Notable Dividend Flow: First Business Financial Services, Inc. (NASDAQ:FBIZ) expected to pay $0.12 on Nov 21, 2016

Notable Dividend Flow:   First Business Financial Services, Inc. (NASDAQ:FBIZ) expected to pay $0.12 on Nov 21, 2016

First Business Financial Services, Inc. (NASDAQ:FBIZ) is expected to pay $0.12 on Nov 21, 2016. The indicated annual dividend is $0.48. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on First Business Financial Services, Inc.’s current price of $18.89, the dividend is 0.64%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 31, 2016. The stock decreased 1.20% or $0.23 on November 4, hitting $18.89. First Business Financial Services Inc (NASDAQ:FBIZ) has declined 17.98% since April 5, 2016 and is downtrending. It has underperformed by 19.93% the S&P500.

First Business Financial Services, Inc. is a bank holding company. The company has a market cap of $164.21 million. The Firm engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks). It has a 11.05 P/E ratio. The activities of FBFS are conducted through the Banks and certain subsidiaries of FBB.

Insitutional Activity: The institutional sentiment decreased to 0.97 in 2016 Q2. Its down 0.13, from 1.1 in 2016Q1. The ratio is negative, as 6 funds sold all First Business Financial Services Inc shares owned while 26 reduced positions. 7 funds bought stakes while 24 increased positions. They now own 4.98 million shares or 1.87% less from 5.08 million shares in 2016Q1.
Dimensional Fund Advsrs L P last reported 190,614 shares in the company. Elizabeth Park Cap Advisors Limited holds 182,162 shares or 1.82% of its portfolio. Eam Invsts Limited Liability last reported 51,948 shares in the company. Kennedy Capital Inc last reported 0.02% of its portfolio in the stock. First Business Finance accumulated 2.36% or 390,947 shares. Financial Bank Of Montreal Can reported 15,668 shares or 0% of all its holdings. Moreover, Arcadia Investment Management Mi has 0.01% invested in First Business Financial Services Inc (NASDAQ:FBIZ) for 1,140 shares. Eidelman Virant Cap holds 0.36% of its portfolio in First Business Financial Services Inc (NASDAQ:FBIZ) for 25,242 shares. Bnp Paribas Arbitrage reported 308 shares or 0% of all its holdings. Royal Bank & Trust Of Canada has 220 shares for 0% of their US portfolio. Prudential Financial Incorporated holds 0% or 10,300 shares in its portfolio. California Employees Retirement has 22,698 shares for 0% of their US portfolio. Lsv Asset has invested 0.01% of its portfolio in First Business Financial Services Inc (NASDAQ:FBIZ). Analytic Invsts Llc last reported 0.01% of its portfolio in the stock. Bridgeway Capital Mgmt Incorporated reported 75,608 shares or 0.03% of all its holdings.

First Business Financial Services Inc (NASDAQ:FBIZ) Ratings Coverage

Out of 3 analysts covering First Business Financial (NASDAQ:FBIZ), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. First Business Financial has been the topic of 4 analyst reports since October 27, 2015 according to StockzIntelligence Inc. Raymond James downgraded the stock to “Mkt Perform” rating in Monday, October 31 report. The stock of First Business Financial Services Inc (NASDAQ:FBIZ) earned “Hold” rating by Sandler O’Neill on Thursday, December 3. The firm has “Buy” rating by Sandler O’Neill given on Monday, March 28. On Tuesday, October 27 the stock rating was downgraded by FIG Partners to “Market Perform”.

Another recent and important First Business Financial Services Inc (NASDAQ:FBIZ) news was published by Jsonline.com which published an article titled: “Third-quarter profit drops 42% for First Business Financial Services” on October 27, 2016.

FBIZ Company Profile

First Business Financial Services, Inc. (FBFS), incorporated on December 26, 1986, is a bank holding company. The Firm engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks). The activities of FBFS are conducted through the Banks and certain subsidiaries of FBB. The Banks operate as business banks focusing 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. The Company’s business lines include commercial lending, asset financing, equipment financing, small business administration (SBA) lending, treasury management services, and trust and investment services. FBB’s subsidiaries include Rimrock Road Investment Fund, LLC (Rimrock) and First Madison Investment Corp. (FMIC). FBFS has total gross loans and leases of approximately $1.435 billion and total deposits of approximately $1.577 billion. FBB has total gross loans and leases of approximately $1.036 billion and total deposits of approximately $1.124 billion. FBB-Milwaukee has total gross loans of approximately $144.9 million and total deposits of approximately $236.9 million. Alterra has total gross loans of approximately $253.9 million and total deposits of approximately $262.7. The Company’s subsidiary, FBFS Statutory Trust II (Trust II) is a business trust.

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