Business Context and Reporting Period
Company: FIRST BUSINESS FINANCIAL SERVICES, INC.
Filing Type: Form 13F Information Table
Reporting Period: The filing text does not explicitly state the quarter end date in the narrative, though the metadata indicates "2026 Mar 31". The table lists holdings as of the reporting date.
This filing discloses the equity securities held by the company with sole, shared, or no voting authority. It is a regulatory disclosure of portfolio composition, not a financial performance report.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide values for these operational financial metrics. Form 13F filings report investment holdings, not the issuer's income statement or balance sheet.
Portfolio Composition: The table lists numerous equity positions including common stocks and ETFs. Notable holdings by share count include:
- iShares Core MSCI EAFE ETF: 140,868,844 shares
- Vanguard Total Stock Market ETF: 255,745,561 shares
- iShares Core S&P Mid-Cap ETF: 47,779,771 shares
- iShares Core S&P Small-Cap ETF: 62,271,976 shares
- First Business Financial Services, Inc. (Own Stock): 19,485,502 shares (Value: $361,311)
Material Changes
The filing text does not provide a prior period comparison or data on material changes in holdings versus the previous quarter. Only the current period snapshot is provided.
Guidance, Outlook, and Risks
Management Commentary: None provided in this filing type.
Guidance/Outlook: Not applicable.
Risks/Contingencies: The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information and readers should not assume it is accurate or complete.
Important Facts for Investors to Verify
- Reporting Date Accuracy: Verify the actual quarter-end date against the metadata "2026 Mar 31" as the text itself does not explicitly confirm the date.
- Valuation Context: The "Value" column is rounded to the nearest dollar; precise portfolio valuation requires external price data.
- Voting Authority: Note that for the company's own stock (First Business Financial Services), the filing lists 0 shares with sole voting authority and 361,311 shares with "None" voting authority, which may indicate treasury stock or specific holding structures.
- Missing Financials: Do not use this document to assess the company's profitability, debt levels, or cash flow; refer to Form 10-K or 10-Q for those metrics.