First Business Financial Services posted Q2 2026 net income available to common of $15.4 million, up 37% year over year, with diluted EPS of $1.84, up 36%.
Operating revenue rose 14% year over year to $46.7 million, while operating expense increased 7% to $26.9 million.
Net interest margin widened 22 basis points from Q1 2026 to 3.78%, while pre-tax, pre-provision earnings climbed 24% year over year to $19.8 million.
Loans increased 10.3% year over year to $3.59 billion, while core deposits grew 13.6% to $2.88 billion and the core deposit funding mix improved to 74.1%.
Nonperforming assets fell 6% from Q1 2026 to $38.1 million, while the bank completed its exit from out-of-footprint SBA 7(a) lending in May 2026.