First Business Financial Services, Inc. (FBIZ)

NASDAQ: FBIZ · Real-Time Price · USD

69.70

-0.54 (-0.77%)

Sep 23, 2026, 1:10 PM EDT - Market open

FBIZ Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	169.43	159.97	144.63	135.71	131.72	118.57
Revenue Growth	12.24%	10.61%	6.57%	3.03%	11.09%	39.80%
Net Income	53.66	48.49	42.34	35.21	39.07	34.7
Earnings Per Share	6.56	5.94	5.20	4.33	4.75	4.17
EPS Growth	17.11%	14.32%	20.00%	-8.82%	13.88%	111.67%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	79.09	68.3	95.66	88.31	94.76	36.45
Total Debt	393.23	296.34	385.04	391.82	528.4	447.22
Net Cash (Debt)	-314.14	-228.04	-289.38	-303.51	-433.64	-410.76
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-38.38	-27.95	-35.51	-37.33	-52.71	-49.40

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	81.4	61.7	57.49	52.29	38.65	35.99
Capital Expenditures	-0.48	-0.6	-0.22	-2.88	-3.22	-0.39
Free Cash Flow	80.91	61.1	57.27	49.41	35.42	35.6
Free Cash Flow Growth	28.29%	6.69%	15.91%	39.48%	-0.50%	35.00%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Profit Margin	31.67%	30.31%	29.27%	25.95%	29.66%	29.27%
FCF Margin	47.75%	38.20%	39.60%	36.41%	26.89%	30.03%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.360	1.160	1.000	0.910	0.790	0.720
Dividend Per Share Growth	16.96%	16.00%	9.89%	15.19%	9.72%	9.09%
Dividend Yield	1.95%	2.17%	2.25%	2.42%	2.38%	2.77%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	10.64	9.32	9.07	9.47	7.89	7.05
Forward PE	10.53	9.41	9.11	8.65	8.36	8.62
P/FCF Ratio	7.23	7.40	6.71	6.75	8.70	6.88
PS Ratio	3.45	2.83	2.66	2.46	2.34	2.06