---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-011056"
form_type: "8-K"
ticker: "FBIZ"
cik: "0001521951"
company_name: "FIRST BUSINESS FINANCIAL SERVICES, INC."
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:17:50.768049+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Business Financial Services posts record Q4 net income $14.2M, EPS $1.71

## Summary
- Q4 net income available to common $14.2M, EPS $1.71 vs $9.6M/$1.15 in Q4 2023.
- Net interest margin expanded to 3.77% from 3.64% in Q3 2024; net interest income up 6.9% linked.
- Loans grew $63.6M (8.3% annualized) from Q3 to $3.113B; YoY loan growth 9.3%.
- Record operating revenue $41.2M, up 8.1% linked and 12.3% YoY; PTPP income record $17.7M.
- Reported EPS includes $0.28/sh tax and SBA recourse benefits; adjusted EPS $1.43.

## SEC filing metadata
- accession: 0000950170-25-011056
- form_type: 8-K
- ticker: FBIZ
- cik: 0001521951
- company_name: FIRST BUSINESS FINANCIAL SERVICES, INC.
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1521951/000095017025011056/0000950170-25-011056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1521951/000095017025011056/fbiz-20250130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-011056
- JSON: https://secwatch.observer/filing/0000950170-25-011056.json
- Plain text: https://secwatch.observer/filing/0000950170-25-011056.txt

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