First Business Financial Services (FBIZ) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - First Business Financial Services (FBIZ) reported a revenue of $41.15 million for Q4 2024, marking a year-over-year increase of 12.4% and exceeding the Zacks Consensus Estimate of $39.3 million by 4.72% [1] - The company's earnings per share (EPS) for the same quarter was $1.43, up from $1.15 a year ago, and also surpassed the consensus EPS estimate of $1.27 by 12.60% [1] Financial Performance Metrics - Efficiency ratio stood at 56.9%, better than the three-analyst average estimate of 61% [4] - Net Interest Margin was reported at 3.8%, exceeding the three-analyst average estimate of 3.6% [4] - Net charge-offs as a percentage of average gross loans and leases (annualized) were 0.1%, compared to the two-analyst average estimate of 0.2% [4] - Average balance of total interest-earning assets was $3.52 billion, slightly above the two-analyst average estimate of $3.50 billion [4] - Total Non-Interest Income reached $8.01 million, surpassing the three-analyst average estimate of $7.27 million [4] - Net Interest Income was reported at $33.15 million, compared to the three-analyst average estimate of $31.69 million [4] - Service charges on deposits were $0.96 million, slightly below the two-analyst average estimate of $0.97 million [4] - Private wealth management service fees amounted to $3.43 million, exceeding the two-analyst average estimate of $3.20 million [4] - Loan fees were reported at $0.91 million, matching the two-analyst average estimate [4] Stock Performance - Shares of First Business Financial Services have returned +5.4% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]