CBIZ

CBIZ, Inc. engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services. The Benefits and Insurance Services segment includes group health benefits consulting, property and casualty brokerage, retirement plan services, and payroll. The National Practices segment deals with managed networking and hardware, and healthcare consulting. The company was founded by Michael G. DeGroote Sr. on October 17, 1996 and is headquartered in Cleveland, OH.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

CBIZ reports stellar Q4 results, eyes growth through acquisitions

CBIZ's Q4 2022 earnings call highlighted robust financial performance, strategic acquisitions, and positive growth outlook for 2023.
The company's focus on client retention, market expertise, and digital initiatives positions them well for future success.
While challenges exist in a competitive market, CBIZ's opportunities for expansion and profitability are notable.

CBIZ (CBZ) reports robust Q1 performance and optimistic full-year outlook

CBIZ (CBZ) delivers strong Q1 results, driven by revenue growth in key divisions. Challenges include labor constraints and market exposure, but opportunities lie in M&A and revenue strategies.

CBIZ reports strong Q2 performance, raises full-year revenue guidance

CBIZ delivered strong Q2 results with revenue growth across divisions and raised full-year guidance.
Challenges in Government Health Care consulting and tax business in California impacted earnings.
Opportunities lie in addressing challenges, optimizing revenue streams, and strategic growth focus.
Overall, CBIZ remains committed to growth targets and expresses confidence in future performance.

CBIZ reports robust Q3 performance, eyes growth through acquisitions

CBIZ delivered strong financial performance in Q3 2023, showcasing growth and resilience across its key business segments. Despite challenges with market shifts and capital losses, the company remains focused on margin improvement and strategic acquisitions for future growth.

CBIZ reports robust Q4 performance, eyes growth amid challenges

CBIZ delivered impressive financial results in Q4 2023, driven by revenue growth, acquisitions, and strong performance across divisions.
While facing challenges such as market uncertainties and operational complexities, CBIZ remains well-positioned to leverage opportunities for growth and innovation.
Investors can look forward to continued value creation as CBIZ maintains financial stability, pursues strategic acquisitions, and navigates industry dynamics.

CBIZ (CBZ) reports robust Q1 performance and strategic growth initiatives

CBIZ (CBZ) delivered a strong performance in Q1 2024, driven by revenue growth and strategic acquisitions.
The company's strengths lie in higher margins in advisory services, optimism across industries, and ongoing investments.
Challenges include managing interest expenses, M&A integration, and balancing investments for growth and profitability.
Opportunities for CBIZ (CBZ) include margin expansion, growth in client industries, and enhanced service offerings through acquisitions.

CBIZ reports revenue growth and strategic acquisition with Marcum

CBIZ's Q2 performance showed revenue growth and strategic acquisitions driving expansion.
While facing challenges in certain divisions, CBIZ's strong balance sheet and growth outlook remain positive.
The acquisition of Marcum presents significant revenue and client base expansion opportunities for CBIZ.

CBIZ reports robust Q3 results, eyes market leadership with Marcum acquisition

CBIZ delivered strong financial performance in Q3 2024, with revenue and earnings growth surpassing expectations.
While facing challenges related to external uncertainties, the company's strategic strengths and growth initiatives position it well for future opportunities.
By focusing on acquisitions, client relationships, and operational efficiency, CBIZ aims to sustain its growth trajectory and enhance shareholder value.

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CBIZ, Inc. engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services. The Benefits and Insurance Services segment includes group health benefits consulting, property and casualty brokerage, retirement plan services, and payroll. The National Practices segment deals with managed networking and hardware, and healthcare consulting. The company was founded by Michael G. DeGroote Sr. in 1987 and is headquartered in Independence, OH.

CBIZ (CBZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes CBIZ (CBZ) a New Strong Buy Stock

CLEVELAND, Jan. 10, 2022 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced today that it has acquired the non-attest assets of Marks Paneth LLP, effective January 1, 2022. Concurrent with this transaction, Mayer Hoffman McCann P.C.

CBIZ ACQUIRES MARKS PANETH LLP

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, announces that nominations are now open for its second-annual Women Transforming Business Award. The award, powered by CBIZ's Women's Advantage (“CWA”), honors leaders of influence who have made an impact in their communities and organizations by demonstrating financial, cultural or innovative strength. Nominations are now open and finalists will be announced on International Wo

Nominations Open for CBIZ 2022 Women Transforming Business Award

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CBIZ, Inc. (CBZ) CEO Jerome Grisko on Q3 2021 Results - Earnings Call Transcript

CBIZ (CBZ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

CBIZ (CBZ) Hits 52-Week High, Can the Run Continue?

