CBIZ

CBIZ, Inc. engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services. The Benefits and Insurance Services segment includes group health benefits consulting, property and casualty brokerage, retirement plan services, and payroll. The National Practices segment deals with managed networking and hardware, and healthcare consulting. The company was founded by Michael G. DeGroote Sr. on October 17, 1996 and is headquartered in Cleveland, OH.

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Earnings data Q4 2024

CBIZ reports stellar Q4 results, eyes growth through acquisitions

CBIZ's Q4 2022 earnings call highlighted robust financial performance, strategic acquisitions, and positive growth outlook for 2023.
The company's focus on client retention, market expertise, and digital initiatives positions them well for future success.
While challenges exist in a competitive market, CBIZ's opportunities for expansion and profitability are notable.

CBIZ (CBZ) reports robust Q1 performance and optimistic full-year outlook

CBIZ (CBZ) delivers strong Q1 results, driven by revenue growth in key divisions. Challenges include labor constraints and market exposure, but opportunities lie in M&A and revenue strategies.

CBIZ reports strong Q2 performance, raises full-year revenue guidance

CBIZ delivered strong Q2 results with revenue growth across divisions and raised full-year guidance.
Challenges in Government Health Care consulting and tax business in California impacted earnings.
Opportunities lie in addressing challenges, optimizing revenue streams, and strategic growth focus.
Overall, CBIZ remains committed to growth targets and expresses confidence in future performance.

CBIZ reports robust Q3 performance, eyes growth through acquisitions

CBIZ delivered strong financial performance in Q3 2023, showcasing growth and resilience across its key business segments. Despite challenges with market shifts and capital losses, the company remains focused on margin improvement and strategic acquisitions for future growth.

CBIZ reports robust Q4 performance, eyes growth amid challenges

CBIZ delivered impressive financial results in Q4 2023, driven by revenue growth, acquisitions, and strong performance across divisions.
While facing challenges such as market uncertainties and operational complexities, CBIZ remains well-positioned to leverage opportunities for growth and innovation.
Investors can look forward to continued value creation as CBIZ maintains financial stability, pursues strategic acquisitions, and navigates industry dynamics.

CBIZ (CBZ) reports robust Q1 performance and strategic growth initiatives

CBIZ (CBZ) delivered a strong performance in Q1 2024, driven by revenue growth and strategic acquisitions.
The company's strengths lie in higher margins in advisory services, optimism across industries, and ongoing investments.
Challenges include managing interest expenses, M&A integration, and balancing investments for growth and profitability.
Opportunities for CBIZ (CBZ) include margin expansion, growth in client industries, and enhanced service offerings through acquisitions.

CBIZ reports revenue growth and strategic acquisition with Marcum

CBIZ's Q2 performance showed revenue growth and strategic acquisitions driving expansion.
While facing challenges in certain divisions, CBIZ's strong balance sheet and growth outlook remain positive.
The acquisition of Marcum presents significant revenue and client base expansion opportunities for CBIZ.

CBIZ reports robust Q3 results, eyes market leadership with Marcum acquisition

CBIZ delivered strong financial performance in Q3 2024, with revenue and earnings growth surpassing expectations.
While facing challenges related to external uncertainties, the company's strategic strengths and growth initiatives position it well for future opportunities.
By focusing on acquisitions, client relationships, and operational efficiency, CBIZ aims to sustain its growth trajectory and enhance shareholder value.

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CBIZ, Inc. engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services. The Benefits and Insurance Services segment includes group health benefits consulting, property and casualty brokerage, retirement plan services, and payroll. The National Practices segment deals with managed networking and hardware, and healthcare consulting. The company was founded by Michael G. DeGroote Sr. in 1987 and is headquartered in Independence, OH.

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the Q2 2022 CBIZ Main Street Index, which takes the pulse of and gauges the outlook for small and mid-sized businesses (SMBs). The results reveal the majority of business owners are optimistic about their future. Additionally, Main Street businesses are exercising resilience and nimbleness as they navigate multiple challenges brought on by high prices amid a potenti

Majority of Main Street Businesses Remain Confident Despite Persistent Economic Challenges

Here is how CBIZ (CBZ) and Franklin Covey (FC) have performed compared to their sector so far this year.

