What is First Business Financial Services's market cap?

First Business Financial Services (FBIZ) has a market capitalization of $574.3M and trades on NASDAQ.

What is First Business Financial Services's revenue and profitability?

First Business Financial Services generated $172.1M in trailing twelve-month revenue with net income of $51.3M, representing a net margin of 29.8%, with free cash flow of $52.8M. These figures are based on the Q1 2026 filing.

Who are First Business Financial Services's competitors?

First Business Financial Services's key competitors include BMO Bank, N.A., JPMorgan Chase & Co., U.S. Bancorp, and others. These companies compete in similar markets and product categories.

Who does First Business Financial Services partner with?

First Business Financial Services's notable partners include Small Business Administration.

What subsidiaries does First Business Financial Services have?

First Business Financial Services's subsidiaries include First Business Bank, First Business Specialty Finance, LLC.

Where is First Business Financial Services headquartered?

First Business Financial Services is headquartered in United States of America and employs approximately 348 people. It has been publicly traded since 2005.

First Business Financial Services

FBIZ

Market cap

$574.31M+44.7%

Revenue$172.1M+8.9%

Net income$51.3M+10.3%

Free cash flow$52.8M-12.3%

EPS (diluted)$6.07+10.4%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 23, 2026

Revenue$44.3MBeat by $893.0K EPS$1.44Beat by $0.02

Read the full report

Next report

Jul 30, 2026 (Today)

Revenue estimate$45.4M

EPS estimate$1.54

Financials

Q1 2026

Income statement

See full

Revenue$44.3M+8.5%

Net income$12.2M+9.2%

EPS (diluted)$1.44+9.1%

Balance sheet

See full

Cash & equivalents$137.1M-19.6%

Total debt$7.0M-7.5%

Total equity$380.1M+13.1%

Total assets$4.3B+9.5%

Cash flow

See full

Operating cash flow$3.1M-73.0%

CapEx$135.0K+68.8%

Free cash flow$2.9M-74.0%

Valuation & ratios

Valuation

See full

Market cap$574.31M+44.7%

Enterprise value$444.22M+57.4%

P/E11.2×+2.8×

P/S3.3×+0.9×

Profitability

See full

Net margin29.8%+0.4pp

FCF margin30.7%-7.4pp

Returns & leverage

See full

Return on equity14.3%-0.4pp

Debt / equity0×0.0×

Competitors

By market cap

JPMorgan Chase$949.80B+16.3%

Bank of Montreal$126.52B+54.7%

U.S. Bancorp$100.36B+39.8%

First Financial Bancorp$3.5B+48.5%

First Merchants Corporation$2.7B+18.9%

Bank First Corporation$1.7B+37.6%

Southern First Bancshares$591.7M+67.0%

First Business Financial Services$574.3M+44.4%

By revenue growth

Bank First Corporation+31.6%

Southern First Bancshares+27.4%

First Financial Bancorp+18.3%

JPMorgan Chase+13.5%

First Business Financial Services+8.9%

First Merchants Corporation+5.1%

U.S. Bancorp+4.7%

By net margin

Bank First Corporation37.2%-4.6pp

JPMorgan Chase32.63%+0.4pp

Southern First Bancshares29.86%+8.9pp

First Business Financial Services29.84%+0.4pp

First Financial Bancorp28.28%+0.3pp

U.S. Bancorp27.04%+2.8pp

First Merchants Corporation26.89%-7.4pp

Profile

First Business Financial Services, Inc. is a bank holding company that operates as a specialized business bank focused on small and medium-sized enterprises, executives, and high net worth individuals. The company differentiates itself through a non-retail model that eschews traditional branch networks in favor of deep client relationships and specialized financial expertise. Its core value proposition centers on delivering sophisticated commercial banking, private wealth management, and consulting services through a centralized and efficient administrative structure.

Competitive position

A specialized business-focused bank that competes by avoiding the overhead of retail branch networks and focusing on high-yield specialty lending niches and deep relationship management.

GeographiesUnited States, Wisconsin, Kansas, Missouri

Customer segmentsSMEs, High net worth individuals, Commercial enterprises, Financial institutions

Business modelRelationship-based banking, Specialty finance, Asset management, B2B services

SuppliersFederal Reserve System, Depositors, Technology and AI tool providers, Capital markets

CustomersSmall to medium-sized companies, Independent auto dealers, Equipment vendors, Corporate retirement plan sponsors, Private wealth clients

CountryUnited States of America

Listed2005

Employees348.0

CEODavid R. Seiler

SectorFinancial Services

IndustryBanks - Regional

Websitefirstbusiness.bank

FilingsSEC EDGAR

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Questions, answered.

What is First Business Financial Services's market cap?: First Business Financial Services (FBIZ) has a market capitalization of $574.3M and trades on NASDAQ.
What is First Business Financial Services's revenue and profitability?: First Business Financial Services generated $172.1M in trailing twelve-month revenue with net income of $51.3M, representing a net margin of 29.8%, with free cash flow of $52.8M. These figures are based on the Q1 2026 filing.
Who are First Business Financial Services's competitors?: First Business Financial Services's key competitors include BMO Bank, N.A., JPMorgan Chase & Co., U.S. Bancorp, and others. These companies compete in similar markets and product categories.
Who does First Business Financial Services partner with?: First Business Financial Services's notable partners include Small Business Administration.
What subsidiaries does First Business Financial Services have?: First Business Financial Services's subsidiaries include First Business Bank, First Business Specialty Finance, LLC.
Where is First Business Financial Services headquartered?: First Business Financial Services is headquartered in United States of America and employs approximately 348 people. It has been publicly traded since 2005.