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FBIZ stock logo

FBIZ

First Business Financial Services, Inc.

$70.47
0.57
 (0.82%)
Exchange:  NASDAQ
Market Cap:  589.282M
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:  David R. Seiler
Full Time Employees:  355
Address: 
401 Charmany Drive
Madison
WI
53719
US
Website:  https://www.firstbusiness.bank
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. The company offers commercial real estate lending, commercial and industrial lending, asset-based lending, accounts receivable financing, equipment financing, floorplan financing, vendor financing, small business administration lending and servicing, treasury management solutions, and company retirement services. It also provides private wealth management for individuals, including creating and executing asset allocation strategies, trust and estate administration, financial planning, investment management, and access to brokerage and custody-only services, as well as private banking to private wealth clients. In addition, the company offers bank consulting services consisting of balance sheet, investment portfolio, and asset liability management services. Further, it provides commercial deposit accounts. The company was founded in 1909 and is headquartered in Madison, Wisconsin.

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Revenue Segmentation

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EPS

Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.

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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
EBITDA50,77554,88864,227
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 Year2027Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Low)196,572.554Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (High)200,891.726Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Avg)198,250Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Low)56,796.124Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (High)58,044.071Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Avg)57,280.792Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Low)55,610.757Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (High)56,828.452Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Avg)56,219.605Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Low)66,461.507Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (High)67,921.826Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Avg)67,028.654Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Avg)6.930Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (High)6.970Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Low)6.820Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated Revenue)3Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated EPS)4Research AccessResearch AccessResearch AccessResearch Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
260.465M  ?P/S
 (TTM)
: 
2
?Net Income
 (TTM)
: 
43.212M  ?P/E
 (TTM)
: 
10.36
?Enterprise Value
 (TTM)
: 
1.006B  ?EV/FCF
 (TTM)
: 
12.44
?Dividend Yield
 (TTM)
: 
1.91%  ?Payout Ratio
 (TTM)
: 
20.82%
?ROE
 (TTM)
: 
14.75%  ?ROIC
 (TTM)
: 
1.34%
?Net Debt
 (TTM)
: 
170.68M  ?Debt/Equity
 (TTM)
: 
1.51
?P/B
 (TTM)
: 
1.43  ?Current Ratio
 (TTM)
: 
17.05

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Forward P/E Ratios

?

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

Forward P/E 1YResearch AccessResearch AccessResearch AccessResearch Access
10.81Research AccessResearch AccessResearch AccessResearch 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

0.82
MARKETSnap

Trading Metrics:

Open: 69.63   Previous Close: 69.9
Day Low: 69   Day High: 70.75
Year Low: 46.07   Year High: 73.48
Price Avg 50: 66.63   Price Avg 200: 58.45
Volume: 15781   Average Volume: 51059

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See in Nexus

Relevant news

All You Need to Know About First Business Financial Services (FBIZ) Rating Upgrade to Buy
04-08-2026 13:01
All You Need to Know About First Business Financial Services (FBIZ) Rating Upgrade to Buy
First Business Financial Services Q2 Earnings Call Highlights
31-07-2026 10:06
First Business Financial Services Q2 Earnings Call Highlights
First Business Financial Services (FBIZ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
30-07-2026 21:02
First Business Financial Services (FBIZ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
First Business Financial Services (FBIZ) Could Be a Great Choice
25-05-2026 12:46
First Business Financial Services (FBIZ) Could Be a Great Choice
First Business Bank Announces Second Quarter 2026 Earnings Conference Call
06-07-2026 16:30
First Business Bank Announces Second Quarter 2026 Earnings Conference Call
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

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