First Busey Corporation Q3 2025 Earnings Release

First Busey Corporation reported its financial results for the third quarter of 2025, with net income of $57.1 million, or $0.58 per diluted share. The company's net interest margin improved to 3.58%, driven by a reduction in high-cost deposits. Adjusted net income, which excludes certain non-GAAP adjustments, was $62.5 million, or $0.64 per diluted share. The company also highlighted its strong capital position, with a Common Equity Tier 1 Capital ratio of 12.33%. Busey's asset quality remained robust, with non-performing assets representing 0.32% of total assets. The company continued to optimize its balance sheet and expects to complete this process by the end of the year.