FIRST BUSEY CORP /NV/ (BUSE) Form 8-K — Oct 27, 2026
First Busey reported Q3 2026 net income of $55.8 million, or $0.61 per diluted share ($0.63 adjusted), down from $0.69 adjusted in Q2 but up from $0.58 GAAP a year ago. The sequential decline was driven by a single $38 million commercial relationship in the Central region that moved to nonaccrual, triggering a $10.0 million charge-off and pushing provision expense to $9.6 million from $2.2 million in Q2. Underlying trends remained solid: operating revenue held at $194.3 million, deposits grew at an 11% annualized pace, wealth AUC reached $16.7 billion (up 12% YoY), and CET1 rose to 12.5% despite $59.6 million of buybacks in the quarter.
Key figures
- Eps
- 0.61
- Eps Beat
- 0
- Revenue
- 194250000
- Net Income
- 55845000
- Total Debt
- 302214000
- Total Assets
- 18558606000
- Cash Position
- 883053000
- Shares Outstanding
- 81276654
- Roaa
- 1.20%
- Cet1 ratio
- 12.47%
- Market cap
- 2500000000
- Total loans
- 12822489000
- Adjusted nim
- 3.46%
- Npa to assets
- 0.45%
- Dividend yield
- 3.4%
- Total deposits
- 15537566000
- Adjusted roatce
- 13.25%
- Efficiency ratio
- 54.41%
- Adjusted net income
- 57198000
- Net interest margin
- 3.58%
- Adjusted diluted eps
- 0.63
- Avg repurchase price
- 30.21
- Share repurchases q3
- 59600000
- Loan to deposit ratio
- 82.5%
- Share repurchases ytd
- 188400000
- Shares repurchased q3
- 1972900
- Prior quarter provision
- 2189000
- Single credit charge off
- 10000000
- Wealth assets under care
- 16720000000
- Common dividend per share
- 0.26
- Provision for credit losses
- 9642000
- Shares remaining repurchase
- 1925875
- Tangible book value per share
- 19.37
- Specific reserve single credit
- 17800000
- Guidance 4q26 adjusted noninterest expense
- $113-$114 million
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