Quarterly ResultJul 28, 2026, 05:03 PM
First Busey Q2 Adjusted EPS $0.69; Net Income $63.2M
AI Summary
First Busey Corporation announced strong second quarter 2026 earnings, with adjusted diluted EPS increasing 9.5% year-over-year to $0.69. Net income for the quarter was $63.2 million. The company saw expanded profitability, improved efficiency, and record wealth management fee income, alongside significant deposit growth and strengthened capital ratios. First Busey also repurchased $63.1 million of its common stock during the quarter.
Key Highlights
- Adjusted diluted EPS was $0.69, an increase of 9.5% year-over-year.
- Net income for Q2 2026 was $63.2 million.
- Adjusted return on average assets improved by 22 basis points to 1.43%.
- Adjusted net interest margin rose by 29 basis points year-over-year to 3.62%.
- Wealth Management assets under care reached a record $16.51 billion.
- Efficiency ratio improved by 134 basis points year-over-year to 54.0%.
- The company repurchased $63.1 million in shares during the quarter.
- Tangible book value per common share grew 6.4% year-over-year to $20.40.
Price Impact
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