
FBIZ Stock Forecast & Price Target
FBIZ Analyst Ratings
Bulls say
First Business Financial Services Inc. demonstrated strong financial growth, with pre-provision net revenue (PPNR) increasing nearly 16% quarter-over-quarter to $17.3 million, significantly outperforming estimates due to enhanced net interest income (NII) and fee income. The company reported robust growth across various loan categories, particularly in owner-occupied commercial real estate (OOCRE) and multifamily loans, contributing to an 8% increase in loans quarter-over-quarter. Furthermore, the tangible book value (TBV) rose 3% linked quarter to $36.74, indicating a positive trajectory in asset valuation, with forecasts suggesting continued growth of 11% to 12% year-over-year in 2025 and 2026.
Bears say
First Business Financial Services, Inc. is currently facing several financial challenges that contribute to a negative outlook, primarily characterized by a deterioration in credit quality and the potential for increased credit costs, which could adversely affect earnings. The company's net charge-offs (NCOs) totaled 12 basis points and a decline in the loan loss reserve (LLR) to 1.15% raises concerns about the adequacy of reserves against potential future losses. Additionally, the current interest rate environment poses risks such as reduced loan demand and pressure on net interest margins (NIM) and net interest income (NII), further complicating the financial landscape for the bank.
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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