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First Busey FY26 Q1 net income drops to $50 million; net interest margin widens to 3.77%

PUBT·04/28/2026 21:07:05
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First Busey FY26 Q1 net income drops to $50 million; net interest margin widens to 3.77%
  • First Busey posted first-quarter net income of USD 50 million, with diluted EPS of USD 0.52.
  • Total interest income slipped to USD 225.49 million, while net interest margin widened 6 basis points from fourth-quarter 2025 to 3.77%.
  • Noninterest expense increased to USD 129.52 million, driven by elevated salaries and benefits tied to CrossFirst synergy actions and the previously announced departure of Michael J. Maddox.
  • Wealth management fees rose to a record USD 19.37 million, with assets under care steady at USD 15.65 billion.
  • Management said pipelines are building, with robust capital and ample liquidity positioning Busey to drive value amid a volatile macro environment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Busey Corporation published the original content used to generate this news brief on April 28, 2026, and is solely responsible for the information contained therein.