Projected Income Statement: First Business Financial Services, Inc.

Forecast Balance Sheet: First Business Financial Services, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Net Debt - - - - - - -
Change - - - - - - -
Announcement Date 1/27/22 1/26/23 1/25/24 1/30/25 1/29/26 - -
Estimates

Cash Flow Forecast: First Business Financial Services, Inc.

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 0.264 0.391 3.223 2.884 0.223 0.595
Change - 48.11% 724.3% -10.52% -92.27% 166.82%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 2/24/21 2/23/22 2/22/23 2/28/24 2/26/25 2/25/26
1USD in Million
Estimates

Forecast Financial Ratios: First Business Financial Services, Inc.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) - - - - - - - -
EBIT Margin (%) - 36.56% 37.69% 39.01% 39.39% 41.22% 41.3% 41.23%
EBT Margin (%) - 41.71% 41.12% 32.75% 33.33% 35.9% 35.65% 35.05%
Net margin (%) - 31.71% 31.62% 25.12% 28.26% 29.36% 27.72% 28.11%
FCF margin (%) - - - - - - - -
FCF / Net Income (%) - - - - - - - -

Profitability

        
ROA - 1.37% 1.46% 1.13% 1.2% 1.24% 1.26% 1.21%
ROE - 16.21% 16.79% 13.79% 14.73% 15.35% 14.11% 13.4%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - -
CAPEX / FCF (%) - - - - - - - -

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 - 0.72 0.79 0.91 1 1.16 1.36 1.422
Change - - 9.72% 15.19% 9.89% 16% 17.24% 4.56%
Book Value Per Share 1 - 27.48 29.74 33.39 38.17 43.19 48.23 53.25
Change - - 8.22% 12.27% 14.32% 13.15% 11.67% 10.4%
EPS 1 - 4.17 4.75 4.33 5.2 5.94 6.505 6.744
Change - - 13.91% -8.84% 20.09% 14.23% 9.51% 3.67%
Nbr of stocks (in thousands) - 8,390 8,431 8,315 8,295 8,324 8,362 8,362
Announcement Date - 1/27/22 1/26/23 1/25/24 1/30/25 1/29/26 - -
1USD
Estimates
2026 *2027 *
P/E 10.3x 9.97x
PBR 1.39x 1.26x
EV / Sales 3.06x 2.85x
Yield 2.02% 2.11%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
67.26USD
Average target price
69.40USD
Spread / Average Target
+3.18%

Quarterly revenue - Rate of surprise

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  4. Financials First Business Financial Services, Inc.