Filing Flows › First Business Financial Services (FBIZ) › Q3 2026
First Business Financial Services (FBIZ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
First Business Financial Services (FBIZ) reported revenue of $47.5M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before. Operating margin was 41.0%, net earnings $16.6M (34.9% of revenue).
First Business Financial Services, Q3 2026: revenue $47.5M (+7% year over year), operating margin 41.0%, net earnings $16.6M, operating cash flow $5.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.5M | +2% | +7% |
| Operating profit | $19.5M | +16% | +12% |
| Net earnings | $16.6M | +6% | +15% |
| Operating cash flow | $5.5M | -87% | -70% |
| Free cash flow | $5.2M | -88% | -72% |
What changed
Revenue was $47.5M in Q3 2026, up 7% year over year and up 2% from the previous quarter. Net interest income was the largest line at 82% of revenue. Net interest income added $4.2M year over year (up 12%), 141% of the total change. Noninterest income declined 13%.
Operating profit was $19.5M, a 41.0% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 70% reached operating profit, above the 39% margin then. Total costs grew 3% against revenue growth of 7%. The fastest-growing cost line was Credit loss provision (+35%). Net earnings were $16.6M, up 15% year over year. The effective tax rate was 14.8%.
Operating cash flow was $5.5M (down 70% year over year), 33% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $707K of share-based compensation. Working capital and other items used $12.8M. Capital expenditures of $300K left free cash flow of $5.2M.
Questions
What was First Business Financial Services' revenue in the third quarter 2026?
First Business Financial Services (FBIZ) reported revenue of $47.5M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before.
Was First Business Financial Services profitable in the third quarter 2026?
Operating profit was $19.5M (41.0% of revenue) and net earnings $16.6M.
Source: First Business Financial Services 10-Q on SEC EDGAR.