Equities analysts predict that First Business Financial Services, Inc. (NASDAQ:FBIZ) will announce earnings per share of $0.44 for the current quarter, according to Zacks. Three analysts have issued estimates for First Business Financial Services’ earnings, with the lowest EPS estimate coming in at $0.41 and the highest estimate coming in at $0.46. First Business Financial Services reported earnings of $0.29 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 51.7%. The firm is expected to report its next earnings results on Thursday, October 26th.

On average, analysts expect that First Business Financial Services will report full-year earnings of $1.51 per share for the current fiscal year, with EPS estimates ranging from $1.46 to $1.55. For the next fiscal year, analysts expect that the firm will report earnings of $1.94 per share, with EPS estimates ranging from $1.83 to $2.05. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover First Business Financial Services.

First Business Financial Services (NASDAQ:FBIZ) last issued its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.22 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by $0.19. The company had revenue of $20.22 million for the quarter, compared to the consensus estimate of $19.45 million. First Business Financial Services had a return on equity of 7.25% and a net margin of 12.64%.

A number of equities research analysts recently weighed in on FBIZ shares. Keefe, Bruyette & Woods cut First Business Financial Services from an “outperform” rating to a “mkt perform” rating in a report on Tuesday, May 2nd. Zacks Investment Research cut First Business Financial Services from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, TheStreet cut First Business Financial Services from a “b” rating to a “c+” rating in a report on Friday, July 28th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. First Business Financial Services presently has an average rating of “Hold” and an average price target of $26.00.

Shares of First Business Financial Services (NASDAQ FBIZ) remained flat at $21.12 on Tuesday. The company’s stock had a trading volume of 9,031 shares. The company has a market capitalization of $184.06 million, a price-to-earnings ratio of 15.44 and a beta of 0.95. First Business Financial Services has a 1-year low of $18.76 and a 1-year high of $28.43. The company’s 50 day moving average price is $22.22 and its 200-day moving average price is $24.13.

The company also recently announced a quarterly dividend, which was paid on Thursday, August 17th. Stockholders of record on Monday, August 7th were paid a $0.13 dividend. The ex-dividend date was Thursday, August 3rd. This represents a $0.52 annualized dividend and a dividend yield of 2.46%. First Business Financial Services’s dividend payout ratio (DPR) is currently 38.24%.

In other news, insider Charles H. Batson sold 2,300 shares of First Business Financial Services stock in a transaction on Friday, August 4th. The stock was sold at an average price of $21.25, for a total value of $48,875.00. Following the completion of the sale, the insider now directly owns 26,907 shares of the company’s stock, valued at approximately $571,773.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jerome J. Smith sold 1,475 shares of First Business Financial Services stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $21.40, for a total value of $31,565.00. Following the completion of the sale, the director now directly owns 1,250 shares of the company’s stock, valued at $26,750. The disclosure for this sale can be found here. 8.30% of the stock is currently owned by company insiders.

Several large investors have recently added to or reduced their stakes in FBIZ. Banc Funds Co. LLC boosted its stake in First Business Financial Services by 3.0% in the second quarter. Banc Funds Co. LLC now owns 786,198 shares of the financial services provider’s stock valued at $18,145,000 after buying an additional 22,770 shares during the period. Wellington Management Group LLP raised its position in First Business Financial Services by 46.3% in the first quarter. Wellington Management Group LLP now owns 772,985 shares of the financial services provider’s stock valued at $20,067,000 after buying an additional 244,483 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in First Business Financial Services by 2.2% in the second quarter. The Manufacturers Life Insurance Company now owns 496,849 shares of the financial services provider’s stock valued at $11,467,000 after buying an additional 10,857 shares in the last quarter. First Business Financial Services Inc. raised its position in First Business Financial Services by 0.8% in the second quarter. First Business Financial Services Inc. now owns 398,784 shares of the financial services provider’s stock valued at $9,204,000 after buying an additional 3,250 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in First Business Financial Services by 61.9% in the second quarter. Vanguard Group Inc. now owns 334,887 shares of the financial services provider’s stock valued at $7,729,000 after buying an additional 128,039 shares in the last quarter. 58.61% of the stock is owned by institutional investors.

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First Business Financial Services Company Profile

First Business Financial Services, Inc (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks).

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Earnings History and Estimates for First Business Financial Services (NASDAQ:FBIZ)

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