earnings
confidence high
sentiment positive
materiality 0.80
First Business Bank Q2 2026 EPS $1.84, up 36% YoY; record pre-tax pre-provision income $19.8M
FIRST BUSINESS FINANCIAL SERVICES, INC.
- Net income available to common shareholders $15.4M ($1.84 diluted EPS) vs $11.2M ($1.35) in Q2 2025, up 37%.
- Record pre-tax pre-provision income of $19.8M, up 23.7% YoY; operating revenue $46.7M, up 13.8% YoY.
- Loans grew $87.2M (10% annualized) from linked quarter; core deposits up $81.6M (11.7% annualized).
- Net interest margin expanded to 3.78% from 3.56% linked quarter; annual target range maintained at 3.60%-3.65%.
- Company exiting SBA 7(a) lending outside bank market footprint; expects minimal 2026 earnings impact, modest benefit in 2027.