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FBIZ stock logo

FBIZ

First Business Financial Services, Inc.

$59.24
0.82
 (1.4%)
Exchange:  NASDAQ
Market Cap:  495.375M
Shares Outstanding:  3.945M
Delayed data
Calculate FBIZ Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Banks – Regional
   
CEO:  Corey A. Chambas
Full Time Employees:  354
Address: 
401 Charmany Drive
Madison
WI
53719
US
Website:  https://www.firstbusiness.bank
First Business Financial Services, Inc. serves as the holding company for First Business Bank, which offers a wide array of commercial banking products and services. Its core clientele includes small to medium-sized enterprises, their owners, executives, professionals, and high-net-worth individuals. The institution provides various deposit accounts, such as standard and interest-earning checking accounts, money market accounts, time deposits, and certificates of deposit, alongside credit card offerings. Its lending activities cover commercial real estate, business and industrial loans, Small Business Administration (SBA) financing, and direct finance leases. For its professional and executive clients, the company also extends consumer credit options, including home equity loans, first and second mortgages, and other personal loan products. Beyond traditional banking, the company supports businesses with specialized services like commercial financing, asset-based lending, equipment funding, accounts receivable factoring, vendor and floorplan financing, advanced treasury management solutions, and company retirement plans. Furthermore, it offers comprehensive wealth management and private banking services, encompassing trust and estate administration, financial planning, and investment portfolio management. First Business Financial Services also provides specialized services to other financial institutions, including investment portfolio administration, asset-liability management (ALM) advice, and ALM process validation. The firm, founded in 1909, is headquartered in Madison, Wisconsin.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/04/24 — 1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue226,236262,381279,247
Gross Profit135,714144,630159,972
EBITDA50,77554,88860,453
Operating Income47,13951,15060,453
Net Income37,02744,24550,319

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets3,507,8463,853,2154,081,887
Total Liabilities3,218,2583,524,6263,710,302
Total Stockholders Equity289,588328,589371,585
Total Debt339,870327,975259,412
Cash and Cash Equivalents139,510157,70230,771

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow52,29257,49161,696
Capital Expenditure-2,884-223-595
Free Cash Flow49,40857,26861,101
Net Income37,02744,24550,319
Net Change in Cash36,82818,192-118,217

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2027Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)196,877.559Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)198,272.440Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)197,575Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)56,352.093Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)56,751.348Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)56,551.721Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)53,802.654Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)56,229.884Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)55,953.600Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)66,564.629Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)67,036.241Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)66,800.435Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)6.700Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)6.890Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)6.590Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)3Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)4Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
260.465M  ?P/S
 (TTM)
: 
1.72
?Net Income
 (TTM)
: 
43.212M  ?P/E
 (TTM)
: 
9.27
?Enterprise Value
 (TTM)
: 
659.451M  ?EV/FCF
 (TTM)
: 
12.49
?Dividend Yield
 (TTM)
: 
0.02  ?Payout Ratio
 (TTM)
: 
0.21
?ROE
 (TTM)
: 
0.14  ?ROIC
 (TTM)
: 
0.07
?Net Debt
 (TTM)
: 
170.68M  ?Debt/Equity
 (TTM)
: 
0.82
?P/B
 (TTM)
: 
1.25  ?Current Ratio
 (TTM)
: 
0.15

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
9.52Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates FBIZ intrinsic value between $67.01 – $103.89 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about FBIZ valuation

Is First Business Financial Services, Inc. (FBIZ) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for First Business Financial Services, Inc. (FBIZ) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is FBIZ a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether FBIZ trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is FBIZ’s P/E ratio?

You can see FBIZ’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for FBIZ?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is FBIZ a good long-term investment?

Whether FBIZ fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

FBIZ

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

1.4
MARKETSnap

Trading Metrics:

Open: 60.02   Previous Close: 58.42
Day Low: 58.99   Day High: 60.14
Year Low: 45.9   Year High: 60.54
Price Avg 50: 56.67   Price Avg 200: 54.29
Volume: 36513   Average Volume: 40104

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See in Nexus

Relevant news

First Business Financial Services (FBIZ) Could Be a Great Choice
04-03-2026 12:45
First Business Financial Services (FBIZ) Could Be a Great Choice
First Business Financial Services, Inc. (FBIZ) Shareholder/Analyst Call Prepared Remarks Transcript
24-04-2026 12:51
First Business Financial Services, Inc. (FBIZ) Shareholder/Analyst Call Prepared Remarks Transcript
First Business Financial Services (FBIZ) Reports Q1 Earnings: What Key Metrics Have to Say
23-04-2026 20:31
First Business Financial Services (FBIZ) Reports Q1 Earnings: What Key Metrics Have to Say
Why First Business Financial Services (FBIZ) is a Great Dividend Stock Right Now
22-04-2026 12:46
Why First Business Financial Services (FBIZ) is a Great Dividend Stock Right Now
First Business Bank Announces First Quarter 2026 Earnings Conference Call
08-04-2026 16:15
First Business Bank Announces First Quarter 2026 Earnings Conference Call
Why First Business Financial Services (FBIZ) is a Top Dividend Stock for Your Portfolio
06-04-2026 12:46
Why First Business Financial Services (FBIZ) is a Top Dividend Stock for Your Portfolio

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