Has CBIZ (CBZ) Outpaced Other Business Services Stocks This Year?

CLEVELAND , July 12, 2022 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, will announce its financial results for the second-quarter and first-half periods ended June 30, 2022, before financial markets open on Thursday, July 28, 2022. A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11 a.m.

CBIZ TO ANNOUNCE SECOND-QUARTER AND FIRST-HALF 2022 RESULTS ON JULY 28, 2022

CLEVELAND , July 8, 2022 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced today that it has acquired Stinnett & Associates ("Stinnett") of Tulsa, Oklahoma, effective July 1, 2022. Founded by Melinda Stinnett in 2001, Stinnett is a professional advisory firm and certified Women's Business Enterprise providing internal audit, Sarbanes-Oxley compliance, cybersecurity reviews, business continuity and disaster recovery, and fraud investigations to businesses of all sizes including Fortune 1000 organizations in a variety of industries.

CBIZ ACQUIRES STINNETT & ASSOCIATES, PROFESSIONAL ADVISORY FIRM WITH OFFICES IN OKLAHOMA, TEXAS AND COLORADO

CBIZ (CBZ) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in CBIZ (CBZ): Can Its 6.1% Jump Turn into More Strength?

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CLEVELAND , May 25, 2022 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) today announced the expansion of its unsecured credit facility from $400 million to $600 million. Through the amended agreement, the credit facility maturity date is extended to five years and includes an accordion feature that permits lenders to extend an additional $200 million at a later date.

CBIZ EXPANDS ITS UNSECURED CREDIT FACILITY TO $600 MILLION AND EXTENDS MATURITY DATE THROUGH 2027

CBIZ offers financial, insurance, and advisory services in the United States. The company looks for targets with cross-serving potential operating in attractive geographic markets and immediately accretive transactions.

CBIZ: Solid EBITDA Margin And Promising 2022 Guidance

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, names the winners of the second annual Women Transforming Business Award which is powered by CBIZ's Women's Advantage (“CWA”). The virtual celebration also included a keynote discussion with Martha Stewart, Founder of Martha Stewart Living Omnimedia, about the business challenges she has faced, how she overcame them and what her future plans may look like. “The award has quickly

CBIZ Announces Winners of the 2022 Women Transforming Business Award

CBIZ, Inc. (NYSE:CBZ ) Q1 2022 Results Earning Conference Call April 28, 2022 11:00 AM ET Company Participants Lori Novickis - Director of Corporate Relations Jerome Grisko - President and Chief Executive Officer Ware Grove - Senior Vice President and Chief Financial Officer Conference Call Participants Christopher Moore - CJS Securities Andrew Nicholas - William Blair Operator Good morning, and welcome to the CBIZ First Quarter Conference Call. [Operator Instructions] Please note that this event is being recorded.

CBIZ, Inc. (CBZ) CEO Jerome Grisko on Q1 2022 Results - Earning Call Transcript

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ) today announced that CBIZ Investment Advisory Services, LLC (CBIZ IAS) has been ranked #4 by Barron's in the publication's list of the Top 100 Institutional Consulting Teams nationwide. This marks the third consecutive year CBIZ IAS has made the list. Its 2022 ranking is seven positions higher than its placement in 2021. The 2022 Top 100 Institutional Consulting Teams is an annual listing of the nation's top investment management teams which sp

CBIZ Investment Advisory Services Named #4 on Barron's List of Top 100 Institutional Consulting Teams

FIRST-QUARTER HIGHLIGHTS: TOTAL REVENUE UP 30.3%; SAME-UNIT REVENUE UP 9.6% GAAP EPS UP 19.6%; ADJUSTED EPS UP 28.3% INCOME FROM CONTINUING OPERATIONS UP 15.8%; ADJUSTED EBITDA UP 26.7% CLEVELAND , April 28, 2022 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ", or the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the first quarter ended March 31, 2022. For the 2022 first quarter, CBIZ recorded revenue of $391.7 million, an increase of $91.0 million, or 30.3%, compared with $300.7 million reported for the same period in 2021.

