
• Reported GAAP EPS of $1.44 up 9.09% YoY • Reported revenue of $44.29M up 8.46% YoY • First Business Financial Services Inc. targets full-year 2026 growth of 10% and aims to achieve a net interest margin between 3.60% and 3.65%, while maintaining disciplined risk management.
Bullish
First Business Financial Services Inc. delivered robust loan and core deposit growth, increased non-interest income by 15.8%, and expanded tangible book value per share by 13.6% year-over-year.
Bearish
First Business Financial Services Inc. saw sequential declines in net income and EPS, an increased provision for credit losses, and a year-over-year rise in non-performing assets due to a CRE loan downgrade.