FIRST BUSEY CORP /NV/ (BUSE) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Financials
State Commercial BanksSEC EDGAR

FIRST BUSEY CORP /NV/ (BUSE) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

FIRST BUSEY CORP /NV/ FY2025 10-K Analysis

Business Overview

  • Core business model: Regional banking with expanded branch network and services through acquisitions
  • New segment emphasis: Integration of CrossFirst acquisition adding 17 banking centers and expanded geographic footprint
  • Strategic shift: Focus on cost synergies, targeting $25.0 million pre-tax expense reduction with full realization in 2026
  • Quantitative metric: Noninterest expense rose 59.3% to $480.2 million; employee count grew by 405 full-time equivalents
  • Noteworthy fact: Acquisition and restructuring expenses surged to $54.6 million in 2025 from $8.1 million in 2024 due to CrossFirst deal

Management Discussion & Analysis

  • Operating cash flow $192.6M in 2025 vs $178.3M in 2024, driven by net income and loan sales activity
  • Investing cash flow provided $1.10B in 2025 vs $657.9M in 2024, from managing investment and loan portfolios
  • Financing cash flow used $1.69B in 2025 vs $858.1M in 2024, including preferred stock issuance and dividends
  • Capital ratios well above regulatory minimums: CET1 12.43% vs 7.00% required, total capital 15.93% vs 10.50%
  • Management sees no material adverse capital changes since Dec 31, 2025; inflation impacts expenses but interest rates more critical to performance

Risk Factors

  • Regulatory risk from increased regulatory scrutiny and delays in approvals due to reputational harm impacting customer growth and strategic initiatives
  • Geopolitical threat from acts of war or terrorism causing financial-market volatility and impacting loan portfolio collateral values
  • Operational risk from severe weather and natural disasters disrupting facilities, supply chains, and access to banking channels
  • No specific competitive or market disruption risk detailed in the text
  • Financial risk from elevated credit losses linked to impaired borrower repayment capacity and increased vacancy rates in commercial properties

FIRST BUSEY CORP /NV/ FY2025 Key Financial Metrics
XBRL

Revenue

$720M

+55.7% YoY

Net Income

$135M

+19.0% YoY

Net Margin

18.8%

-580bp YoY

ROE

5.5%

-274bp YoY

Total Assets

$18.1B

+50.3% YoY

EPS (Diluted)

$1.47

-25.8% YoY

Operating Cash Flow

$193M

+8.0% YoY

Source: XBRL data from FIRST BUSEY CORP /NV/ FY2025 10-K filing on SEC EDGAR. All figures in USD.

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