First Business Financial Services, Inc. (FBIZ) Q3 2026 Earnings Call Transcript
First Business Financial Services, Inc. (FBIZ) Q3 2026 Earnings Call October 30, 2026 9:00 AM EDT
Company Participants
David Seiler – President, CEO & Director
Brian Spielmann – CFO & Treasurer
Conference Call Participants
Damon Del Monte – Keefe, Bruyette, & Woods, Inc., Research Division
Nathan Race – Piper Sandler & Co., Research Division
Jeff Rulis – D.A. Davidson & Co., Research Division
Brian Martin – Brean Capital, LLC, Research Division
Nicholas Holowko – Raymond James & Associates, Inc., Research Division
Presentation
Operator
Good morning. Welcome to the First Business Financial Services Third Quarter 2026 Earnings Conference Call. [Operator Instructions]
Please note, this event is being recorded, and today’s comments may contain forward-looking statements that are subject to risks and uncertainties. Actual results may differ materially from those discussed. Please refer to the company’s earnings release, investor presentation and SEC filings for additional information, including risk factors and reconciliations of any non-GAAP financial measures.
I would now like to turn the conference over to First Business Financial Services, Inc. President and CEO, Dave Seiler. Please go ahead.
David Seiler
President, CEO & Director
Thank you, and good morning, everyone. We appreciate you joining us today, and I’m pleased to report an outstanding third quarter of 2026 for First Business Bank. We produced record pretax pre-provision and bottom line earnings that reflect our consistent execution against our long-term strategic plan. Our earnings per share grew 6% compared to $1.84 in the second quarter or 15% when you take out the $0.14 of net onetime benefits last quarter. Earnings per share were also up 15% year-over-year. And on a year-to-date basis, EPS grew 20% over earnings for the first 9 months of 2025. These outcomes were driven by strong operating fundamentals as reflected in pretax pre-provision earnings that grew 13% year-over-year and 14% on a year-to-date basis.
