First Business Financial Services traded at $70.08 this Thursday October 15th, increasing $0.78 or 1.13 percent since the previous trading session. Looking back, over the last four weeks, First Business Financial Services gained 2.20 percent. Over the last 12 months, its price rose by 46.98 percent. Looking ahead, we forecast First Business Financial Services to be priced at 67.85 by the end of this quarter and at 63.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
First Business Financial Services, Inc. (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (the Bank). Its operations are conducted through First Business Bank, First Business Specialty Finance, LLC (FBSF) and First Business Equipment Finance, LLC (FBEF). The Bank operates as a business bank, which is focused on delivering a line of commercial banking products, including commercial loans and commercial real estate loans, and services to meet the needs of small- and medium-sized businesses, business owners, executives, professionals and high net worth individuals. Its business lines include commercial lending, asset-based lending, accounts receivable financing, equipment financing, floorplan financing, vendor financing, Small Business Administration (SBA) lending and servicing, treasury management services and company retirement plans.