{"schema_version":"secwatch.filing_event.v1","accession":"0001521951-23-000095","form_type":"8-K","ticker":"FBIZ","cik":"0001521951","company_name":"FIRST BUSINESS FINANCIAL SERVICES, INC.","filed_at":"2023-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.354962+00:00","generated_at":"2026-06-07T16:14:08.573381+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"First Business Financial details 5-year strategic plan results; cumulative TSR exceeds 50% over period","bullets":["Cumulative TSR over five years ended Sep 30, 2023 exceeded 50%, versus peer median -8% and Russell 2000 +13%.","Revenue per FTE grew 38% to $429K (annualized Q3 2023); peer group $285K.","Private Wealth AUM/AUA grew 79% since 2018; Treasury Management charges up 53%.","Core deposit growth double-digit amid 2023 banking turmoil; loan growth also double-digit.","PTPP adjusted ROAA expanded to 1.74% in 2023 YTD from 1.45% in 2018."],"urls":{"canonical":"https://secwatch.observer/filing/0001521951-23-000095","json":"https://secwatch.observer/filing/0001521951-23-000095.json","markdown":"https://secwatch.observer/filing/0001521951-23-000095.md","text":"https://secwatch.observer/filing/0001521951-23-000095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1521951/000152195123000095/0001521951-23-000095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1521951/000152195123000095/fbiz-20231207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:14:08.573381+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}