Basic earnings per common share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding, which include DSUs that are vested but not delivered. Net income available to common stockholders is net income less dividends that have been declared on First Busey’s preferred stock (all of which is non-cumulative). Diluted earnings per common share is computed using the treasury stock method and reflects the potential dilution that could occur if shares were issued for Busey’s outstanding equity-based awards.


	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands, except per share amounts)	2026		2025		2026		2025
Net income	$	63,176	$	47,404	$	113,157	$	17,414
Dividends on preferred stock	(4,590)		(155)		(9,179)		(155)
Net income available to common stockholders	$	58,586	$	47,249	$	103,978	$	17,259

Weighted average number of common shares outstanding, basic	84,498,030		89,645,040		85,588,955		79,139,706








Dilutive effect of outstanding equity-based awards	887,352		1,238,671		1,013,323		1,111,871
Weighted average number of common shares outstanding, diluted	85,385,382		90,883,711		86,602,278		80,251,577

Basic earnings per common share	$	0.69	$	0.53	$	1.21	$	0.22
Diluted earnings per common share	$	0.69	$	0.52	$	1.20	$	0.22

Anti-dilutive equity-based awards	68,094		28,561		34,047		223,149