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First Busey Q3 Net Income Falls to $55.8 Million

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First Busey Corporation (BUSE) reported third-quarter 2026 net income of $55.8 million, or $0.61 per diluted common share, compared with $63.2 million, or $0.69 per diluted common share, in the second quarter.

Net interest income rose to $153.1 million from $152.4 million in the prior quarter, while provision for credit losses increased to $9.6 million from $2.2 million.

  • Total noninterest income was $40.4 million, down 8.8% from the second quarter.
  • Total deposits increased to $15.54 billion as of September 30, 2026, from $15.13 billion at June 30.
  • Net interest margin was 3.58%, compared with 3.72% in the prior quarter.
  • Busey repurchased 1.97 million common shares for $59.6 million during the quarter.
  • Non-performing assets were $83.6 million, or 0.45% of total assets, at quarter-end.
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