First Business Financial Services (FBIZ)

• Market cap: $406M
• 1 day: -2.11%
• 5 days: -11.65%
• 1 month: -5.70%
• 3 months: -1.51%
• 6 months: -2.07%
• Year to date: 6.08%
• 1 year: 4.46%
• 5 years: 230.36%
• 10 years: 119.94%
• Sector: Financials
• Industry: Banks - Regional

About: First Business Financial Services Inc operates as a bank holding company. The Bank operates as a business bank, delivering a full line of commercial banking products including commercial loans and commercial real estate loans, to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high-net-worth individuals. The company's products and services include commercial lending, SBA lending and servicing, asset-based lending, equipment financing, factoring, trust, and investment services, treasury management services, and a broad range of deposit products. Geographically all the business activity functioned through the region of the United States.

Employees: 354

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 8

11% more funds holding

Funds holding: 104 [Q4 2024] → 115 (+11) [Q1 2025]

3% more capital invested

Capital invested by funds: $257M [Q4 2024] → $264M (+$6.95M) [Q1 2025]

0.56% more ownership

Funds ownership: 66.88% [Q4 2024] → 67.44% (+0.56%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]

5% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 41

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $58 21% upside
• Avg. target: $58 21% upside
• High target: $58 21% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Piper Sandler Nathan Race

21% upside $58

Overweight Maintained

29 Jul 2025