secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ)
CIK:        0001521951
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001521951-23-000095
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Business Financial details 5-year strategic plan results; cumulative TSR exceeds 50% over period
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1521951/000152195123000095/0001521951-23-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1521951/000152195123000095/fbiz-20231207.htm
  HTML page:      https://secwatch.observer/filing/0001521951-23-000095

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