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Stock impact report

First Busey Announces 2022 Fourth Quarter Earnings

First Busey Corporation (BUSE) 
Last first busey corporation earnings: 4/28 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.busey.com
Company Research Source: GlobeNewswire
CHAMPAIGN, Ill., Jan. 24, 2023 (GLOBE NEWSWIRE) -- First Busey Corporation (Nasdaq: BUSE) Message from our Chairman & CEO Fourth Quarter 2022 Highlights: Adjusted quarterly net income1 of $36.3 million and adjusted diluted EPS1 of $0.65Net interest margin1 of 3.24% reflects a 24-basis point increase over prior quarterCore loan growth1 of $56.2 million, representing a 2.90% annualized growth rateNon-performing assets of 0.13% of total assets and allowance for credit losses of 582.01% of nonperforming loansFirsTech revenue2 of $5.4 million, representing 9.2% year-over-year growthAdjusted core efficiency ratio1 of 55.8%, compared to 57.6% in the fourth quarter of 2021, and 57.5% for the full year 2022For additional information, please refer to the 4Q22 Quarterly Earnings Supplement Fourth Quarter Financial ResultsNet income for First Busey Corporation (“First Busey” or the “Company”) for the fourth quarter of 2022 was $34.4 mi Show less Read more
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