Press coverage about First Business Financial Services (NASDAQ:FBIZ) has been trending positive this week, Alpha One Sentiment reports. Alpha One, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Business Financial Services earned a media sentiment score of 0.29 on Alpha One’s scale. Alpha One also gave media coverage about the financial services provider an impact score of 42 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
First Business Financial Services (NASDAQ:FBIZ) traded down 0.47% during midday trading on Friday, hitting $23.05. 10,778 shares of the stock traded hands. The company has a market cap of $200.95 million, a P/E ratio of 14.59 and a beta of 0.86. The company’s 50 day moving average is $25.48 and its 200-day moving average is $24.11. First Business Financial Services has a one year low of $18.76 and a one year high of $28.43.
First Business Financial Services (NASDAQ:FBIZ) last posted its quarterly earnings data on Thursday, April 27th. The financial services provider reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.01. First Business Financial Services had a net margin of 15.37% and a return on equity of 9.36%. The company had revenue of $18.95 million during the quarter, compared to analyst estimates of $19.42 million. On average, equities research analysts forecast that First Business Financial Services will post $1.77 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 25th. Stockholders of record on Thursday, May 11th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, May 9th. This represents a $0.52 annualized dividend and a dividend yield of 2.25%. First Business Financial Services’s dividend payout ratio (DPR) is 30.59%.
A number of brokerages recently commented on FBIZ. Keefe, Bruyette & Woods downgraded shares of First Business Financial Services from an “outperform” rating to a “mkt perform” rating in a research note on Tuesday, May 2nd. Zacks Investment Research raised shares of First Business Financial Services from a “sell” rating to a “hold” rating in a report on Friday, March 17th. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $26.25.
In other First Business Financial Services news, SVP Jodi A. Chandler sold 4,415 shares of the firm’s stock in a transaction dated Thursday, March 16th. The shares were sold at an average price of $25.34, for a total value of $111,876.10. Following the completion of the transaction, the senior vice president now directly owns 21,267 shares in the company, valued at $538,905.78. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jerome J. Smith sold 1,250 shares of the firm’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $24.83, for a total transaction of $31,037.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 37,909 shares of company stock valued at $946,440. Insiders own 8.30% of the company’s stock.
First Business Financial Services Company Profile
First Business Financial Services, Inc (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks).
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