Stock Fundamentals

Company Information

Company Name
First Business Financial Services
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US3193901002
CIK: 0001521951
CUSIP: 319390100
Currency: USD
Full Time Employees: 378
Phone: 608 238 8008
Fiscal Year End: December
IPO Date: Oct 07, 2005
Description:

First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri. The company offers commercial real estate lending, commercial and industrial lending, asset-based lending, accounts receivable financing, equipment financing, floorplan financing, vendor financing, small business administration lending and servicing, treasury management solutions, and company retirement services. It also provides private wealth management for individuals, including creating and executing asset allocation strategies, trust and estate administration, financial planning, investment management, and access to brokerage and custody-only services, as well as private banking to private wealth clients. In addition, the company offers bank consulting services consisting of balance sheet, investment portfolio, and asset liability management services. Further, it provides commercial deposit accounts. The company was founded in 1909 and is headquartered in Madison, Wisconsin.

Address:

401 Charmany Drive, Madison, WI, United States, 53719

Directors & Officers

Name Title Year Born
Mr. David R. Seiler President, CEO & Director 1965
Mr. Brian S. Spielmann CPA, M.B.A. CFO & Treasurer 1984
Mr. Bradley A. Quade Executive VP & Chief Credit Officer 1966
Mr. Kevin D. Crampton CPA Chief Accounting Officer 1986
Mr. Daniel S. Ovokaitys Chief Information Officer 1974
Ms. Jodie Johnson Senior Director of Marketing & Communications NA
Ms. Jodi A. Chandler Chief Human Resources Officer & Assistant Corporate Secretary 1965
Mr. Bill Elliott President of Accounts Receivable Financing at First Business Specialty Finance, LLC NA
Mr. Chris Doering Senior VP & Director of Commercial Banking NA
Mr. Josh Hoesch President of Greater Dane County Market NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Nov 07, 2025 Kevin D Crampton N/A Purchase 71.00 $51.40 $3.65K
Jul 30, 2025 Jason R Graham N/A Purchase 1.00K $47.87 $47.87K
Jul 30, 2025 Ralph R Kauten N/A Purchase 10.00K $47.80 $478.00K

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 870.20K Mar 31, 2026 10.41% $0.00 0.05%
Dimensional Fund Advisors, Inc. 499.72K Mar 31, 2026 5.98% $0.01 0.07%
Vanguard Group Inc 480.48K Dec 31, 2025 5.75% $0.00 -0.25%
First Business Financial Services Inc 361.31K Mar 31, 2026 4.32% $1.73 0.00%
Vanguard Capital Management, LLC 340.54K Mar 31, 2026 4.07% $0.00 0.00%
Manufacturers Life Insurance Co 244.80K Mar 31, 2026 2.93% $0.01 -1.47%
American Century Companies Inc 240.14K Mar 31, 2026 2.87% $0.01 10.66%
Geode Capital Management, LLC 199.77K Mar 31, 2026 2.39% $0.00 -15.01%
State Street Corp 173.72K Mar 31, 2026 2.08% $0.00 9.91%
Banc Funds Co LLC 166.22K Mar 31, 2026 1.99% $1.67 0.00%
Cutler Capital Management 154.59K Mar 31, 2026 1.85% $2.25 0.52%
LSV Asset Management 143.63K Mar 31, 2026 1.72% $0.02 7.08%
Pacific Ridge Capital Partners, LLC 140.89K Mar 31, 2026 1.68% $1.65 0.31%
Renaissance Technologies Corp 122.47K Mar 31, 2026 1.46% $0.01 -4.52%
Federated Hermes Inc 116.13K Mar 31, 2026 1.39% $0.01 10.85%
AQR Capital Management LLC 94.63K Mar 31, 2026 1.13% $0.00 -10.69%
Vanguard Portfolio Management, LLC 92.27K Mar 31, 2026 1.10% $0.00 0.00%
Hillsdale Investment Management Inc. 83.07K Mar 31, 2026 0.99% $0.12 0.00%
Northern Trust Corp 79.47K Mar 31, 2026 0.95% $0.00 5.18%
Bridgeway Capital Management, LLC 77.38K Mar 31, 2026 0.93% $0.08 4.96%

