earnings
confidence high
sentiment positive
materiality 0.65
First Busey Q3 GAAP EPS $0.58, adjusted $0.64; NIM 3.58%, deposit costs fall
FIRST BUSEY CORP /NV/
2025-Q3 EPS reported
$0.83
revenue$519,335,000
- Net income $57.1M ($0.58 diluted EPS); adjusted net income $62.5M ($0.64 adjusted EPS).
- Net interest margin expanded 9 bps to 3.58%; spot deposit cost fell 21 bps to 2.01%.
- Runoff of $794.6M high-cost deposits (avg cost 4.45%) largely complete; loan balances down modestly.
- CET1 ratio 12.33%; tangible common equity/tangible assets 9.9%; tangible book value per share up 10.1% YTD.
- Credit metrics improved: classified assets to capital 7.0%, net charge-offs 0.17%.