached a record $3.425 billion, with fee income increasing by 12.2% compared to the previous year. The company’s strategic plan aims to build long-term shareholder value by focusing on deposit efficiency, profitability, and operational excellence. Despite challenges in the banking sector, First Business Financial Services maintains a strong market position with a focus on sustainable growth and profitability.