First Business Financial Services, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 30, 2026, reporting third-quarter net income of $16.572 million and total assets of $4.444 billion.

Key Highlights

  • Net income of $16.572 million for the three months ended September 30, 2026, compared to $14.393 million in the same period of 2025, according to the filing.
  • Net interest income of $39.078 million for Q3 2026, up from $34.886 million in Q3 2025, as reported in the consolidated statements of income.
  • Total assets reached $4.444 billion at September 30, 2026, compared to $4.082 billion at December 31, 2025, per the consolidated balance sheet.
  • Loans and leases receivable, net, of $3.637 billion at September 30, 2026, up from $3.337 billion at December 31, 2025.
  • Diluted earnings per common share of $1.95 for the three months ended September 30, 2026, versus $1.70 in the prior-year quarter.
  • Dividends declared of $0.34 per share for the three months ended September 30, 2026, compared to $0.29 in the same quarter of 2025.
  • 8,328,723 common shares outstanding as of October 26, 2026, per the cover page disclosure.

First Business Financial Services Reports Q3 2026 Earnings and Balance Sheet Growth

First Business Financial Services, Inc. (NASDAQ:FBIZ), a Wisconsin-incorporated bank holding company headquartered in Madison, Wisconsin, disclosed its unaudited financial results for the three and nine months ended September 30, 2026, in a Form 10-Q filed October 30, 2026. According to the filing, net income for the third quarter of 2026 was $16.572 million, rising from $14.393 million in the third quarter of 2025. For the nine months ended September 30, 2026, net income totaled $44.352 million, compared to $36.986 million for the same period in 2025.

The filing reported total interest income of $66.525 million for Q3 2026, up from $63.746 million in Q3 2025, while total interest expense declined to $27.447 million from $28.860 million, producing net interest income of $39.078 million for the quarter. The provision for credit losses was $1.943 million for the three months ended September 30, 2026, versus $1.440 million in the comparable prior-year period. Total non-interest income was $8.429 million for Q3 2026, compared to $9.640 million in Q3 2025, with private wealth management service fees rising to $4.175 million from $3.687 million. Total non-interest expense was $26.105 million for the quarter, up from $25.700 million in Q3 2025.

On the balance sheet, the company reported total assets of $4.444 billion at September 30, 2026, compared to $4.082 billion at December 31, 2025. Total deposits grew to $3.750 billion from $3.380 billion over the same period. Total stockholders' equity was $404.604 million at September 30, 2026, up from $371.585 million at December 31, 2025. The allowance for credit losses stood at $36.541 million at September 30, 2026, compared to $35.877 million at December 31, 2025. Accumulated other comprehensive loss was $(11.550) million at September 30, 2026.

What Was Disclosed

First Business Financial Services filed its unaudited quarterly report covering the period ended September 30, 2026, disclosing Q3 net income of $16.572 million, total assets of $4.444 billion, net interest income of $39.078 million, and diluted earnings per common share of $1.95.