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.
CBIZ Inc (NYSE: CBZ) delivers essential financial, benefits, and advisory services to businesses nationwide. This news hub provides investors and professionals with timely updates on corporate developments, strategic initiatives, and market insights directly from the company.
Access official press releases covering quarterly earnings, leadership appointments, mergers & acquisitions, and regulatory filings. Our curated collection ensures you stay informed about CBIZ’s accounting innovations, employee benefits solutions, and risk advisory services shaping the professional services sector.
Key updates include financial performance data, partnership announcements, and operational expansions across CBIZ’s three core segments: Financial Services, Benefits & Insurance, and National Practices. Bookmark this page for verified information about tax advisory trends, middle-market business strategies, and insurance brokerage developments.
For stakeholders tracking CBIZ’s impact in banking, healthcare, real estate, and technology sectors, this resource offers organized access to critical updates. Visit regularly to monitor how the company’s integrated services address evolving industry challenges and opportunities.
The CBIZ Small Business Employment Index (SBEI) reported a 0.1% hiring increase in March, signaling a rebound after two months of declines. This index tracks trends among over 3,700 small businesses with 300 or fewer employees. Industries like Arts and Entertainment and Accommodations and Food Services saw significant hiring growth, while the West region recorded a decline of 0.82%. Executive VP Philip Noftsinger highlighted that rising inflation concerns are prompting more hiring as consumer demand increases. The report suggests an improving labor market as seasonal hiring ramps up.
CBIZ, Inc. (NYSE: CBZ) has announced the finalists for its second annual Women Transforming Business Awards, honoring women leaders for their influence in financial strength, innovation, and culture.
The finalists, revealed on International Women’s Day, are recognized for their exceptional leadership and contributions to their organizations. The awards celebration will feature Martha Stewart as a special guest on April 26, 2022.
The CBIZ Small Business Employment Index reported a 0.09% decrease in February, marking an improvement from previous declines. The index tracks payroll trends for over 3,600 small businesses. Despite a reported decline of 96,000 jobs among small firms as per ADP and Moody's, hiring was noted to increase in sectors like Administration, Insurance, and Technology. Regions like the West and Southeast saw slight hiring increases, contrasting declines in the Northeast and Central regions. The economic landscape indicates potential for recovery amid rising inflation concerns.
CBIZ reported strong financial results for Q4 and full-year 2021, with revenues rising 15% to $242.8 million in Q4 and 14.6% to $1.1 billion for the year. However, the company faced a loss from continuing operations in Q4 of $9.6 million, compared to a minimal loss in 2020. Adjusted diluted EPS increased by 16.9% to $1.66. The company made strategic acquisitions, including Marks Paneth, expected to generate $138 million in 2022 revenue. For 2022, CBIZ forecasts revenue growth of 19% to 21%, with fully diluted EPS anticipated to reach $1.89 to $1.93.
The CBIZ Small Business Employment Index reported a 0.95% decrease in hiring for January, reversing December's gains. This index tracks trends for over 3,500 small businesses. The decline is attributed to factors including a surge in omicron cases and typical seasonal hiring patterns. Notably, small businesses shed 144,000 jobs, while the Central and Northeast regions saw the largest declines. In contrast, gains were noted in Mining and Rental and Leasing. The report indicates ongoing challenges for small businesses, with potential for recovery as COVID-19 cases decline.
CBIZ, a leading provider of financial, insurance, and advisory services, plans to announce its fourth quarter and full year results for 2021 on February 17, 2022. The announcement will occur before market opening. A conference call, featuring President Jerry Grisko and CFO Ware Grove, is scheduled for 11 a.m. ET on the same day to discuss the financial results. Investors can listen via webcast on the CBIZ investor relations page, and a replay will be available afterwards.
The Q4 2021 CBIZ Main Street Index highlights significant trends affecting small and mid-sized businesses. The survey indicates that 90% of small businesses struggle to hire, with many enhancing pay and benefits to attract talent. Changes in compensation methods are prioritized by 27% of respondents. Inflation poses a growing concern, with 57% citing it as a top issue. Conducted from Nov. 30 to Dec. 31, 2021, the survey reflects the ongoing impact of the pandemic on employee dynamics and business strategies in the U.S.
CBIZ, Inc. (NYSE: CBZ) announced the acquisition of the non-attest assets of Marks Paneth LLP, effective January 1, 2022. This transaction is projected to add approximately $138 million in revenue for 2022, enhancing earnings per share by an estimated $0.10, growing to $0.20-$0.25 by 2025. The acquisition is expected to provide significant synergies, especially in the real estate and not-for-profit sectors, expanding CBIZ's national footprint. A conference call to discuss the acquisition is scheduled for January 12, 2022, at 10:00 AM EST.
The CBIZ Small Business Employment Index (SBEI) indicated a 1.05% increase in hiring for December, signaling a rebound after a November decline. This index monitors payroll trends among small businesses, encompassing over 3,700 companies with 300 or fewer employees.
Notable job growth was observed across all regions, with the Central region leading at 2.88%. Sectors like Insurance, Healthcare, and Retail saw substantial hiring, while Education and Agriculture faced declines. Continued job growth is expected despite some concerns regarding COVID-19 variants.
CBIZ, Inc. (NYSE: CBZ) has announced the opening of nominations for its second-annual Women Transforming Business Award, aimed at honoring women leaders who have significantly impacted their organizations. The award, part of CBIZ Women’s Advantage (CWA), recognizes contributions in financial, cultural, or innovative domains. Nominations will close on January 31, 2022, with finalists revealed on International Women’s Day, March 8, 2022. The winners will be announced in a virtual event at the end of April 2022, further emphasizing CBIZ's support for women in business.
