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Cbiz Inc - CBZ STOCK NEWS

Welcome to our dedicated page for Cbiz news (Ticker: CBZ), a resource for investors and traders seeking the latest updates and insights on Cbiz stock.

Overview

CBIZ Inc (CBZ) is a premier professional services firm specializing in accounting, tax advisory, and comprehensive financial services. Recognized for its expertise in providing business and employee solutions, CBIZ has established itself as a trusted advisor to middle-market businesses and organizations nationwide. With a strong emphasis on accuracy and client-centric strategies, the company integrates deep industry knowledge with actionable insights to help clients optimize their financial and human capital management.

Core Business Areas

At its core, CBIZ Inc delivers a broad spectrum of professional services that include:

  • Financial Services: Accounting, tax, financial advisory, transaction services, government health care consulting, risk advisory, and valuation services form the backbone of this segment. These services are designed to help clients manage financial operations efficiently while ensuring compliance and strategic growth.
  • Benefits and Insurance Services: As one of the nation’s largest brokers for employee benefits and property & casualty insurance, the company offers customized solutions such as retirement plan consulting, payroll services, life and disability insurance, and human resources consulting. These services empower clients to manage their workforce benefits with precision.
  • National Practices: This practice group aggregates specialized services including real estate consulting, specialized advisory services, and executive recruitment. These offerings are tailored to meet the nuanced needs of various sectors, ensuring comprehensive support for business operations.

Market Position and Competitive Landscape

CBIZ Inc stands out in the competitive landscape by leveraging its diversified service model and extensive geographical presence. With offices spanning multiple states, the company has positioned itself as a vital resource for businesses across sectors such as banking and financial services, commercial real estate, construction, health care, manufacturing, non-profit organizations, education, technology, and life sciences. The firm's unique combination of multifaceted expertise and a high rate of recurring revenue underscores its resilience in a dynamic market environment. Despite operating in a fragmented industry, CBIZ differentiates itself through its integrated approach, providing end-to-end solutions rather than siloed offerings.

Expertise and Industry Insight

The company is noted for its precise analytical approach and deep industry insights. CBIZ’s team of professionals, known for its extensive experience in areas such as risk analytics and financial forecasting, provides clients with robust, data-driven strategies that address both daily operational requirements and long-term strategic needs. This expertise is not limited to traditional financial and accounting services; it extends into employee benefits consulting, government health care advisory, and a diverse array of consulting services aimed at helping clients navigate challenging economic landscapes.

Client-Centric Approach and Operational Excellence

A significant aspect of CBIZ Inc’s identity is its commitment to personalized, client-centric service. The firm employs an approach that is both consultative and collaborative, ensuring that clients receive tailored solutions that align with their unique business needs. This methodical approach enables clients to streamline their operations, mitigate risks, and enhance overall organizational performance. By maintaining high standards of quality and accountability, CBIZ fosters long-lasting relationships built on trust and mutual success.

National Reach and Capabilities

With an expansive network of offices and a presence in diverse geographic regions of the United States, CBIZ Inc is well-equipped to serve clients nationwide. The company’s operational model is designed to address various scales of business requirements—from localized support to national strategic planning. Its robust infrastructure allows it to efficiently manage large-scale projects and adapt to regional market trends without compromising on service quality.

Integration of Services and Strategic Value

By consolidating its service offerings into three distinct yet interrelated practice groups, CBIZ Inc ensures that clients benefit from a holistic suite of services without facing the challenges of dealing with multiple vendors. This integrated service delivery model not only streamlines client operations but also enhances the overall value proposition. Each service area is anchored by industry-leading expertise and operational proficiency, reinforcing the company’s position as a comprehensive advisor in the professional services domain.

Commitment to Expertise and Continuous Improvement

Central to the company’s philosophy is a commitment to continuous improvement and industry leadership. CBIZ Inc invests in ongoing professional development and technological innovation, which enables it to keep pace with evolving market regulations and emerging trends. This forward-thinking approach has allowed the firm to maintain robust operational performance even in complex and volatile market conditions, ensuring that clients benefit from both proven methodologies and innovative solutions.

Conclusion

In summary, CBIZ Inc (CBZ) is an established professional services provider with an extensive portfolio that spans financial and accounting services, risk management, employee benefits, insurance, and strategic advisory. Its integrated approach, profound industry expertise, and nationwide reach make it a comprehensive and trusted partner for middle-market businesses. By consistently delivering high-quality, customized solutions, CBIZ reinforces its reputation as an authoritative and reliable advisor in an ever-evolving business landscape.

