secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ)
CIK:        0001521951
Form:       8-K
Filed at:   2026-03-12T23:59:59+00:00
Accession:  0001193125-26-104126
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Corey Chambas to retire May 2, 2026; 2025 revenue +10%, EPS +>14%
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- CEO Corey Chambas to retire effective May 2, 2026; President Dave Seiler to succeed as CEO.
- 2025 top-line revenue grew 10% YoY; pre-tax pre-provision earnings and EPS each grew >14%.
- Core deposits increased 12% over 2024; core deposit funding mix reached 75% at year-end.
- Non-interest income CAGR of 12% over 20 years; private wealth fees grew >14% annually.
- Employee engagement score of 85% vs industry benchmark 78%; NPS of 78 beat top banks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1521951/000119312526104126/0001193125-26-104126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1521951/000119312526104126/fbiz-20260312.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-104126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer