First Busey Q2 FY26 net income rises 26.5% to $63.2 million; diluted EPS climbs 32.7% to $0.69

Reuters2026/07/28 21:01

By:Reuters

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First Busey posted Q2 net income of USD 63.2 million, up 26.4% from Q1, with diluted EPS of USD 0.69.
Net interest margin was 3.72%, down 5 basis points from Q1; management cited lower purchase accounting accretion.
Wealth management fees rose 3.2% from Q1 to USD 20 million, with assets under care at USD 16.51 billion.
Total deposits climbed 2.7% from Q1 to USD 15.13 billion; borrowings fell USD 184.6 million, cutting the loan-to-deposit ratio to 87.2%.
Busey repurchased 2,340,000 shares for USD 63.1 million; CEO Van A. Dukeman highlighted 11% annualized deposit growth, with net charge-offs at 0.19%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Busey Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607281700PRIMZONEFULLFEED9799685) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Busey Q2 FY26 net income rises 26.5% to $63.2 million; diluted EPS climbs 32.7% to $0.69

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