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First Business Financial Services, Inc.. (FBIZ) Stock Fundamental Analysis & AI Rating 2026

FBIZ Nasdaq State Commercial Banks WI CIK: 0001521951
Updated This Month • Analysis: Apr 29, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
70% Confidence
AGREEMENT
SELL
68% Conf
HOLD
72% Conf

📊 FBIZ Key Takeaways

Revenue: $61.9M
Net Margin: 19.7%
Free Cash Flow: $2.9M
Current Ratio: N/A
Debt/Equity: 0.06x
EPS: $1.44
AI Rating: SELL with 68% confidence
First Business Financial Services, Inc.. (FBIZ) receives a SELL rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $61.9M, net profit margin of 19.7%, and return on equity (ROE) of 3.2%, First Business Financial Services, Inc.. demonstrates mixed fundamentals in the Finance sector. Below is our complete FBIZ stock analysis for 2026.

Is First Business Financial Services, Inc.. (FBIZ) a Good Investment?

Claude

Despite 80.9% revenue growth, net income grew only 1.8%, indicating significant operational challenges or integration costs. Critical concerns include interest coverage of 0.3x (cannot cover interest from operations), ROE of 3.2%, and ROA of 0.3%, all pointing to severe asset and equity utilization inefficiencies for a financial institution.

ChatGPT

First Business Financial Services shows solid core profitability, with a 20.3% net margin, 13.5% ROE, 1.2% ROA, and strong free cash flow generation relative to revenue. However, the very large revenue increase translated into only modest net income growth, which suggests growth quality is mixed and earnings conversion should be watched closely before taking a more aggressive stance.

Why Buy First Business Financial Services, Inc.. Stock? FBIZ Key Strengths

Claude
  • + Strong balance sheet with minimal leverage (Debt/Equity 0.06x)
  • + Substantial revenue growth of 80.9% YoY suggests acquisition or market expansion
  • + Solid net margin of 19.7% and operating margin of 23.2% in isolation
ChatGPT
  • + Healthy profitability profile with 24.4% operating margin and 20.3% net margin
  • + Solid returns for a bank at 13.5% ROE and 1.2% ROA
  • + Strong cash generation with $61.1M of free cash flow and minimal capital expenditure needs

FBIZ Stock Risks: First Business Financial Services, Inc.. Investment Risks

Claude
  • ! Critically low interest coverage ratio of 0.3x indicates inability to service debt from operating income
  • ! Severe disconnect between revenue growth (+80.9%) and earnings growth (+1.8%) suggests cost control problems or acquisition-related charges
  • ! Return metrics (ROE 3.2%, ROA 0.3%) far below industry standards indicate inefficient capital deployment
  • ! Weak free cash flow generation (4.7% FCF margin relative to 4.3B asset base) limits financial flexibility
ChatGPT
  • ! Net income grew only 1.8% despite revenue rising 80.9%, indicating possible margin pressure or lower-quality growth
  • ! Interest coverage of 1.1x leaves limited cushion if funding costs or credit costs rise
  • ! Low on-balance-sheet cash relative to total assets means liquidity and deposit stability remain important to monitor

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend and sustainability of debt servicing
  • * Cost-to-income ratio and operating efficiency metrics to explain earnings-revenue gap
  • * Return on equity and return on assets trajectory toward industry benchmarks
  • * Operating cash flow growth relative to asset base to assess business quality
ChatGPT
  • * Net interest margin and provision for credit losses
  • * Deposit mix, liquidity levels, and quarterly net income growth

First Business Financial Services, Inc.. (FBIZ) Financial Metrics & Key Ratios

Revenue
$61.9M
Net Income
$12.2M
EPS (Diluted)
$1.44
Free Cash Flow
$2.9M
Total Assets
$4.3B
Cash Position
$137.1M

💡 AI Analyst Insight

The relatively thin 4.7% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

FBIZ Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 23.2%
Net Margin 19.7%
ROE 3.2%
ROA 0.3%
FCF Margin 4.7%

