Brokerages expect First Business Financial Services Inc (NASDAQ:FBIZ) to post earnings of $0.39 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for First Business Financial Services’ earnings. The lowest EPS estimate is $0.37 and the highest is $0.40. First Business Financial Services posted earnings per share of $0.46 during the same quarter last year, which would suggest a negative year over year growth rate of 15.2%. The business is scheduled to announce its next earnings report on Thursday, January 25th.

According to Zacks, analysts expect that First Business Financial Services will report full year earnings of $1.30 per share for the current fiscal year, with EPS estimates ranging from $1.28 to $1.31. For the next fiscal year, analysts expect that the company will report earnings of $1.76 per share, with EPS estimates ranging from $1.74 to $1.78. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover First Business Financial Services.

First Business Financial Services (NASDAQ:FBIZ) last posted its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.30 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.14). The business had revenue of $19.22 million during the quarter, compared to analysts’ expectations of $20.00 million. First Business Financial Services had a return on equity of 7.20% and a net margin of 12.63%.

FBIZ has been the topic of several research reports. TheStreet raised shares of First Business Financial Services from a “c+” rating to a “b-” rating in a research note on Tuesday, December 5th. ValuEngine raised shares of First Business Financial Services from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st. Keefe, Bruyette & Woods reissued a “hold” rating on shares of First Business Financial Services in a research note on Wednesday, November 1st. Finally, Zacks Investment Research raised shares of First Business Financial Services from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd.

First Business Financial Services (NASDAQ FBIZ) opened at $22.51 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $195.19, a PE ratio of 16.43, a PEG ratio of 2.19 and a beta of 0.97. First Business Financial Services has a 52 week low of $20.57 and a 52 week high of $28.43.

In other news, Director John J. Harris bought 2,000 shares of First Business Financial Services stock in a transaction on Thursday, November 2nd. The shares were bought at an average cost of $22.52 per share, with a total value of $45,040.00. Following the completion of the purchase, the director now directly owns 10,000 shares of the company’s stock, valued at $225,200. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Charles H. Batson sold 2,300 shares of First Business Financial Services stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $21.10, for a total transaction of $48,530.00. Following the transaction, the insider now directly owns 27,527 shares in the company, valued at $580,819.70. The disclosure for this sale can be found here. 8.30% of the stock is owned by insiders.

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of First Business Financial Services by 61.9% in the 2nd quarter. Vanguard Group Inc. now owns 334,887 shares of the financial services provider’s stock valued at $7,729,000 after acquiring an additional 128,039 shares during the period. Northern Trust Corp raised its stake in shares of First Business Financial Services by 101.5% in the 2nd quarter. Northern Trust Corp now owns 166,871 shares of the financial services provider’s stock valued at $3,851,000 after acquiring an additional 84,058 shares during the period. Banc Funds Co. LLC raised its stake in shares of First Business Financial Services by 3.0% in the 2nd quarter. Banc Funds Co. LLC now owns 786,198 shares of the financial services provider’s stock valued at $18,145,000 after acquiring an additional 22,770 shares during the period. State Street Corp raised its stake in shares of First Business Financial Services by 13.5% in the 2nd quarter. State Street Corp now owns 150,856 shares of the financial services provider’s stock valued at $3,481,000 after acquiring an additional 17,984 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of First Business Financial Services by 7.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 249,582 shares of the financial services provider’s stock valued at $5,678,000 after acquiring an additional 17,457 shares during the period. 58.93% of the stock is currently owned by institutional investors.

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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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