First Business Financial Q3 net income rises 15.1% to $16.6M; NIM expands 12 bp

Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read

Key Changes

• high

  Net income available to common shareholders rose 15.8% to $16.1M, or $1.95 diluted EPS, from $14.2M and $1.70 a year ago.

  MD&A: Net income and EPS verify on EDGAR →
• high

  Non-performing assets climbed to $40.2M (0.91% of assets) from $23.5M (0.58%) a year earlier, driven by a previously disclosed southeast Wisconsin relationship.

  MD&A: Non-performing assets verify on EDGAR →
• high

  Allowance for credit losses covered 96.5% of non-accrual loans, down from 163.2% a year ago, reducing the cushion against potential losses.

  Notes: Allowance coverage view on EDGAR →