First Business Bank Announces Second Quarter 2026 Financial Results
First Business Financial Services reported Q2 2026 net income of $15.4 million, or $1.84 per share, significantly up from $1.35 per share in the prior year. The company achieved record pre-tax, pre-provision income of $19.8 million, a 23.7% year-over-year increase, driven by balance sheet growth and positive operating leverage. Total loans increased 10.3% year-over-year to $3.59 billion, and core deposits grew 13.6% to $2.88 billion, supporting an expansion of the net interest margin to 3.78%. Tangible book value per share grew 15.2% year-over-year to $44.38.
Key figures
- Eps
- 1.84
- Revenue
- 46711000
- Guidance
- Annual goal of 10% growth in loans, core deposits, revenue, and earnings
- Roa
- 1.43%
- Loans
- 3585615000
- Ptpp income
- 19800000
- Core deposits
- 2877675000
- Efficiency ratio
- 57.57%
- Dividend per share
- 0.34
- Net interest margin
- 3.78%
- Non performing assets
- 38062000
- Tangible book value per share
- 44.38
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