First Business

First Business is a Wisconsin-based, publicly traded company with a focus on local business that remains unwavering after over twenty years. We give you the services and resources you’d expect from a larger bank, but our customer service, decision making, and board of directors are all local. We like where we’re based and what we’re about. So do our clients, who have given us a 99% satisfaction rating for the past three years. At First Business, our clients have no reason to change.
Company Growth (employees)
Type
Public
HQ
Madison, US
Founded
1990
Size (employees)
257 (est)
First Business was founded in 1990 and is headquartered in Madison, US

First Business Office Locations

First Business has an office in Madison
Madison, US (HQ)
401 Charmany Dr

First Business Data and Metrics

First Business Financial Metrics

First Business's revenue was reported to be $22.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

22.5 m

Gross profit (Q1, 2017)

19 m

Gross profit margin (Q1, 2017), %

84%

Net income (Q1, 2017)

3.4 m

EBIT (Q1, 2017)

14.9 m

Market capitalization (18-Aug-2017)

181.7 m

Cash (31-Mar-2017)

60.9 m
First Business's current market capitalization is $181.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

53.8 m57.7 m72.5 m96.1 m

Revenue growth, %

7%26%33%

Cost of goods sold

13.8 m14.8 m

Gross profit

58.6 m81.3 m

Gross profit Margin, %

81%85%

EBIT

58.6 m63.3 m

EBIT margin, %

81%66%

Pre tax profit

24.9 m17.1 m

Net Income

13.7 m14.1 m16.5 m14.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

21.6 m22.2 m23.9 m25.4 m22.5 m22.5 m

Cost of goods sold

3.3 m3.5 m3.8 m3.8 m3.6 m3.6 m

Gross profit

18.3 m18.7 m20.1 m21.6 m18.9 m19 m

Gross profit Margin, %

85%84%84%85%84%84%

Sales and marketing expense

6.9 m7.3 m8.4 m8.4 m7.6 m8.7 m

R&D expense

655 k587 k651 k697 k623 k584 k

Operating expense total

7.6 m7.9 m9 m9.1 m8.3 m9.3 m

EBIT

14.2 m14.6 m15.5 m15.7 m15.3 m14.9 m

EBIT margin, %

66%66%65%62%68%66%

Pre tax profit

5.8 m6.4 m6.9 m5.3 m(355 k)4.8 m

Income tax expense

(364 k)137 k(320 k)2 m2.1 m2.4 m1.6 m(2.9 m)1.4 m

Net Income

6.8 m10.4 m4.2 m8.1 m12.4 m4.5 m8.3 m10.8 m3.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

81.3 m103.2 m113.6 m77.5 m

Accounts Receivable

80.6 k

PP&E

3.9 m4 m3.8 m

Total Assets

1.3 b1.6 b1.8 b1.8 b

Accounts Payable

1.5 b

Total Liabilities

1.6 b

Additional Paid-in Capital

56 m75 m76.5 m77.5 m

Retained Earnings

57.1 m67.9 m80.6 m91.3 m

Total Equity

150.8 m161.7 m

Financial Leverage

11.8 x11 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

86 m174.5 m141.9 m88.8 m122.7 m104.9 m131.6 m68.8 m60.9 m

PP&E

3.9 m4 m3.9 m3.9 m4 m3.9 m4 m

Total Assets

1.3 b1.4 b1.7 b1.7 b1.7 b1.8 b1.8 b1.8 b1.8 b

Accounts Payable

1.2 b1.3 b1.5 b1.5 b1.5 b1.6 b1.6 b1.6 b1.5 b

Additional Paid-in Capital

56.5 m56.9 m75.6 m75.8 m76.2 m76.9 m77.1 m77.5 m77.8 m

Retained Earnings

62.3 m65.1 m71.1 m74 m77.5 m84.1 m86.8 m88.3 m93.6 m

Total Equity

144.3 m148 m155.2 m158.4 m159.9 m164.1 m

Financial Leverage

11.7 x11.8 x11.5 x11.5 x11.1 x11 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

13.7 m14.1 m16.5 m14.9 m

Cash From Operating Activities

15.9 m11.9 m23.2 m26.2 m

Cash From Investing Activities

(54.9 m)(332.7 m)(149.6 m)(44.3 m)

Long-term Borrowings

(469 k)(1 m)

Dividends Paid

(2.5 m)(3.4 m)(3.8 m)(4.2 m)

Cash From Financing Activities

34.7 m342.8 m136.7 m(17.9 m)

Income Taxes Paid

6.1 m7.2 m5.7 m5.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

6.8 m10.4 m4.2 m8.1 m12.4 m4.5 m8.3 m10.8 m3.4 m

Cash From Operating Activities

6.6 m11.2 m2.8 m10.8 m12.1 m9.8 m15.6 m16.8 m4.9 m

Cash From Investing Activities

(33.1 m)(65.7 m)(11.3 m)(69.8 m)(93.5 m)(22.2 m)(25.1 m)(42.5 m)(36.4 m)

Long-term Borrowings

1.5 m2.5 m

Dividends Paid

(1.7 m)(2.5 m)(954 k)(1.9 m)(2.9 m)(1 m)(2.1 m)(3.1 m)(1.1 m)

Cash From Financing Activities

31.2 m147.7 m47.2 m44.7 m100.8 m3.7 m27.6 m(19.1 m)14.9 m

Income Taxes Paid

2.9 m5.1 m525 k1.5 m3.8 m1.5 m3.4 m5.1 m(314 k)
USDY, 2017

Revenue/Employee

87.6 k

Financial Leverage

11 x

First Business Market Value History

Traffic Overview of First Business

First Business Online and Social Media Presence

First Business News and Updates

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