Shares Statistics

Shares Outstanding: 8.36M
Shares Float: 7.82M
% Insiders: 483.80%
% Institutions: 7,144.20%
Short % Float: 1.05%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Total Stock Mkt Idx Inv 237.42K 2.84% ▲ 0.00% Apr 30, 2026
2 Avantis US Small Cap Value ETF 216.41K 2.59% ▲ 0.08% May 30, 2026
3 iShares Russell 2000 ETF 198.07K 2.37% ▲ 0.93% May 29, 2026
4 JHancock Regional Bank A 133.32K 1.59% ▲ 0.00% Apr 30, 2026
5 BlackRock Advantage Small Cap Core Instl 125.65K 1.50% ▲ 0.00% Apr 30, 2026
6 Pacific Ridge Capital Ptnrs Micro Cp Val 121.26K 1.45% ▼ 19.81% Mar 31, 2026
7 DFA US Small Cap Value I 106.41K 1.27% ▲ 0.00% Apr 30, 2026
8 Vanguard Institutional Extnd Mkt Idx Tr 95.96K 1.15% ▲ 1.14% Apr 30, 2026
9 VT De Lisle America B USD 93.91K 1.12% ▲ 0.00% May 31, 2026
10 JH Financial Opportunities 91.86K 1.10% ▲ 0.00% Apr 30, 2026

Valuation Metrics

Enterprise Value: $793.52M
Trailing P/E: 10.00
Forward P/E: 8.96

Financial Highlights

Market Cap: $506.91M
P/E Ratio: $10.00
PEG Ratio: $1.24
Book Value: $44.12
Dividend/Share: $1.21
Dividend Yield: 2.02%
Earnings/Share: $6.06
Profit Margin: 31.48%
Operating Margin: 36.99%
ROA (TTM): 1.24%
ROE (TTM): 14.34%
Revenue (TTM): $163.13M
Revenue/Share (TTM): $19.96
Earnings Growth (YOY): 9.00%
Revenue Growth (YOY): 8.30%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 0.31x 1.02x 0.91x 0.55x 5.90x
2024-12-31 0.17x 1.33x 0.91x 0.47x 7.98x
2023-12-31 0.16x 1.56x 0.92x 0.65x 20.00x
2022-12-31 0.15x 1.15x 0.91x 2.28x 5.32x
2021-12-31 0.15x 2.53x 0.91x 4.15x 11.64x
2020-12-31 0.15x 1.34x 0.92x 1.07x 12.66x
2019-12-31 0.18x 0.05x 0.91x 0.76x 0.36x
2018-12-31 0.18x 0.81x 0.91x 0.74x 7.66x
2017-12-31 0.15x 0.28x 0.91x 0.94x 2.98x
2016-12-31 149.09x 0.50x 0.91x 1.15x 4.31x
2015-12-31 157.20x 0.37x 0.92x 1.80x 2.24x
2014-12-31 0.18x 0.08x 0.92x 1.83x 0.49x
2013-12-31 0.26x 0.09x 0.91x 1.81x 0.44x
2012-12-31 0.28x 0.10x 0.92x 0.81x 0.62x
2011-12-31 0.30x 0.16x 0.95x 0.57x 0.72x
2010-12-31 0.06x 0.90x 0.95x 0.13x 10.20x
2009-12-31 0.13x 0.95x 0.95x 0.06x 19.89x
2008-12-31 0.04x 1.28x 0.95x 0.15x 11.86x
2007-12-31 0.04x 1.02x 0.95x 0.14x 8.94x
2006-12-31 0.04x 0.90x 0.94x 0.19x 6.80x
2005-12-31 0.04x 0.75x 0.94x 0.38x 3.83x
2004-12-31 0.03x 0.76x 0.93x 0.67x 3.34x
2003-12-31 0.04x 0.20x 0.95x 0.62x 0.64x
2002-12-31 0.00x 0.00x 0.96x 0.95x 0.00x
2001-12-31 0.00x 0.00x 0.95x 1.16x 0.00x

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