First Business Financial Services (FBIZ) Scheduled to Post Earnings on Thursday

First Business Financial Services (NASDAQ:FBIZ - Get Free Report) will issue its quarterly earnings data after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $1.20 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.

First Business Financial Services (NASDAQ:FBIZ - Get Free Report) last released its earnings results on Thursday, July 25th. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.14. First Business Financial Services had a return on equity of 13.87% and a net margin of 15.66%. The business had revenue of $65.34 million for the quarter, compared to analyst estimates of $36.73 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 Stock Up 1.6 %

FBIZ traded up $0.71 on Thursday, hitting $45.89. 14,514 shares of the company were exchanged, compared to its average volume of 15,241. First Business Financial Services has a 12 month low of $28.35 and a 12 month high of $47.23. The company has a market cap of $380.38 million, a PE ratio of 10.41 and a beta of 0.82. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.07 and a current ratio of 1.08. The stock's fifty day moving average is $43.45 and its 200-day moving average is $38.73.

First Business Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Thursday, August 8th were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, August 8th. This represents a $1.00 annualized dividend and a yield of 2.18%. First Business Financial Services's dividend payout ratio is 23.04%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. DA Davidson upgraded First Business Financial Services from a "neutral" rating to a "buy" rating and upped their price objective for the company from $36.00 to $50.00 in a research note on Monday, August 5th. StockNews.com upgraded First Business Financial Services from a "hold" rating to a "buy" rating in a research note on Thursday, October 10th. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a $51.00 target price (up previously from $48.00) on shares of First Business Financial Services in a research report on Monday, July 29th. Finally, Piper Sandler upped their target price on First Business Financial Services from $44.00 to $56.00 and gave the company an "overweight" rating in a research report on Monday, July 29th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, First Business Financial Services currently has a consensus rating of "Buy" and an average target price of $50.75.

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.