First Business Bank's Q3 net income rises on loan growth

Reuters

Oct 31

First Business Bank's Q3 net income rises on loan growth

Overview

First Business Q3 net income rises to $14.2 mln, driven by loan and deposit growth
EPS for Q3 increases to $1.70 from $1.24 yr/yr

Outlook

Company did not provide specific guidance for future quarters in press release

Result Drivers

LOAN AND DEPOSIT GROWTH - Co attributes Q3 earnings increase to 10% loan growth and 9% core deposit growth
RECORD FEE INCOME - Co reports record pre-tax, pre-provision earnings driven by record fee income
ASSET QUALITY IMPROVEMENT - Co notes 18% reduction in non-performing assets contributing to improved asset quality

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Operating Revenue		$44.29 mln
Q3 EPS		$1.70
Q3 Net Interest Income		$34.88 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for First Business Financial Services Inc is $59.00, about 16% above its October 29 closing price of $49.58

Press Release: ID:nBw2skBhZa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2579174712"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2579174712\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2579174712?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-31 04:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2579174712","market":"fut","top_or_hot":-1,"title":"First Business Bank's Q3 net income rises on loan growth","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>First Business Bank's Q3 net income rises on loan growth</title></head><body><p><span>Overview</span></p><ul><li><p>First Business Q3 net income rises to $14.2 mln, driven by loan and deposit growth</p></li><li><p>EPS for Q3 increases to $1.70 from $1.24 yr/yr</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company did not provide specific guidance for future quarters in press release</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>LOAN AND DEPOSIT GROWTH - Co attributes Q3 earnings increase to 10% loan growth and 9% core deposit growth</p></li><li><p>RECORD FEE INCOME - Co reports record pre-tax, pre-provision earnings driven by record fee income</p></li><li><p>ASSET QUALITY IMPROVEMENT - Co notes 18% reduction in non-performing assets contributing to improved asset quality</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Operating Revenue</p></td><td></td><td><p>$44.29 mln</p></td><td></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>$1.70</p></td><td></td></tr><tr><td><p>Q3 Net Interest Income</p></td><td></td><td><p>$34.88 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 5 \"strong buy\" or \"buy\", no \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the banks peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for First Business Financial Services Inc is $59.00, about 16% above its October 29 closing price of $49.58</p></li></ul><p>Press Release: <span>ID:nBw2skBhZa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Business Bank's Q3 net income rises on loan growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Business Bank's Q3 net income rises on loan growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-31 04:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>First Business Bank's Q3 net income rises on loan growth</title></head><body><p><span>Overview</span></p><ul><li><p>First Business Q3 net income rises to $14.2 mln, driven by loan and deposit growth</p></li><li><p>EPS for Q3 increases to $1.70 from $1.24 yr/yr</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company did not provide specific guidance for future quarters in press release</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>LOAN AND DEPOSIT GROWTH - Co attributes Q3 earnings increase to 10% loan growth and 9% core deposit growth</p></li><li><p>RECORD FEE INCOME - Co reports record pre-tax, pre-provision earnings driven by record fee income</p></li><li><p>ASSET QUALITY IMPROVEMENT - Co notes 18% reduction in non-performing assets contributing to improved asset quality</p></li></ul><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q3 Operating Revenue</p></td><td></td><td><p>$44.29 mln</p></td><td></td></tr><tr><td><p>Q3 EPS</p></td><td></td><td><p>$1.70</p></td><td></td></tr><tr><td><p>Q3 Net Interest Income</p></td><td></td><td><p>$34.88 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 5 \"strong buy\" or \"buy\", no \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the banks peer group is \"buy\"</p></li><li><p>Wall Street's median 12-month price target for First Business Financial Services Inc is $59.00, about 16% above its October 29 closing price of $49.58</p></li></ul><p>Press Release: <span>ID:nBw2skBhZa</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FBIZ","symbol_name":"第一商业金融服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251030:nL1N3WB1LN:1","article_id":"2579174712","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579174712","pubTimestamp":1761855232,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"First Business Bank's Q3 net income rises on loan growthOverviewFirst Business Q3 net income rises to $14.2 mln, driven by loan and deposit growthEPS for Q3 increases to $1.70 from $1.24 yr/yrOutlookC","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FBIZ":"第一商业金融服务","BK4211":"区域性银行"},"translate_title":"第一商业银行第三季度净利润因贷款增长而增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FBIZ":0.9},"content_text":"First Business Bank's Q3 net income rises on loan growthOverviewFirst Business Q3 net income rises to $14.2 mln, driven by loan and deposit growthEPS for Q3 increases to $1.70 from $1.24 yr/yrOutlookCompany did not provide specific guidance for future quarters in press releaseResult DriversLOAN AND DEPOSIT GROWTH - Co attributes Q3 earnings increase to 10% loan growth and 9% core deposit growthRECORD FEE INCOME - Co reports record pre-tax, pre-provision earnings driven by record fee incomeASSET QUALITY IMPROVEMENT - Co notes 18% reduction in non-performing assets contributing to improved asset qualityKey DetailsMetricBeat/MissActualConsensus EstimateQ3 Operating Revenue$44.29 mlnQ3 EPS$1.70Q3 Net Interest Income$34.88 mlnAnalyst CoverageThe current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 5 \"strong buy\" or \"buy\", no \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the banks peer group is \"buy\"Wall Street's median 12-month price target for First Business Financial Services Inc is $59.00, about 16% above its October 29 closing price of $49.58Press Release: ID:nBw2skBhZaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}