Highest-materiality recent filing
Scott M. Ferris appointed to FBIZ Board, effective June 1, 2026
Board expanded from 8 to 9 directors; Ferris appointed as Class III Director.
David R. Seiler appointed President and CEO of First Business Financial Services
Seiler appointed President & CEO effective May 3, 2026; also appointed to Board as Class III Director.
First Business Financial posts investor presentation for Q1 2026 on website
Presentation posted May 5, 2026 on company website under Investor Relations tab.
CEO Corey Chambas to step down; Dave Seiler becomes President & CEO effective May 3, 2026.
First Business Financial Services Q1 EPS $1.44; loan growth 14.9% annualized
Q1 2026 net income $12.0M, EPS $1.44 vs $13.1M ($1.58) Q4 2025 and $11.0M ($1.32) Q1 2025.
First Business Financial appoints David R. Seiler as CEO effective May 3, 2026
Seiler, previously President & COO, succeeds Corey A. Chambas who announced retirement in May 2025.
First Business Financial Services vests PRSUs for NEOs at 'Superior' performance level
Compensation Committee determined 'Superior' TSR and ROATCE performance for 2023-2025 PRSUs.
CEO Corey Chambas to retire May 2, 2026; 2025 revenue +10%, EPS +>14%
CEO Corey Chambas to retire effective May 2, 2026; President Dave Seiler to succeed as CEO.
First Business Financial Services posts Q4 2025 investor presentation on website
Presentation provides overview of Q4 2025 operating performance, financial condition, and business strategy.
Kauten, Board member since 2018, retiring effective at conclusion of April 24, 2026 annual meeting.
First Business Financial Services Q4 EPS $1.58; dividend raised 17% to $0.34
Net income available to common of $13.1M ($1.58 diluted EPS) vs $14.2M ($1.71) in Q4 2024; full-year EPS $5.94, up 14% YoY.
First Business Financial posts Q2 2025 investor presentation; no specific financials furnished
Company posted investor presentation on its website covering Q2 2025 results and strategy.
First Business Bank declares $0.29 quarterly common dividend, same as prior quarter
Quarterly common dividend of $0.29/share; yield 2.29% based on $50.61 close.
First Business Bank Q3 net income $14.2M, EPS $1.70; loan growth 10.4% annualized
Net income available to common $14.2M, diluted EPS $1.70 vs $1.24 a year ago.
First Business Financial Services declares $0.29 quarterly common dividend, unchanged
Common stock dividend of $0.29 per share, same as prior quarter; payable Aug 25, 2025, record Aug 11, 2025.
First Business Financial posts investor presentation with Q2 2025 overview on website
Presentation posted on July 29, 2025, under investor relations section of company website.
First Business Bank Q2 2025 net income $11.2M, EPS $1.35; loans grow 8.4% annualized
Net income available to common shareholders $11.2M, EPS $1.35, up from $1.23 in Q2 2024.
First Business Financial appoints Jason R. Graham to Board of Directors
Board expanded from 7 to 8 directors; Graham appointed as Class II Director effective May 1, 2025.
First Business CEO Corey Chambas to retire May 2, 2026; COO Dave Seiler named successor
Corey Chambas to retire as CEO effective May 2, 2026; will remain on boards.
FBIZ amends bylaws shifting powers to CEO; shareholders re-elect Lorenz, approve say-on-pay
Bylaws amended to give CEO authority to call special shareholder/board meetings and sign stock certificates, replacing President.
Company posted an investor presentation on its website under 'Investor Relations' tab on April 30, 2025.
First Business Financial declares $0.29/share common dividend, unchanged from prior quarter
Board declared $0.29 per share common stock cash dividend, same as Q1 2025; payable May 23, 2025 to holders of record May 9, 2025.
First Business Financial Q1 net income $11.0M, EPS $1.32; loans up 9% annualized
Net income available to common $11.0M vs $14.2M in Q4 2024 (Q4 had $0.28/share in tax & SBA benefits) and $8.6M in Q1 2024.
First Business Financial raises quarterly common dividend 16% to $0.29/share
Quarterly common dividend increased to $0.29/share from prior $0.25, a 16% raise.
First Business Financial Services posts record Q4 net income $14.2M, EPS $1.71
Q4 net income available to common $14.2M, EPS $1.71 vs $9.6M/$1.15 in Q4 2023.
Director Carol P. Sanders resigns; board reduced to seven; Kauten named Audit Chair
Carol P. Sanders resigned from the Board effective Dec 17, 2024; no disagreement with Company.
First Business Financial declares $0.25 quarterly dividend, unchanged from Q3
Common dividend $0.25/share (2.23% yield based on $44.82 close), same as July 2024; payout ratio 20% of Q3 2024 EPS.
First Business Bank Q3 net income $10.3M, EPS $1.24; NIM stable at 3.64%
Net income available to common shareholders $10.3M, up from $9.7M in Q3 2023; diluted EPS $1.24 vs $1.17.
First Business Financial Services issues $20M of 7.5% Subordinated Debentures due 2034
Sold $20M in aggregate principal of 7.5% fixed-rate subordinated debentures to accredited investors on Sept 13, 2024.
First Business Financial declares $0.25/sh quarterly dividend, same as prior quarter
Quarterly common dividend of $0.25 per share, same as April 2024; payable Aug 21, record Aug 8.
First Business Bank Q2 net income $10.2M, EPS $1.23 beats linked quarter; NIM expands to 3.65%
Diluted EPS $1.23 (vs $1.04 Q1 2024, $0.98 Q2 2023); net income $10.2M, up 15% linked quarter.
