Earnings ·
First Busey reports Q3 adjusted EPS of $0.63, up from $0.58 a year ago
BUSEFirst Busey Corp
First Busey Corporation reported third-quarter net income of $55.8 million, or $0.61 per diluted share, compared to $63.2 million in the prior quarter and $57.1 million a year ago. Adjusted diluted earnings per share were $0.63, slightly below the $0.69 reported in Q2 2026 but up from $0.64 in Q3 2025. The quarter was impacted by a $9.6 million provision for credit losses driven by a single commercial relationship moved to non-accrual status. Operating revenue remained stable at $194.3 million, supported by growth in net interest income and wealth management fees, which increased 15.5% year-over-year. Deposit balances grew by $408.8 million, or 2.7%, while loan balances declined due to payoffs and the reclassification of approximately $65 million of lender finance loans to held for sale. The company also repurchased $59.6 million of common stock during the quarter. First Busey Corporation operates as a regional financial holding company providing commercial banking, wealth management, and payment services primarily in the Midwest and Southern United States.