CBZ Cbiz Dashboard

CBIZ, Inc. is a leading provider of financial, insurance and advisory services to businesses throughout the United States. Financial services include accounting, tax, transaction advisory, risk advisory, valuation services and government health care consulting. Insurance services include employee benefits consulting, retirement plan consulting, property and casualty insurance, payroll, and human capital consulting. With more than 100 Company offices in 31 states, CBIZ is one of the largest accounting and insurance brokerage providers in the U.S.

Company profile

Ticker

CBZ

Exchange

NYSE

Website

www.cbiz.com

CEO

Jerome Grisko

Incorporated

Delaware

Location

Ohio

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Payroll Services

Industry (SIC)

Services - Business Services, NEC

Alibaba Group Holding • Visa • Uber • EBay • PayPal • Accenture • Nielsen • Conduent • Mastercard • MultiPlan ...

Former names

CENTURY BUSINESS SERVICES INC, INTERNATIONAL ALLIANCE SERVICES INC, REPUBLIC ENVIRONMENTAL SYSTEMS INC

SEC CIK

0000944148

Corporate docs

Articles of Incorporation & Bylaws

IRS number

222769024

CBZ stock data

S&P 500

1M 1Y 2Y 5Y

News

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CBIZ Q2 EPS $0.16 Misses $0.37 Estimate, Sales $278.60M Beat $257.43M Estimate

29 Jul 21

CBIZ (NYSE:CBZ) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.37 by 56.76 percent. This is a 58.97 percent decrease over earnings of $0.39 per share from the same period

Earnings Scheduled For July 29, 2021

29 Jul 21

Companies Reporting Before The Bell • Smith & Nephew (NYSE:SNN) is projected to report earnings for its second quarter.

CBIZ Reaches Settlement Agreement With UPMC; Co. To Pay One-Time Settlement Amount Of $41.5M

30 Jun 21

CBIZ, Inc. (NYSE:CBZ) ("the Company"), a leading provider of financial, insurance and advisory services, today announced an agreement to settle the previously disclosed University of Pittsburgh Medical Center

Stocks That Hit 52-Week Highs On Friday

7 May 21

Press releases

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CBIZ Reports Second-Quarter And First-Half 2021 Results And Raises Full-Year 2021 Revenue Guidance

29 Jul 21

CLEVELAND, July 29, 2021 /PRNewswire/ -- CBIZ, Inc. (NYSE:CBZ) (the "Company"), a leading provider of financial, insurance and advisory services, today announced results for the second quarter ended June 30,

CBIZ to Announce Second-Quarter and First-Half 2021 Results on July 29, 2021

15 Jul 21

CLEVELAND, July 15, 2021 /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

Hiring Trends Show Positive Signs in June

2 Jul 21

Increased hiring among small businesses sets the stage for continued growth in the third quarter, according to the CBIZ Small Business Employment Index The CBIZ Small Business Employment Index ("SBEI") reported a

CBIZ Reaches Settlement Agreement With UPMC

30 Jun 21

Economic Recovery Outpaces Staffing Growth on Main Street

29 Jun 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

30 Jul 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart CBZ financial data

Quarter (USD)	Jun 21	Mar 21	Dec 20	Sep 20
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Cost of revenue
Operating income
Operating margin
Net income
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Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
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Financial data from Cbiz earnings reports.

Recent insider trades

CBZ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Jul 21	Benaree Pratt Wiley	Common Stock	Sell	Dispose S	Yes	Yes	31.996	2,100	67.19K	52,771
25 May 21	Steven L Gerard	Common Stock	Sell	Dispose S	No	No	33.0923	16,012	529.87K	284,376.44
24 May 21	Steven L Gerard	Common Stock	Sell	Dispose S	No	No	33.7001	15,523	523.13K	300,388.44
21 May 21	Steven L Gerard	Common Stock	Sell	Dispose S	No	No	33.7724	14,368	485.24K	315,911.44
17 May 21	Joseph S Dimartino	Common Stock	Sell	Dispose S	No	No	34.4777	5,933	204.56K	42,617
12 May 21	Steven L Gerard	Common Stock	Grant	Aquire A	No	No	0	3,738	0	330,279.44

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

CBZ institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

88.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	164	167	-1.8%
Opened positions	18	26	-30.8%
Closed positions	21	21	–
Increased positions	46	53	-13.2%
Reduced positions	68	59	+15.3%

13F shares	Current	Prev Q	Change
Total value	2.2B	1.3B	+69.2%
Total shares	47.11M	48.8M	-3.5%
Total puts	0	100K	EXIT
Total calls	0	0
Total put/call ratio	–	Infinity	–

Largest owners	Shares	Value	Change
BLK Blackrock	3.98M	$129.91M	+4.6%
Dimensional Fund Advisors	3.95M	$128.93M	-2.3%
P2 Capital Partners	3.49M	$113.85M	0.0%
Vanguard	2.61M	$85.16M	+1.6%
WFC Wells Fargo & Co.	2.46M	$80.48M	+10.2%
Mawer Investment Management	2.36M	$76.94M	-0.5%
Wellington Management	2.12M	$69.15M	+20.8%
Burgundy Asset Management	1.91M	$62.36M	-0.3%
Cardinal Capital Management	1.9M	$62.11M	-11.2%
Eaton Vance Management	1.87M	$60.98M	+10.4%

Largest transactions	Shares	Bought/sold	Change
Nuveen Asset Management	208.92K	-834.94K	-80.0%
Norges Bank	0	-803.14K	EXIT
Wellington Management	2.12M	+364.26K	+20.8%
BMO Bank of Montreal	3.82K	-346.35K	-98.9%
NTRS Northern Trust	1.29M	-282K	-17.9%
Cardinal Capital Management	1.9M	-239.51K	-11.2%
WFC Wells Fargo & Co.	2.46M	+228.81K	+10.2%
AMP Ameriprise Financial	29.66K	-186.99K	-86.3%
NFJ Investment	178.25K	+178.25K	NEW
Eaton Vance Management	1.87M	+175.32K	+10.4%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

The Financial Services practice group revenue for the three months ended June 30, 2021 grew by 21.1% to $186.6 million from $154.1 million during the same period in 2020. Same-unit revenue grew by $20.4 million, or 13.3%, across all service lines, primarily driven by those units that provide traditional accounting and tax-related services, which increased $10.3 million, and those units that provide project-oriented advisory services, which increased by $8.0 million, as well as moderate growth of $1.9 million in government healthcare compliance business. The impact of acquired businesses, net of divestitures, contributed $12.2 million, or 6.5% of 2021 revenue.
We provide a range of services to affiliated CPA firms under joint referral and administrative service agreements (“ASAs”). Fees earned under the ASAs are recorded as revenue in the accompanying Condensed Consolidated Statements of Comprehensive Income and were approximately $45.2 million and $39.7 million for the three months ended June 30, 2021 and 2020, respectively.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: aforementioned, asset, Bernston, continent, dba, established, human, intangible, larger, Medicaid, membership, necessity, pertaining, preliminary, provisional, reached, Schramm, Scottsdale, settlement

Removed: acquiring, committed, compensatory, comprised, cultural, culture, deductible, denied, extraordinary, firm, geography, history, industry, leadership, list, long, midsize, motion, portion, punitive, retention, team, undiscounted, work

From filing 10-Q 2021 Q2