
FBIZ Stock Forecast & Price Target
FBIZ Analyst Ratings
Bulls say
First Business Financial Services Inc demonstrated robust financial performance with a nearly 16% quarter-over-quarter increase in pre-provision net revenue (PPNR), reaching $17.3 million, driven by stronger net interest income (NII) and fee income surpassing expectations. The company experienced notable growth in total assets under management (AUM), which rose by 1% quarter-over-quarter to $3.4 billion, illustrating effective management and client acquisition strategies. Additionally, the significant increase in end-of-period loans by 8% quarter-over-quarter, particularly in categories such as owner-occupied commercial real estate and multifamily loans, indicates a strong demand for its lending products and positions the company for continued growth in the future.
Bears say
First Business Financial Services Inc. is facing a negative outlook primarily due to a noted deterioration in credit quality, which could lead to increased reserve building and subsequently impact earnings adversely. The company’s net charge-offs (NCOs) and the decline in the loan loss reserve (LLR) suggest potential challenges in managing credit risk, alongside weaker-than-anticipated growth in loans, deposits, and fee income. Additionally, the pressure from the current interest rate environment is exacerbating margin compression, contributing to concerns regarding overall earnings and financial stability in the near term.
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
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