First Busey, a regional banking company, reported fourth-quarter revenue of $200.2 million, beating analyst estimates by 1.5% and marking 71.2% year-on-year growth. The company's non-GAAP earnings of $0.68 per share exceeded consensus estimates by 9.2%. Net interest income reached $157.6 million, slightly above the $156.3 million forecast, whilst net interest margin came in at 3.7%, matching expectations. Tangible book value per share was $20.23, surpassing estimates by 2.2%. The bank holding company, which traces its roots to 1868, provides commercial and retail banking services across Illinois, Missouri, Florida and Indiana. First Busey's revenue has grown at a 12.8% compounded annual rate over five years, with acceleration to 28.2% annualised growth over the past two years.

Champaign, Ill.-based Busey Bank is expanding its footprint in Denver with the opening of a second branch.