FBIZNasdaqState Commercial BanksFiscal year ends December 31
FIRST BUSINESS FINANCIAL SERVICES, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$69.80−0.72 (-1.02%)
Close on Oct 19, 2026
- Market cap
- $572.92M
- P/E (TTM)
- 10.6
- Dividend yield
- 1.66%
First Business Financial Services statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of State Commercial Banks companies for comparison
Valuation
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Market Cap | $584.11M | $679.86M |
| Enterprise Value | $420.75M | $418.07M |
| PE Ratio | 10.64 | 12.00 |
| PS Ratio | 3.29 | 3.62 |
| PB Ratio | 1.48 | 1.18 |
| P/TBV Ratio | 1.48 | 1.42 |
| P/FCF Ratio | 7.22 | 10.93 |
| P/OCF Ratio | 7.18 | 10.04 |
Enterprise value
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| EV / Sales | 2.37 | 2.78 |
| EV / FCF | 5.20 | 8.40 |
Income (trailing twelve months)
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Revenue | $177.75M | $170.85M |
| Pretax Income | $64.80M | $70.12M |
| Net Income | $55.51M | $54.33M |
| EPS (Diluted) | $6.56 | $2.90 |
Margins
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Pretax Margin | 36.5% | 36.4% |
| Profit Margin | 31.2% | 29.1% |
| FCF Margin | 45.5% | 33.0% |
Returns
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Return on Equity (ROE) | 15.0% | 10.5% |
| Return on Assets (ROA) | 1.32% | 1.12% |
Growth
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 10.3% | 11.8% |
| Net Income Growth (YoY) | 16.8% | 23.1% |
| EPS Growth (YoY) | 16.7% | 22.7% |
| FCF Growth (YoY) | 28.3% | 27.1% |
| Revenue Growth (3Y CAGR) | 9.67% | 5.82% |
| Revenue Growth (5Y CAGR) | 10.1% | 6.17% |
| EPS Growth (3Y CAGR) | 7.74% | 1.26% |
| EPS Growth (5Y CAGR) | 24.7% | 8.24% |
Balance sheet
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $163.36M | $205.54M |
| Net Cash (Debt) | $163.36M | $164.40M |
| Net Cash Per Share | $19.52 | $8.13 |
| Equity (Book Value) | $395.31M | $560.44M |
| Book Value Per Share | $47.24 | $28.47 |
| Tangible Book Value | $395.31M | $472.29M |
Cash flow (trailing twelve months)
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Operating Cash Flow | $81.40M | $61.20M |
| Capital Expenditures | -$484.00K | -$4.02M |
| Free Cash Flow | $80.91M | $52.43M |
| FCF Per Share | $9.67 | $3.07 |
Efficiency
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Asset Turnover | 0.04 | 0.04 |
| Revenue Per Employee | $515.23K | $357.09K |
| Profits Per Employee | $160.89K | $107.23K |
| Employee Count | 345 | 528 |
Dividends and yields
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Earnings Yield | 9.50% | 8.07% |
| FCF Yield | 13.9% | 8.89% |
| Dividend Yield | 1.66% | 2.48% |
| Buyback Yield | 0.29% | 1.52% |
| Shareholder Yield | 1.96% | 3.13% |
| Dividend Per Share | $1.16 | $0.93 |
| Dividend Growth (YoY) | 16.0% | 4.26% |
| Years of Dividend Growth | 11 | 2 |
| Payout Ratio | 19.2% | 29.4% |
| FCF Payout Ratio | 13.2% | 26.0% |
Shares
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Shares Outstanding | 8,368,320 | 18,910,300 |
| Shares Change (YoY) | 0.65% | 0.39% |
| Shares Change (QoQ) | 0.30% | 0.00% |
| Float | 7,809,550 | 16,895,350 |
| Shares Held by Insiders | 6.68% | 5.92% |
| Shares Held by Institutions | 71.0% | 61.9% |
Taxes
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Income Tax | $9.29M | $14.50M |
| Effective Tax Rate | 14.3% | 21.1% |
Scores
| Measure | First Business Financial Services | Industry median |
|---|---|---|
| Graham Number | $83.50 | $45.31 |
| Graham Upside | 19.6% | 21.6% |
| Altman Z-Score | 0.23 | 0.21 |
| Piotroski F-Score | 6 | 6 |
Calculated by StockData from First Business Financial Services's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.