FIRST BUSEY CORP /NV/

First Busey Corporation announced that Chairman, President, and CEO Van Dukeman will continue to lead the company and Busey Bank as CEO through July 1, 2029, following a contract extension. Dukeman, who has served as CEO for over 28 years, has overseen the company's growth from $4 billion to over $18 billion in assets. The company highlighted strong profitability, a quality balance sheet, and a disciplined relationship banking strategy, with internal succession options in place for future leadership transition.

First Busey Corporation's stockholders approved the Second Amended 2020 Equity Incentive Plan, authorizing an increase of 2,100,000 shares for equity awards. Additionally, the board of directors approved an amendment to the company's share repurchase program to increase the number of shares. At the Annual Meeting, stockholders also elected 12 directors, approved executive officer compensation in a non-binding advisory vote, and ratified RSM US LLP as the independent auditor for 2026.

First Busey Corporation reported a strong financial turnaround for the first quarter of 2026, achieving a net income of $49.98 million, or $0.52 per basic common share, compared to a net loss of $29.99 million, or $0.44 loss per share, in the same period last year. This improvement was driven by a significant increase in net interest income to $153.97 million and a substantial reduction in the provision for credit losses. The company also noted a subsequent event where its revolving line of credit was increased to $50.0 million with a reduced interest rate.

First Busey Corporation announced a quarterly cash dividend of $0.515625 per depositary share on its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock. The dividend is scheduled to be paid on June 1, 2026. Only stockholders of record as of May 15, 2026, will be eligible to receive this dividend.

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.

First Busey Corporation reported strong first quarter 2026 results with adjusted diluted EPS of $0.67, a 17.5% increase year-over-year, and net income of $50.0 million. The company demonstrated continued profitability improvement, with adjusted return on average assets rising to 1.42% and adjusted ROATCE to 14.12%. Expenses were well controlled, leading to an improved efficiency ratio of 54.8%, and the company repurchased $65.6 million in common stock while maintaining strong capital. Credit quality remained robust with non-performing assets down 14.0% quarter-over-quarter.

First Busey Corporation announced a quarterly cash dividend of $0.26 per share on its outstanding common stock. The dividend is scheduled for payment on May 1, 2026, to stockholders of record as of April 24, 2026. This declaration signifies the company's continued commitment to providing returns to its shareholders.