First Busey Corporation (BUSE) Q3 FY2026 earnings

Reported results

• GAAP net income was $55.8 million, or $0.61 per diluted common share, for the third quarter of 2026, compared to $63.2 million, or $0.69 per diluted common share, for the second quarter of 2026.
• Non-GAAP adjusted net income was $57.2 million, or $0.63 per diluted common share, for the third quarter of 2026.
• GAAP net interest income was $153.1 million for the third quarter of 2026, compared to $152.4 million for the second quarter of 2026.
• Non-GAAP operating revenue was $194.3 million for the third quarter of 2026.
• Non-GAAP efficiency ratio was 54.4% for the third quarter of 2026.
• GAAP provision for credit losses was $9.6 million for the third quarter of 2026, compared to $2.2 million in the second quarter of 2026.

Guidance

• A +100 basis point parallel rate shock is expected to increase net interest income by 1.5% (relative to a current base rate scenario) over the subsequent twelve-month period.
• Cash flows from the securities portfolio are expected to be approximately $89.6 million for the remainder of 2026, with a current book yield of 3.40%.

Notes

Beginning in 2026, Busey revised its calculations for adjusted noninterest expense, return on average tangible common equity, and adjusted return on average tangible common equity across all presented periods to eliminate adjustments for/effects of intangible asset amortization.

Price and volatility reaction

The stock moved -3.1% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +49.5 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-27 (8-K, Item 2.02). Read the original filing on sec.gov.