10-Q quarterly report · filed Apr 24, 2026

FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ) Q1 2026 10-Q Quarterly Report

Short answer

FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ) filed its Q1 2026 10-Q quarterly report on Apr 24, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $62M (up 4.0% year over year) with net income of $12M.

Q1 2026 key financials · XBRL

Revenue
$62M
+4.0% YoY
Net income
$12M
+9.2% YoY
EPS (diluted)
$1.44
+9.1% YoY

Source: XBRL data from the FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ) Q1 2026 10-Q on SEC EDGAR. USD.

FIRST BUSINESS FINANCIAL SERVICES, INC. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Top-line revenue $44.3M, up 8.5% YoY from $40.8M
  • Net interest margin 3.56% vs 3.69% YoY
  • Best fee line swap fees $628K, up 455.8% YoY; weakest SBA loan-sale gains $592K, down 38.5%
  • Net income $12.0M vs $11.0M; ROAA 1.13% vs 1.14% and efficiency ratio 61.14% vs 60.28%
  • Loans increased $125.9M to $3.501B; core deposits increased $123.1M to $2.796B
  • Management targets net interest margin 3.60%-3.65%; cited rate changes and fee volatility as headwinds

Risk Factors

  • No risk-factors section provided; filing excerpt contains no stated changes from the latest 10-K
  • Equity repurchase capacity: $5.0 million authorized, with 92,713 shares remaining
  • Share withholding activity: 13,906 shares repurchased at $58.36 for restricted-award tax obligations
  • Market exposure: common-stock closing price $53.93 on March 31, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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