SEC Filing Summary: Form 13F-HR
Business Context and Reporting Period
Reporting Manager: FIRST BUSINESS FINANCIAL SERVICES, INC.
Address: 401 Charmany Drive, PO Box 44961, Madison, WI 53744
Reporting Period: Quarter ended September 30, 2025
Filing Date: October 20, 2025
Signatory: Dave Seiler, Chief Operating Officer
This filing is a Form 13F Holdings Report, disclosing the equity securities held by the institutional investment manager. It does not contain the company's own financial performance data (e.g., revenue, profit) but rather its investment portfolio.
Key Financial Metrics (Portfolio)
| Metric | Value |
|---|---|
| Total Number of Holdings | 185 |
| Total Value of Reported Securities | $1,090,082,121 |
| Other Included Managers | 0 |
Note: As a Form 13F filing, this document does not report the manager's internal revenue, profit, cash flow, margins, debt, or liquidity. It reports only the aggregate value of reportable equity holdings.
Material Changes
The filing text provided does not contain comparative data for the prior period (June 30, 2025) or a schedule of purchases and sales. Therefore, material changes in holdings or portfolio value versus the prior comparable period cannot be determined from this text alone.
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 has not determined if it is accurate or complete. Readers should not assume the information is accurate or complete.
Key Facts for Investor Verification
- Verify the total portfolio value of approximately $1.09 billion against the manager's latest 10-Q or 10-K filings for context on asset growth.
- Confirm the specific list of 185 holdings, as the detailed schedule is not included in the summary text provided.
- Check for any subsequent amendments to this filing, as the initial report may be updated.
- Note that this filing reflects holdings as of September 30, 2025, and does not reflect real-time market values.