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FBIZ

First Business Financial Services, Inc.

FBIZ

NASDAQ·Financial Services·Banks - Regional·Mkt cap $609.0M

$72.83

+1.10%

P/E

10.89

Mkt Cap

$609.0M

52-Wk Range

$46.07–$73.48

52-Week Range

$46.07 - $73.48

P/E

10.89

Fwd P/E

11.17

Beta

0.65

Div Yield

1.80%

Avg Vol

52.2K

Shares Out

8.3M

Mkt Cap

$609.0M

Price action

Price chart

Up 39.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Specialized focus on SMB and professional markets with deep local expertise
  • Diversified revenue model spanning lending, deposits, and fee-based services
  • Long operating history (since 1909) with established regional relationships and brand recognition
  • Niche expertise in equipment financing, asset-based lending, and SBA lending
  • Personalized relationship banking model vs. impersonal national bank competitors

Bear Case

1 risk

  • Low volatility (beta 0.6).

Growth

Revenue decline expected

Expansion of commercial real estate and C&I lending portfolios

Value

Valued in line with Commercial Banking peers (0.9x).

Momentum

Hot

+24.7% over 3m

Quality

Strong

Emerging growth company (26% revenue growth). Early stage with higher risk.

Dividend

Modest

1.80% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 29, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $1.84 vs $1.56 consensus (+17.9% surprise). Revenue of $46.7M vs $45.4M expected (+2.8%). Beat on both top and bottom lines.

EPS beat +17.9%
Rev beat +2.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+17.9%

Revenue trend · last 8Q

+12%

+13%

+8%

+17%

+71%

-8%

-5%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$38.1M

$41.2M

$67.1M

$68.5M

$73.4M

$70.2M

$61.9M

$65.0M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

24.0%

Wall Street consensus

2 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Piper Sandler · Aug 3, 2026

vs Industry

How FBIZ stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.