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First Business Financial Services (FBIZ) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
First BusinessFirst Business(US:FBIZ) ZACKSยท2025-04-25 00:30

Core Insights - First Business Financial Services (FBIZ) reported a revenue of $40.84 million for Q1 2025, marking a year-over-year increase of 12.6% and exceeding the Zacks Consensus Estimate by 1.92% [1] - The earnings per share (EPS) for the same quarter was $1.32, up from $1.04 a year ago, with an EPS surprise of 2.33% over the consensus estimate of $1.29 [1] Financial Performance Metrics - Efficiency ratio stood at 60.3%, better than the average estimate of 61.6% from three analysts [4] - Net Interest Margin was reported at 3.7%, slightly above the average estimate of 3.6% [4] - Net charge-offs as a percentage of average gross loans and leases were 0.4%, compared to the estimated 0.2% [4] - Total interest-earning assets averaged $3.60 billion, close to the estimated $3.62 billion [4] - Total Non-Interest Income was $7.58 million, below the estimated $7.88 million [4] - Net Interest Income reached $33.26 million, surpassing the average estimate of $32.19 million [4] - Gain on sale of SBA loans was $0.96 million, exceeding the estimate of $0.80 million [4] - Swap fees were reported at $0.11 million, significantly lower than the average estimate of $0.78 million [4] - Private wealth management service fees totaled $3.49 million, above the estimated $3.23 million [4] - Service charges on deposits were $1.05 million, slightly above the estimated $0.99 million [4] - Loan fees amounted to $0.39 million, below the average estimate of $0.96 million [4] Stock Performance - Shares of First Business Financial Services have returned +0.1% over the past month, while the Zacks S&P 500 composite has decreased by -5.1% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]