Earnings Releases·Oct 27, 2026, 5:01 PM ET

First Busey Corporation — Q3 2026 Earnings Summary

Net income declined to $55.8 million ($0.61 diluted EPS) from $63.2 million in Q2 2026 and $57.1 million in Q3 2025, driven by a $9.6 million provision for credit losses (up from $2.2 million) and $11.4 million in net charge-offs, primarily due to a single commercial relationship.
Operating revenue remained stable at $194.3 million while total noninterest expense decreased 1.1% to $111.4 million; however, the efficiency ratio widened to 54.4% from 54.0% in the prior quarter.
Management provided no specific financial guidance changes but noted confidence in navigating macroeconomic uncertainty, with a +100 basis point rate shock expected to increase net interest income by 1.5% over the next twelve months.
The company executed $59.6 million in share repurchases (1,972,900 shares) and paid a $0.26 per share dividend, while total deposits grew 2.7% to $15.54 billion and brokered funding was reduced by $50.0 million.
Strategic highlights include a 15.5% year-over-year increase in wealth management fees and the repositioning of approximately $65 million of lender finance loans to held for sale following the CrossFirst Bankshares acquisition.