FIRST BUSEY CORP /NV/

First Busey Corporation announced the appointment of Michael Peluso as its new General Counsel and Corporate Secretary, effective immediately. Peluso, previously Deputy General Counsel, succeeds John Powers, who is retiring from the role after a long tenure. Powers will continue with the company as Senior Counsel to ensure a smooth transition. The company highlighted Peluso's extensive experience and his instrumental role in shaping legal strategy over his 11-plus years with Busey.

Stanley J. Bradshaw has retired from the board of directors of First Busey Corporation and its subsidiary, Busey Bank, effective July 29, 2026. The company stated that his decision to retire was not due to any disagreement with the Board or management. Concurrently, the Board of Directors reduced its size to 11 members.

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%.

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.

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.