FIRST BUSINESS FINANCIAL SERVICES, INC.
FBIZ · State Commercial Banks · 8.4M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$6K (gross $3M, SBC $3M)
Reference price $51.40 · est. market cap ~$430M — last insider purchase, 2025-11-07 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B74First Business Financial — Wisconsin commercial bank with high ROE.
Strengths
- ROE 13.5% (88th pct), ROA (72nd); net income up sharply (90th)
Risks
- Low cash position (10th pct)
- CRE/commercial-credit and rate sensitivity
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
Key metrics
Return on equity
13.5%
Return on assets
1.2%
Net-income growth
13.7%
Free cash flow
$61M
Tangible book value
$361M
Cash & investments
$39M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-16 | Garcia Laura M. | Tax withheld | 194 | $53.81 |
| 2026-05-16 | Crampton Kevin D | Tax withheld | 54 | $53.81 |
| 2026-05-16 | Olszewski Daniel P. | Grant | 710 | — |
| 2026-05-16 | Lorenz William Kent | Grant | 710 | — |
| 2026-05-16 | Kilcoyne Gerald L | Grant | 710 | — |
| 2026-05-16 | Graham Jason R | Grant | 710 | — |
| 2026-05-16 | CHAVARRIA CARLA C | Grant | 710 | — |
| 2026-05-16 | CHAMBAS COREY A | Grant | 710 | — |
| 2026-05-16 | Benson Laurie S. | Grant | 710 | — |
| 2026-05-16 | Seiler David R. | Grant | 3.8K | — |
| 2026-04-10 | Spielmann Brian D. | Grant | 3.2K | — |
| 2026-04-10 | Spielmann Brian D. | Tax withheld | 1.5K | $58.60 |
| 2026-04-10 | Seiler David R. | Grant | 4.8K | — |
| 2026-04-10 | Seiler David R. | Tax withheld | 1.9K | $58.60 |
| 2026-04-10 | Quade Bradley A | Grant | 2.7K | — |
| 2026-04-10 | Quade Bradley A | Tax withheld | 1.1K | $58.60 |
| 2026-04-10 | Ovokaitys Daniel | Grant | 2.4K | — |
| 2026-04-10 | Ovokaitys Daniel | Tax withheld | 1.1K | $58.60 |
| 2026-04-10 | Hartlieb James Edward | Grant | 2.7K | — |
| 2026-04-10 | Hartlieb James Edward | Tax withheld | 1.0K | $58.60 |
| 2026-04-10 | Hartlieb James Edward | Gift | 127 | — |
| 2026-04-10 | Garcia Laura M. | Grant | 2.5K | — |
| 2026-04-10 | Garcia Laura M. | Tax withheld | 1.1K | $58.60 |
| 2026-04-10 | Chandler Jodi A | Grant | 2.1K | — |
| 2026-04-10 | Chandler Jodi A | Tax withheld | 834 | $58.60 |
| 2026-04-10 | CHAMBAS COREY A | Grant | 10K | — |
| 2026-04-10 | CHAMBAS COREY A | Tax withheld | 4.9K | $58.60 |
| 2026-02-16 | Seiler David R. | Grant | 1.7K | — |
| 2026-02-16 | Seiler David R. | Tax withheld | 665 | $58.36 |
| 2026-02-16 | Spielmann Brian D. | Grant | 875 | — |
| 2026-02-16 | Spielmann Brian D. | Tax withheld | 603 | $58.36 |
| 2026-02-16 | Chandler Jodi A | Grant | 550 | — |
| 2026-02-16 | Chandler Jodi A | Tax withheld | 313 | $58.36 |
| 2026-02-16 | CHAMBAS COREY A | Tax withheld | 1.5K | $58.36 |
| 2026-02-16 | Ovokaitys Daniel | Grant | 595 | — |
| 2026-02-16 | Ovokaitys Daniel | Tax withheld | 406 | $58.36 |
| 2026-02-16 | Hartlieb James Edward | Grant | 715 | — |
| 2026-02-16 | Hartlieb James Edward | Tax withheld | 392 | $58.36 |
| 2026-02-16 | Quade Bradley A | Grant | 735 | — |
| 2026-02-16 | Quade Bradley A | Tax withheld | 420 | $58.36 |
| 2026-02-16 | Garcia Laura M. | Grant | 605 | — |
| 2026-02-16 | Garcia Laura M. | Tax withheld | 398 | $58.36 |
| 2026-02-16 | Kristufek Niamh M. | Grant | 660 | — |
| 2026-02-16 | Kristufek Niamh M. | Tax withheld | 254 | $58.36 |
| 2026-02-16 | Crampton Kevin D | Grant | 610 | — |
| 2026-02-16 | Crampton Kevin D | Tax withheld | 101 | $58.36 |
| 2025-11-12 | CHAMBAS COREY A | Gift | 200 | — |
| 2025-11-12 | CHAMBAS COREY A | Gift | 200 | — |
| 2025-11-07 | Crampton Kevin D | Buy | 71 | $51.40 |
| 2025-08-16 | Hartlieb James Edward | Tax withheld | 104 | $49.54 |
| 2025-07-30 | Kauten Ralph R. | Buy | 10K | $47.80 |
