29 Recorded InvestmentAverage Recorded Investment With No AllowanceWith Allowance TotalRelated Allowance Loans evaluated individually Commercial loans: C&I and other commercial $ 7,283 $ 585 $ 1,785 $ 2,370 $ 785 $ 5,244 Commercial real estate 2,600 610 85 695 85 3,865 Real estate construction — — — — — 49 Commercial loans evaluated individually 9,883 1,195 1,870 3,065 870 9,158 Management estimates the ACL balance using relevant available information from internal and external sources, relating to past eve ...

First Busey (BUSE) reported $110.77 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 5.9%. EPS of $0.47 for the same period compares to $0.65 a year ago.The reported revenue represents a surprise of +1.57% over the Zacks Consensus Estimate of $109.06 million. With the consensus EPS estimate being $0.49, the EPS surprise was -4.08%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

First Busey (BUSE) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.08%. A quarter ago, it was expected that this bank holding company would post earnings of $0.49 per share when it actually produced earnings of $0.52, delivering a surprise of 6.12%.Over the last four quarters, the ...

| --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------|-------|-------|----------------|-------|----------------------------------------|-------|----------------| | | | | March 31, 2024 | | Three Months Ended \nDecember 31, 2023 | | March 31, 2023 | | PRE-PROVISION NET REVENUE | | | | | | | | | Net interest income | | $ | 75,767 | $ | 77,133 | $ | 85,857 | | Total noninterest income | | | 35,000 | | 31,516 | | 31,848 | | Net security (gains) losses | | ...

CHAMPAIGN, Ill., April 23, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE)   Net Income of $26.2 millionDiluted EPS of $0.46   FIRST QUARTER 2024 HIGHLIGHTS Adjusted net income1 of $26.5 million, or $0.47 per diluted common shareNet interest margin1 increased by 5 basis points during the first quarter of 2024 to 2.79%Executed a two-part balance sheet repositioning expected to be both capital and earnings accretiveAdjusted noninterest income1 of $33.9 million, or 30.9% of operating revenue2Rec ...

First Busey Corporation (BUSE) announced that it completed the acquisition of Merchants and Manufacturers Bank Corporation (“M&M’’). BUSE entered the agreement in November 2023 in an effort to fortify its growing presence in the Chicago suburban market by expanding its deposit market share in DuPage and Will counties. Additionally, the merger will help the company strengthen its commercial banking and wealth management businesses in the coming years.  Merchants and Manufacturers Bank is a locally-owned comm ...

Table of Content UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-15950 FIRST BUSEY CORPORATION (Exact name of registrant as specified in its charter) Nevada 37-1078406 (State or other jurisdiction of incorporation of organization) ...

For the quarter ended December 2023, First Busey (BUSE) reported revenue of $108.65 million, down 9.6% over the same period last year. EPS came in at $0.52, compared to $0.65 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $107.74 million, representing a surprise of +0.85%. The company delivered an EPS surprise of +6.12%, with the consensus EPS estimate being $0.49.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

First Busey (BUSE) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.12%. A quarter ago, it was expected that this bank holding company would post earnings of $0.51 per share when it actually produced earnings of $0.55, delivering a surprise of 7.84%.Over the last four quarters, the c ...

CHAMPAIGN, Ill., Jan. 23, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) Net Income of $25.7 millionDiluted EPS of $0.46 Fourth Quarter 2023 Highlights Adjusted net income1 at $29.1 million, or $0.52 per diluted common shareEntered into a definitive agreement to acquire Merchants & Manufacturers Bank Corporation ("M&M"), the holding company for Merchants & Manufacturers Bank ("M&M Bank")Executed a two-part balance sheet repositioning related to the securities portfolio, expected to be both c ...