
FBIZ Stock Forecast & Price Target
FBIZ Analyst Ratings
Bulls say
First Business Financial Services Inc reported a nearly 16% quarter-over-quarter increase in PPNR to $17.3 million, surpassing estimates due to strengthened net interest income (NII) and fee income, with expenses remaining stable. The company demonstrated strong growth in its loan portfolio, with end-of-period loans increasing by 8% quarter-over-quarter, driven primarily by significant expansions in owner-occupied commercial real estate and multifamily loans. Furthermore, tangible book value (TBV) grew by 3% to $36.74, reflecting a healthy financial position, with forecasts suggesting an 11%-12% year-over-year increase in TBV for 2025 and 2026, consistent with First Business Financial Services' historical performance.
Bears say
First Business Financial Services Inc. is experiencing several challenges impacting its financial outlook, especially amid a difficult interest rate environment. The company's operating expenses remain slightly below expectations, but concerns over credit quality deterioration, specifically related to larger loans, could necessitate increased reserves, thereby adversely affecting earnings. Additionally, declining loan yields and pressure on net interest margins, coupled with risks of reduced loan demand and rising credit costs, further contribute to a negative sentiment surrounding the company's future performance.
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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