
First Busey Q2 Adj. EPS $0.69, Net Income $63.7M; Wealth AUC $16.51B
First Busey Corporation announced strong second-quarter 2026 financial results, with adjusted diluted EPS of $0.69, marking a 9.5% increase year-over-year, and adjusted net income of $63.7 million. The company achieved record fee income in its Wealth Management division, with assets under care reaching $16.51 billion. Profitability metrics improved, with adjusted return on average assets at 1.43% and adjusted return on average tangible common equity at 14.61%. First Busey also demonstrated strong capital management, with a Common Equity Tier 1 Capital ratio of 12.53% and significant share repurchases totaling $63.1 million for the quarter. Deposit growth was robust, increasing by 2.7% quarter-over-quarter, while asset quality remained stable with net charge-offs at 0.19%.
Key Highlights
- Adjusted diluted EPS was $0.69, up 9.5% year-over-year.
- Adjusted net income reached $63.7 million for Q2 2026.
- Wealth Management assets under care hit a record $16.51 billion.
- Adjusted return on average assets improved to 1.43% and ROATCE to 14.61%.
- Efficiency ratio improved to 54.0% from 55.3% year-over-year.
- Common Equity Tier 1 Capital to Risk Weighted Assets rose to 12.53%.
- Share repurchases totaled $63.1 million this quarter, $128.8 million year-to-date.
- Deposits increased by $392.7 million, or 2.7% quarter-over-quarter.
Price Impact
More from BUSE