Saturday 17 October 2026 Export FBIZ’s income statement to Excel — free account

First Business Financial Services, Inc.

First Business Financial Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $279.2 million, up 6.43% from fiscal 2024. In the quarter to June 2026, revenue grew 7.37%, EPS grew 36.3%, free cash flow grew 181.5% and total debt rose 25.6%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for five; insiders bought in the last twelve months.

70.51 0.43 +0.61%

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Market cap: $586.5M
P/E: 10.7×
Fwd P/E: 9.4×
Dividend yield: 1.86%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	9.13	8.87	9.30	7.65	7.03	9.35	9.82	10.49	16.35	13.88
Piotroski F-Score Full definition →	6	6	6	6	7	6	7	6	4	6
P/S ratio Full definition →	1.59	1.44	1.45	1.98	1.95	1.27	1.79	1.54	2.09	2.10
P/FCF ratio Full definition →	7.25	6.58	6.66	8.42	6.80	5.85	7.86	6.93	9.11	7.91
P/Operating CF Full definition →	27.44	17.17	24.66	41.10	21.60	7.28	27.25	31.23	65.09	22.53
P/B ratio Full definition →	1.23	1.19	1.18	1.20	1.04	0.75	1.15	0.93	1.14	1.25
Price to Tangible BV Full definition →	1.27	1.24	1.24	1.26	1.10	0.80	1.23	1.00	1.23	1.36
EV/Sales Full definition →	2.35	2.06	2.30	4.33	4.83	4.35	3.88	3.57	3.87	2.02
EV/EBITDA Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Operating CF Full definition →	10.63	9.38	9.95	16.88	16.64	19.77	16.79	15.47	15.99	7.43
EV/FCF Full definition →	10.73	9.42	10.53	18.41	16.80	19.97	17.06	16.08	16.93	7.60
Quick Ratio Full definition →	0.01	0.05	0.05	0.05	0.03	0.03	0.04	0.06	0.04	0.05
Current Ratio Full definition →	1.03	1.07	1.08	1.18	1.17	1.19	1.16	1.17	1.11	0.99
Net Debt/EBITDA Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt/Assets Full definition →	6.17%	8.31%	9.43%	15.35%	15.59%	16.72%	15.71%	15.71%	12.15%	3.91%
Debt/Equity Full definition →	0.68	0.97	1.14	1.75	1.78	2.08	1.70	1.71	1.29	0.43
Asset Turnover Full definition →	0.07	0.07	0.07	0.05	0.05	0.05	0.06	0.06	0.05	0.05
Operating CF/Net income Full definition →	1.27	1.36	1.49	0.99	1.04	1.61	1.27	1.57	1.91	1.78
Capex/Depreciation Full definition →	(0.06)	(0.02)	(0.38)	(0.63)	(0.10)	(0.08)	(0.07)	(0.66)	(0.80)	(0.39)
ROE Full definition →	14.34%	14.25%	13.38%	16.24%	15.82%	8.27%	12.18%	9.18%	7.10%	9.40%
ROA Full definition →	1.22%	1.15%	1.09%	1.39%	1.33%	0.71%	1.12%	0.85%	0.66%	0.82%
ROIC Full definition →	6.47%	6.51%	6.13%	5.31%	4.99%	1.98%	3.35%	2.74%	2.66%	6.93%
Return on Tangible Assets Full definition →	51.65%	19.85%	15.06%	9.67%	10.10%	4.68%	8.94%	6.42%	7.17%	(170.83%)
Average Days of Receivables Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	38.24%	38.49%	42.18%	50.14%	52.97%	70.76%	54.82%	62.00%	68.17%	66.86%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01
Share Based Compensation of Revenue Full definition →	1.00%	1.06%	1.32%	1.71%	2.03%	1.54%	1.25%	0.92%	1.17%	1.03%
Graham Net Nets Full definition →	(0.47)	(0.47)	(0.50)	(0.43)	(0.43)	(0.90)	(0.47)	(0.37)	(0.30)	(0.41)
Graham Number Full definition →	76.82	67.55	57.80	56.77	51.09	33.01	37.08	29.59	24.61	26.85
Earnings Yield Full definition →	10.96%	11.28%	10.76%	13.08%	14.23%	10.70%	10.18%	9.53%	6.12%	7.21%
Free Cash Flow Yield Full definition →	13.79%	15.19%	15.03%	11.88%	14.70%	17.08%	12.72%	14.42%	10.97%	12.65%
Revenue per Share Full definition →	34.23	32.20	27.82	18.33	14.92	14.45	14.73	12.67	10.74	11.21
Operating CF per Share Full definition →	7.56	7.06	6.43	4.70	4.33	3.18	3.40	2.93	2.60	3.05
Capex per Share Full definition →	(0.07)	(0.02)	(0.35)	(0.39)	(0.04)	(0.03)	(0.03)	(0.11)	(0.14)	(0.07)
Free Cash Flow per Share Full definition →	7.49	7.03	6.08	4.31	4.29	3.15	3.38	2.81	2.46	2.98
Cash per Share Full definition →	4.84	19.35	17.16	12.48	6.87	6.79	7.88	10.02	6.10	9.04
Shareholders Equity per Share Full definition →	45.55	40.33	35.61	31.68	27.95	24.59	22.80	20.91	19.65	18.85
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	45.55	40.33	35.61	31.68	27.95	24.59	22.80	20.91	19.65	18.85
Free Cash Flow Full definition →	61.10	57.30	49.41	35.42	35.65	26.37	28.76	24.31	21.17	25.58
Working Capital Full definition →	89.21	208.02	227.70	399.69	341.88	351.40	252.81	246.94	160.54	(12.37)
Capital Expenditures Full definition →	(0.59)	(0.19)	(2.88)	(3.22)	(0.35)	(0.26)	(0.22)	(0.97)	(1.24)	(0.58)
Net Current Asset Value Full definition →	(207.13)	(177.02)	(164.11)	(128.71)	(105.34)	(139.14)	(105.04)	(62.04)	(57.37)	(82.05)
EV/EBIT Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capex to Sales Full definition →	0.00	0.00	0.01	0.02	0.00	0.00	0.00	0.01	0.01	0.01
Price to Operating Income Full definition →	7.16	7.19	6.78	5.71	5.16	8.43	9.15	9.55	13.56	11.85
Other line items
Depreciation/Fixed assets Full definition →	2.02	1.86	1.24	1.18	2.10	1.73	1.31	0.45	0.49	0.40
Cash ROIC Full definition →	9.21%	7.11%	6.50%	4.32%	5.07%	3.81%	4.87%	4.22%	4.81%	8.28%
Accounts Receivable Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover Full definition →	0.03	0.04	0.03	0.01	0.01	0.01	0.02	0.02	0.01	0.01
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	11,153.96	10,411.90	12,397.67	34,484.95	63,058.49	39,587.52	17,356.09	22,194.63	33,477.89	37,979.72
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Payables Full definition →	3,243.78	2,951.96	2,482.49	2,063.06	1,906.72	1,692.95	1,492.84	1,424.82	1,466.59	1,558.04
Average Assets Full definition →	3,967.55	3,680.53	3,242.23	2,814.76	2,610.37	2,332.31	2,031.62	1,880.26	1,787.38	1,781.39
Average Common Equity Full definition →	338.10	297.10	263.12	240.54	219.29	200.16	187.43	174.99	165.46	156.24

Fold the line items

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