FBIZ Stock Overview
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.
First Business Financial Services Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$28.77|
|52 Week High||US$31.89|
|52 Week Low||US$17.56|
|1 Month Change||-4.16%|
|3 Month Change||3.94%|
|1 Year Change||48.30%|
|3 Year Change||42.29%|
|5 Year Change||26.24%|
|Change since IPO||121.31%|
Recent News & Updates
|FBIZ||US Banks||US Market|
Return vs Industry: FBIZ exceeded the US Banks industry which returned 36.7% over the past year.
Return vs Market: FBIZ exceeded the US Market which returned 17.8% over the past year.
|FBIZ Average Weekly Movement||2.7%|
|Banks Industry Average Movement||3.7%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: FBIZ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FBIZ's weekly volatility (3%) has been stable over the past year.
About the Company
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. The company offers deposit products, such as non-interest-bearing transaction accounts, interest-bearing transaction accounts, money market accounts, time deposits, and certificates of deposit, as well as credit cards. It also provides loan products, including commercial real estate loans, commercial and industrial loans, small business administration loans, and direct financing leases, as well as consumer and other loans comprising home equity, first and second mortgage, and other personal loans for professional and executive clients.
First Business Financial Services Fundamentals Summary
|FBIZ fundamental statistics|
Is FBIZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FBIZ income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.86|
|Net Profit Margin||28.34%|
How did FBIZ perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Is First Business Financial Services undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FBIZ ($28.77) is trading below our estimate of fair value ($50.56)
Significantly Below Fair Value: FBIZ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FBIZ is good value based on its PE Ratio (7.5x) compared to the US Banks industry average (10.5x).
PE vs Market: FBIZ is good value based on its PE Ratio (7.5x) compared to the US market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: FBIZ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FBIZ's PB Ratio (1.1x) is in line with the US Banks industry average.
How is First Business Financial Services forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FBIZ's earnings are forecast to decline over the next 3 years (-6.7% per year).
Earnings vs Market: FBIZ's earnings are forecast to decline over the next 3 years (-6.7% per year).
High Growth Earnings: FBIZ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FBIZ's revenue (5.5% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: FBIZ's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FBIZ's Return on Equity is forecast to be low in 3 years time (11.7%).
How has First Business Financial Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FBIZ has high quality earnings.
Growing Profit Margin: FBIZ's current net profit margins (28.3%) are higher than last year (19.3%).
Past Earnings Growth Analysis
Earnings Trend: FBIZ's earnings have grown by 15.5% per year over the past 5 years.
Accelerating Growth: FBIZ's earnings growth over the past year (99.6%) exceeds its 5-year average (15.5% per year).
Earnings vs Industry: FBIZ earnings growth over the past year (99.6%) exceeded the Banks industry 43%.
Return on Equity
High ROE: FBIZ's Return on Equity (14.8%) is considered low.
How is First Business Financial Services's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FBIZ's Assets to Equity ratio (11.5x) is moderate.
Allowance for Bad Loans: FBIZ has a sufficient allowance for bad loans (332%).
Low Risk Liabilities: 81% of FBIZ's liabilities are made up of primarily low risk sources of funding.
Loan Level: FBIZ has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: FBIZ's Loans to Deposits ratio (110%) is appropriate.
Level of Bad Loans: FBIZ has an appropriate level of bad loans (0.3%).
What is First Business Financial Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FBIZ's dividend (2.5%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: FBIZ's dividend (2.5%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: FBIZ's dividends per share have been stable in the past 10 years.
Growing Dividend: FBIZ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.3%), FBIZ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FBIZ's dividends in 3 years are forecast to be well covered by earnings (21.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Corey Chambas (58 yo)
Mr. Corey A. Chambas has been the Chief Executive Officer of First Business Financial Services, Inc. and First Business Capital Corp. since December 2006 and has been its President since February 2005. Mr....
CEO Compensation Analysis
Compensation vs Market: Corey's total compensation ($USD1.38M) is about average for companies of similar size in the US market ($USD1.13M).
Compensation vs Earnings: Corey's compensation has been consistent with company performance over the past year.
Experienced Management: FBIZ's management team is seasoned and experienced (7.4 years average tenure).
Experienced Board: FBIZ's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FBIZ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Business Financial Services, Inc.'s employee growth, exchange listings and data sources
- Name: First Business Financial Services, Inc.
- Ticker: FBIZ
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$240.046m
- Shares outstanding: 8.39m
- Website: https://www.firstbusiness.com
Number of Employees
- First Business Financial Services, Inc.
- 401 Charmany Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 00:03|
|End of Day Share Price||2021/12/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.