FIRST BUSINESS FINANCIAL SER (FBIZ)
US3193901002 - Common Stock
Overall FBIZ gets a fundamental rating of 4 out of 10. We evaluated FBIZ against 412 industry peers in the Banks industry. There are concerns on the financial health of FBIZ while its profitability can be described as average. FBIZ may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
FBIZ had positive earnings in the past year.
In the past year FBIZ had a positive cash flow from operations.
FBIZ had positive earnings in each of the past 5 years.
Each year in the past 5 years FBIZ had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FBIZ (1.00%) is better than 63.59% of its industry peers.
Looking at the Return On Equity, with a value of 12.16%, FBIZ is in the better half of the industry, outperforming 79.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1% | ||
| ROE | 12.16% | ||
| ROIC | N/A |
ROA(3y)1.21%
ROA(5y)1.07%
ROE(3y)14.03%
ROE(5y)12.38%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FBIZ's Profit Margin of 24.47% is in line compared to the rest of the industry. FBIZ outperforms 50.24% of its industry peers.
FBIZ's Profit Margin has improved in the last couple of years.
FBIZ does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.47% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y15.31%
PM growth 5Y5.38%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FBIZ does not have a ROIC to compare to the WACC, probably because it is not profitable.
FBIZ has less shares outstanding than it did 1 year ago.
The number of shares outstanding for FBIZ has been reduced compared to 5 years ago.
FBIZ has a worse debt/assets ratio than last year.
2.2 Solvency
FBIZ has a debt to FCF ratio of 1.00. This is a very positive value and a sign of high solvency as it would only need 1.00 years to pay back of all of its debts.
The Debt to FCF ratio of FBIZ (1.00) is better than 75.97% of its industry peers.
A Debt/Equity ratio of 0.17 indicates that FBIZ is not too dependend on debt financing.
The Debt to Equity ratio of FBIZ (0.17) is better than 61.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.29%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for FBIZ have decreased by -8.23% in the last year.
The Earnings Per Share has been growing by 18.52% on average over the past years. This is quite good.
FBIZ shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.56%.
The Revenue has been growing by 10.97% on average over the past years. This is quite good.
EPS 1Y (TTM)-8.23%
EPS 3Y28.5%
EPS 5Y18.52%
EPS growth Q2Q-2.54%
Revenue 1Y (TTM)12.56%
Revenue growth 3Y11.43%
Revenue growth 5Y10.97%
Revenue growth Q2Q6.43%
3.2 Future
The Earnings Per Share is expected to grow by 10.48% on average over the next years. This is quite good.
FBIZ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.12% yearly.
EPS Next Y9.98%
EPS Next 2Y10.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.03%
Revenue Next 2Y7.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.11, the valuation of FBIZ can be described as very reasonable.
73.79% of the companies in the same industry are more expensive than FBIZ, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.28, FBIZ is valued rather cheaply.
A Price/Forward Earnings ratio of 7.38 indicates a rather cheap valuation of FBIZ.
FBIZ's Price/Forward Earnings ratio is rather cheap when compared to the industry. FBIZ is cheaper than 88.83% of the companies in the same industry.
FBIZ's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.11 | ||
| Fwd PE | 7.38 |
4.2 Price Multiples
82.52% of the companies in the same industry are more expensive than FBIZ, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.94 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FBIZ's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.81
PEG (5Y)0.44
EPS Next 2Y10.48%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FBIZ has a Yearly Dividend Yield of 2.87%.
FBIZ's Dividend Yield is slightly below the industry average, which is at 3.78.
Compared to an average S&P500 Dividend Yield of 2.41, FBIZ has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.87% |
5.2 History
On average, the dividend of FBIZ grows each year by 12.59%, which is quite nice.
FBIZ has paid a dividend for at least 10 years, which is a reliable track record.
FBIZ has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)12.59%
Div Incr Years11
Div Non Decr Years18
5.3 Sustainability
FBIZ pays out 24.01% of its income as dividend. This is a sustainable payout ratio.
The dividend of FBIZ is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.01%
EPS Next 2Y10.48%
EPS Next 3YN/A
FIRST BUSINESS FINANCIAL SER
NASDAQ:FBIZ (5/3/2024, 7:00:02 PM)
After market: 35.3 0 (0%)35.3
+0.47 (+1.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap292.64M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.87% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.11 | ||
| Fwd PE | 7.38 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.81
PEG (5Y)0.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1% | ||
| ROE | 12.16% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 24.47% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-8.23%
EPS 3Y28.5%
EPS 5Y
EPS growth Q2Q
EPS Next Y9.98%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.56%
Revenue growth 3Y11.43%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y