First Business Financial Services, Inc.

FBIZ Financial Banks Regional

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%
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

First Business Financial Services, Inc. (FBIZ) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, First Business Financial Services, Inc. (FBIZ) trades at a P/E ratio of 10.7×. Over the past ten years it has ranged from 4.9× (March 2020) to 18.9× (March 2018); the current reading is higher than 60% of that period. That is below the Banks Regional industry median of 12.0× and below the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 9.1× 2.91%
FY2024 8.9× (4.61%)
FY2023 9.3× 21.59%
FY2022 7.6× 8.77%
FY2021 7.0× (24.79%)
FY2020 9.3× (4.88%)
FY2019 9.8× (6.34%)
FY2018 10.5× (35.85%)
FY2017 16.4× 17.83%
FY2016 13.9× 5.42%

Quarterly newest first

Period P/E ratio Change
Jun 2026 9.6× 8.38%
Mar 2026 8.9× (2.65%)
Dec 2025 9.1× 8.25%
Sep 2025 8.4× (6.47%)
42 more quarters

Against its own ten years

Low 4.9× High 18.9×
Ten-year median 9.8×
Current reading's percentile 66

P/E ratio against peers

Company P/E ratio
SUPV Grupo Supervielle S.A. compare n/m
NRIM Northrim BanCorp Inc compare 7.6×
UNTY Unity Bancorp, Inc. compare 9.6×
CIVB Civista Bancshares, Inc. compare 9.9×
FBIZ First Business Financial Services, Inc. 10.7×
BWB Bridgewater Bancshares, Inc. compare 10.9×
SFST Southern First Bancshares, Inc. compare 12.6×
GCBC Greene County Bancorp, Inc. compare 14.3×
KRNY Kearny Financial compare 15.7×
Banks Regional industry median 12.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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