First Business Financial Services Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:45D Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Dec 24	Sell€413,131	Carol Sanders	Individual	8,881	€46.55
19 Nov 24	Sell€46,276	W. Lorenz	Individual	1,000	€46.28
07 Nov 24	Sell€1,810,152	Corey Chambas	Individual	40,000	€45.25
31 Oct 24	Sell€252,107	James Hartlieb	Individual	6,344	€39.74
30 Oct 24	Buy€5,523	Carol Sanders	Individual	134	€41.41
23 Aug 24	Sell€42,784	Daniel Ovokaitys	Individual	1,130	€37.86
19 Aug 24	Sell€44,489	W. Lorenz	Individual	1,150	€38.69
12 Aug 24	Sell€183,144	Mark Meloy	Individual	5,000	€36.63
30 Jul 24	Buy€5,475	Carol Sanders	Individual	129	€42.44
21 May 24	Buy€4,844	Kevin Crampton	Individual	154	€31.45
13 May 24	Sell€45,599	W. Lorenz	Individual	1,425	€32.43
01 May 24	Buy€5,636	Carol Sanders	Individual	175	€32.26
30 Jan 24	Buy€5,524	Carol Sanders	Individual	156	€35.50

Insider Trading Volume

Insider Buying: 45D insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of 45D?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	526,709	6.35%
General Public	2,212,574	26.7%
Institutions	5,555,734	67%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 58.83% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.3%	BlackRock, Inc.	854,951	€38.6m	18%	no data
6.48%	Dimensional Fund Advisors LP	537,672	€24.2m	-0.03%	no data
4.94%	The Vanguard Group, Inc.	409,758	€18.5m	6.61%	no data
4.84%	1st & Main Growth Partners	401,626	€18.1m	-8.62%	1.93%
4.41%	First Business Financial Services, Inc., Asset Management Arm	365,912	€16.5m	3.45%	1.71%
3.22%	Manulife Asset Management	267,405	€12.1m	-2.74%	0.01%
2.09%	Geode Capital Management, LLC	173,404	€7.8m	1.29%	no data
1.95%	Renaissance Technologies LLC	161,765	€7.3m	5.2%	0.01%
1.86%	M3F, Inc.	154,301	€7.0m	-29.3%	1.83%
1.85%	Cutler Capital Management, LLC	153,499	€6.9m	0%	3.17%
1.83%	Pacific Ridge Capital Partners, LLC	151,869	€6.8m	-6.86%	1.63%
1.65%	State Street Global Advisors, Inc.	136,690	€6.2m	1.94%	no data
1.58%	Bridgeway Capital Management, LLC	131,130	€5.9m	-1.94%	0.1%
1.56%	Corey Chambas	129,742	€5.9m	-23.6%	no data
1.27%	LSV Asset Management	105,225	€4.7m	-3.49%	0.01%
1.26%	AllianceBernstein L.P.	104,814	€4.7m	-11.3%	no data
1.11%	Northern Trust Global Investments	92,421	€4.2m	0.06%	no data
1.07%	Franklin Resources, Inc.	89,066	€4.0m	-14.4%	no data
0.94%	American Century Investment Management Inc	78,023	€3.5m	16.9%	no data
0.8%	De Lisle Partners Llp	66,774	€3.0m	43.3%	0.51%
0.8%	Federated Hermes, Inc.	66,583	€3.0m	0.24%	0.01%
0.79%	Hotchkis and Wiley Capital Management, LLC	65,879	€3.0m	-24.7%	0.01%
0.79%	Gerald Kilcoyne	65,361	€2.9m	0%	no data
0.7%	Poehling Capital Management, Inc.	58,327	€2.6m	0%	0.66%
0.7%	Driehaus Capital Management LLC	58,158	€2.6m	0.32%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 20:03
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Business Financial Services, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jeffrey Rulis	D.A. Davidson & Co.
null null	D.A. Davidson & Co.
Brian Martin	FIG Partners