---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-173671"
form_type: "8-K"
ticker: "FBIZ"
cik: "0001521951"
company_name: "FIRST BUSINESS FINANCIAL SERVICES, INC."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:31:24.802226+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Business Financial Services Q1 EPS $1.44; loan growth 14.9% annualized

## Summary
- Q1 2026 net income $12.0M, EPS $1.44 vs $13.1M ($1.58) Q4 2025 and $11.0M ($1.32) Q1 2025.
- Loans grew $125.9M (14.9% annualized) from Q4 2025; core deposits up $123.1M (18.4% annualized).
- Net interest margin 3.56% (3.61% adjusted for fewer days) vs 3.53% linked quarter.
- Non-interest income up 15.8% YoY; fee income ratio 19.81% vs 18.56% prior year quarter.
- Tangible book value per share $42.68, up 13.6% from $37.58 a year ago.

## SEC filing metadata
- accession: 0001193125-26-173671
- form_type: 8-K
- ticker: FBIZ
- cik: 0001521951
- company_name: FIRST BUSINESS FINANCIAL SERVICES, INC.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1521951/000119312526173671/0001193125-26-173671-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1521951/000119312526173671/fbiz-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-173671
- JSON: https://secwatch.observer/filing/0001193125-26-173671.json
- Plain text: https://secwatch.observer/filing/0001193125-26-173671.txt

## Key facts
- Earnings Releases
  FIRST BUSINESS FINANCIAL SERVICES, INC. reported quarter ended March 31, 2026 results: net income net income available to common shareholders of $12.0 million, EPS earnings per share ("EPS") of $1.44.
  - Period: quarter ended March 31, 2026
  - Net income: net income available to common shareholders of $12.0 million
  - EPS: earnings per share ("EPS") of $1.44
  - Result: reported results
  source text: First Business Financial Services, Inc. (the "Company", the "Bank", or "First Business Bank") (Nasdaq: FBIZ) reported quarterly net income available to common shareholders of $12.0 million, or earnings per share ("EPS") of $1.44.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1521951/000119312526173671/0001193125-26-173671-index.htm

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