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First Business Financial Services FBIZ Investment Program, Proportional Amortization Method, Applied, Amortization Expense

Investment Program, Proportional Amortization Method, Applied, Amortization Expense at other companies

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First Business Financial Services logo
First Business Financial ServicesFBIZ
$1.89M+18.8%
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Heritage FinancialHFWA
$5.9M0.0%

Other financials

Income statement

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Revenue$44.3M+8.5%
Net income$12.2M+9.2%
EPS (diluted)$1.44+9.1%

Balance sheet

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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

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Operating cash flow$3.1M-73.0%
CapEx$135.0K+68.8%
Free cash flow$2.9M-74.0%

Valuation

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Market cap$526.15M+34.1%
Enterprise value$396.05M+72.8%
P/E10.3×+1.8×
P/S3.1×+0.6×

Profitability

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Net margin29.8%+0.4pp
FCF margin30.7%-7.4pp

Returns & leverage

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Return on equity14.3%-0.4pp
Debt / equity0.0×

Where this comes from

Reported directly by First Business Financial Services in its filing.

Tagged under the XBRL concept us-gaap:AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization.

The official record: First Business Financial Services’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Business Financial Services's investment program, proportional amortization method, applied, amortization expense?
First Business Financial Services (FBIZ) reported investment program, proportional amortization method, applied, amortization expense of $1.89M in Q1 2026.
How has First Business Financial Services's investment program, proportional amortization method, applied, amortization expense changed year-over-year?
First Business Financial Services's investment program, proportional amortization method, applied, amortization expense increased by 18.8% year-over-year, from $1.59M to $1.89M.
What does investment program, proportional amortization method, applied, amortization expense mean?
This represents the periodic amortization expense recognized for investments in qualified affordable housing projects using the proportional amortization method. It reflects the systematic reduction of the asset's carrying value as tax benefits are realized over the project's life.