CBIZ (CBZ) delivered earnings and revenue surprises of 41.38% and 5.57%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

CBIZ (CBZ) Q3 Earnings and Revenues Surpass Estimates

CLEVELAND, Oct. 28, 2021 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ", or the "Company") a leading provider of financial, insurance and advisory services, today announced results for the third quarter ended September 30, 2021. For the 2021 third quarter, CBIZ recorded revenue of $282.7 million, an increase of $44.3 million, or 18.6%, compared with $238.4 million reported for the same period in 2020.

CBIZ Reports Third-Quarter And Nine-Month 2021 Results And Raises Full-Year 2021 Guidance

CBIZ (CBZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate CBIZ (CBZ) to Report a Decline in Earnings: What to Look Out for

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CLEVELAND, Oct. 13, 2021 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the third quarter and nine month periods ended September 30, 2021, before markets opens on Thursday, October 28, 2021. A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11 a.m.

CBIZ to Announce Third-Quarter and Nine-Month 2021 Results on October 28, 2021

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the Q3 2021 CBIZ Main Street Index, which takes the pulse and gauges the outlook of small and mid-sized businesses (SMB). The findings reveal that while companies continue to be concerned about the effects of the COVID-19 pandemic, the majority are not mandating vaccines for their staff. Other top concerns among businesses include proposed changes to the nation's ta

Pending Tax Changes, Inflation and Supply Chain Management Rank as Top Concerns Among Small and Mid-Sized Businesses

CLEVELAND , Sept. 1, 2021 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced its wholly-owned subsidiary CBIZ MHM Northern California, LLC has acquired the non-attest assets of Shea Labagh Dobberstein ("SLD") of San Francisco, California, effective September 1, 2021.

CBIZ Acquires San Francisco Bay Accounting Provider Shea Labagh Dobberstein

CLEVELAND, Aug. 25, 2021 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, today announced it will host a virtual Investor Day on Tuesday, September 14, 2021. During the livestreamed event, members of CBIZ's senior leadership team will discuss the Company's strategy, financial performance and outlook before participating in a question-and-answer session.

CBIZ To Host Virtual Investor Day On September 14, 2021

CLEVELAND, Aug. 12, 2021 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, today announced the appointment of Richard T. Marabito as independent director to the Company's Board of Directors, effective August 12, 2021.

CBIZ Board Appoints Richard T. Marabito as Independent Director

CBIZ, Inc. (CBZ) CEO Jerry Grisko on Q2 2021 Results - Earnings Call Transcript

CBIZ (CBZ) delivered earnings and revenue surprises of 31.58% and 7.21%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

CBIZ (CBZ) Q2 Earnings and Revenues Beat Estimates

CLEVELAND, July 29, 2021 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) (the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the second quarter ended June 30, 2021. For the 2021 second quarter, CBIZ recorded revenue of $278.6 million, an increase of $41.7 million, or 17.6%, compared with the $236.9 million reported for the same period in 2020.

CBIZ Reports Second-Quarter And First-Half 2021 Results And Raises Full-Year 2021 Revenue Guidance

Earnings Preview: CBIZ (CBZ) Q2 Earnings Expected to Decline

CLEVELAND, July 15, 2021 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the second quarter and first half periods ended June 30, 2021 before markets opens on Thursday, July 29, 2021. A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11:00 a.m.

CBIZ to Announce Second-Quarter and First-Half 2021 Results on July 29, 2021

CLEVELAND, June 30, 2021 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, today announced an agreement to settle the previously disclosed University of Pittsburgh Medical Center ("UPMC") and UPMC Altoona v. CBIZ, Inc., CBIZ Benefits & Insurance Services, Inc. ("CBIZ Benefits"), and Jon S.

CBIZ Reaches Settlement Agreement With UPMC

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the Q2 2021 CBIZ Main Street Index to quantify the recovery of the small and mid-sized business (SMB) marketplace from the COVID-19 pandemic. The findings reveal that business owners are increasingly confident and the number of businesses reporting revenue growth has doubled, despite heightened challenges around reaching maximum staffing levels. The survey, which wa

Economic Recovery Outpaces Staffing Growth on Main Street

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading national provider of financial, insurance, advisory and other professional services, will anchor a new, Class A office building in Independence, Ohio – its proud corporate home for over 20 years – beginning in fall 2022, the company announced today. “Today's exciting announcement is the culmination of months of collaboration between CBIZ, the city of Independence and other local and state partners,” said Jerry Grisko, President and C

New CBIZ Headquarters to Embrace Future of Work

CLEVELAND, June 4, 2021 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced the acquisition of Schramm Health Partners, LLC dba Optumas ("Optumas") of Scottsdale, Arizona, effective June 1, 2021. Founded in 2006, Optumas specializes in providing actuarial services to state government health care agencies to assist in the administration of Medicaid programs.

CBIZ Acquires Government Health Care Consultant Optumas

CBIZ (CBZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

News for CBIZ Stock (CBZ)