First Business Financial Services, Inc. (FBIZ)

NASDAQ: FBIZ · Real-Time Price · USD

74.87

-2.44 (-3.16%)

Nov 5, 2026, 4:00 PM EST - Market closed

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	Sep '26 Sep 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	171.91	159.97	144.63	135.71	131.72	118.57
Revenue Growth	8.77%	10.61%	6.57%	3.03%	11.09%	39.80%
Net Income	55.87	48.49	42.34	35.21	39.07	34.7
Earnings Per Share	6.81	5.94	5.20	4.33	4.75	4.17
EPS Growth	12.24%	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	Sep '26 Sep 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	112.25	68.3	95.66	88.31	94.76	36.45
Total Debt	257.26	296.34	385.04	391.82	528.4	447.22
Net Cash (Debt)	-145.01	-228.04	-289.38	-303.51	-433.64	-410.76
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-17.68	-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	Sep '26 Sep 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	68.49	61.7	57.49	52.29	38.65	35.99
Capital Expenditures	-0.64	-0.6	-0.22	-2.88	-3.22	-0.39
Free Cash Flow	67.85	61.1	57.27	49.41	35.42	35.6
Free Cash Flow Growth	1.39%	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	Sep '26 Sep 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	32.50%	30.31%	29.27%	25.95%	29.66%	29.27%
FCF Margin	39.47%	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	Nov '26 Nov 6, 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	17.24%	16.00%	9.89%	15.19%	9.72%	9.09%
Dividend Yield	1.82%	2.14%	2.16%	2.27%	2.14%	2.49%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 6, 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	10.99	9.32	9.07	9.47	7.89	7.05
Forward PE	10.57	9.41	9.11	8.65	8.36	8.62
P/FCF Ratio	9.19	7.40	6.71	6.75	8.70	6.88
PS Ratio	3.63	2.83	2.66	2.46	2.34	2.06