First Business Financial Services (NASDAQ:FBIZ – Get Free Report) posted its earnings results on Thursday. The financial services provider reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.14, Zacks reports. The firm had revenue of $65.34 million during the quarter, compared to the consensus estimate of $36.73 million. First Business Financial Services had a return on equity of 14.06% and a net margin of 15.66%.
First Business Financial Services Trading Up 5.1 %
NASDAQ:FBIZ traded up $2.20 during midday trading on Friday, hitting $45.69. 19,837 shares of the company traded hands, compared to its average volume of 22,069. The firm’s fifty day moving average is $36.22 and its 200-day moving average is $35.61. First Business Financial Services has a 12-month low of $28.35 and a 12-month high of $45.80. The firm has a market capitalization of $378.77 million, a P/E ratio of 10.53 and a beta of 0.83. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.34.
First Business Financial Services Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Thursday, May 9th were given a dividend of $0.25 per share. The ex-dividend date was Wednesday, May 8th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.19%. First Business Financial Services’s dividend payout ratio is currently 23.04%.
Insider Activity at First Business Financial Services
Analysts Set New Price Targets
Separately, StockNews.com downgraded First Business Financial Services from a “buy” rating to a “hold” rating in a research report on Wednesday.
Get Our Latest Research Report on FBIZ
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.
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