First Business Financial Services (NASDAQ:FBIZ) Releases Earnings Results, Beats Estimates By $0.28 EPS

First Business Financial Services (NASDAQ:FBIZ) released its quarterly earnings results on Thursday. The financial services provider reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.28, FiscalAI reports. The business had revenue of $47.51 million during the quarter, compared to analysts’ expectations of $46.88 million. First Business Financial Services had a return on equity of 15.27% and a net margin of 19.93%.

First Business Financial Services Trading Up 2.2%

FBIZ opened at $75.40 on Friday. First Business Financial Services has a 52 week low of $47.87 and a 52 week high of $77.18. The business has a fifty day simple moving average of $70.99 and a 200-day simple moving average of $62.34. The firm has a market cap of $631.10 million, a P/E ratio of 11.07 and a beta of 0.67. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.90.

First Business Financial Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Thursday, November 12th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Thursday, November 12th. First Business Financial Services’s dividend payout ratio (DPR) is currently 20.73%.

Insider Activity

In related news, insider Jodi Chandler sold 675 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $70.19, for a total value of $47,378.25. Following the sale, the insider owned 22,550 shares in the company, valued at approximately $1,582,784.50. The trade was a 2.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 5.00% of the company’s stock.

Key Stories Impacting First Business Financial Services

Here are the key news stories impacting First Business Financial Services this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. First Business Financial Services reported earnings of $1.95 per share, ahead of the $1.67-$1.69 analyst consensus and up from $1.70 a year earlier. Revenue totaled $47.51 million, also above the $46.88 million estimate. The company reported a 19.28% net margin and 14.92% return on equity. First Business Financial Services Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Quarterly dividend announced. FBIZ declared a $0.34-per-share dividend, payable November 30 to shareholders of record on November 12. The dividend implies $1.36 in annualized payments and a yield of approximately 1.8%, potentially supporting the stock’s appeal to income-oriented investors. The ex-dividend date is November 12.
• Neutral Sentiment: Investors are reviewing additional operating metrics and management commentary. The company’s Q3 earnings presentation and related materials provide further detail on performance for the quarter ended September 2026, but no separate material negative development was identified in the supplied reports. First Business Financial Services 2026 Q3 Results Earnings Call Presentation

Analysts Set New Price Targets

Several analysts recently issued reports on FBIZ shares. Piper Sandler restated an “overweight” rating and issued a $84.00 price objective (up from $70.00) on shares of First Business Financial Services in a report on Monday, August 3rd. Raymond James Financial assumed coverage on shares of First Business Financial Services in a research note on Thursday, October 1st. They set an “outperform” rating and a $75.00 target price for the company. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $74.00 target price (up from $68.00) on shares of First Business Financial Services in a research note on Monday, August 3rd. DA Davidson set a $80.00 price target on shares of First Business Financial Services and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings raised shares of First Business Financial Services from a “buy (a-)” rating to a “buy (a+)” rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $78.25.

About First Business Financial Services

First Business Financial Services, Inc is the bank holding company for First Business Bank, a commercial bank focused on serving small and middle-market businesses, business owners and professionals. The company provides relationship-based banking services through a specialized commercial banking model.

Its products and services include commercial and industrial loans, commercial real estate financing, equipment financing, Small Business Administration lending, business deposit accounts, treasury management and cash-management services.