First Business Financial Services, Inc. (NASDAQ:FBIZ) Maintains Positive Outlook with Piper Sandler's "Overweight" Rating

Font: Financial Modeling Prep  • Feb 03, 2026

• Piper Sandler maintained an "Overweight" rating for NASDAQ:FBIZ, raising the price target from $61 to $70.
• First Business Bank reported a quarterly net income of $13.1 million, with earnings per share (EPS) of $1.58.
• The bank has increased its cash dividend by 17%, indicating confidence in its financial stability and commitment to shareholder value.

First Business Financial Services, Inc. (NASDAQ:FBIZ), operating as First Business Bank, is a financial institution that provides a range of banking services. On February 3, 2026, Piper Sandler maintained its "Overweight" rating for FBIZ, with a "hold" action. At that time, the stock price was $58.84. Piper Sandler also raised the price target for FBIZ from $61 to $70, as highlighted by TheFly.

First Business Bank recently announced its financial results for the fourth quarter of 2025. The bank reported a quarterly net income available to common shareholders of $13.1 million, translating to earnings per share (EPS) of $1.58. This represents a decrease from the previous quarter's net income of $14.2 million, or $1.70 per share, and the same period in 2024, which also saw a net income of $14.2 million, or $1.71 per share.

Despite the decline in net income, First Business Bank has increased its cash dividend by 17%. This move reflects the bank's confidence in its financial stability and its commitment to returning value to shareholders. The stock for FBIZ is currently priced at $58.84, reflecting an increase of 2.65% or $1.52. Today, the stock has fluctuated between a low of $56.24 and a high of $59.16.

Over the past year, FBIZ has reached a high of $59.86 and a low of $42.18. The company's market capitalization stands at approximately $489.8 million, with a trading volume of 36,518 shares on the NASDAQ exchange. This data indicates a stable market presence and investor interest in the company's stock.