First Business Financial Services (FBIZ) Scheduled to Post Quarterly Earnings on Thursday

First Business Financial Services (NASDAQ:FBIZ) will announce its earnings results on Thursday, April 25th.

First Business Financial Services (NASDAQ:FBIZ) last issued its quarterly earnings results on Thursday, January 25th. The financial services provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.01. First Business Financial Services had a return on equity of 13.95% and a net margin of 16.37%. The firm had revenue of $36.63 million for the quarter, compared to analysts’ expectations of $37.60 million. 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 stock opened at $34.33 on Wednesday. The firm has a 50-day moving average of $34.88 and a two-hundred day moving average of $35.04. The firm has a market capitalization of $285.28 million, a PE ratio of 7.89 and a beta of 0.78. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.19. First Business Financial Services has a one year low of $24.57 and a one year high of $41.03.

First Business Financial Services Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Thursday, February 8th were paid a $0.25 dividend. This is a positive change from First Business Financial Services’s previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, February 7th. This represents a $1.00 dividend on an annualized basis and a yield of 2.91%. First Business Financial Services’s dividend payout ratio (DPR) is currently 22.99%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on FBIZ shares. Raymond James increased their target price on First Business Financial Services from $40.00 to $46.00 and gave the company an “outperform” rating in a report on Monday, January 29th. Piper Sandler reissued an “overweight” rating and set a $44.00 price target on shares of First Business Financial Services in a research report on Monday, March 18th.

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.