FBIZ vs Finance Sector: How First Business Financial Services, Inc.. Compares

How First Business Financial Services, Inc.. compares to Finance sector averages

Net Margin
FBIZ 19.7%
vs
Sector Avg 25.0%
FBIZ Sector
ROE
FBIZ 3.2%
vs
Sector Avg 12.0%
FBIZ Sector
Current Ratio
FBIZ 0.0x
vs
Sector Avg 1.2x
FBIZ Sector
Debt/Equity
FBIZ 0.1x
vs
Sector Avg 2.0x
FBIZ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is First Business Financial Services, Inc.. Stock Overvalued? FBIZ Valuation Analysis 2026

Based on fundamental analysis, First Business Financial Services, Inc.. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
3.2%
Sector avg: 12%
Net Profit Margin
19.7%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.06x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

First Business Financial Services, Inc.. Balance Sheet: FBIZ Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.06x
Debt/Assets
91.2%
Interest Coverage
0.27x
Long-term Debt
$22.2M

FBIZ Revenue & Earnings Growth: 5-Year Financial Trend

FBIZ 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: First Business Financial Services, Inc..'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $4.33 reflects profitable operations.

FBIZ Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.7%
Free cash flow / Revenue

First Business Financial Services, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$3.1M
Cash generated from operations
Stock Buybacks
$811.0K
Shares repurchased (TTM)
Capital Expenditures
$135.0K
Investment in assets
Dividends Paid
$2.9M
Returned to shareholders

FBIZ SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for First Business Financial Services, Inc.. (CIK: 0001521951)

📋 Recent SEC Filings

Date Form Document Action
May 5, 2026 8-K fbiz-20260505.htm View →
Apr 29, 2026 8-K fbiz-20260424.htm View →
Apr 24, 2026 10-Q fbiz-20260331.htm View →
Apr 23, 2026 8-K fbiz-20260423.htm View →
Apr 16, 2026 8-K fbiz-20260415.htm View →

Frequently Asked Questions about FBIZ

What is the AI rating for FBIZ?

First Business Financial Services, Inc.. (FBIZ) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FBIZ's key strengths?

Claude: Strong balance sheet with minimal leverage (Debt/Equity 0.06x). Substantial revenue growth of 80.9% YoY suggests acquisition or market expansion. ChatGPT: Healthy profitability profile with 24.4% operating margin and 20.3% net margin. Solid returns for a bank at 13.5% ROE and 1.2% ROA.

What are the risks of investing in FBIZ?

Claude: Critically low interest coverage ratio of 0.3x indicates inability to service debt from operating income. Severe disconnect between revenue growth (+80.9%) and earnings growth (+1.8%) suggests cost control problems or acquisition-related charges. ChatGPT: Net income grew only 1.8% despite revenue rising 80.9%, indicating possible margin pressure or lower-quality growth. Interest coverage of 1.1x leaves limited cushion if funding costs or credit costs rise.

What is FBIZ's revenue and growth?

First Business Financial Services, Inc.. reported revenue of $61.9M.

Does FBIZ pay dividends?

First Business Financial Services, Inc.. pays dividends, with $2.9M distributed to shareholders in the trailing twelve months.

Where can I find FBIZ SEC filings?

Official SEC filings for First Business Financial Services, Inc.. (CIK: 0001521951) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FBIZ's EPS?

First Business Financial Services, Inc.. has a diluted EPS of $1.44.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FBIZ a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, First Business Financial Services, Inc.. has a SELL rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is FBIZ stock overvalued or undervalued?

Valuation metrics for FBIZ: ROE of 3.2% (sector avg: 12%), net margin of 19.7% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy FBIZ stock in 2026?

Our dual AI analysis gives First Business Financial Services, Inc.. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FBIZ's free cash flow?

First Business Financial Services, Inc..'s operating cash flow is $3.1M, with capital expenditures of $135.0K. FCF margin is 4.7%.

How does FBIZ compare to other Finance stocks?

Vs Finance sector averages: Net margin 19.7% (avg: 25%), ROE 3.2% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 29, 2026 | Data as of: 2026-03-31 | Powered by Claude AI