{"schema_version":"secwatch.filing_event.v1","accession":"0001521951-24-000046","form_type":"8-K","ticker":"FBIZ","cik":"0001521951","company_name":"FIRST BUSINESS FINANCIAL SERVICES, INC.","filed_at":"2024-05-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.808674+00:00","generated_at":"2026-06-01T12:38:28.517275+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 Services unveils 5-year strategic plan targeting ≥15% ROATCE by 2028","bullets":["New plan targets ROATCE ≥15% by 2028, TBV growth ≥10% annually, and revenue growth ≥10% annually.","Efficiency ratio target <60% by 2028 (was 60.99% in 2023); core deposits ≥75% of total funding.","Employee engagement score target ≥85% (was 90% in 2023); NPS target ≥70% (was 78 in 2023).","Plan focuses on talent, culture, core deposit growth, and operational excellence to drive TSR outperformance."],"urls":{"canonical":"https://secwatch.observer/filing/0001521951-24-000046","json":"https://secwatch.observer/filing/0001521951-24-000046.json","markdown":"https://secwatch.observer/filing/0001521951-24-000046.md","text":"https://secwatch.observer/filing/0001521951-24-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1521951/000152195124000046/0001521951-24-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1521951/000152195124000046/fbiz-20240520.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T12:38:28.517275+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"}