First Busey Corporation · NASDAQ:BUSE
First Busey — Q3 2026 Earnings Presentation
26 slides from First Busey's earnings presentation, Oct 27, 2026
Slide 1: Q3 2026 Earnings Investor Presentation
Q3 2026 EARNINGS INVESTOR PRESENTATION October 27, 2026
Slide 2: Forward-Looking Statements
23Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Slide 3: Table of Contents
33Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Table of Contents Overview of First Busey Corporation (BUSE) 4 3Q26 Review 5 Earnings Performance 6 Investment Highlights 7 Strategically Configured Regional Operating Model 8 High Quality Loan Portfolio 9 Strong Credit Qual
Slide 4: Overview of First Busey Corporation
43Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Overview of First Busey Corporation (NASDAQ: BUSE) Holding company of a 158+ year old bank Corporate headquarters in Leawood, KS $18.6 Billion Total Assets 1 $16.7 Billion Wealth Assets Under Care 1 $2.5 Billion Market Cap 1
Slide 5: 3Q26 Review
53Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 1 Non-GAAP calculations, see Appendix 3Q26 Review Financial Results Metric 2Q26 3Q26 Adj. Diluted EPS 1 $0.69 $0.63 Adj. Net Income to Common S/H 1 $59 million $53 million Total Operating Revenue 1 $194 million $194 million
Slide 6: Earnings Performance
63Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE $13.05 $31.81 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 2026 Q3 $10 $20 $30 $57.4 $60.6 $58.6 $59.1 $52.6 $0.64 $0.68 $0.67 $0.69 $0.63 Adj. Net Income Avail. to Common S/H Adj. EPS 2025
Slide 7: Investment Highlights
73Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Attractive Profitability and Returns Disciplined Growth Strategy Driven by Regional Operating Model Balance Sheet Strength 1 Non-GAAP calculation, see Appendix | 2 3Q26 capital ratios are preliminary estimates | 3 Most recen
Slide 8: Strategically Configured Regional Operating Model
83Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Strategically Configured Regional Operating Model Focused on bringing the full breadth of commercial, wealth, and payments to provide a broad set of financial solutions to well-capitalized individuals and the companies they
Slide 9: High Quality Loan Portfolio
93Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Commercial & Industrial 30% Owner- Occupied CRE 11% Non-Owner- Occupied CRE 30% Real Estate Construction 8% Residential Real Estate 16% Other 5% 1 Capital is Busey Bank Tier 1 Capital (preliminary estimates) + Allowance for
Slide 10: Strong Credit Quality
103Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE ▪ Our conservative approach to credit risk management has resulted in a continued legacy of strong and stable credit quality ▪ Loans 90+ days past due and still accruing of $0.7 million at 9/30/26, or 0.01% of total loans,
Slide 11: Top Tier Core Deposit Franchise
113Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE $15,070 $14,906 $14,736 $15,129 $15,538 2.15% 1.91% 1.81% 1.80% 1.93% Total Deposits Total Cost of Deposits 2025 Q3 2025 Q4 2026 Q1 2026 Q2 2026 Q3 Noninterest- bearing 22.1% Interest-bearing 22.8% Savings & Money Market 39
Slide 12: Net Interest Margin
123Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE $155.1 $157.6 $154.0 $152.4 $153.1 $149.2 $152.4 $148.6 $148.2 $148.0 $5.9 $5.2 $5.4 $4.2 $5.2 Net Interest Income ex-PAA Purchase Accounting Accretion 2025 Q3 2025 Q4 2026 Q1 2026 Q2 2026 Q3 5.63% 5.63% 5.53% 5.47% 5.43% 2
Slide 13: Diversified and Significant Sources of Noninterest Income
133Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Payment Technology Solutions includes lockbox/ACH payment processing, merchant services, online payments, and other electronic payments Treasury Management Services includes commercial cash management services, wires, and o
Slide 14: Wealth Management
143Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE $17.4 $18.3 $19.5 $20.1 $20.0 $7.5 $8.5 $9.4 $9.9 $10.0 43.0% 46.6% 48.2% 49.0% 50.3% Revenue Pre-Tax Income ² Pre-Tax Profit Margin ² 2025 Q3 2025 Q4 2026 Q1 2026 Q2 2026 Q3 $14,959 $15,657 $15,647 $16,506 $16,720 2025 Q3
Slide 15: Wealth Management: Comprehensive and Integrated Core Capabilities
153Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Wealth Management Comprehensive and Integrated Core Capabilities to Serve Personal and Institutional Clients Firm continuity may depend heavily on the investment expertise of a few key professionals Variety of solutions lik
Slide 16: Focused Control on Expenses
163Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 60.2% 61.8% 58.7% 55.3% 54.8% 55.0% 54.8% 54.0% 54.4% 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 2026 Q2 2026 Q3 $ in millions 2025 Q3 2025 Q4 2026 Q1 2026 Q2 2026 Q3 Noninterest Expense $120.0 $120.3 $129.5 $1
Slide 17: Robust Capital Foundation
173Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 39% 37% 39% 37% 41% 63% 86% 151% 144% 155% Dividend Payout Ratio Payout Ratio with Dividends & Share Repurchases 2025 Q3 2025 Q4 2026 Q1 2026 Q2 2026 Q3 —% 50% 100% 150% $1,908 $1,920 $1,880 $1,859 $1,836 12.3% 12.4% 12.3%
Slide 18: Appendix
Appendix Busey FIRST BUSEY CORPORATION
Slide 19: Seasoned Leadership Team
193Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Seasoned Leadership Team Has served as Chairman & CEO of First Busey since 2007 and became Chairman of the Board effective July 2020. Offers 40 years of diverse financial services experience and extensive board involvement
Slide 20: Purchase Accounting Projections
203Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Estimated accretion schedule of loan discounts based on anticipated cash flow. These projections include remaining purchase accounting impact from all prior M&A transactions. Purchase Accounting Projections ($ in thousands)
Slide 21: Non-GAAP Financial Information
213Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Non-GAAP Financial Information This presentation contains certain financial information determined by methods other than U.S. Generally Accepted Accounting Principles (“GAAP”). Management uses these non- GAAP measures, toge
Slide 22: Adjusted Net Income and Adjusted Diluted EPS
223Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Non-GAAP Financial Information (Unaudited) Calculation of Adjusted Net Income and Adjusted Diluted Earnings Per Common Share Three Months Ended Nine Months Ended (dollars in thousands, except per share amounts) September 30
Slide 23: Return on Average Assets and Tangible Common Equity
233Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Non-GAAP Financial Information (Unaudited) ___________________________________________ 1. Tax effects were calculated using income tax rates of 25.0% and 26.6% for the nine months ended September 30, 2026 and 2025, respecti
Slide 24: Net Interest Margin and Adjusted Net Interest Margin
243Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Non-GAAP Financial Information (Unaudited) Calculation of Net Interest Margin and Adjusted Net Interest Margin Three Months Ended Nine Months Ended (dollars in thousands) September 30, 2026 June 30, 2026 September 30, 2025
Slide 25: Non-GAAP Financial Information Notes
253Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Non-GAAP Financial Information (Unaudited) ___________________________________________ 1. Tax-equivalent adjustments were calculated using an estimated federal income tax rate of 21%, applied to non-taxable interest income
Slide 26: Tangible Common Equity and Related Measures
263Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE Non-GAAP Financial Information (Unaudited) Calculation of Tangible Common Equity, and Related Measures and Ratio As of (dollars in thousands, except per share amounts) September 30, 2026 June 30, 2026 September 30, 2025 Tot