First Business Financial Reports Record Q3 2026 Earnings Driven by Loan and Deposit Growth
First Business Financial (FBIZ) reported record quarterly pre-tax, pre-provision earnings during its third-quarter 2026 earnings call. The bank's performance was underpinned by a 10% annualized expansion in total loans and a significant 14% annualized growth in core deposits, which helped maintain manageable funding costs. Net interest income rose 12% year-over-year to $4.2 million, supported by a widening net interest margin of 3.8%. Additionally, the company's private wealth management segment showed strength, with fees increasing 13% year-to-date and assets under management reaching $4.2 billion. Management expressed confidence in their strategic plan, citing steady commercial loan pipelines and disciplined expense management.
Tickers: $FBIZ
Topics: deposit expansion earnings report loan growth net interest margin private wealth management
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