Welcome to our dedicated page for First Busey news (Ticker: BUSE), a resource for investors and traders seeking the latest updates and insights on First Busey stock.
First Busey Corporation (Nasdaq: BUSE) is a financial holding company with operations centered on commercial banking, wealth management, and payment technology solutions. Its news flow reflects this diversified model, with frequent updates on earnings performance, capital actions, acquisitions, and strategic initiatives.
Investors following BUSE news will find detailed quarterly and annual earnings releases that discuss net interest income, net interest margin, noninterest income categories, credit quality, and capital ratios. These releases also highlight the contribution of fee-based businesses such as wealth management and payment technology solutions, including revenue from treasury management services, card services and ATM fees, and payment technology offerings at FirsTech, Inc.
Corporate news has also covered significant transactions and capital markets activity. A major recent theme has been the acquisition of CrossFirst Bankshares, Inc. and CrossFirst Bank, described by the company as a transformational partnership that expanded Busey’s commercial banking footprint across 10 states. Other announcements include the pricing and closing of depositary share offerings tied to First Busey’s 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock, along with related plans to redeem subordinated notes and support balance sheet growth.
Additional BUSE news items include regulatory milestones, such as Federal Reserve approval for acquisitions, shareholder approvals of mergers, and periodic credit rating actions from agencies like KBRA that discuss earnings trends, asset quality, and funding costs. Dividend declarations on both common stock and preferred depositary shares are disclosed through Form 8‑K filings and press releases, providing insight into the company’s capital management approach.
This page aggregates these updates so readers can review First Busey’s financial results, strategic transactions, rating developments, and dividend announcements in one place and monitor how the company communicates its performance and strategy over time.
First Busey Corporation (Nasdaq: BUSE) reported Q4 2025 net income of $60.8 million ($0.63 diluted EPS) and adjusted net income of $65.2 million ($0.68). Net interest margin expanded to 3.71%, adjusted ROAA was 1.41%, and adjusted ROATCE was 13.58%.
Wealth assets under care rose to $15.66 billion (+4.7% QoQ). CET1 capital grew to 12.44%, tangible book value per share increased 13.1% YoY, and the company repurchased $69.9 million of stock in 2025. Leadership changes were announced on January 27, 2026.
First Busey Corporation (Nasdaq: BUSE) reported third quarter 2025 results on October 28, 2025. Net income was $57.1 million ($0.58 diluted EPS) and adjusted net income was $57.4 million ($0.64 adjusted EPS). Net interest margin improved to 3.58% and adjusted ROAA was 1.33%. The company reduced high-cost, non-relationship deposits by $794.6 million, lowering spot deposit cost to 2.01%. Wealth management assets under care rose to $14.96 billion. Classified assets fell to 7.0% of capital and net charge-offs were 0.17%.
First Busey Corporation (Nasdaq: BUSE) reported Q2 2025 earnings with net income of $47.4 million, or $0.52 per diluted share, compared to a net loss of $30.0 million in Q1 2025. Adjusted earnings reached $57.4 million, or $0.63 per diluted share.
The quarter marked the successful completion of the CrossFirst Bank merger, expanding Busey's presence to 78 locations across 10 states. Key financial metrics include a net interest margin of 3.49%, return on average assets of 1.00%, and return on average tangible common equity of 11.24%. Net interest income increased significantly to $153.2 million, up from $103.7 million in Q1 2025.
The company's wealth management division ended Q2 2025 with $14.10 billion in assets under care, while treasury management services revenue surged 132.2% year-over-year due to the CrossFirst acquisition integration.
First Busey Corporation (NASDAQ: BUSE) has announced the pricing of 8,000,000 depositary shares, each representing a 1/40th ownership interest in its 8.25% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock. Each depositary share has a liquidation preference of $25.00. Dividends will be payable quarterly at an annual rate of 8.25%, beginning September 1, 2025.
The company plans to use the net proceeds to redeem its 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 and for general corporate purposes, including supporting Busey Bank's balance sheet growth. The depositary shares will be listed on the Nasdaq Global Select Market under the symbol \"BUSEP\". The offering is expected to close around May 20, 2025.
