First Historical Income Statement

FBIZ Stock  USD 51.47  0.99  1.96%   
Historical analysis of First Business income statement accounts such as Gross Profit of 59.4 M or Other Operating Expenses of 30.4 M can show how well First Business Financial performed in making a profits. Evaluating First Business income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Business's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Business Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Business Financial is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Business Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About First Income Statement Analysis

First Business Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Business shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Business Income Statement Chart

At this time, First Business' Operating Income is fairly stable compared to the past year. EBIT is likely to rise to about 33.5 M in 2024, whereas Interest Expense is likely to drop slightly above 22.6 M in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts First Business Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Business Financial minus its cost of goods sold. It is profit before First Business operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Business Financial. It is also known as First Business overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from First Business' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Business Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Business Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, First Business' Operating Income is fairly stable compared to the past year. EBIT is likely to rise to about 33.5 M in 2024, whereas Interest Expense is likely to drop slightly above 22.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue112.8M127.9M89.2M59.4M
Interest Expense11.3M22.9M34.8M22.6M

First Business income statement Correlations

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-0.120.420.420.540.360.260.37-0.420.540.270.49-0.450.480.040.450.530.2-0.110.050.05-0.130.3-0.53
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0.040.710.710.580.510.550.540.00.610.370.59-0.150.040.690.40.130.39-0.32-0.280.150.070.17-0.19
0.540.770.770.750.30.260.31-0.470.60.080.490.020.450.820.40.030.55-0.71-0.250.550.480.60.09
-0.410.050.050.130.090.10.13-0.260.10.030.07-0.90.530.080.130.03-0.280.39-0.08-0.51-0.55-0.42-0.8
0.450.790.790.590.550.450.46-0.020.850.590.830.490.20.690.390.55-0.28-0.690.380.910.80.870.46
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-0.17-0.06-0.06-0.290.430.390.370.420.270.690.40.310.05-0.21-0.28-0.25-0.080.380.210.290.190.210.21
0.60.650.650.480.330.180.190.020.610.350.580.720.050.550.150.55-0.510.91-0.760.290.940.910.71
0.770.510.510.330.11-0.02-0.020.050.410.180.370.73-0.130.390.070.48-0.550.8-0.730.190.940.790.84
0.50.710.710.690.30.140.18-0.210.70.350.640.570.30.670.170.6-0.420.87-0.760.210.910.790.48
0.620.070.07-0.1-0.2-0.24-0.280.25-0.050.02-0.020.9-0.53-0.06-0.190.09-0.80.46-0.460.210.710.840.48
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First Business Account Relationship Matchups

First Business income statement Accounts

201920202021202220232024 (projected)
Interest Expense32.2M17.1M11.3M22.9M34.8M22.6M
Total Revenue89.2M101.6M112.8M127.9M89.2M59.4M
Gross Profit89.2M101.6M112.8M127.9M89.2M59.4M
Other Operating Expenses64.7M83.3M65.7M65.0M35.0M30.4M
Operating Income24.5M18.3M47.0M75.2M22.6M34.6M
Ebit24.5M18.3M47.0M52.2M22.6M33.5M
Ebitda27.5M21.8M50.6M56.3M22.6M35.2M
Total Operating Expenses(64.7M)(83.3M)(65.7M)65.0M35.0M36.8M
Net Income23.3M17.0M35.8M40.9M17.3M12.7M
Income Tax Expense1.2M1.3M11.3M11.4M5.3M3.8M
Income Before Tax24.5M18.3M47.0M52.2M22.6M17.2M
Total Other Income Expense Net(32.2M)(5.5M)(3.6M)(3.4M)47.1M49.5M
Depreciation And Amortization3.0M3.5M3.6M4.1M167.9K159.5K
Selling General Administrative48.6M53.7M60.2M58.8M33.6M30.3M
Selling And Marketing Expenses2.2M1.6M2.0M2.4M1.4M1.6M
Net Income Applicable To Common Shares23.3M17.0M35.8M40.2M46.2M48.5M
Net Income From Continuing Ops23.3M17.0M35.8M40.9M37.4M21.9M
Tax Provision1.2M1.3M11.3M11.4M9.8M6.0M
Net Interest Income69.9M77.1M84.7M98.4M110.5M84.4M
Interest Income102.0M94.2M96.0M121.4M178.5M111.2M
Reconciled Depreciation3.0M3.5M3.6M4.1M3.8M3.3M

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Additional Tools for First Stock Analysis

When running First Business' price analysis, check to measure First Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Business is operating at the current time. Most of First Business' value examination focuses on studying past and present price action to predict the probability of First Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Business' price. Additionally, you may evaluate how the addition of First Business to your portfolios can decrease your overall portfolio volatility.