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 December 31, 2025
Filing Date: January 22, 2026
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 | 168 |
| Total Value of Reported Securities | $1,089,042,171 |
| Other Included Managers | 0 |
Note: As a Form 13F, this document does not report the manager's internal revenue, profit, cash flow, or debt. It reports the aggregate value of securities held.
Material Changes
The filing text provided does not contain comparative data for the prior period (e.g., Q3 2025) to calculate material changes in holdings or total portfolio value. The document lists the current state of the portfolio as of the reporting date.
Guidance, Outlook, and Risks
Management Commentary: None provided in the cover page text.
Guidance/Outlook: Not applicable for this filing type.
Risks/Contingencies: The filing includes a standard disclaimer that the SEC 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 to assess asset growth.
- Confirm the specific list of 168 holdings in the detailed schedules (not included in the provided text) to understand sector concentration.
- Note that this report covers only equity securities; it excludes derivatives, debt securities, and other non-equity assets.
- Check for any subsequent amendments filed after January 22, 2026, which may alter the reported holdings.