First Business Financial Services (FBIZ) Set to Announce Earnings on Thursday

First Business Financial Services (NASDAQ:FBIZ) is scheduled to be releasing its earnings data 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 EPS for the quarter, topping the consensus estimate of $1.14 by $0.01. First Business Financial Services had a net margin of 16.37% and a return on equity of 13.95%. The firm had revenue of $36.63 million during the quarter, compared to analyst estimates 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 opened at $34.33 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.19. First Business Financial Services has a 52-week low of $24.57 and a 52-week high of $41.03. The company has a 50 day moving average of $34.88 and a two-hundred day moving average of $35.04. The company has a market cap of $285.28 million, a P/E ratio of 7.89 and a beta of 0.78.

First Business Financial Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Thursday, February 8th were paid a dividend of $0.25 per share. This is an increase from First Business Financial Services’s previous quarterly dividend of $0.22. This represents a $1.00 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend was Wednesday, February 7th. First Business Financial Services’s payout ratio is currently 22.99%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FBIZ. Piper Sandler restated an “overweight” rating and issued a $44.00 target price on shares of First Business Financial Services in a research note on Monday, March 18th. Raymond James increased their price objective on shares of First Business Financial Services from $40.00 to $46.00 and gave the company an “outperform” rating in a research note on Monday, January 29th.

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.