Research Analysts’ Weekly Ratings Updates for First Business Financial Services (FBIZ)

A number of firms have modified their ratings and price targets on shares of First Business Financial Services (NASDAQ: FBIZ) recently:

• 2/3/2026 – First Business Financial Services had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $70.00 price target on the stock, up previously from $61.00.
• 2/2/2026 – First Business Financial Services had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $68.00 price target on the stock.
• 2/2/2026 – First Business Financial Services had its price target raised by analysts at Keefe, Bruyette & Woods from $59.00 to $63.00. They now have an “outperform” rating on the stock.
• 1/22/2026 – First Business Financial Services had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.

First Business Financial Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, February 28th. Shareholders of record on Saturday, February 14th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.36 dividend on an annualized basis and a yield of 2.3%. This is an increase from First Business Financial Services’s previous quarterly dividend of $0.29. First Business Financial Services’s payout ratio is currently 22.86%.

First Business Financial Services, Inc (NASDAQ:FBIZ) is a bank holding company headquartered in Madison, Wisconsin, offering a suite of commercial banking and financial services. Through its wholly owned subsidiary, First Business Bank, the company provides relationship-driven lending, deposit and treasury management solutions to small and mid-sized businesses, nonprofit organizations and high-net-worth individuals. Its core products include commercial real estate financing, equipment leasing, SBA-guaranteed lending, and cash management services.

In addition to lending and depository services, First Business Bank delivers investment advisory and wealth management through dedicated trust and private banking teams.