LEAWOOD, Kan., July 22, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation (Nasdaq: BUSE) Announces 2025 Second Quarter Earnings. Net Income Diluted EPS Net Interest Margin1 ROAA1 ROATCE1$47.4 million $0.52 3.49% 1.00% 11.24%$57.4 million (adj)2 $0.63 (adj)2 <td style="te ...

Core Points - WesBanco, Inc. will host a conference call on July 30, 2025, to review its financial results for the second quarter of 2025, with results expected to be released after market close on July 29, 2025 [1] - The conference call can be accessed via a live webcast on the company's website or by dialing specific numbers for participants [2] - A replay of the conference call will be available starting July 30, 2025, and will last until August 13, 2025, with access codes provided for participants [3] Company Overview - WesBanco, Inc. has over 150 years of experience as a community-focused regional financial services provider, offering a range of banking solutions, trust, brokerage, wealth management, and insurance services [4] - The company is headquartered in Wheeling, West Virginia, and has total assets of $27.4 billion, with $7.0 billion in assets under management in its Trust and Investment Services [4] - Securities account values, including annuities, amount to $2.4 billion through its broker/dealer as of March 31, 2025 [4]

Core Insights - WesBanco, Inc. has appointed George Petroplus as the Morgantown Market President and Senior Commercial Banker, effective immediately, succeeding Nick Taylor who has been promoted to lead Business Banking [1][2] Company Overview - WesBanco, Inc. is a diversified, multi-state bank holding company with over 150 years of experience in community-focused financial services [5] - The company has total assets of $27.4 billion, with Trust and Investment Services holding $7.0 billion in assets under management and securities account values of $2.4 billion as of March 31, 2025 [5] Leadership and Strategy - George Petroplus will lead the growth strategy for the Morgantown market, focusing on maximizing opportunities to serve client needs and enhancing community engagement [2][4] - Petroplus has been with WesBanco since 2019, previously serving as a Commercial Banker and has experience in Credit Analysis and Portfolio Management [3] Community Engagement - The new Market President emphasizes the importance of community involvement and aims to support local initiatives through his leadership [2][4] - Petroplus is actively involved in the community, serving on the Board of Directors for the United Way Monongalia and Preston Counties and the Mylan Park Foundation [3]

Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Group 2: Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [2] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Group 3: Value Score - The Value Score identifies attractive and discounted stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [3] Group 4: Growth Score - The Growth Score evaluates stocks based on projected and historical earnings, sales, and cash flow, targeting growth investors interested in sustainable long-term growth [4] Group 5: Momentum Score - The Momentum Score assists investors in capitalizing on price trends by analyzing one-week price changes and monthly earnings estimate changes [5] Group 6: VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Group 7: Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] Group 8: Stock Analysis - First Horizon National (FHN) - First Horizon Corporation, based in Memphis, TN, offers diversified financial services through its subsidiary First Horizon Bank, including regional banking, mortgage lending, and wealth management [11] - FHN holds a 3 (Hold) Zacks Rank with a VGM Score of B, and a Momentum Style Score of B, having increased by 11.7% over the past four weeks [12] - Analysts have revised FHN's earnings estimate higher for fiscal 2025, with the Zacks Consensus Estimate rising by $0.04 to $1.71 per share, and an average earnings surprise of 6.5% [12]

Core Viewpoint - First Busey Corporation successfully closed a public offering of 8,600,000 depositary shares, raising approximately $207.48 million, which will enhance its capital structure and support future growth initiatives [1]. Group 1: Offering Details - The public offering included 8,600,000 depositary shares, with each share representing a 1/40th ownership interest in a share of 8.25% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock [1]. - The liquidation preference for each share is $1,000, equivalent to $25.00 per depositary share [1]. - The offering was managed by Piper Sandler & Co., Morgan Stanley & Co. LLC, and Keefe, Bruyette & Woods, Inc. as joint bookrunning managers [2]. Group 2: Financial Profile - As of March 31, 2025, First Busey Corporation had total assets of $19.46 billion [4]. - Busey Bank, a wholly-owned subsidiary, reported total assets of $11.98 billion [5]. - CrossFirst Bank, another subsidiary, had total assets of $7.45 billion and is set to merge with Busey Bank on June 20, 2025 [6]. Group 3: Wealth Management and Technology Services - Busey Bank's Wealth Management division manages assets totaling $13.68 billion, offering a range of services including asset management and tax preparation [7]. - FirsTech, a subsidiary of Busey Bank, specializes in financial technology solutions for small and medium-sized businesses, providing various payment technology services [8]. Group 4: Recognition and Awards - Busey was ranked 88th among America's Best Banks by Forbes in 2025 and received multiple accolades for being a great workplace [9].