State Ledger
Company profile

FIRST BUSINESS FINANCIAL SERVICES, INC. CIK 1521951

Ticker
FBIZ (Nasdaq)
Industry
State Commercial Banks
Headquarters
Madison, WI 53719
Fiscal year end
2025 (FY)
Market Data
Close
$70.25
Change
+$1.07
Change %
1.55%
Volume
1,644

FBIZ · trading date Oct 12, 2026 · previous close $69.18 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
—
Net income
$50.32M
Total assets
$4.08B
Total liabilities
$3.71B
Stockholders' equity
$371.59M
Cash & equivalents
$39.49M
Operating income
—
Operating cash flow
$61.70M
Capital expenditures
$595.0K

Fiscal year 2025, via 10-K filed 2026-02-25. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
$61.10M
Free cash flow margin
—
Liabilities / assets
90.9%
Equity / assets
9.1%
CapEx / revenue
—
Operating cash flow / net income
1.23×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — $50.32M $4.08B $3.71B $371.59M
2024 — $44.25M $3.85B $3.52B $328.59M
2023 — $37.03M $3.51B $3.22B $289.59M
2022 — $40.86M $2.98B $2.72B $260.64M
2021 — $35.76M $2.65B $2.42B $232.42M
Company Details
SIC code
6022
State of incorporation
WI
Active filer
Yes
Most recent SEC filing
Form 4
2026-08-28
Financials filed via
Form 10-K
filed 2026-02-25

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Madison, WI 53719
401 CHARMANY DRIVE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:02 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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