---
schema_version: "secwatch.filing_event.v1"
accession: "0001521951-23-000080"
form_type: "8-K"
ticker: "FBIZ"
cik: "0001521951"
company_name: "FIRST BUSINESS FINANCIAL SERVICES, INC."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:58:29.931260+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FBIZ Q3 2023 EPS up 19% YoY; loans grow 18.6% YoY; adjusted NIM expands 3 bps to 3.66%

## Summary
- EPS +19% YoY; net interest income +10.5% YoY; PTPP ROAA stable at 1.72%.
- Loans grew 18.6% YoY (13.4% annualized QoQ); in-market deposits +13.5% YoY.
- Adjusted net interest margin expanded 3 bps to 3.66% despite industry compression.
- TBV per share +13.8% YoY; annualized dividend $0.79/share (yield 2.25%).
- Non-performing assets low at 0.24% of assets (excl. one ABL credit); 95% of loans Category I.

## SEC filing metadata
- accession: 0001521951-23-000080
- form_type: 8-K
- ticker: FBIZ
- cik: 0001521951
- company_name: FIRST BUSINESS FINANCIAL SERVICES, INC.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1521951/000152195123000080/0001521951-23-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1521951/000152195123000080/fbiz-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001521951-23-000080
- JSON: https://secwatch.observer/filing/0001521951-23-000080.json
- Plain text: https://secwatch.observer/filing/0001521951-23-000080.txt

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