Filed investor presentation dated Q2 2024, furnished as Exhibit 99.1.
First Business Financial Services unveils 5-year strategic plan targeting ≥15% ROATCE by 2028
New plan targets ROATCE ≥15% by 2028, TBV growth ≥10% annually, and revenue growth ≥10% annually.
EVP Mark J. Meloy to retire from First Business Financial Services on May 1, 2025
Mark J. Meloy, EVP, announced retirement effective May 1, 2025.
Elected Laurie S. Benson, Corey A. Chambas, John J. Harris as Class II directors with over 97% votes cast in favor.
First Business Financial approves $5M share repurchase program, no immediate plans to execute
Board authorized up to $5 million in common stock repurchases with no expiration date.
First Business Bank maintains $0.25 quarterly common dividend; payout ratio 24%
Quarterly cash dividend of $0.25 per common share, unchanged from January 2024.
First Business Financial adjusts CEO and COO compensation for succession planning
President/COO David Seiler base salary increased from $392,813 to $455,000 per year, effective May 1, 2024.
First Business Financial Services posts Q1 2024 investor presentation on its website
Presentation posted to firstbusiness.bank/investor-relations on April 26, 2024.
First Business Bank Q1 net income $8.6M ($1.04 EPS); loan growth 8.5% annualized, NIM compresses
Net income available to common shareholders $8.6M, diluted EPS $1.04, down from $1.15 in Q4 2023 and flat YoY.
First Business Financial Services vests 2021 PRSUs at 'Superior' level; CEO gets 15,010 shares
Compensation Committee determined 2021 PRSU performance at 'Superior' for TSR and ROAE.
First Business Financial reports record PTPP earnings of $56.2M; deposits up 19% in 2023
2023 net interest margin 3.78%, outperforming peer median by 61 bps (vs 36 bps in 2022).
First Business Financial Services director Mark Bugher to retire; board size to decrease to 9
Mark D. Bugher notified board of retirement effective after 2024 annual meeting on or about April 26, 2024.
First Business Financial raises quarterly common dividend 10% to $0.25/share
Quarterly common dividend increased to $0.25/share from prior $0.2273, a 10% rise.
FBIZ Q4 2023 net income $9.6M; in-market deposits up 27%, loans up 13%
Net income $9.6M; pre-tax pre-provision ROAA 1.77%; tangible book value per share +14% annualized.
Net income available to common $9.6M, diluted EPS $1.15, vs $1.17 in Q3 and $1.18 in Q4 2022.
Cumulative TSR over five years ended Sep 30, 2023 exceeded 50%, versus peer median -8% and Russell 2000 +13%.
FBIZ declares $0.2275 quarterly common dividend, unchanged from prior quarter
Common dividend of $0.2275 per share payable Nov 16, 2023 to holders of record Nov 6.
FBIZ Q3 2023 EPS up 19% YoY; loans grow 18.6% YoY; adjusted NIM expands 3 bps to 3.66%
EPS +19% YoY; net interest income +10.5% YoY; PTPP ROAA stable at 1.72%.
First Business Bank Q3 net income $9.7M ($1.17 EPS); loans up 13.4% annualized
Net income $9.7M vs $10.6M in Q3 2022; diluted EPS $1.17 vs $1.25.
appointed Mr. Scott M. Ferris as a Class III Director to fill the vacancy created by this increase.
Mr. Seiler was appointed to the Company’s Board of Directors effective May 3, 2026.
the Board of Directors of First Business Financial Services, Inc. (the "Company") appointed David R. Seiler as President and Chief Executive Officer of the Company, effective May 3, 2026.
appointed Mr. Jason R. Graham as a Class II Director to fill the vacancy created by this increase.
On May 2, 2025, Corey Chambas, Chief Executive Officer of First Business Financial Services, Inc. (the “Company”), notified the Company of his intention to retire from his role effective May 2, 2026.
On May 1, 2024, Mark J. Meloy, Executive Vice President of First Business Financial Services, Inc. (the “Company”), notified the Company of his intention to retire effective on or about May 1, 2025.
On January 25, 2024, Mark D. Bugher provided First Business Financial Services, Inc. (the “Company”) with notice of his intention to retire from the Company’s Board of Directors (the “Board”) effective as of the conclusion of the 2024 Annual Meeting of Shareholders, which is expected to be held on or about April 26, 2024.
Mr. Sloane retired from his role as the Company’s Chief Financial Officer, Principal Financial Officer and Treasurer effective April 1, 2023.
Mr. Spielmann was named Chief Financial Officer on April 1, 2023 and was not a Named Executive Officer at the time of the 2020 Grant.
On April 1, 2023, the Board appointed Kevin D. Crampton, the Company’s Senior Director of Accounting, as the Company’s Chief Accounting Officer and Principal Accounting Officer effective as of the date of Mr. Spielmann’s appointment to Chief Financial Officer.
Effective April 1, 2023, the Board of Directors (the “Board”) of First Business Financial Services, Inc. (the “Company”) has appointed Brian D. Spielmann to serve as the Company’s Chief Financial Officer, Principal Financial Officer and Treasurer.
In conjunction with Mr. Spielmann’s appointment and as previously announced, Mr. Edward G. Sloane, Jr. will cease serving as the Company’s Chief Financial Officer, Principal Financial Officer and Treasurer effective April 1, 2023.
Max materiality 0.80 · Median 0.43 · Most common event earnings