First Business Financial Q2 FY26 net income rises 37% year over year to $15.4 million - FBIZ News | RalliesFirst Business Financial Q2 FY26 net income rises 37% year over year to $15.4 million
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FBIZ• Q2 FY26 results improve across income, revenue and margins
- First Business Financial posted Q2 2026 net income available to common of $15.4 million, up 37% year over year; diluted EPS rose 36% to $1.84.
- Operating revenue increased 14% from a year earlier to $46.7 million; pre-tax, pre-provision earnings climbed 23.7% to $19.8 million.
- Net interest margin widened 22 basis points from the prior quarter to 3.78%, while efficiency ratio improved 357 basis points to 57.57%.
- Loans grew 10.3% year over year to $3.59 billion; core deposits rose 13.6% to $2.88 billion, lifting core deposits to 74.1% of funding.
- The company completed its exit from out-of-footprint SBA 7(a) lending in May 2026, targeting an estimated $0.03 quarterly EPS benefit in 2027.
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