---
schema_version: "secwatch.filing_event.v1"
accession: "0000314489-23-000018"
form_type: "8-K"
ticker: "BUSE"
cik: "0000314489"
company_name: "FIRST BUSEY CORP /NV/"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T17:08:41.194674+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Busey Q1 net income $36.8M, EPS $0.65; raises dividend to $0.24

## Summary
- EPS of $0.65, up 27.5% YoY; net income $36.8M vs $28.4M in Q1 2022.
- Core loan growth of $58.2M (3.10% annualized); core deposits 97.9% of total deposits.
- Non-performing assets remain low at 0.13% of total assets; allowance coverage 602.91% of NPLs.
- Quarterly dividend increased to $0.24 per share from $0.23.
- Deposit base stable during March stress; net outflows of only $22.3M from March 8-31.

## SEC filing metadata
- accession: 0000314489-23-000018
- form_type: 8-K
- ticker: BUSE
- cik: 0000314489
- company_name: FIRST BUSEY CORP /NV/
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314489/000031448923000018/0000314489-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314489/000031448923000018/buse-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000314489-23-000018
- JSON: https://secwatch.observer/filing/0000314489-23-000018.json
- Plain text: https://secwatch.observer/filing/0000314489-23-000018.txt

## Key facts
- Earnings Releases
  FIRST BUSEY CORP /NV/ reported the quarter ended March 31, 2023 results: net income $36.8 million, EPS $0.65 per diluted common share.
  - Period: the quarter ended March 31, 2023
  - Net income: $36.8 million
  - EPS: $0.65 per diluted common share
  - Result: reported results
  source text: Net income for First Busey Corporation (“First Busey” or the “Company”) was $36.8 million for the first quarter of 2023, or $0.65 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/314489/000031448923000018/0000314489-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.