Equities analysts expect First Business Financial Services Inc (NASDAQ:FBIZ) to announce earnings per share (EPS) of $0.39 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for First Business Financial Services’ earnings. The lowest EPS estimate is $0.38 and the highest is $0.40. First Business Financial Services also reported earnings per share of $0.39 in the same quarter last year. The company is expected to announce its next earnings report on Thursday, April 26th.

According to Zacks, analysts expect that First Business Financial Services will report full-year earnings of $1.87 per share for the current year, with EPS estimates ranging from $1.83 to $1.92. For the next fiscal year, analysts expect that the company will post earnings of $2.14 per share, with EPS estimates ranging from $2.10 to $2.18. Zacks’ earnings per share averages are an average based on a survey of analysts that cover First Business Financial Services.

First Business Financial Services (NASDAQ:FBIZ) last posted its earnings results on Thursday, January 25th. The financial services provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.06. The company had revenue of $18.88 million for the quarter, compared to the consensus estimate of $19.69 million. First Business Financial Services had a return on equity of 7.17% and a net margin of 12.87%.

A number of equities research analysts have issued reports on the company. Zacks Investment Research upgraded First Business Financial Services from a “strong sell” rating to a “hold” rating and set a $25.00 price objective on the stock in a research report on Monday, January 1st. TheStreet upgraded First Business Financial Services from a “c+” rating to a “b-” rating in a research report on Tuesday, December 5th. Keefe, Bruyette & Woods restated a “hold” rating on shares of First Business Financial Services in a research report on Wednesday, November 1st. Finally, ValuEngine upgraded First Business Financial Services from a “hold” rating to a “buy” rating in a research report on Tuesday, October 31st.

In other First Business Financial Services news, insider Daniel Ovokaitys sold 1,077 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $24.18, for a total transaction of $26,041.86. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 6.60% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its holdings in shares of First Business Financial Services by 2.2% in the second quarter. The Manufacturers Life Insurance Company now owns 496,849 shares of the financial services provider’s stock worth $11,467,000 after buying an additional 10,857 shares during the period. BlackRock Inc. raised its holdings in shares of First Business Financial Services by 0.8% in the fourth quarter. BlackRock Inc. now owns 417,491 shares of the financial services provider’s stock worth $9,236,000 after buying an additional 3,455 shares during the period. Vanguard Group Inc. raised its holdings in shares of First Business Financial Services by 61.9% in the second quarter. Vanguard Group Inc. now owns 334,887 shares of the financial services provider’s stock worth $7,729,000 after buying an additional 128,039 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of First Business Financial Services by 7.5% in the third quarter. Dimensional Fund Advisors LP now owns 249,582 shares of the financial services provider’s stock worth $5,678,000 after buying an additional 17,457 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of First Business Financial Services by 101.5% in the second quarter. Northern Trust Corp now owns 166,871 shares of the financial services provider’s stock worth $3,851,000 after buying an additional 84,058 shares during the period. Hedge funds and other institutional investors own 58.70% of the company’s stock.

First Business Financial Services (FBIZ) traded down $0.04 during trading hours on Monday, hitting $24.01. The company had a trading volume of 33,147 shares, compared to its average volume of 17,229. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $210.76, a P/E ratio of 17.53, a P/E/G ratio of 1.61 and a beta of 1.01. First Business Financial Services has a 12 month low of $20.57 and a 12 month high of $28.43.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Monday, February 5th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, February 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 2.33%. First Business Financial Services’s dividend payout ratio (DPR) is presently 40.88%.

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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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