$55.79
-2.8%First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals. The company offers deposit products, such as non-interest-bearing transaction accounts, interest-bearing transaction accounts, money market accounts, time deposits, and certificates of deposit, as well as credit cards. It also provides loan products, including commercial real estate loans, commercial and industrial loans, small business administration loans, and direct financing leases, as well as consumer and other loans comprising home equity, first and second mortgage, and other personal loans for professional and executive clients. The company offers commercial lending, asset-based lending, equipment financing, accounts receivable financing, vendor financing, floorplan financing, treasury management services, and company retirement plans; trust and estate administration, financial planning, investment management, and private banking services; and investment portfolio administrative, asset-liability management, and asset-liability management process validation services for other financial institutions. First Business Financial Services, Inc. was founded in 1909 and is headquartered in Madison, Wisconsin.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Strong net margins indicate efficient operations and favorable tax/interest management.
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
FBIZ โข NASDAQ
| First Business Financial Services, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
279.2M | 262.4M | 226.2M | 150.8M | 124.1M | 118.7M | 121.4M | 107.4M | 89.7M | 92.4M | 89.5M | 67.8M | 62.3M | 63.5M | 63.3M | 63.4M | 62.8M | 64.9M | 63.9M | 51.3M | |
GROSS PROFIT | ||||||||||||||||||||
(119.3M) | (117.8M) | (90.5M) | (19.1M) | (5.5M) | (33.9M) | (34.5M) | (31.3M) | (23.6M) | (24.7M) | (17.2M) | (12.8M) | (10.7M) | (21.1M) | (25M) | (31.7M) | (36.5M) | (37.8M) | (39.2M) | (30.2M) | |
160M | 144.6M | 135.7M | 131.7M | 118.6M | 84.8M | 86.9M | 76M | 66.1M | 67.7M | 72.3M | 55M | 51.5M | 42.3M | 38.3M | 31.7M | 26.3M | 27.1M | 24.7M | 21.1M | |
OPERATING INCOME | ||||||||||||||||||||
(99.5M) | (93.5M) | (88.6M) | (79.5M) | (71.5M) | (66.5M) | (62.4M) | (58.4M) | (51.8M) | (50.7M) | (47.4M) | (33.8M) | (30.4M) | (28.7M) | (26.4M) | (28.4M) | (24.5M) | (21.9M) | (19.7M) | (15.7M) | |
(76.7M) | (72.3M) | (66.2M) | (61.1M) | (54.9M) | (48.7M) | (50.9M) | (46.4M) | (43.8M) | (42.9M) | (38.6M) | (26.9M) | (24.1M) | (22.4M) | (19.6M) | (19.5M) | (17.6M) | (15M) | (13.2M) | (10.2M) | |
60.5M | 51.2M | 47.1M | 52.2M | 47M | 18.3M | 24.5M | 17.7M | 14.2M | 17.1M | 24.9M | 21.2M | 21.1M | 13.7M | 11.9M | 3.3M | 1.8M | 5.2M | 5.1M | 5.4M | |
PRE-TAX INCOME | ||||||||||||||||||||
(110.6M) | (108.9M) | (82.3M) | (22.9M) | (11.3M) | (17.1M) | (32.2M) | (23.9M) | (15.2M) | (14.8M) | (13.8M) | (11.6M) | (11.7M) | (16.9M) | (20.8M) | (24.7M) | (28.3M) | (33.5M) | (36.3M) | (28.7M) | |
136.7M | 124.2M | 112.6M | 98.4M | 84.7M | 77.1M | 69.9M | 67.3M | 60.6M | 63.3M | 58.6M | 46.1M | 42.1M | 37.9M | 35.5M | 32M | 28M | 26.3M | 23.2M | 19M | |
(22.8M) | (21.2M) | (22.4M) | (18.3M) | (16.7M) | (17.8M) | (11.6M) | (11.9M) | (8.1M) | (7.8M) | (8.7M) | (6.8M) | (6.2M) | (6.2M) | (6.8M) | (8.8M) | (6.9M) | (6.9M) | (6.5M) | (5.5M) | |
60.5M | 51.2M | 47.1M | 52.2M | 47M | 18.3M | 24.5M | 17.7M | 14.2M | 17.1M | 24.9M | 21.2M | 21.1M | 13.7M | 11.9M | 3.3M | 1.8M | 5.2M | 5.1M | 5.4M | |
NET INCOME | ||||||||||||||||||||
(10.1M) | (6.9M) | (10.1M) | (11.4M) | (11.3M) | (1.3M) | (1.2M) | (1.4M) | (2.3M) | (2.2M) | (8.4M) | (7.1M) | (7.4M) | (4.8M) | (3.4M) | (2.3M) | (717K) | (2.1M) | (1.8M) | (1.7M) | |
50.3M | 44.2M | 37M | 40.9M | 35.8M | 17M | 23.3M | 16.3M | 11.9M | 14.9M | 16.5M | 14.1M | 13.7M | 8.9M | 8.4M | 941K | 1M | 3.1M | 3.3M | 3.7M |
FBIZ - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 22, 2026 | 2026 | |
8-K/A 8-K/A 2026 (Amended) N/A | May 11, 2026 | April 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 24, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 24, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 16, 2026 | April 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 14, 2026 | April 09, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 05, 2026 | March 05, 2026 | 2026 |
Continue your FBIZ research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.