Rhea-AI Summary
CBIZ Small Business Employment Index (SBEI) reported a 0.15% increase in November, tracking hiring trends for over 3,100 small businesses. The national unemployment rate fell to 3.7%, with the West region showing the only increase in hiring. Management, Transportation, and Utilities saw gains, while Agriculture, Fishing and Hunting, Information, and Rental and Leasing Services experienced decreases.
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CBIZ, Inc. (CBZ) has joined the International Benefits Network (IBN), a global network of independent employee benefits and wellbeing consulting firms in over 80 countries. CBIZ has also been appointed to the prestigious IBN Global Council, responsible for the overall strategy and leadership of the member Network. The partnership underscores the hard work of CBIZ's team and their commitment to clients’ success.
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CBIZ, Inc. (NYSE: CBZ) announces nominations are open for the fourth annual Women Transforming Business Awards (WTBAs), powered by CBIZ’s Women's Advantage (CWA). The awards honor leaders who have driven significant change in financial strength, innovation, culture, community impact, and emerging leadership. New this year is the Emerging Leader Award. Nominations are open until January 12, 2024, and honorees will be announced on March 8, with a virtual event in May 2024.
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CBIZ, Inc. (NYSE: CBZ) appoints Jaileah Huddleston as the new Chief Legal Officer and Corporate Secretary, replacing long-time General Counsel and Secretary Mike Gleespen. Huddleston brings over 20 years of business and legal experience from Brown-Forman Corporation and Evergy, Inc. She will oversee all legal affairs, support the Board of Directors, and contribute to corporate governance matters.
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CBIZ reports strong Q3 2023 results with total revenue up 13.0% and net income up 22.6%. Acquisitions contributed to revenue growth. CBIZ affirms revenue and EPS guidance for the full year.
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CBIZ, Inc. to announce Q3 2023 financial results on October 26th.
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67% of small to mid-sized businesses anticipate further economic decline, with cash flow concerns at the forefront. 41% of businesses reported facing higher borrowing costs. Layoffs increased by 2% from Q2. Employee turnover rose to over 54%.
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CBIZ, Inc. will announce its financial results for Q2 2023 on July 27, 2023. The conference call to discuss the results will be hosted by CBIZ President and CEO Jerry Grisko and CFO Ware Grove. Investors can register to receive the dial-in number and participate in the call.
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FAQ

What is the current stock price of Cbiz (CBZ)?

The current stock price of Cbiz (CBZ) is $76.98 as of April 1, 2025.

What is the market cap of Cbiz (CBZ)?

The market cap of Cbiz (CBZ) is approximately 4.1B.

What does CBIZ Inc specialize in?

CBIZ Inc specializes in providing a range of professional services, including accounting, tax advisory, financial consulting, benefits consulting, and insurance brokerage. Its integrated service model addresses the comprehensive needs of middle-market clients.

Which industries does CBIZ serve?

The company serves diverse industries such as banking, health care, real estate, construction, manufacturing, technology, and public sector organizations, ensuring tailored solutions for each sector.

How is CBIZ’s business model structured?

CBIZ operates through three principal practice groups: Financial Services, Benefits and Insurance Services, and National Practices. This structure allows it to offer end-to-end solutions that combine financial, advisory, and risk management services.

What geographic regions does CBIZ cover?

CBIZ primarily operates within the United States, leveraging a broad network of offices across numerous states to provide localized support alongside national strategic planning.

How does CBIZ generate its revenue?

The company generates revenue through a fee-for-service model that spans multiple disciplines, including consulting, advisory services, and insurance brokerage, ensuring a balanced mix of recurring and project-based income.

What differentiates CBIZ from competitors?

CBIZ stands out due to its integrated suite of services, deep industry expertise, and national footprint, which together provide clients with a holistic, one-stop solution for financial, tax, and employee benefits consulting.

How does CBIZ approach client engagement?

The firm takes a client-centric approach, tailoring its services to meet the unique challenges and objectives of each client through personalized strategies and collaborative implementation.

Does CBIZ offer employee benefits services?

Yes, CBIZ is one of the largest brokers in employee benefits and property & casualty insurance. The company offers a full suite of services designed to optimize workforce benefits and overall human capital management.
Cbiz Inc

NYSE:CBZ

CBZ Rankings

CBZ Stock Data

4.15B
51.09M
4.89%
86.44%
2.72%
Specialty Business Services
Services-business Services, Nec
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United States
INDEPENDENCE