| 2025-07-30 | Graham Jason R | Buy | 1.0K | $47.87 |
| 2025-05-16 | CHAVARRIA CARLA C | Grant | 620 | — |
| 2025-05-16 | Lorenz William Kent | Grant | 620 | — |
| 2025-05-16 | Olszewski Daniel P. | Grant | 620 | — |
| 2025-05-16 | Kilcoyne Gerald L | Grant | 620 | — |
| 2025-05-16 | Kauten Ralph R. | Grant | 620 | — |
| 2025-05-16 | Graham Jason R | Grant | 620 | — |
| 2025-05-16 | Garcia Laura M. | Tax withheld | 194 | $49.38 |
| 2025-05-16 | Crampton Kevin D | Tax withheld | 56 | $49.38 |
| 2025-05-16 | Benson Laurie S. | Grant | 620 | — |
| 2025-04-11 | Seiler David R. | Grant | 4.5K | — |
| 2025-04-11 | Seiler David R. | Tax withheld | 1.8K | $45.04 |
| 2025-04-11 | Quade Bradley A | Grant | 2.8K | — |
| 2025-04-11 | Quade Bradley A | Tax withheld | 1.1K | $45.04 |
| 2025-04-11 | Ovokaitys Daniel | Grant | 2.5K | — |
| 2025-04-11 | Ovokaitys Daniel | Tax withheld | 1.2K | $45.04 |
| 2025-04-11 | MELOY MARK J | Grant | 2.7K | — |
| 2025-04-11 | MELOY MARK J | Tax withheld | 952 | $45.04 |
| 2025-04-11 | Hartlieb James Edward | Grant | 2.7K | — |
| 2025-04-11 | Hartlieb James Edward | Tax withheld | 1.0K | $45.04 |
| 2025-04-11 | Chandler Jodi A | Grant | 2.1K | — |
| 2025-04-11 | Chandler Jodi A | Tax withheld | 791 | $45.04 |
| 2025-04-11 | CHAMBAS COREY A | Grant | 10K | — |
| 2025-04-11 | CHAMBAS COREY A | Tax withheld | 4.8K | $45.04 |
| 2025-02-16 | Spielmann Brian D. | Grant | 930 | — |
| 2025-02-16 | Spielmann Brian D. | Tax withheld | 503 | $52.76 |
| 2025-02-16 | Seiler David R. | Grant | 1.6K | — |
| 2025-02-16 | Seiler David R. | Tax withheld | 625 | $52.76 |
| 2025-02-16 | Quade Bradley A | Grant | 800 | — |
| 2025-02-16 | Quade Bradley A | Tax withheld | 452 | $52.76 |
| 2025-02-16 | Ovokaitys Daniel | Grant | 615 | — |
| 2025-02-16 | Ovokaitys Daniel | Tax withheld | 456 | $52.76 |
| 2025-02-16 | MELOY MARK J | Tax withheld | 392 | $52.76 |
| 2025-02-16 | Hartlieb James Edward | Grant | 740 | — |
| 2025-02-16 | Hartlieb James Edward | Tax withheld | 727 | $52.76 |
| 2025-02-16 | Garcia Laura M. | Grant | 640 | — |
| 2025-02-16 | Garcia Laura M. | Tax withheld | 292 | $52.76 |
| 2025-02-16 | Crampton Kevin D | Grant | 665 | — |
| 2025-02-16 | Crampton Kevin D | Tax withheld | 45 | $52.76 |
| 2025-02-16 | Chandler Jodi A | Grant | 600 | — |
| 2025-02-16 | Chandler Jodi A | Tax withheld | 323 | $52.76 |
| 2025-02-16 | CHAMBAS COREY A | Grant | 2.1K | — |
| 2025-02-16 | CHAMBAS COREY A | Tax withheld | 1.7K | $52.76 |
| 2025-02-07 | Ovokaitys Daniel | Sell | 4.8K | $54.55 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-28 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-11 | Exec/director changeExhibits | filing ↗ |
| 2026-05-05 | Reg FDExhibits | filing ↗ |
| 2026-04-29 | Shareholder voteExhibits | filing ↗ |
| 2026-04-23 | ResultsReg FD | filing ↗ |
| 2026-04-16 | Exec/director changeExhibits | filing ↗ |
| 2026-04-14 | Exec/director changeExhibits | filing ↗ |
| 2026-03-12 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-28 | 2026-05-22 | 0001193125-26-245166 ↗ |
| 8-K/A | 2026-05-11 | 2026-04-15 | 0001104659-26-058671 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001193125-26-204998 ↗ |
| 8-K | 2026-04-29 | 2026-04-24 | 0001193125-26-191442 ↗ |
| 10-Q | 2026-04-24 | 2026-03-31 | 0001193125-26-177139 ↗ |
| 8-K | 2026-04-23 | 2026-04-23 | 0001193125-26-173671 ↗ |
| 8-K | 2026-04-16 | 2026-04-15 | 0001193125-26-158945 ↗ |
| 8-K | 2026-04-14 | 2026-04-09 | 0001193125-26-154867 ↗ |
| 8-K | 2026-03-12 | 2026-03-12 | 0001193125-26-104126 ↗ |
| 10-K | 2026-02-25 | 2025-12-31 | 0001193125-26-071523 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0001193125-26-035684 ↗ |
| 8-K | 2026-02-02 | 2026-01-29 | 0001193125-26-033596 ↗ |