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Stock impact report

First Busey Corporation Announces 2024 First Quarter Earnings [Yahoo! Finance]

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: Yahoo! Finance
FIRST QUARTER HIGHLIGHTS Adjusted net income of $26.5 million, or $0.47 per diluted common share Net interest margin increased by 5 basis points during the first quarter of 2024 to 2.79% Executed a two-part balance sheet repositioning expected to be both capital and earnings accretive Adjusted noninterest income of $33.9 million, or 30.9% of operating revenue Record high revenue for FirsTech during the first quarter of 2024, and second-best quarter in Wealth Management division history Received regulatory and shareholder approvals needed to finalize the acquisition of Merchants & Manufacturers Bank Corporation and its wholly owned subsidiary Merchants & Manufacturers Bank, which was completed on April 1, 2024 Tangible book value per common share of $16.84 at March 31, 2024, compared to $16.62 at December 31, 2023, and $15.14 at March 31, 2023, a year-over-year increase of 11.2% Tangible common equity increased to 8.12% of tangible assets at March 31, 2024, compared to Show less Read more
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