First Business Financial Services Q3 2026 net income rises 15% to $16.4 million
FBIZ•First Business Financial Services’ third-quarter 2026 net income available to common shareholders rose 15% year over year to $16.4 million. Core deposits increased 15% to $2.98 billion and loans rose 10% to $3.67 billion, while nonperforming assets climbed 71% to $40.2 million.
1. Quarterly results
Third-quarter net income available to common shareholders rose 15% year over year to $16.4 million. Core deposits climbed 15% to $2.98 billion and loans grew 10% to $3.67 billion, while nonperforming assets increased 71% to $40.2 million.
2. SBA lending exit
The company said its exit from out-of-footprint SBA lending is ahead of plan, and staff reductions benefited third-quarter compensation costs.
