---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-086555"
form_type: "8-K"
ticker: "FBIZ"
cik: "0001521951"
company_name: "FIRST BUSINESS FINANCIAL SERVICES, INC."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:16:29.266324+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Business Bank Q2 net income $10.2M, EPS $1.23 beats linked quarter; NIM expands to 3.65%

## Summary
- Diluted EPS $1.23 (vs $1.04 Q1 2024, $0.98 Q2 2023); net income $10.2M, up 15% linked quarter.
- Net interest margin 3.65%, up 7 bps from linked quarter; net interest income grew 3.5% Q/Q and 10.1% Y/Y.
- Loans grew $74.6M (10.3% annualized) from Q1 2024; up $310.8M (11.6%) Y/Y.
- Private Wealth fee income record $3.5M, up 19.6% Y/Y; AUM/A $3.249B, up 11.7% Y/Y.
- Tangible book value per share $33.92, up 13.5% Y/Y; non-performing assets down 5.4% linked quarter to 0.53% of assets.

## SEC filing metadata
- accession: 0000950170-24-086555
- form_type: 8-K
- ticker: FBIZ
- cik: 0001521951
- company_name: FIRST BUSINESS FINANCIAL SERVICES, INC.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1521951/000095017024086555/0000950170-24-086555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1521951/000095017024086555/fbiz-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-086555
- JSON: https://secwatch.observer/filing/0000950170-24-086555.json
- Plain text: https://secwatch.observer/filing/0000950170-24-086555.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.