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	466.63	426.42	385.85	287.48	252.1	284.96
Interest Income on Investments	98.05	97.26	94.7	72.7	46.7	41.64
Total Interest Income	564.68	523.68	480.54	360.18	298.8	326.6
Interest Paid on Deposits	191.81	178.46	123.99	16.11	12.58	30.69
Interest Paid on Borrowings	22.38	22.61	35.94	20.44	15.52	12.97
Total Interest Expense	214.19	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)	12.84%	0.62%	-0.93%	19.55%	-4.32%	-1.49%
Trust Income	65.45	63.63	57.31	55.38	53.09	42.93
Mortgage Banking Activities	1.66	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	74.13	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)	1.38%	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	175.83	167.14	153.08	147.93	129.63	117.11
Occupancy Expenses	16.9	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	57.88	55.58	45.86	46.18	39.27	40.4
Other Non-Interest Expense	45.38	42.82	50.19	52.77	42.83	38.36
Total Non-Interest Expense	313.88	298.27	281.77	279.69	244.43	223.49
EBT Excluding Unusual Items	116.6	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