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First Business Financial Services, Inc. (FBIZ)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US3193901002
CUSIP
319390100
IPO Date
Oct 7, 2005

Highlights

Market Cap
$440.77M
Enterprise Value
$394.09M
EPS (TTM)
$6.17
PE Ratio
8.74
PEG Ratio
0.80
Total Revenue (TTM)
$247.31M
Gross Profit (TTM)
$119.60M
EBITDA (TTM)
$47.04M
Year Range
$42.18 - $60.54
Target Price
$61.00
ROA (TTM)
1.34%
ROE (TTM)
5.93%

Share Price Chart


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Often compared with FBIZ:
FBIZ vs. VOO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Business Financial Services, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

First Business Financial Services, Inc. (FBIZ) has returned -0.10% so far this year and 17.13% over the past 12 months. Over the last ten years, FBIZ has had an annualized return of 11.70%, just under the S&P 500 Index benchmark’s 12.16%.


First Business Financial Services, Inc.

1D
-0.33%
1M
-1.32%
YTD
-0.10%
6M
6.44%
1Y
17.13%
3Y*
24.07%
5Y*
19.46%
10Y*
11.70%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 7, 2005, FBIZ's average daily return is +0.06%, while the average monthly return is +1.09%. At this rate, your investment would double in approximately 5.3 years.

Historically, 55% of months were positive and 45% were negative. The best month was Nov 2010 with a return of +45.4%, while the worst month was Mar 2020 at -35.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FBIZ closed higher 43% of trading days. The best single day was Jun 18, 2009 with a return of +25.0%, while the worst single day was Jan 16, 2009 at -24.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.56%-4.10%-1.32%-0.10%
202511.60%3.42%-11.27%2.10%1.92%3.88%-6.00%10.55%-2.03%-1.27%3.78%3.98%20.07%
2024-8.30%-3.34%6.29%-11.81%3.58%8.76%24.41%-0.81%0.48%-6.12%17.69%-7.64%18.44%
2023-2.05%-0.43%-13.86%-5.97%-5.86%10.16%15.26%-6.62%-4.82%2.30%14.75%14.64%12.93%
202215.46%-1.60%-0.42%5.67%-0.22%-9.33%7.25%0.09%-2.91%18.07%0.98%-4.62%28.18%
20214.62%16.22%11.40%7.00%4.28%-1.24%1.88%3.43%1.31%1.71%-1.44%1.96%62.83%

Benchmark Metrics

First Business Financial Services, Inc. has an annualized alpha of 12.71%, beta of 0.41, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since October 10, 2005.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (53.84%) than losses (37.03%) — typical of diversified or defensive assets.
  • Beta of 0.41 may look defensive, but with R² of 0.04 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.04 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
12.71%
Beta
0.41
0.04
Upside Capture
53.84%
Downside Capture
37.03%

Return for Risk

Risk / Return Rank

FBIZ ranks 60 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


FBIZ Risk / Return Rank: 6060
Overall Rank
FBIZ Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FBIZ Sortino Ratio Rank: 5555
Sortino Ratio Rank
FBIZ Omega Ratio Rank: 5454
Omega Ratio Rank
FBIZ Calmar Ratio Rank: 6464
Calmar Ratio Rank
FBIZ Martin Ratio Rank: 6464
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Business Financial Services, Inc. (FBIZ) and compare them to a chosen benchmark (S&P 500 Index).


FBIZBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.61

0.90

-0.29

Sortino ratio

Return per unit of downside risk

1.04

1.39

-0.34

Omega ratio

Gain probability vs. loss probability

1.13

1.21

-0.08

Calmar ratio

Return relative to maximum drawdown

1.09

1.40

-0.31

Martin ratio

Return relative to average drawdown

2.54

6.61

-4.06

Explore FBIZ risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

First Business Financial Services, Inc. provided a 2.24% dividend yield over the last twelve months, with an annual payout of $1.21 per share. The company has been increasing its dividends for 20 consecutive years.


2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.21$1.16$1.00$0.91$0.79$0.72$0.66$0.60$0.56$0.52$0.48$0.44

Dividend yield

2.24%2.14%2.16%2.27%2.16%2.47%3.59%2.28%2.87%2.35%2.02%1.76%

Monthly Dividends

The table displays the monthly dividend distributions for First Business Financial Services, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.34$0.00$0.34
2025$0.00$0.29$0.00$0.00$0.29$0.00$0.00$0.29$0.00$0.00$0.29$0.00$1.16
2024$0.00$0.25$0.00$0.00$0.25$0.00$0.00$0.25$0.00$0.00$0.25$0.00$1.00
2023$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.91
2022$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.79
2021$0.00$0.18$0.00$0.00$0.18$0.00$0.00$0.18$0.00$0.00$0.18$0.00$0.72

Dividend Yield & Payout


Dividend Yield

First Business Financial Services, Inc. has a dividend yield of 2.24%, which is quite average when compared to the overall market.

Payout Ratio

First Business Financial Services, Inc. has a payout ratio of 20.32%, which is below the market average. This means First Business Financial Services, Inc. returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Business Financial Services, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Business Financial Services, Inc. was 72.59%, occurring on Aug 25, 2009. Recovery took 897 trading sessions.

The current First Business Financial Services, Inc. drawdown is 9.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-72.59%Oct 20, 2005968Aug 25, 2009897Mar 20, 20131865
-50.21%Jan 29, 202038Mar 23, 2020240Mar 5, 2021278
-35.27%Nov 23, 2022116May 11, 2023151Dec 15, 2023267
-30.06%Apr 28, 2017420Dec 27, 2018248Dec 20, 2019668
-29.14%Dec 3, 2015230Oct 31, 2016118Apr 21, 2017348

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of First Business Financial Services, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how First Business Financial Services, Inc. is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for FBIZ, comparing it with other companies in the Banks - Regional industry. Currently, FBIZ has a P/E ratio of 8.7. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for FBIZ compared to other companies in the Banks - Regional industry. FBIZ currently has a PEG ratio of 0.8. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for FBIZ relative to other companies in the Banks - Regional industry. Currently, FBIZ has a P/S ratio of 1.8. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for FBIZ in comparison with other companies in the Banks - Regional industry. Currently, FBIZ has a P/B value of 0.5. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items