First Business Financial Services, Inc. (FBIZ) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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FBIZ Revenue Growth
FBIZ Revenue Analysis (2014–2025)
As of May 8, 2026, First Business Financial Services, Inc. (FBIZ) generated trailing twelve-month (TTM) revenue of $274.0 million, reflecting moderate decline in growth of -7.8% year-over-year. The most recent quarter (Q1 2026) recorded $61.9 million in revenue, down 11.8% sequentially.
Looking at the longer-term picture, FBIZ's 5-year compound annual growth rate (CAGR) stands at +18.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $279.2 million in 2025, representing a new all-time high.
When compared to Financial Services sector peers including TCBK, NBTB, and SBCF. Compare FBIZ vs TCBK →
FBIZ Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FBIZCurrent | $274M | -7.8% | +18.7% | 21.6% | |
 TCBK | $533M | - | - | 31.7% | |
 NBTB | $867M | - | - | 25.3% | |
 SBCF | $870M | - | - | 21.4% | |
 FFIN | $739M | - | - | 36.8% | |
 BANF | $909M | - | - | 30.3% |
FBIZ Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $279.2M | - | $160.0M | 57.3% | $60.5M | 21.6% |
| 2024 | $262.4M | - | $144.6M | 55.1% | $51.1M | 19.5% |
| 2023 | $226.2M | - | $135.7M | 60.0% | $47.1M | 20.8% |
| 2022 | $150.8M | - | $131.7M | 87.3% | $52.2M | 34.6% |
| 2021 | $124.1M | - | $118.6M | 95.5% | $47.0M | 37.9% |
| 2020 | $118.7M | - | $84.8M | 71.4% | $18.3M | 15.4% |
| 2019 | $121.4M | - | $86.9M | 71.6% | $24.5M | 20.2% |
| 2018 | $107.4M | - | $76.0M | 70.8% | $17.7M | 16.4% |
| 2017 | $89.7M | - | $66.1M | 73.7% | $14.2M | 15.9% |
| 2016 | $92.4M | - | $67.7M | 73.3% | $17.1M | 18.5% |
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Start ComparisonFBIZ — Frequently Asked Questions
Quick answers to the most common questions about buying FBIZ stock.
Is FBIZ's revenue growth accelerating or slowing?
FBIZ revenue declined -7.8% year-over-year, contrasting with the 5-year CAGR of +18.7%. TTM revenue fell to $274M. This reverses the prior growth trend.
What is FBIZ's long-term revenue growth rate?
First Business Financial Services, Inc.'s 5-year revenue CAGR of +18.7% reflects the variable expansion pattern. Current YoY growth of -7.8% is below this long-term average.
How is FBIZ's revenue distributed by segment?
FBIZ reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.