secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BUSEY CORP /NV/ (BUSE)
CIK:        0000314489
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0000314489-25-000308
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Busey Q3 GAAP EPS $0.58, adjusted $0.64; NIM 3.58%, deposit costs fall
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314489/000031448925000308/0000314489-25-000308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314489/000031448925000308/buse-20251028.htm
  HTML page:      https://secwatch.observer/filing/0000314489-25-000308

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer