FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 24, 2026

Risk Assessment Details

Potential Dilution: 1.57% of current shares
Recent Dilution: 1.14% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
8.2M
Potential Supply
130K
Additional shares possible
Splits
None
Past 2 years

Summary

FBIZ currently has 8.19M outstanding shares. with limited dilution risk as only 129K additional shares (1.6%) are authorized for issuance. The company has minimally diluted shareholders by 1.14% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 24, 2026

10-Q filing | 8.2M shares outstanding

8.2M 130K
Oct 31, 2025

10-Q filing | 8.2M shares outstanding

8.2M 140K
Jul 25, 2025

10-Q filing | 8.1M shares outstanding

8.1M 170K
Apr 25, 2025

10-Q filing | 8.1M shares outstanding

8.1M 180K
Feb 26, 2025

10-K filing | 8.1M shares outstanding

8.1M 170K
Oct 25, 2024

10-Q filing | 8.1M shares outstanding

8.1M 200K
Jul 26, 2024

10-Q filing | 8.1M shares outstanding

8.1M 200K
Apr 26, 2024

10-Q filing | 8.1M shares outstanding

8.1M 190K
Feb 28, 2024

10-K filing | 8.1M shares outstanding

8.1M 180K
Oct 27, 2023

10-Q filing | 8.1M shares outstanding

8.1M 210K
Jul 28, 2023

10-Q filing | 8.1M shares outstanding

8.1M 250K
Apr 28, 2023

10-Q filing | 8.1M shares outstanding

8.1M 170K
Feb 24, 2023

S-3/A filing: The company may offer and sell various securities, including common stock, preferred stock, debt securities, warrants, subscription rights, units, and depositary shares, up to an aggregate initial offering price of $75,000,000.

8.2M 88K
Feb 22, 2023

10-K filing | 8.2M shares outstanding

8.2M 88K
Oct 28, 2022

10-Q filing | 8.2M shares outstanding

8.2M 84K
Jul 29, 2022

10-Q filing | 8.2M shares outstanding

8.2M 89K
Apr 29, 2022

10-Q filing | 8.2M shares outstanding

8.2M 83K
Mar 04, 2022

S-3 filing: First Business Financial Services, Inc. files an S-3 registration statement for the offering of various securities including common stock, preferred stock, and debt securities up to $75,000,000.

8.5M 0
Feb 23, 2022

10-K filing | 8.3M shares outstanding

8.3M 0
Oct 29, 2021

10-Q filing | 8.3M shares outstanding

8.3M 0
Jul 30, 2021

10-Q filing | 8.4M shares outstanding

8.4M 0
Apr 30, 2021

10-Q filing | 8.4M shares outstanding

8.4M 0
Feb 24, 2021

10-K filing | 8.4M shares outstanding

8.4M 0
Oct 23, 2020

10-Q filing | 8.4M shares outstanding

8.4M 0
Jul 24, 2020

10-Q filing | 8.4M shares outstanding

8.4M 0
Apr 24, 2020

10-Q filing | 8.6M shares outstanding

8.6M 0
Feb 27, 2020

10-K filing | 8.6M shares outstanding

8.6M 0
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime