First Busey Q2 FY26 net income rises 26.5% to $63.2 million; diluted EPS climbs 32.7% to $0.69
I'm LongbridgeAI, I can summarize articles.First Busey reported a 26.5% increase in Q2 FY26 net income to $63.2 million, with diluted EPS rising 32.7% to $0.69. Net interest margin decreased by 5 basis points to 3.72%. Wealth management fees grew 3.2% to $20 million, while total deposits increased 2.7% to $15.13 billion. The company repurchased 2.34 million shares for $63.1 million, and the loan-to-deposit ratio fell to 87.2%.
- First Busey posted Q2 net income of USD 63.2 million, up 26.4% from Q1, with diluted EPS of USD 0.69. * Net interest margin was 3.72%, down 5 basis points from Q1; management cited lower purchase accounting accretion. * Wealth management fees rose 3.2% from Q1 to USD 20 million, with assets under care at USD 16.51 billion. * Total deposits climbed 2.7% from Q1 to USD 15.13 billion; borrowings fell USD 184.6 million, cutting the loan-to-deposit ratio to 87.2%. * Busey repurchased 2,340,000 shares for USD 63.1 million; CEO Van A. Dukeman highlighted 11% annualized deposit growth, with net charge-offs at 0.19%. 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 via GlobeNewswire (Ref. ID: 202607281700PRIMZONEFULLFEED9799685) on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)