The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. First Business Financial Services's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.24.
The historical rank and industry rank for First Business Financial Services's Dividend Payout Ratio or its related term are showing as below:
FRA:45D'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.22 Max: 0.38
Current: 0.2
During the past 13 years, the highest Dividend Payout Ratio of First Business Financial Services was 0.38. The lowest was 0.17. And the median was 0.22.
FRA:45D's Dividend Payout Ratio is ranked better than 78.53% of 1169
companies
in the Banks industry
Industry Median: 0.32
vs FRA:45D: 0.20
During the past 13 years, the highest Trailing Annual Dividend Yield of First Business Financial Services was 4.61%. The lowest was 1.81%. And the median was 2.32%.
During the past 12 months, First Business Financial Services's average Dividends Per Share Growth Rate was 16.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 13.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 11.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Business Financial Services was 67.10% per year. The lowest was 0.00% per year. And the median was 9.15% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
First Business Financial Services (FRA:45D) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
First Business Financial Services Dividend Payout Ratio Related Terms
First Business Financial Services Dividend Payout Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Business Financial Services Dividend Payout Ratio Chart
FRA:45D vs WCCB, BSRR, HBCP: Dividend Payout Ratio Comparison
For the Banks - Regional subindustry, First Business Financial Services's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Business Financial Services Dividend Payout Ratio vs Banks Industry
For the Banks industry and Financial Services sector, First Business Financial Services's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where First Business Financial Services's Dividend Payout Ratio falls into.
First Business Financial Services Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Business Financial Services (FRA:45D) has a Dividend Payout Ratio of 0.24 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Business Financial Services and its competitors. This is near median its historical median of 0.22. Over the past decade, First Business Financial Services' Dividend Payout Ratio has ranged from 0.17 to 0.38. According to the industry distribution chart, First Business Financial Services ranks #251 out of 1169 companies in the Banks industry, placing it in the top 21.5%.
Is First Business Financial Services' Dividend Payout Ratio too high?
First Business Financial Services' current Dividend Payout Ratio of 0.24 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.38. The Banks industry median Dividend Payout Ratio is 0.32. First Business Financial Services' value of 0.24 is 25% below this industry median. Based on the distribution chart, First Business Financial Services ranks #251 out of 1169 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, First Business Financial Services has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Business Financial Services' Dividend Payout Ratio compare to WCCB and BSRR?
According to the Banks industry distribution chart, First Business Financial Services ranks #251 out of 1169 companies for Dividend Payout Ratio. This places First Business Financial Services in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.32. First Business Financial Services' value of 0.24 is 25% below this benchmark. Historically, First Business Financial Services' own Dividend Payout Ratio has ranged from 0.17 to 0.38 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.32, First Business Financial Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,169 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Business Financial Services's current Dividend Payout Ratio of 0.24 is 25% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Business Financial Services and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Business Financial Services's current Dividend Payout Ratio is 0.24, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Business Financial Services stock overvalued right now?
Based on GuruFocus' analysis, First Business Financial Services (FRA:45D) is currently considered Modestly Overvalued. The stock's GF Value™ is €46.05, compared to a current price of €55.50 — trading 20.5% above its estimated fair value. The current Dividend Payout Ratio is 0.24, which is near median its 10-year median of 0.22 and 25% below the Banks industry median of 0.32. First Business Financial Services' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For First Business Financial Services (FRA:45D), the current Dividend Payout Ratio is 0.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Business Financial Services (FRA:45D) Overvalued in 2026?
Based on GuruFocus' analysis, First Business Financial Services stock appears to be overvalued.
The current stock price of €55.50 is trading 20.5% above its estimated GF Value™ of €46.05.
GuruFocus considers First Business Financial Services to be Modestly Overvalued.
Key valuation signals for FRA:45D:
Dividend Payout Ratio: 0.24 (near median its 10-year median of 0.22)
GF Value™: €46.05 vs. price of €55.50 (20.5% above fair value)
Industry Position: 25% below the Banks median (#251 of 1169)
No single metric tells the full story. See the FRA:45D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Business Financial Services Business Description
First Business Financial Services Inc operates as a bank holding company. The Bank operates as a business bank, delivering a full line of commercial banking products, including commercial loans and commercial real estate loans, to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high-net-worth individuals. The company's products and services include commercial lending, SBA lending and servicing, asset-based lending, equipment financing, factoring, trust, and investment services, treasury management services, and a broad range of deposit products. Geographically, all the business activity functioned through the region of the United States.
71GF Score
Get the complete analysis for FRA:45D
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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