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 reports news as a financial holding company centered on Busey Bank, Wealth Management and FirsTech payment technology. Recurring updates cover bank earnings, net interest margin, pre-provision net revenue, asset quality, deposit funding, commercial and consumer banking activity, and the contribution of wealth management and payments services.
Company developments also include integration and synergy updates following the completed CrossFirst acquisition, capital actions such as preferred depositary share offerings and dividends, credit rating actions, and governance changes affecting the holding company and bank leadership.
First Busey Corporation (Nasdaq: BUSE) appointed Michael Peluso, formerly Deputy General Counsel of First Busey and Busey Bank, as General Counsel and corporate secretary, succeeding long-time General Counsel John Powers following his retirement from that position. Peluso also joins the company’s executive leadership team, while Powers remains with the company as Senior Counsel to support specific projects and ensure a smooth transition.
According to First Busey, Peluso has over 16 years of financial services legal experience and has worked at Busey since 2015. As of June 30, 2026, First Busey reported $18.19 billion in assets, with Busey Bank holding $18.15 billion in assets and Busey’s Wealth Management division overseeing $16.51 billion in assets under care.
First Busey Corporation (Nasdaq: BUSE) reported 2026 second quarter net income of $63.2 million, or $0.69 per diluted share, up from $50.0 million ($0.52) in the first quarter and $47.4 million ($0.52) a year earlier. Adjusted net income was $63.7 million, or $0.69 per diluted share. Reported net interest margin was 3.72% and adjusted net interest margin was 3.62%. Annualized return on average assets was 1.42% (adjusted 1.43%), and annualized return on average tangible common equity was 14.49% (adjusted 14.61%).
Pre-provision net revenue was $81.6 million (adjusted $84.8 million). Wealth management assets under care reached $16.51 billion. Deposits grew by $392.7 million (2.7% QoQ, 11% annualized), while borrowings fell by $184.6 million. The efficiency ratio improved to 54.0% on an adjusted basis, CET1 capital reached 12.53%, and tangible book value per common share rose 6.4% year-over-year to $20.40. Year-to-date share repurchases totaled $128.8 million, including $63.1 million in the quarter. Net charge-offs were 0.19%.
First Busey Corporation (Nasdaq: BUSE) announced that Chairman, President and CEO Van Dukeman has agreed to remain CEO of the company and Busey Bank through July 1, 2029 under a new letter agreement. He will also continue as Chairman and President of First Busey and Chairman of Busey Bank’s board.
Dukeman, who has led Busey since 2007 and served as a bank CEO for over 28 years, oversaw growth in assets from about $4 billion to more than $18 billion via organic expansion and nine acquisitions. As part of the agreement, he will retain at least 300,000 shares of First Busey common stock for two years after his CEO tenure ends. As of March 31, 2026, First Busey reported $18.04 billion in assets, Busey Bank had $18.01 billion in assets and 80 banking centers across 10 states, and its Wealth Management division had $15.65 billion in assets under care.
First Busey Corporation (Nasdaq: BUSE) reported first quarter 2026 results with GAAP net income of $50.0 million ($0.52 diluted EPS) and adjusted net income of $58.6 million ($0.67 adjusted diluted EPS).
Key operating metrics: adjusted ROATCE 14.12%, adjusted ROAA 1.42%, net interest margin 3.77%, Common Equity Tier 1 ratio 12.31%, tangible book value per share $20.14, and $65.6 million of share repurchases during the quarter.
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.