First Bancshares Missouri Q3 net interest income rises on loan growth

First Bancshares (Missouri)

09/10/2026 15:39

Overview
US commercial bank holding company's Q3 net income and EPS reached record levels, rising yr/yr
Net interest income grew 26.9% yr/yr on strong loan growth
Asset quality remained high, with nonaccrual loans down 42.8% yr/yr

Outlook
Company did not provide specific financial guidance for future quarters or the full year

Result Drivers
LOAN GROWTH - Co said strong loan growth drove a 26.9% yr/yr increase in net interest income
LOWER FUNDING COSTS - Interest expense rose only 7.0% despite 20.8% deposit growth, reducing cost of funds to 1.77% from 2.01% and expanding net interest margin
IMPROVED EFFICIENCY - Efficiency ratio improved to 56.7% for the first nine months of 2026 from 59.3% for the same period in 2025, despite acquisition-related expenses

Company press release: ID:nGNX8BJBsY

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
 
$1.05
 
Q3 Net Income
 
$2.56 mln
 
Q3 Net Interest Income
 
$7.94 mln
 
Q3 Pretax Profit
 
$3.20 mln
 
Q3 Provision for Credit Losses
 
$446,000
 

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(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.)