First Business Financial: Q2 2026 diluted EPS $1.84, up 36% from a year earlier
First Business Financial Services furnished an investor presentation on its second-quarter 2026 results and strategy. Diluted EPS was $1.84 and net income available to common was $15.4 million, up 28% from the linked quarter and 37% from a year earlier, though Q2 EPS included a $0.14 net one-time benefit. The company also exited out-of-footprint SBA 7(a) lending in May 2026 and estimates a $0.03 quarterly EPS benefit in 2027.
Key points
- Q2 2026 diluted EPS $1.84 (up 28% linked quarter, up 36% year over year); net income available to common $15.4 million
- Q2 EPS included a $0.14 net benefit from a $1.5 million deferred tax asset valuation allowance reversal, partly offset by $405,000 in severance costs
- Operating revenue $46.7 million, up 14% year over year for the first half comparison in the table is $91.0 million, up 11%
- Out-of-footprint SBA 7(a) lending exit completed in May 2026; estimated 2027 quarterly EPS benefit of $0.03
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.