Wall Street analysts predict that First Business Financial Services, Inc. (NASDAQ:FBIZ) will post $0.44 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have made estimates for First Business Financial Services’ earnings. The lowest EPS estimate is $0.41 and the highest is $0.46. First Business Financial Services posted earnings per share of $0.29 in the same quarter last year, which would indicate a positive year-over-year growth rate of 51.7%. The business is scheduled to issue 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 year, with EPS estimates ranging from $1.46 to $1.55. For the next financial year, analysts expect that the business will post earnings of $1.94 per share, with EPS estimates ranging from $1.83 to $2.05. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that that provide coverage for 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 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.19. First Business Financial Services had a return on equity of 7.25% and a net margin of 12.64%. The business had revenue of $20.22 million during the quarter, compared to the consensus estimate of $19.45 million.

A number of equities analysts recently commented on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $25.00 target price on shares of First Business Financial Services in a research report on Thursday, August 3rd. Zacks Investment Research cut shares of First Business Financial Services from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Finally, TheStreet cut shares of First Business Financial Services from a “b” rating to a “c+” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $26.00.

Shares of First Business Financial Services (FBIZ) opened at 21.28 on Tuesday. The company has a market cap of $185.46 million, a PE ratio of 15.56 and a beta of 0.95. The firm’s 50-day moving average is $22.43 and its 200-day moving average is $24.23. First Business Financial Services has a 12 month low of $18.76 and a 12 month high of $28.43.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 17th. Shareholders of record on Monday, August 7th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Thursday, August 3rd. First Business Financial Services’s payout ratio is 38.24%.

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In other First Business Financial Services news, Director Jerome J. Smith sold 1,475 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $21.40, for a total value of $31,565.00. Following the transaction, the director now owns 1,250 shares in the company, valued at $26,750. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Charles H. Batson sold 2,300 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $21.25, for a total transaction of $48,875.00. Following the completion of the transaction, the insider now owns 26,907 shares in the company, valued at approximately $571,773.75. The disclosure for this sale can be found here. 6.60% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the stock. American International Group Inc. boosted its position in First Business Financial Services by 7.2% in the first quarter. American International Group Inc. now owns 4,973 shares of the financial services provider’s stock worth $129,000 after buying an additional 333 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in First Business Financial Services during the second quarter worth about $201,000. Rhumbline Advisers boosted its position in First Business Financial Services by 5.3% in the second quarter. Rhumbline Advisers now owns 9,351 shares of the financial services provider’s stock worth $216,000 after buying an additional 470 shares during the last quarter. OppenheimerFunds Inc. purchased a new position in First Business Financial Services during the first quarter worth about $281,000. Finally, Bessemer Group Inc. boosted its position in First Business Financial Services by 2.5% in the second quarter. Bessemer Group Inc. now owns 12,100 shares of the financial services provider’s stock worth $279,000 after buying an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 58.61% of the company’s stock.

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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