Quarterly ResultApr 28, 2026, 05:07 PM
BUSE Q1 Adj. EPS $0.67, Net Income $58.6M; NIM 3.77%
AI Summary
First Busey Corporation reported strong Q1 2026 results with adjusted diluted EPS of $0.67, a 17.5% increase year-over-year, and adjusted net income of $58.6 million. The company achieved an adjusted return on average assets of 1.42% and an adjusted return on average tangible common equity of 14.12%. Net interest margin expanded to 3.77%, and wealth management fee income reached a new quarterly record of $19.5 million. Busey also repurchased $65.6 million in shares, contributing to an 8.2% year-over-year growth in tangible book value per common share to $20.14.
Key Highlights
- Adjusted diluted EPS increased 17.5% year-over-year to $0.67.
- Adjusted net income available to common stockholders was $58.6 million.
- Adjusted return on average assets improved by 33 basis points year-over-year to 1.42%.
- Net interest margin expanded by 6 basis points quarter-over-quarter to 3.77%.
- Wealth management fee income achieved a new quarterly record of $19.5 million.
- Repurchased $65.6 million in shares during the quarter, over 6% of outstanding shares since March 2025.
- Tangible book value per common share grew 8.2% year-over-year to $20.14.
- Non-performing assets decreased by 14.0% quarter-over-quarter.
Price Impact
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