First Busey Earnings Reports

First Busey Corporation delivered a strong third quarter in 2025, with net income increasing to $57.1 million and diluted EPS reaching $0.58. The company successfully optimized its balance sheet by reducing high-cost, non-relationship deposits, which contributed to an improved adjusted return on average assets of 1.33% and an expanded net interest margin of 3.58%. Credit quality also showed improvement, with classified assets as a percentage of capital falling to 7.0%.

First Busey Corporation reported a strong second quarter in 2025, with net income reaching $47.4 million and diluted EPS at $0.52. The results were significantly boosted by the full quarter contribution of the CrossFirst acquisition, leading to substantial increases in net interest income and total noninterest income. Adjusted figures also showed robust performance, highlighting the company's core earnings growth and improved efficiency.

First Busey Corporation reported a net loss of $30.0 million, or $(0.44) per diluted common share, for the first quarter of 2025. This was primarily due to the transformative acquisition of CrossFirst Bankshares, Inc. on March 1, 2025, which included significant one-time acquisition-related expenses and provision for credit losses on acquired loans. Despite the net loss, adjusted net income, excluding non-GAAP adjustments, was $39.9 million, or $0.57 per diluted common share, indicating underlying operational strength.

First Busey Corporation reported a net income of $28.1 million for Q4 2024, with diluted earnings per share of $0.49. Adjusted net income was $30.7 million, or $0.53 per diluted common share. The Wealth Management segment achieved record high quarterly revenue of $17.0 million.

First Busey Corporation reported a net income of $32.0 million, or $0.55 per diluted common share, for the third quarter of 2024. The company also announced a transformative partnership with CrossFirst Bankshares.

First Busey Corporation announced second quarter earnings with a net income of $27.4 million, or $0.47 per diluted common share. The quarter was marked by an increase in net interest margin, solid noninterest income, and the finalization of the acquisition and integration of Merchants & Manufacturers Bank Corporation.

First Busey Corporation reported a net income of $26.2 million, with diluted EPS of $0.46. The company executed a balance sheet repositioning expected to be both capital and earnings accretive. Adjusted noninterest income was $33.9 million, representing 30.9% of operating revenue. The acquisition of Merchants & Manufacturers Bank Corporation was finalized on April 1, 2024.

First Busey Corporation reported a net income of $25.7 million, or $0.46 per diluted common share, for the fourth quarter of 2023. The company entered into a definitive agreement to acquire Merchants & Manufacturers Bank Corporation and executed a two-part balance sheet repositioning related to the securities portfolio. Non-performing assets declined 34.4% during the quarter, and the tangible book value per common share increased to $16.62.

First Busey Corporation reported a net income of $30.7 million and diluted EPS of $0.54 for the third quarter of 2023. Total deposits increased by $269.6 million, and short-term borrowings decreased significantly. Non-performing assets and classified assets also saw declines, indicating strong asset quality.

First Busey Corporation reported a net income of $29.4 million for the second quarter of 2023, with a diluted EPS of $0.52. Total deposits increased by $261.6 million quarter-over-quarter, reaching $10.06 billion. Non-performing assets remained low at 0.13% of total assets.

First Busey Corporation reported a net income of $36.8 million for the first quarter of 2023, with diluted earnings per share of $0.65. Core loan growth was $58.2 million, representing a 3.10% annualized growth rate. The tangible common equity ratio increased to 7.05%, and the adjusted core efficiency ratio improved to 55.6%.

First Busey Corporation reported a net income of $34.4 million, or $0.61 per diluted common share, for the fourth quarter of 2022. Adjusted net income was $36.3 million, or $0.65 per diluted common share. The net interest margin reflected a 24-basis point increase over the prior quarter, and core loan growth was $56.2 million.

First Busey Corporation reported a net income of $35.7 million, or $0.64 per diluted common share, for the third quarter of 2022. Adjusted net income was $36.4 million, or $0.65 per diluted common share. The company experienced strong core loan growth and deposit growth during the quarter, with non-performing assets remaining low.

First Busey Corporation reported a net income of $29.8 million, or $0.53 per diluted common share, for the second quarter of 2022. The company experienced strong core loan growth and an increase in net interest margin, while maintaining strong credit quality and capital levels.

First Busey Corporation reported a net income of $28.4 million for the first quarter of 2022, with diluted EPS of $0.51. The company experienced strong core loan growth and an increase in net interest margin. FirsTech revenue reached a record high, contributing to overall revenue diversification.

First Busey Corporation reported a net income of $29.9 million and diluted EPS of $0.53 for Q4 2021. Adjusted net income was $34.3 million, with adjusted diluted EPS at $0.61. The company experienced core loan growth and an increase in wealth management assets under care.

First Busey Corporation reported a net income of $25.9 million, or $0.46 per diluted common share, for the third quarter of 2021. The company experienced solid core organic loan growth and growth in wealth management assets under care. Noninterest income accounted for 31.9% of total revenue, supported by growth in wealth management, customer service fees, and remittance processing.

First Busey Corporation reported a net income of $29.8 million, or $0.53 per diluted common share, for the second quarter of 2021. The company finalized its acquisition of Cummins-American Corp. and experienced core organic loan growth. Wealth management assets under care increased, and non-interest income accounted for a significant portion of total revenue.

First Busey Corporation reported a net income of $37.8 million, or $0.69 per diluted common share, for the first quarter of 2021. Adjusted net income for the first quarter of 2021 was $38.1 million, or $0.69 per diluted common share.

First Busey Corporation reported a net income of $28.3 million, or $0.52 per diluted common share, for Q4 2020. Adjusted net income was $34.3 million, or $0.62 per diluted common share. The company closed 12 banking centers, generating cost savings, and managed the economic impacts of COVID-19, including originating $749.4 million in PPP loans.

First Busey Corporation reported a net income of $30.8 million, or $0.56 per diluted common share, for the third quarter of 2020, compared to $24.8 million, or $0.45 per diluted common share, for the third quarter of 2019. Adjusted net income for the third quarter of 2020 was $32.8 million, or $0.60 per diluted common share, as compared to $30.5 million, or $0.55 per diluted common share, for the third quarter of 2019.

First Busey Corporation reported a net income of $25.8 million, or $0.47 per diluted common share, for the second quarter of 2020. The company's total assets exceeded $10 billion during the quarter due to Paycheck Protection Program (PPP) loans and other factors.

First Busey's net income for the first quarter of 2020 was $15.4 million, or $0.28 per diluted common share, as compared to $28.6 million, or $0.52 per diluted common share, for the fourth quarter of 2019 and $25.5 million, or $0.48 per diluted common share, for the first quarter of 2019.

First Busey Corporation reported a positive fourth quarter in 2019, with net income increasing to $28.6 million and diluted earnings per share rising to $0.52. The wealth management segment also saw significant growth, with revenue increasing by 26.2% to $11.4 million.