First Business Financial Services, Inc. (FBIZ) EV to CFO (2011 - 2026)
First Business Financial Services' EV to CFO came in at 4.49 for Q2 2026, down 5.4% from 4.74 a year earlier and down 23.3% from the prior quarter.
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Analysis
First Business Financial Services, Inc. (FBIZ) EV to CFO (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, First Business Financial Services reported EV to CFO of 1.77; for FY2025, it came in at 6.69, up 69.9% from FY2024.
- Going back by year, EV to CFO was 3.93 in FY2024 (+6.1%), 3.71 in FY2023 (-29.4%), 5.25 in FY2022 (-0.3%) and 5.27 in FY2021 (+39.2%).
- The Q2 2026 figure represents the lowest quarterly EV to CFO since Q1 2025.
- Year-over-year, EV to CFO increased in six of the last eight quarters, with growth averaging 28.6%.
- The fastest year-over-year change in EV to CFO over five years came in Q1 2024 (growth of 223.0%), and the weakest in Q1 2023 (a decline of 75.2%).
- Business Quant data shows FBIZ's EV to CFO at 5.85 (Q1 2026), 6.69 (Q4 2025) and 5.66 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.49 |
| Mar 31, 2026 | 5.85 |
| Dec 31, 2025 | 6.69 |
| Sep 30, 2025 | 5.66 |
| Jun 30, 2025 | 4.74 |
| Mar 31, 2025 | 3.67 |
| Dec 31, 2024 | 3.93 |
| Sep 30, 2024 | 5.04 |
| Jun 30, 2024 | 4.38 |
| Mar 31, 2024 | 4.69 |
| Dec 31, 2023 | 3.71 |
| Sep 30, 2023 | 2.52 |
| Jun 30, 2023 | 2.99 |
| Mar 31, 2023 | 1.45 |
| Dec 31, 2022 | 5.25 |
| Sep 30, 2022 | 3.79 |
| Jun 30, 2022 | 4.47 |
| Mar 31, 2022 | 5.85 |
| Dec 31, 2021 | 5.27 |
| Sep 30, 2021 | 2.89 |
API Access
First Business Financial Services, Inc. EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FBIZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "FBIZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FBIZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();