CBIZ REPORTS FIRST-QUARTER 2022 RESULTS

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the Q1 2022 CBIZ Main Street Index, which takes the pulse of and gauges the outlook for small and mid-sized businesses (SMBs). The findings reveal a theme of resiliency among employers in the face of persistently high inflation, a tight labor market and lingering supply chain issues. Sixty-four percent of respondents say inflation continues to be the biggest burden

Main Street Businesses Showing Resilience in the Face of Multiple Economic Headwinds

CLEVELAND , April 14, 2022 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the first quarter period ended March 31, 2022, before markets opens on Thursday, April 28, 2022. A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11 a.m.

CBIZ TO ANNOUNCE FIRST-QUARTER 2022 RESULTS ON APRIL 28, 2022

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc., (NYSE: CBZ) is saddened to share news of the passing today of Steven L. Gerard, the company's Chairman and former Chief Executive Officer, following a brief illness. Mr. Gerard was 76 years old. “On behalf of our Board of Directors and the entire CBIZ family, I extend our deepest condolences to Steve's wife, Jane, and the entire Gerard family,” said Jerry Grisko, CBIZ President and Chief Executive Officer. “Steve was a tremendous leader who was beloved ac

CBIZ Announces Passing of Chairman and Former CEO Steven L. Gerard

CBIZ (CBZ) possesses solid growth attributes, which could help it handily outperform the market.

Is CBIZ (CBZ) a Solid Growth Stock? 3 Reasons to Think " Yes "

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has announced the finalists for its second annual Women Transforming Business Awards. Powered by CBIZ's Women's Advantage (“CWA”), the award identifies and honors leaders who have had a transformational influence within their organization in one of three areas: financial strength, innovation or culture. The finalists are announced today in honor of International Women's Day. “Ov

CBIZ Names Finalists for 2022 Women Transforming Business Award

CBIZ (CBZ) CEO Jerome Grisko on Q4 2021 Results - Earning Calls Transcript

CLEVELAND, Feb. 17, 2022 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("CBIZ", or the "Company"), a leading provider of financial, insurance and advisory services, today announced fourth-quarter and full-year results for the period ended December 31, 2021. For the 2021 fourth quarter, CBIZ recorded revenue of $242.8 million, an increase of $31.7 million, or 15.0%, compared with $211.1 million reported for the same period in 2020.

CBIZ REPORTS FOURTH-QUARTER AND FULL-YEAR 2021 RESULTS

CLEVELAND, Feb. 3, 2022 /PRNewswire/ -- CBIZ, Inc., (NYSE: CBZ) ("the Company") a leading provider of financial, insurance and advisory services, will announce its financial results for the fourth quarter and full year period ended December 31, 2021, before markets opens on Thursday, February 17, 2022. A conference call to discuss the Company's financial results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove at 11 a.m.

CBIZ TO ANNOUNCE FOURTH-QUARTER AND FULL-YEAR 2021 RESULTS ON FEBRUARY 17, 2022

After losing some value lately, a hammer chart pattern has been formed for CBIZ (CBZ), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

CBIZ (CBZ) Could Find Support Soon, Here's Why You Should Buy the Stock Now

CLEVELAND--(BUSINESS WIRE)--CBIZ, Inc. (NYSE: CBZ), a leading provider of financial, insurance and advisory services, has released the Q4 2021 CBIZ Main Street Index, which takes the pulse of and gauges the outlook for small and mid-sized businesses (SMBs). The findings reveal an increasing number of employers are responding to worker demands for better pay and benefits, as changes to the job market landscape continue amid the ongoing pandemic. The survey also found nine of 10 SMBs are struggli

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CBIZ (CBZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

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CLEVELAND, Jan. 10, 2022 /PRNewswire/ -- CBIZ, Inc. (NYSE: CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, announced today that it has acquired the non-attest assets of Marks Paneth LLP, effective January 1, 2022. Concurrent with this transaction, Mayer Hoffman McCann P.C.

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