As of March 31, 2025, First Busey Corporation is a $19.46 billion financial holding company headquartered in Leawood, Kansas, with Busey Bank ($11.98 billion in assets) and CrossFirst Bank ($7.45 billion in assets) as its subsidiaries.
KBRA has affirmed First Busey Corporation's (NASDAQ: BUSE) ratings and assigned a preferred shares rating of BBB-. The company maintains strong credit ratings with a Stable outlook, supported by robust financial performance including a consistent ROA of ~1.00%-1.10% over the past five years and 1.09% in Q1 2025.
Following the CrossFirst Bankshares acquisition completed on March 1, 2025, BUSE's NIM increased to 3.16% (3.08% adjusted). While deposit costs rose to 1.91% in Q1 2025, they remain below peer averages. Credit quality remains sound despite modest increases in nonperforming assets post-acquisition, with an ACL ratio of 1.41% and strong NPL coverage of 3.57x.
The company's capital ratios declined post-acquisition but remain solid with CET1 at 12.0% and TCE at 8.8% in Q1 2025, with expectations of future capital build-up through earnings.First Busey (BUSE) completed its transformative acquisition of CrossFirst Bankshares on March 1, 2025, creating a premier commercial bank across 10 states with 78 locations. The merger resulted in Busey shareholders owning 63.5% and CrossFirst shareholders 36.5% of the combined company.
Q1 2025 financial results showed a net loss of $(30.0) million, or $(0.44) per diluted share, compared to net income of $28.1 million in Q4 2024. However, adjusted net income was $39.9 million, or $0.57 per diluted share. Net interest income increased to $103.7 million, with net interest margin at 3.16%.
The acquisition was accretive to tangible book value, exceeding initial projections. CrossFirst Bank will operate separately until its planned merger with Busey Bank on June 20, 2025.
First Busey (NASDAQ: BUSE) has completed its acquisition of CrossFirst Bankshares effective March 1, 2025. The merger creates a premier commercial bank with approximately $20 billion in total assets, $17 billion in deposits, $15 billion in loans, and $14 billion in wealth assets under care, serving clients across 77 locations in 10 states.
The holding company will be headquartered in Leawood, Kansas, while Busey Bank's headquarters remains in Champaign, Illinois. CrossFirst Bank will initially operate as a separate banking subsidiary until June 2025, when it will merge with Busey Bank under the Busey brand.
Under the merger terms, CrossFirst shareholders received 0.6675 shares of Busey common stock for each CrossFirst share, representing approximately 36.5% ownership of the combined company. The merged entity continues trading under the 'BUSE' ticker on NASDAQ.
First Busey (BUSE) reported Q4 2024 net income of $28.1 million, or $0.49 per diluted share, compared to $32.0 million ($0.55/share) in Q3 2024 and $25.7 million ($0.46/share) in Q4 2023. Adjusted net income was $30.7 million ($0.53/share).
Key highlights include record quarterly wealth management revenue of $17.0 million, tangible book value per share increase of 7.6% year-over-year to $17.88, and adjusted noninterest income of $35.4 million (30.3% of total revenue). The company received stockholder and regulatory approvals for the CrossFirst Bankshares merger, expected to close March 1, 2025.
Full-year 2024 results showed net income of $113.7 million ($1.98/share) and adjusted net income of $119.8 million ($2.08/share). The company maintained strong asset quality with non-performing assets at 0.19% of total assets and an allowance for credit losses covering 3.59 times non-performing loans.
First Busey (NASDAQ: BUSE) has received Federal Reserve approval to acquire CrossFirst Bankshares through merger. The transaction, which received shareholder approval on Dec. 20, 2024, is expected to close on March 1, 2025, pending Illinois Department of Financial and Professional Regulation approval.
The merger will create a combined entity with approximately $20 billion in total assets, $17 billion in deposits, $15 billion in loans, and $14 billion in wealth assets under care. The combined company will operate across 77 locations in 10 states, expanding Busey's presence in high-growth metro markets including Kansas City, Wichita, Dallas/Fort Worth, Denver, and Phoenix.
CrossFirst Bank will initially operate as a separate banking subsidiary until its planned merger with Busey Bank in late June 2025. The partnership aims to enhance commercial banking relationships and expand wealth management and payment technology solutions through FirsTech, Inc. The combination is expected to improve net interest margin and efficiency, leading to increased profitability for shareholders.