10-K · February 26, 2026
First Busey reported a material scale-up in 2025 driven by acquisitions and core banking growth: total revenue for 2025 was $1,044,000,000 (sum of quarters: $188M, $292M, $286M, $278M) versus $664,000,000 in 2024 (sum…
Earnings analysis · 10-Q
BUSE earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
First Busey Corporation's Q1 2026 results showed a strong earnings performance with EPS of $0.67, exceeding expectations of $0.58. However, revenue of $196.2 million slightly missed estimates by 0.5%. Despite the…
Read full summary
First Busey Corporation's Q1 2026 results showed a strong earnings performance with EPS of $0.67, exceeding expectations of $0.58. However, revenue of $196.2 million slightly missed estimates by 0.5%. Despite the revenue shortfall, sequential revenue growth from the previous quarter reflects operational momentum.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.67
- Operating margin
- 27.1%
What stood out
-
EPS Beats Expectations
EPS reported at $0.67, exceeding the estimate of $0.58 by 15.5%.
-
Sequential Revenue Growth
Q1 2026 revenue of $196.2 million represents a sequential increase from $188 million in Q4 2025.
-
Improved Operating Margin
Operating margin improved to 27.1% in Q1 2026, up from 22.4% in Q4 2025.
-
Increased Cash Reserves
Unencumbered cash and securities increased to $1.87 billion, up from $1.80 billion at year-end 2025.
-
Significant Adjusted EPS Growth
Adjusted diluted EPS increased to $0.67 from $0.57 year-over-year.
-
Strengthened Capital Ratios
Common equity Tier 1 capital ratio remains strong at 12.31%, well above the regulatory minimum.
What to watch
-
Revenue Misses Expectations
Revenue of $196.2 million fell short of the expected $197.1 million, signaling potential growth concerns.
-
Inconsistent Operating Margins
Operating margin decreased to 27.1% from 27.9% in Q4 2025, raising concerns over sustainability.
-
Personnel Cost Increases
Management highlighted concerns about rising personnel costs, impacting profitability.
Management's outlook
Management anticipates continued operational momentum, but no specific numeric guidance provided.
Earlier filings 4
10-Q · November 6, 2025
Busey reported a strong year-over-year quarterly performance: net income for the three months ended September 30, 2025 was $57.098 million versus $32.004 million a year ago, and diluted EPS was $0.58 (Q3 2024: $0.55).…
10-Q · August 5, 2025
Busey reported quarterly revenue of $198,046,000 and diluted EPS of $0.52 for the three months ended June 30, 2025, driven by higher net interest income and acquisition-related balance sheet growth. Revenue rose sharply…
10-Q · November 2, 2023
First Busey reported Q3 2023 diluted EPS of $0.54 (down from $0.64 a year ago) and total quarter revenue of $108,799 thousand (net interest income $77,791k + noninterest income $31,008k), a decline versus Q3 2022.…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.