First Busey(US:BUSE) ZACKS·2025-04-23 00:00Core Insights - First Busey (BUSE) reported revenue of $124.95 million for Q1 2025, a year-over-year increase of 12.8%, with EPS of $0.57 compared to $0.47 a year ago, indicating a positive earnings surprise of +7.55% against the consensus estimate of $0.53 [1][2] Financial Performance - Revenue of $124.95 million represents a surprise of -9.55% compared to the Zacks Consensus Estimate of $138.14 million [1] - The efficiency ratio was reported at 79.4%, significantly higher than the three-analyst average estimate of 62.6% [4] - Net interest margin stood at 3.2%, slightly above the 3.1% average estimate based on three analysts [4] - Non-performing loans totaled $54.72 million, exceeding the average estimate of $34.20 million from two analysts [4] - Average balances of interest-earning assets were $13.36 billion, surpassing the estimate of $13.16 billion [4] - Total noninterest income was reported at $21.22 million, well below the average estimate of $36.56 million [4] - Mortgage revenue was $0.33 million, compared to the average estimate of $0.43 million [4] - Customer service fees amounted to $8.13 million, slightly below the average estimate of $8.48 million [4] - Net interest income reached $103.73 million, exceeding the average estimate of $101.60 million [4] - Payment technology solutions revenue was $5.07 million, compared to the average estimate of $5.30 million [4] - Tax-equivalent net interest income was $104.27 million, above the average estimate of $101.22 million [4] - Wealth management fees were reported at $17.36 million, slightly below the average estimate of $17.41 million [4] Stock Performance - Shares of First Busey have returned -11.3% over the past month, compared to the Zacks S&P 500 composite's -8.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]