First Business Financial Services

Company Profile

First Business Financial Services had its IPO on 2005-10-07 under the ticker symbol FBIZ.

The company operates in the Financial Services sector and Banks-Regional industry. First Business Financial Services has a staff strength of 337 employees.

Stock update

Shares of First Business Financial Services opened at $29.86 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $29.86 - $30.81, and closed at $30.57.

This is a +1.49% increase from the previous day's closing price.

A total volume of 13,497 shares were traded at the close of the day’s session.

In the last one week, shares of First Business Financial Services have slipped by -2.18%.

First Business Financial Services's Key Ratios

First Business Financial Services has a market cap of $251.42 million, indicating a price to book ratio of 1.3139 and a price to sales ratio of 2.4863.

In the last 12-months First Business Financial Services’s revenue was $131.72 million with a gross profit of $131.72 million and an EBITDA of $0. The EBITDA ratio measures First Business Financial Services's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First Business Financial Services’s operating margin was 40.47% while its return on assets stood at 1.45% with a return of equity of 16.57%.

In Q4, First Business Financial Services’s quarterly earnings growth was a positive 17.5% while revenue growth was a positive 16.3%.

First Business Financial Services’s PE and PEG Ratio

Forward PE

8.8339

Trailing PE

6.5054

PEG

1.89

Its diluted EPS in the last 12-months stands at $4.63 per share while it has a forward price to earnings multiple of 8.8339 and a PEG multiple of 1.89. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Business Financial Services’s profitability.

First Business Financial Services stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.4863.

First Business Financial Services stock pays annual dividends of $0.79 per share, indicating a yield of 2.94% and a payout ratio of 17.3%.

Balance sheet and cash flow metrics

Total Assets

$2.98 billion

Total Liabilities

$2.17 billion

Operating Cash Flow

$-128234000.00

Capital Expenditure

$1.38 million

Dividend Payout Ratio

17.3%

First Business Financial Services ended 2023 with $2.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.98 billion while shareholder equity stood at $260.64 million.

First Business Financial Services ended 2023 with $0 in deferred long-term liabilities, $2.17 billion in other current liabilities, 94000.00 in common stock, $203.51 million in retained earnings and $10.70 million in goodwill. Its cash balance stood at $102.68 million and cash and short-term investments were $314.71 million. The company’s total short-term debt was $0 while long-term debt stood at $61.42 million.

First Business Financial Services’s total current assets stands at $2.58 billion while long-term investments were $2.71 billion and short-term investments were $212.02 million. Its net receivables were $75.26 million compared to accounts payable of $19.36 million and inventory worth $0.

In 2023, First Business Financial Services's operating cash flow was $-128234000.00 while its capital expenditure stood at $1.38 million.

Comparatively, First Business Financial Services paid $0.17 in dividends in 2023.

Other key metrics

Current Trading Price

$30.57

52-Week High

$39.6277

52-Week Low

$29.3231

Analyst Target Price

$41.25

First Business Financial Services stock is currently trading at $30.57 per share. It touched a 52-week high of $39.6277 and a 52-week low of $39.6277. Analysts tracking the stock have a 12-month average target price of $41.25.

Its 50-day moving average was $34.33 and 200-day moving average was $34.32 The short ratio stood at 6.84 indicating a short percent outstanding of 0%.

Around 560.6% of the company’s stock are held by insiders while 6713.9% are held by institutions.