Slide 1: Q2 2026 Earnings Investor Presentation
Q2 2026 EARNINGS INVESTOR PRESENTATION July 28, 2026
Slide 2: Forward-Looking Statements
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 2 Forward-Looking Statements This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Se
Slide 3: Table of Contents
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 3 Table of Contents Overview of First Busey Corporation (BUSE) 4 2Q26 Review 5 Investment Highlights 6 Earnings Performance 7 Strategically Configured Regional Operating Model 8 High Quality Loan Portfolio 9 Pristine Credit Q
Slide 4: Overview of First Busey Corporation (NASDAQ: BUSE)
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 4 Overview of First Busey Corporation (NASDAQ: BUSE) A full suite of solutions provided to our clients for $18.2 $16.5 every stage of their business and personal life Billion Billion Total Assets 1 Wealth Assets Under Care 1
Slide 5: 2Q26 Review
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 5 2Q26 Review Near record company profitability Financial Results ▪ 1.43% adj. ROAA1, a 14.61% adj. ROATCE1, and 54.0% efficiency ratio1 in 2Q26, compared to 1.21% adj. ROAA1, 14.41% adj. ROATCE1, and 55.3% efficiency ratio1
Slide 6: Investment Highlights
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 6 Investment Highlights Financial Highlights Balance Sheet Strength 2Q26 Metrics better than KRX Median KRX median are MRQ 3 bolded Core Deposits Asset Quality Robust Capital $ in billions Total Assets $18.2 $30.2 ▪ 93.7% cor
Slide 7: Earnings Performance
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 7 Earnings Performance Adjusted Net Income & Earnings Per Common Share 1 Adjusted ROATCE & Adjusted ROAA 1 $ in millions Adj. Net Income Avail. to Common S/H Adj. EPS Adj. ROATCE Adj. ROAA $60.6 $59.1 14.4% 14.3% 14.1% 14.6%
Slide 8: Strategically Configured Regional Operating Model
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 8 Strategically Configured Regional Operating Model Enterprise-wide sales structure is organized by region – bringing full Focused on bringing the full breadth of commercial, wealth, and payments capabilities and the complete
Slide 9: High Quality Loan Portfolio
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 9 High Quality Loan Portfolio Loan Portfolio Composition Loan Yield As of 6/30/26 Disciplined loan pricing remains a key enterprise-wide priority Commercially-oriented portfolio is Other 5% well-diversified by sector and geog
Slide 10: Pristine Credit Quality
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 10 Pristine Credit Quality Nonperforming Assets / Total Assets ▪ Our conservative approach to credit risk management has $ in millions resulted in a continued legacy of strong and stable credit Busey KRX Mean quality ▪ Loans
Slide 11: Top Tier Core Deposit Franchise
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 11 Top Tier Core Deposit Franchise Deposit Portfolio Composition Low Cost, Granular Deposit Base with an Efficient Branch Footprint As of 6/30/26 93.7% 87.2% $189 million Loan to Deposit Average Deposits Interest-bearing Core
Slide 12: Net Interest Margin
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 12 Net Interest Margin Net Interest Income Trend $ in millions Net Interest Margin Trend 1 Net Interest Income Purchase Accounting Accretion Earning Assets Cost of Funds NIM ex-PAA 5.63% 5.63% 5.53% $153.2 $155.1 $157.6 $154.
Slide 13: Diversified and Significant Sources of Noninterest Income
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 13 Diversified and Significant Sources of Noninterest Income Adjusted Noninterest Income / Operating Revenue 3 $ in millions 21.6% Adjusted Noninterest Income As a percentage of Total Revenue 1 $192.0 Adj. Nonint. Inc. $196.7
Slide 14: Wealth Management: $16.5 Billion Assets Under Care
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 14 Wealth Management $16.5 Billion Assets Under Care $75.3 Million LTM Revenue 1 46.8% LTM PT Margin 2 Assets Under Care Wealth Revenue 1 and Pre-Tax Income 2 ▪ Strong growth in Assets Under Care (AUC) as net inflows were ▪ 2
Slide 15: Wealth Management
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 15 Wealth Management Nearly 160 year-old firm with an Uniquely positioned to combine the capabilities uncompromised commitment to of larger advisory firms with the personalized always act in the best interest of our clients,
Slide 16: Focused Control on Expenses
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 16 Focused Control on Expenses Efficiency Ratio 1 Trend ▪ Company priority to continue delivering positive operating leverage: Positive operating leverage of +1.4% in 2Q26 61.8% ▪ Expense discipline offset headwinds from loan
Slide 17: Robust Capital Foundation
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 17 Robust Capital Foundation Tangible Common Equity 1 $ in millions Common Equity Tier 1 2 $ in millions TCE TCE Ratio Common Equity Tier 1 CET1 Ratio Min + Buffer Ratio $1,748 $1,773 $1,722 $1,888 $1,908 $1,920 $1,709 $1,697
Slide 18: Appendix
Appendix Busey , FIRST BUSEY CORPORATION
Slide 19: Seasoned Leadership Team
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 19 Seasoned Leadership Team Van A. Dukeman Amy L. Randolph Chairman, President & CEO, First Busey Corp. Chief Operating Officer Chairman & CEO, Busey Bank Has served as Chairman & CEO of First Busey since 2007 and became Join
Slide 20: Purchase Accounting Projections
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 20 Purchase Accounting Projections Estimated accretion schedule of loan discounts based on anticipated contractual cash flow. These projections include remaining purchase accounting impact from all prior M&A transactions. ($
Slide 21: Non-GAAP Financial Information
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 21 Non-GAAP Financial Information This presentation contains certain financial information determined by methods other than U.S. Generally Accepted Accounting Principles (“GAAP”). Management uses these non- GAAP measures, tog
Slide 22: Non-GAAP Financial Information (Unaudited)
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 22 Non-GAAP Financial Information (Unaudited) Calculation of Adjusted Net Income and Adjusted Diluted Earnings Per Common Share Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, (dollars in tho
Slide 23: Non-GAAP Financial Information (Unaudited)
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 23 Non-GAAP Financial Information (Unaudited) Calculation of Return On Average Assets, Return On Average Tangible Common Equity, and Related Adjusted Return Measures Three Months Ended Six Months Ended June 30, March 31, June
Slide 24: Non-GAAP Financial Information (Unaudited)
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 24 Non-GAAP Financial Information (Unaudited) Calculation of Net Interest Margin and Adjusted Net Interest Margin Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, (dollars in thousands) 2026 2
Slide 25: Non-GAAP Financial Information (Unaudited)
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 25 Non-GAAP Financial Information (Unaudited) Calculation of Efficiency Ratio Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, (dollars in thousands) 2026 2026 2025 2026 2025 Net interest inco
Slide 26: Non-GAAP Financial Information (Unaudited)
2Q26 Earnings Investor Presentation First Busey Corporation | Ticker: BUSE 26 Non-GAAP Financial Information (Unaudited) Calculation of Tangible Common Equity, and Related Measures and Ratio As of June 30, March 31, June 30, (dollars in thousands, except per share amounts) 2026 2026 2025 Total asset