Daniel Tomeo
Senior Research Analyst, Raymond James & Associates
Replay available
First Business Financial Services, Inc. (FBIZ) Q4 2025 Earnings Call
First Business Financial Services, Inc. (NASDAQ: FBIZ) Q4 2025 earnings conference call, held 2026-01-30. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Jeff Rulis
Equity Research Analyst, D.A. Davidson & Co.
Nathan Race
Research Analyst, Piper Sandler
Damon Del Monte
Analyst, Keefe, Bruyette & Woods
Brian Martin
Equity Research Analyst, Janney Montgomery Scott
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for First Business Financial Services, Inc..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.016 First Business Bank finished 2025 with another outstanding quarter. 00:00:05.016 -- 00:00:10.221 Our team continued to produce high quality growth, particularly on the deposit side. 00:00:10.221 -- 00:00:14.625 Core net interest margin remained resilient and our revenue streams were diversified 00:00:14.625 -- 00:00:19.910 and strong. Notably, our private wealth business continued to expand, delivering record 00:00:19.910 -- 00:00:25.035 and significant annuity-like fee income. And our focus on positive operating 00:00:25.035 -- 00:00:28.600 leverage again drove improved efficiency. 00:00:28.600 -- 00:00:33.865 These highlights contributed to strong profitability for the quarter and year as 00:00:33.865 -- 00:00:39.931 pre-tax, pre-provision earnings grew nearly 15% over 2024, return 00:00:39.931 -- 00:00:45.075 on average tangible common equity was over 15% for the year, and most 00:00:45.075 -- 00:00:50.160 importantly for shareholders, tangible book value per share grew 14% from a year 00:00:50.160 -- 00:00:51.982 ago. I'd 00:00:51.982 -- 00:00:57.187 also like to draw your attention to earnings per share, which you can see on slide four 00:00:57.187 -- 00:01:02.435 of our earnings supplement. EPS growth is perhaps the most universal metric across 00:01:02.435 -- 00:01:06.141 industries, and our track record is outstanding. 00:01:06.141 -- 00:01:11.148 First Business Bank's 2025 EPS grew 14% over 2024, 00:01:11.148 -- 00:01:16.356 exceeding our long-term annual goal of 10% earnings growth. 00:01:16.356 -- 00:01:22.285 Over the past 10 years, we've grown earnings per share at 12% compound annual rate. 00:01:22.285 -- 00:01:27.292 Going back to the year of our IPO in 2005, our 20-year compound 00:01:27.292 -- 00:01:32.606 average ...