Regional banking company First Busey (NASDAQ:BUSE) reported Q2 CY2025 results topping the market’s revenue expectations , with sales up 70.4% year on year to $198 million. Its GAAP profit of $0.52 per share was 15% below analysts’ consensus estimates.
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Net Interest Income: $153.2 million vs analyst estimates of $152.9 million (85.8% year-on-year growth, in line)
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Net Interest Margin: 3.5% vs analyst estimates of 3.4% (46 basis point year-on-year increase, 5.4 bps beat)
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Revenue: $198 million vs analyst estimates of $193.3 million (70.4% year-on-year growth, 2.4% beat)
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Efficiency Ratio: 63.9% vs analyst estimates of 58.2% (5.7 percentage point miss)
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EPS (GAAP): $0.52 vs analyst expectations of $0.61 (15% miss)
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Market Capitalization: $2.16 billion
Tracing its roots back to 1868 during America’s post-Civil War reconstruction era, First Busey (NASDAQ:BUSE) is a bank holding company that provides commercial and retail banking, wealth management, and payment technology solutions across Illinois, Missouri, Florida, and Indiana.
Two primary revenue streams drive bank earnings. While net interest income, which is earned by charging higher rates on loans than paid on deposits, forms the foundation, fee-based services across banking, credit, wealth management, and trading operations provide additional income.
Over the last five years, First Busey grew its revenue at a decent 6.7% compounded annual growth rate. Its growth was slightly above the average bank company and shows its offerings resonate with customers.
We at StockStory place the most emphasis on long-term growth, but within financials, a half-decade historical view may miss recent interest rate changes, market returns, and industry trends. First Busey’s annualized revenue growth of 9.9% over the last two years is above its five-year trend, suggesting its demand recently accelerated.
Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.
This quarter, First Busey reported magnificent year-on-year revenue growth of 70.4%, and its $198 million of revenue beat Wall Street’s estimates by 2.4%.
Net interest income made up 71.2% of the company’s total revenue during the last five years, meaning lending operations are First Busey’s largest source of revenue.
Net interest income commands greater market attention due to its reliability and consistency, whereas non-interest income is often seen as lower-quality revenue that lacks the same dependable characteristics.
