
FBIZ Stock Forecast & Price Target
FBIZ Analyst Ratings
Bulls say
First Business Financial Services Inc demonstrated solid growth in its loan portfolio, with end-of-period loans increasing by 10% on a last quarter annualized (LQA) basis, and average balances rising by 7% LQA, indicating robust demand for its commercial banking products. Additionally, the company's net interest income (NII) reached $34.9 million, reflecting a 3% increase quarter-over-quarter (LQ), driven by an impressive 12% growth in average earning assets (AEAs). The bank's solid core net interest margin (NIM), which rose by 1 basis point to 3.47% LQ, along with a 3% increase in tangible book value (TBV) to $38.54, supports a positive outlook for the firm's financial health and profitability.
Bears say
First Business Financial Services Inc reported a net interest income (NII) of $33.8 million, marking a 2% increase quarter-over-quarter, yet this was accompanied by a decline in net interest margin (NIM) to 3.67%, reflecting increasing deposit costs and lower core loan yields. Additionally, core fee income fell 4% quarter-over-quarter, which was 8% below expectations, driven by a significant decrease in SBA revenue, highlighting ongoing challenges in generating non-interest income. Furthermore, while non-performing loans (NPLs) saw a slight decline, the overall financial metrics indicate pressure on growth and profitability, leading to a cautious outlook for the company's financial performance amidst rising costs and competitive headwinds.
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