Busey Q4 net income $28.1M, diluted EPS $0.49; merger with CrossFirst on track

FIRST BUSEY CORP /NV/

2024-FY EPS reported $1.98 revenue$462,293,000

Net income $28.1M ($0.49 diluted EPS); adjusted net income $30.7M ($0.53 adjusted EPS).
Tangible book value per share $17.88, up 7.6% YoY from $16.62.
Wealth management revenue record $17.0M in Q4; $65.0M for full year 2024.
CrossFirst merger received stockholder and regulatory approvals; expected close March 1, 2025.
Pre-provision net revenue $38.8M; adjusted PPNR $42.0M; annualized ROAA 0.93%.

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