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

First Business Financial Services (NASDAQ:FBIZ) is scheduled to be issuing its quarterly earnings data on Thursday, April 25th.

First Business Financial Services (NASDAQ:FBIZ) last posted its earnings results on Thursday, January 25th. The financial services provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate 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 Trading Down 0.8 %

Shares of First Business Financial Services stock opened at $34.33 on Wednesday. First Business Financial Services has a 1 year low of $24.57 and a 1 year high of $41.03. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market capitalization of $285.28 million, a P/E ratio of 7.89 and a beta of 0.78. The company’s fifty day moving average is $34.88 and its two-hundred day moving average is $35.04.

First Business Financial Services Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Stockholders of record on Thursday, February 8th were issued a $0.25 dividend. This is an increase 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 annualized dividend and a dividend yield of 2.91%. First Business Financial Services’s payout ratio is presently 22.99%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on FBIZ. Raymond James boosted their target price on shares of 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 reiterated an “overweight” rating and set a $44.00 price objective on shares of First Business Financial Services in a research note on Monday, March 18th.

About First Business Financial Services

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.