For its third fiscal quarter (ending September 30), First Business Financial Service (NASDAQ: FBIZ) has reported a 6% increase in E.P.S. from $1.17 a year ago to $1.24 in the current quarter. E.P.S. were $4.65 for the latest four quarters through September 30 versus $4.37 for the same period a year ago — an increase of 6%.
Recent Price Action
On 10/24/24, First Business Financial Service (NASDAQ: FBIZ) stock rose modestly by 1.0%, closing at $44.82. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -0.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FBIZ is expected to continue to be a Value Builder.
First Business Financial Service has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. First Business Financial Service has a good Appreciation Score of 79 and a very high Power Rating of 91, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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