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

First Business Financial Services (NASDAQ:FBIZ) will issue its quarterly earnings data on Thursday, April 25th.

First Business Financial Services (NASDAQ:FBIZ) last released its earnings results on Thursday, January 25th. The financial services provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.14 by $0.01. The firm had revenue of $36.63 million for the quarter, compared to analysts’ expectations of $37.60 million. First Business Financial Services had a net margin of 16.37% and a return on equity of 13.95%. 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 %

First Business Financial Services stock opened at $34.33 on Wednesday. The firm has a market cap of $285.28 million, a price-to-earnings ratio of 7.89 and a beta of 0.78. 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 firm’s 50 day moving average price is $34.88 and its two-hundred day moving average price is $35.04. First Business Financial Services has a 1 year low of $24.57 and a 1 year high of $41.03.

First Business Financial Services Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Thursday, February 8th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, February 7th. This represents a $1.00 dividend on an annualized basis and a yield of 2.91%. This is a boost from First Business Financial Services’s previous quarterly dividend of $0.22. First Business Financial Services’s dividend payout ratio (DPR) is currently 22.99%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FBIZ. Raymond James lifted their price objective on shares of First Business Financial Services from $40.00 to $46.00 and gave the stock an “outperform” rating in a research 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 report 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.