FBIZ, US3193901002

Raymond James starts coverage of First Business Financial Services stock

Published on 10/06/2026 at 12:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raymond James set a USD 75.00 target. First Business Financial Services stock costs EUR 63.25 on October 6, 2026 after EUR 63.00.

FBIZ, US3193901002, Illustration mit AI erstellt.

First Business Financial Services, Inc. (US3193901002) was trading at EUR 63.25 at Lang & Schwarz on October 6, 2026, up 0.40 percent versus the prior close of EUR 63.00. On October 1, 2026, Raymond James initiated coverage with an Outperform rating and a USD 75.00 price target, according to Investing.com.

Second-quarter earnings beat estimates

For the second quarter of 2026, First Business Financial Services reported earnings per share of USD 1.84, above the USD 1.56 consensus estimate. Revenue reached USD 46.71 million against expectations of USD 45.43 million, while net income available to common shareholders was USD 15.4 million, according to Investing.com. The earnings comparison gives the analyst target a concrete operating backdrop rather than relying only on valuation.

The same second-quarter 2026 update showed loans rising 10.30 percent year over year and core deposits increasing 13.60 percent. Net interest margin expanded to 378 basis points from 356 basis points in the first quarter, while management maintained full-year targets for 10.00 percent loan growth and a 360-365 basis-point margin, Investing.com reported.

October 29 results date is set

First Business Financial Services will release third-quarter 2026 results after the market closes on October 29, 2026, followed by an earnings conference call on October 30 at 8:00 a.m. Central Time, according to Business Wire. The date gives investors a defined checkpoint for testing whether the second-quarter margin and loan trends continued into the third quarter.

First Business Financial Services operates through First Business Bank, with business banking, specialty finance, private wealth and bank consulting activities. The company describes that model on its investor relations website, which identifies the Nasdaq-listed parent as FBIZ.

FBIZ price stays near its prior close

At Lang & Schwarz, FBIZ was trading intraday at EUR 63.25 on October 6, 2026 at 12:41 p.m. CEST, plus 0.40 percent versus the EUR 63.00 prior close dated October 5, 2026. The company had a market capitalization of USD 590.7 million as of October 5, 2026, and a 52-week range of USD 46.07 to USD 73.74.