Recent Updates — BUSEP
First Busey Corporation reported second quarter 2026 net income of $63.2 million, or $0.69 diluted EPS, compared to $47.4 million, or $0.52 diluted EPS, in the prior year period. Adjusted diluted EPS was $0.69, up 9.5% year-over-year. The company achieved an adjusted return on average assets of 1.43% and an adjusted return on average tangible common equity of 14.61%. Net interest margin was 3.72%, and the efficiency ratio improved to 54.0%. Total deposits grew 2.7% quarter-over-quarter to $15.1 billion, while total loans declined to $13.2 billion. The Common Equity Tier 1 ratio rose to 12.53%. The company operates in the banking and financial services industry.
First Busey Corporation declared a quarterly cash dividend of $0.26 per share, payable on July 31, 2026, to stockholders of record as of July 24, 2026. The company also entered into a letter agreement with CEO Van A. Dukeman to extend his term through July 1, 2029, which includes a one-time retention RSU award of $2,067,749.88. First Busey Corporation is a financial services company providing banking and wealth management services.