First Business Financial Services, Inc. (FBIZ)

Price$58.79

Favorite Metrics

Price vs S&P 500 (26W)13.03%

Price vs S&P 500 (4W)5.29%

Market Capitalization$498.11M

P/E Ratio (Annual)9.90x

Indicated Dividend Yield (Annual)2.29%

All Metrics

P/CF (Annual)8.07x

Book Value / Share (Quarterly)$44.63

P/TBV (Annual)1.26x

Indicated Dividend (Annual)$1.16

Revenue Growth (3Y)5.95%

Cash Flow / Share (Quarterly)$7.34

Payout Ratio (TTM)20.99%

Price vs S&P 500 (YTD)5.13%

Net Profit Margin (TTM)26.41%

EPS (TTM)$6.17

10-Day Avg Trading Volume0.07M

EPS Excl Extra (TTM)$6.17

Revenue Growth (5Y)9.87%

EPS (Annual)$6.17

Dividend / Share (Annual)$1.27

ROI (Annual)11.80%

Net Profit Margin (5Y Avg)25.45%

Cash / Share (Quarterly)$2.80

P/E Basic Excl Extra (TTM)9.90x

Revenue Growth QoQ (YoY)60.26%

EPS Growth (5Y)24.97%

P/E Normalized (Annual)9.90x

ROA (Last FY)1.23%

Revenue Growth TTM (YoY)67.39%

EBITD / Share (TTM)$7.88

ROE (5Y Avg)14.18%

Operating Margin (TTM)33.33%

Cash Flow / Share (Annual)$7.34

P/B Ratio1.34x

P/B Ratio (Quarterly)1.22x

Net Income / Employee (Annual)$0

ROA (TTM)1.25%

EPS Growth QoQ (YoY)-7.85%

EV / EBITDA (TTM)8.61x

EPS Incl Extra (Annual)$6.17

3-Month Avg Trading Volume0.03M

52-Week Price Return27.71%

EV / Free Cash Flow (Annual)9.05x

P/E Incl Extra (TTM)9.90x

Tangible BV / Share (Quarterly)$43.19

P/S Ratio (Annual)2.21x

52-Week High$60.53

Operating Margin (5Y Avg)30.52%

EPS Excl Extra (Annual)$6.17

CapEx CAGR (5Y)18.01%

Tangible BV CAGR (5Y)13.13%

26-Week Price Return21.78%

13-Week Price Return6.21%

Total Debt / Equity (Annual)0.15x

Enterprise Value$552.914

Revenue / Share Growth (5Y)11.61%

Book Value / Share Growth (5Y)13.24%

Revenue / Employee (Annual)$393,991

Pretax Margin (Annual)40.86%

Cash / Share (Annual)$3.09

3-Month Return Std Dev25.75%

Net Income / Employee (TTM)$0

EBITDA CAGR (5Y)24.16%

EBITDA Interim CAGR (5Y)15.67%

ROE (Last FY)13.54%

EPS Basic Excl Extra (Annual)$6.17

P/FCF (TTM)8.15x

EV / Free Cash Flow (TTM)9.05x

Total Debt / Equity (Quarterly)0.15x

EPS Incl Extra (TTM)$6.17

ROI (TTM)12.35%

Dividend Growth Rate (5Y)14.11%

P/S Ratio (TTM)2.00x

Pretax Margin (5Y Avg)30.52%

Revenue / Share (Annual)$15.54

Tangible BV / Share (Annual)$43.19

Forward P/E9.73x

Free OCF CAGR (5Y)18.29%

Price vs S&P 500 (52W)-7.38%

P/E Ratio (TTM)9.90x

EPS Growth TTM (YoY)-5.52%

Year-to-Date Return9.26%

5-Day Price Return1.04%

EPS Normalized (Annual)$6.17

ROA (5Y Avg)1.23%

Net Profit Margin (Annual)31.96%

Month-to-Date Return10.01%

Cash Flow / Share (TTM)$4.96

EBITD / Share (Annual)$7.87

EPS Growth (3Y)7.34%

Operating Margin (Annual)40.86%

LT Debt / Equity (Annual)0.15x

P/CF (TTM)8.07x

ROI (5Y Avg)12.15%

P/E Excl Extra (TTM)9.90x

LT Debt / Equity (Quarterly)0.15x

EPS Basic Excl Extra (TTM)$6.17

P/TBV (Quarterly)1.26x

Payout Ratio (Annual)20.99%

P/B Ratio (Annual)1.22x

Dividend / Share (TTM)$1.27

Pretax Margin (TTM)33.33%

Book Value / Share (Annual)$44.63

Price vs S&P 500 (13W)3.35%

Net Margin Growth (5Y)14.53%

Dividend Yield (TTM)2.12%

Beta0.74x

P/FCF (Annual)8.15x

Revenue / Share (TTM)$17.43

ROE (TTM)14.27%

52-Week Low$45.61

Analyst Recommendations

Jan 2026

Feb 2026

Mar 2026

Apr 2026

4.18

4.10

4.09

Industry Peers — State Banks(184)

Symbol	P/B Ratio (Quarterly)	ROE (TTM)	ROA (TTM)	Net Interest Coverage (TTM)	Price
FBIZFirst Business Financial Services, Inc.	1.22x	14.27%	1.25%	—	$58.79
ITUBItau Unibanco Holding S.A. American Depositary Shares	2.03x	20.76%	1.50%	—	$9.28
BNSBank of Nova Scotia	1.45x	10.41%	0.62%	—	$76.78
BKBank of New York Mellon Corporation	1.83x	12.66%	1.20%	—	$135.37
FITBFifth Third Bancorp	1.23x	8.86%	0.93%	—	$50.98
FITBIFifth Third Bancorp Depositary Shares	1.23x	8.86%	0.93%	—	$25.31
FITBMFifth Third Bancorp Depositary Shares Representing a 1/40th Ownership Interest in a Share of 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series M	1.23x	8.86%	0.93%	—	$25.88
FITBOFifth Third Bancorp Depositary Shares each representing a 1/1000th ownership interest in a share of Non-Cumulative Perpetual Preferred Stock, Series K	1.23x	8.86%	0.93%	—	$19.50
FITBPFifth Third Bancorp Depositary Shares each representing 1/40th share of Fifth Third 6.00% Non-Cumulative Perpetual Class B Preferred Stock, Series A	1.23x	8.86%	0.93%	—	$24.18
BBDBanco Bradesco S.A. American Depositary Shares (Each representing one Preferred Shares)	1.04x	9.84%	0.81%	—	$4.19
BBDOBanco Bradesco S.A. American Depositary Shares (Each representing one Common Share, no par value)	1.04x	9.84%	0.81%	—	$3.73

About

First Business Financial Services Inc is a bank holding company specializing in commercial banking for small and medium-sized businesses, business owners, executives, and high-net-worth individuals. The company offers a comprehensive suite of lending products including commercial and real estate loans, SBA lending, equipment financing, and asset-based lending, as well as treasury management, deposits, and investment services. It operates across the United States.