FBIZ
First Business Financial Services
NASDAQ: FBIZ · FINANCIAL SERVICES · BANKS - REGIONAL
$56.20
-0.48% today
Updated 2026-04-30
Market cap
$467.49M
P/E ratio
9.25
P/S ratio
2.87x
EPS (TTM)
$6.06
Dividend yield
2.11%
52W range
$45 – $61
Volume
0.0M
First Business Financial Services (FBIZ) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.33M | $63.90M | $64.88M | $62.81M | $63.37M | $63.28M | $63.47M | $62.25M | $67.80M | $89.48M | $92.41M | $89.69M | $107.36M | $121.37M | $118.72M | $124.09M | $150.80M | $89.23M | $262.38M | $279.25M |
| Revenue growth (YoY) | — | +24.5% | +1.5% | -3.2% | +0.9% | -0.1% | +0.3% | -1.9% | +8.9% | +32.0% | +3.3% | -2.9% | +19.7% | +13.0% | -2.2% | +4.5% | +21.5% | -40.8% | +194.1% | +6.4% |
| Cost of revenue | $30.21M | $39.18M | $37.81M | $36.55M | $31.72M | $25.01M | $21.13M | $10.75M | $12.81M | $17.22M | $24.68M | $23.61M | $31.34M | $34.46M | $33.92M | $5.53M | $19.08M | $-8.18M | $117.75M | $119.28M |
| Gross profit | $21.13M | $24.72M | $27.06M | $26.26M | $31.65M | $38.27M | $42.34M | $51.51M | $55.00M | $72.27M | $67.74M | $66.08M | $76.02M | $86.91M | $84.81M | $118.56M | $131.72M | $89.23M | $144.63M | $159.97M |
| Gross margin | 41.2% | 38.7% | 41.7% | 41.8% | 49.9% | 60.5% | 66.7% | 82.7% | 81.1% | 80.8% | 73.3% | 73.7% | 70.8% | 71.6% | 71.4% | 95.5% | 87.3% | 100.0% | 55.1% | 57.3% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $9.29M | $12.12M | $14.02M | $17.01M | $18.77M | $18.64M | $21.21M | $22.77M | $25.26M | $36.05M | $40.58M | $41.68M | $44.29M | $48.64M | $47.09M | $52.85M | $58.78M | $33.62M | $68.78M | $72.89M |
| Operating income | $5.43M | $5.06M | $5.18M | $1.76M | $3.29M | $11.87M | $13.68M | $21.14M | $21.22M | $24.89M | $17.07M | $14.23M | $17.65M | $24.50M | $18.30M | $47.03M | $52.24M | $22.65M | $51.15M | $60.45M |
| Operating margin | 10.6% | 7.9% | 8.0% | 2.8% | 5.2% | 18.8% | 21.5% | 34.0% | 31.3% | 27.8% | 18.5% | 15.9% | 16.4% | 20.2% | 15.4% | 37.9% | 34.6% | 25.4% | 19.5% | 21.6% |
| EBITDA | $6.03M | $5.54M | $5.72M | $2.60M | $4.88M | $14.28M | $16.73M | $23.46M | $23.09M | $24.80M | $18.58M | $15.79M | $19.13M | $27.55M | $21.77M | $50.58M | $56.31M | $22.65M | $54.89M | $60.45M |
| EBITDA margin | 11.7% | 8.7% | 8.8% | 4.1% | 7.7% | 22.6% | 26.4% | 37.7% | 34.1% | 27.7% | 20.1% | 17.6% | 17.8% | 22.7% | 18.3% | 40.8% | 37.3% | 25.4% | 20.9% | 21.6% |
| EBIT | $5.43M | $5.06M | $5.18M | $1.76M | $3.29M | $11.87M | $13.68M | $21.14M | $21.22M | $24.89M | $17.07M | $14.23M | $17.65M | $24.50M | $18.30M | $47.03M | $52.24M | $22.65M | $51.15M | — |
| Interest expense | $28.69M | $36.28M | $33.52M | $28.32M | $24.68M | $20.76M | $16.89M | $11.71M | $11.57M | $13.83M | $14.79M | $15.20M | $23.93M | $32.18M | $17.11M | $11.33M | $22.95M | $34.77M | $108.92M | $110.62M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $3.75M | $3.26M | $3.12M | $1.04M | $941000.00 | $8.43M | $8.93M | $13.75M | $14.14M | $16.51M | $14.91M | $11.90M | $16.30M | $23.32M | $16.98M | $35.76M | $40.86M | $17.32M | $44.24M | $50.32M |
| Net income growth (YoY) | — | -13.1% | -4.1% | -66.7% | -9.6% | +795.3% | +5.9% | +54.0% | +2.9% | +16.8% | -9.7% | -20.1% | +36.9% | +43.1% | -27.2% | +110.6% | +14.3% | -57.6% | +155.5% | +13.7% |
| Profit margin | 7.3% | 5.1% | 4.8% | 1.7% | 1.5% | 13.3% | 14.1% | 22.1% | 20.9% | 18.5% | 16.1% | 13.3% | 15.2% | 19.2% | 14.3% | 28.8% | 27.1% | 19.4% | 16.9% | 18.0% |