
FBIZ Stock Forecast & Price Target
FBIZ Analyst Ratings
Bulls say
First Business Financial Services Inc. has demonstrated strong growth metrics, with end-of-period (EOP) loans increasing by 10% quarter-over-quarter, surpassing expectations, and average balances rising by 7% in the same period. Additionally, the company reported a solid net interest income (NII) of $34.9 million, reflecting a 3% increase quarter-over-quarter, alongside an improvement in its net interest margin (NIM) to 3.68%. Furthermore, tangible book value (TBV) and tangible common equity (TCE) both grew by 4% quarter-over-quarter, illustrating robust profitability highlighted by a return on assets (ROA) of 1.2% and a return on tangible common equity (ROTCE) of 15% in the fourth quarter.
Bears say
First Business Financial Services Inc reported net interest income (NII) of $34.8 million, which was flat quarter-over-quarter and 1% below consensus estimates, reflecting a 15 basis point compression in net interest margin (NIM) to 3.53%. Additionally, core fee income dropped 16% quarter-over-quarter to $7.5 million, falling short of expectations, primarily due to a decline in various fee categories. Despite a decrease in non-performing loans, the overall financial performance was hindered by rising deposit costs, lower core loan yields, and a decline in critical revenue sources, indicating potential challenges ahead for the bank's profitability.
This aggregate rating is based on analysts' research of First Business Financial Services and is not a guaranteed prediction by Public.com or investment advice.
FBIZ Analyst Forecast & Price Prediction
Start investing in FBIZ
Order type
Buy in
Order amount
Est. shares
0 shares