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FIRST BUSEY CORP NV (BUSE)

For the quarter ending 2025-06-30, BUSE made $292,309K in revenue. $47,249K in net income. Net profit margin of 16.16%.

Overview

Revenue
$292,309K
Net Income
$47,249K
Net Profit Margin
16.16%
EPS
$0.52
Unit: Thousand (K) dollars
Revenue Breakdown
    • Interest and fees on loans
    • Taxable interest income
    • Noninterest income-Asset Managem...
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2024-09-30
2024-06-30
Noninterest income-Card Services And ATMFees4,880 - -
Noninterest income-Technology Service4,956 - -
Noninterest income-Asset Management116,777 - -
Noninterest income-Treasury Management Services4,981 - -
Noninterest income-Other Service Charges On Deposit Accounts1,513 - -
Other noninterest income3,238 4,792 2,327
Mortgage revenue776 355 478
Unrealized net gains (losses) recognized on equity securities5,996 833 -349
Realized net gains (losses) on securities1 -11 -4
Income on bank owned life insurance1,745 1,189 1,442
Realized net gains (losses) on the sale of mortgage servicing rights- -18 277
Noninterest income- 28,811 29,630
Total noninterest income44,863 35,951 -
Data processing- - 7,100
Professional fees2,874 3,118 2,495
Other noninterest expense14,024 9,712 10,357
Net occupancy expense of premises7,832 4,633 4,590
Salaries, wages, and employee benefits78,360 44,593 43,478
Data processing14,021 6,910 -
Fdic insurance2,424 1,413 1,460
Furniture and equipment expenses2,409 1,647 1,695
Amortization of intangible assets4,592 2,548 2,629
Interchange expense1,297 1,352 1,733
Total noninterest expense127,833 75,926 75,537
Provision for credit losses5,700 2 2,277
Total interest expense- - 49,407
Subordinated notes2,599 3,181 3,177
Short-term borrowings496 26 418
Federal funds purchased and securities sold under agreements to repurchase886 981 1,040
Long-term debt743 - 4
Junior subordinated debt owed to unconsolidated trusts1,392 1,137 1,059
Deposits88,147 46,634 43,709
Total interest expense94,263 51,959 -
Dividend income on bank stock543 - -
Non-taxable interest income1,640 283 295
Taxable interest income23,393 17,789 18,878
Other interest income7,461 5,092 3,027
Interest and fees on loans214,409 111,336 109,641
Total interest income247,446 134,500 131,841
Net interest income153,183 82,541 82,434
Net interest income after provision for credit losses147,483 82,539 80,157
Total noninterest income- - 33,801
Income before income taxes64,513 42,564 38,421
Income taxes17,109 10,560 11,064
Net income47,404 32,004 27,357
Dividends on preferred stock155 - -
Net income available to common stockholders47,249 32,004 27,357
Basic earnings per common share (in dollars per share)0.53 0.56 0.48
Diluted earnings per common share (in dollars per share)0.52 0.55 0.47
Weighted average number of common shares outstanding, basic (in shares)89,645,040 57,033,359 56,919,025
Weighted average number of common shares outstanding, diluted (in shares)90,883,711 57,967,848 57,853,231
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Interest and fees on loans$214,409K (95.56%↑ Y/Y)Other interest income$7,461K (146.48%↑ Y/Y)Taxable interest income$23,393K (23.92%↑ Y/Y)Non-taxable interest income$1,640K (455.93%↑ Y/Y)Dividend income on bankstock$543K Total interest income$247,446K (87.69%↑ Y/Y)Net interest income$153,183K (85.83%↑ Y/Y)Income on bank ownedlife insurance$1,745K (21.01%↑ Y/Y)Realized net gains(losses) on securities$1K (125.00%↑ Y/Y)Unrealized net gains(losses) recognized on...$5,996K (1818.05%↑ Y/Y)Mortgage revenue$776K (62.34%↑ Y/Y)Other noninterestincome$3,238K (39.15%↑ Y/Y)Noninterest income-OtherService Charges On...$1,513K Noninterestincome-Treasury Management...$4,981K Noninterest income-AssetManagement1$16,777K Noninterestincome-Technology Service$4,956K Noninterest income-CardServices And ATMFees$4,880K Total interestexpense$94,263K Net interest incomeafter provision for...$147,483K (83.99%↑ Y/Y)Total noninterestincome$44,863K Provision for creditlosses$5,700K (150.33%↑ Y/Y)Deposits$88,147K (101.67%↑ Y/Y)Junior subordinateddebt owed to...$1,392K (31.44%↑ Y/Y)Long-term debt$743K (18475.00%↑ Y/Y)Federal funds purchasedand securities sold...$886K (-14.81%↓ Y/Y)Short-term borrowings$496K (18.66%↑ Y/Y)Subordinated notes$2,599K (-18.19%↓ Y/Y)Income before incometaxes$64,513K (67.91%↑ Y/Y)Total noninterestexpense$127,833K (69.23%↑ Y/Y)Net income$47,404K (73.28%↑ Y/Y)Income taxes$17,109K (54.64%↑ Y/Y)Interchange expense$1,297K (-25.16%↓ Y/Y)Amortization of intangibleassets$4,592K (74.67%↑ Y/Y)Furniture and equipmentexpenses$2,409K (42.12%↑ Y/Y)Fdic insurance$2,424K (66.03%↑ Y/Y)Data processing$14,021K Salaries, wages, andemployee benefits$78,360K (80.23%↑ Y/Y)Net occupancyexpense of premises$7,832K (70.63%↑ Y/Y)Other noninterestexpense$14,024K (35.41%↑ Y/Y)Professional fees$2,874K (15.19%↑ Y/Y)Net incomeavailable to common...$47,249K Dividends on preferredstock$155K