FIRST BUSEY CORP /NV/
For the period ended Mar 31, 2025. Filed May 9, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 9, 2025
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Efficiency Ratio
The efficiency ratio 2, which is a measure commonly used by management and the banking industry, measures the amount of expense incurred to generate a dollar of revenue. Busey’s efficiency ratio was 79.4% for the three months ended March 31, 2025, compared to 58.1% for the same period in 2024.
Busey’s adjusted efficiency ratio 2 was 58.7% for the three months ended March 31, 2025, compared to 62.3% for the same period in 2024.
2 The efficiency ratio and adjusted efficiency ratio are non-GAAP financial measures. For a reconciliation of non-GAAP measures to the most directly comparable GAAP financial measures, see “Item 2. Management’s Discussion and Analysis—Non-GAAP Financial Information” included in this Quarterly Report.
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