First Busey Corporation (BUSE)

First Busey Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	-	426.42	385.85	287.48	252.1	284.96
Interest Income on Investments	-	97.26	94.7	72.7	46.7	41.64
Total Interest Income	-	523.68	480.54	360.18	298.8	326.6
Interest Paid on Deposits	-	178.46	123.99	16.11	12.58	30.69
Interest Paid on Borrowings	-	22.61	35.94	20.44	15.52	12.97
Total Interest Expense	-	201.07	159.92	36.55	28.1	43.66
Net Interest Income	350.49	322.61	320.62	323.63	270.7	282.94
Net Interest Income Growth (YoY)	13.29%	0.62%	-0.93%	19.55%	-4.32%	-1.49%
Trust Income	63.63	63.63	57.31	55.38	53.09	42.93
Mortgage Banking Activities	2.08	2.08	1.09	1.9	7.24	13.04
Gain (Loss) on Sale of Assets	0.26	7.72	-	-	-	-
Gain (Loss) on Sale of Investments	-15.5	-6.1	-2.2	-2.13	3.07	1.33
Other Non-Interest Income	75.52	72.36	65.02	71.47	69.41	60.97
Total Non-Interest Income	125.99	139.68	121.21	126.61	132.8	118.27
Non-Interest Income Growth (YoY)	0.36%	15.24%	-4.26%	-4.66%	12.29%	1.59%
Revenues Before Loan Losses	476.48	462.29	441.84	450.24	403.5	401.2
Provision for Loan Losses	46	8.59	2.4	4.62	-15.1	38.8
Revenue	430.48	453.7	439.44	445.62	418.6	362.4
Revenue Growth (YoY)	0.48%	3.25%	-1.39%	6.45%	15.51%	-7.84%
Salaries and Employee Benefits	192.61	167.14	153.08	147.93	129.63	117.11
Occupancy Expenses	17.32	16.24	15.73	16.25	18.35	17.61
Federal Deposit Insurance	6.37	5.6	5.65	4.06	3.08	-
Amortization of Goodwill & Intangibles	10.73	10.06	10.43	11.63	11.27	10.01
Selling, General & Administrative	65.79	55.58	45.86	46.18	39.27	40.4
Other Non-Interest Expense	49.02	42.82	50.19	52.77	42.83	38.36
Total Non-Interest Expense	342.67	298.27	281.77	279.69	244.43	223.49
EBT Excluding Unusual Items	87.8	155.43	157.66	165.93	174.17	138.92
Pretax Income	85.68	153.3	153.9	161.74	156.82	128.21
Income Tax Expense	28.2	39.61	31.34	33.43	33.37	27.86
Net Income	57.48	113.69	122.57	128.31	123.45	100.34
Net Income to Common	57.48	113.69	122.57	128.31	123.45	100.34
Net Income Growth	-48.68%	-7.24%	-4.48%	3.94%	23.03%	-2.53%
Basic Shares Outstanding	60	57	55	55	55	55
Diluted Shares Outstanding	61	58	56	56	56	55
Shares Change (YoY)	7.56%	2.29%	0.21%	0.23%	2.16%	-0.55%
EPS (Basic)	0.96	2.01	2.21	2.32	2.23	1.84
EPS (Diluted)	0.95	1.98	2.18	2.29	2.20	1.83
EPS Growth	-52.02%	-9.17%	-4.80%	4.09%	20.22%	-2.14%
Dividend Per Share	0.970	0.960	0.960	0.920	0.920	0.880
Dividend Growth	1.04%	-	4.35%	-	4.54%	4.76%
Effective Tax Rate	32.91%	25.84%	20.36%	20.67%	21.28%	21.73%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q