First Busey BUSE

First Busey Corporation is an $18.10 billion financial holding company engaged in the business of banking and related financial services. The company operates Busey Bank, an Illinois state-chartered bank offering a range of diversified financial products and services for consumers and businesses, including commercial, real estate, agricultural, and residential loans, as well as deposit and cash management services. First Busey Corporation also provides asset management, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services through its Wealth Management business, and delivers technology-enabled payment processing solutions through FirsTech, a wholly owned subsidiary of Busey Bank.

First Busey Corporation generates revenue primarily through interest and fees on loans and investments, wealth management fees, service fees, and payment technology solutions revenue. Busey Bank’s principal sources of income include interest earned on commercial, consumer, real estate, and agricultural loans, as well as fees from depository services, wealth management, and brokerage activities. FirsTech contributes revenue by facilitating the collection and processing of consumer payments through electronic and in-person methods, including mobile text-based bill payment, interactive voice response systems, electronic payment concentration and routing, walk-in payment processing, telephone-based customer service payment processing, direct debit services, merchant services referrals, and lockbox remittance processing. The company’s total revenue is derived from a diversified mix of financial services across its banking, wealth management, and payment technology segments.

The company operates through the following segments: Banking, Wealth Management, and FirsTech.

• Banking: This segment encompasses the operations of Busey Bank, which provides a full range of financial products and services to consumers and businesses. Services include commercial, CRE, real estate construction, and agricultural loans, as well as commercial depository services such as cash management. Retail banking services consist of residential real estate, home equity lines of credit, consumer loans, demand and savings deposits, money transfers, safe deposit services, and individual retirement accounts and other fiduciary services. Busey Bank operates 79 banking centers across 10 states, with 50 in Illinois, nine in Missouri, four in Texas, three in Colorado, three in Florida, three in Kansas, three in Oklahoma, two in Arizona, one in Indiana, and one in New Mexico.

• Wealth Management: This segment provides a full range of asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services to individuals, businesses, and foundations. As of December 31, 2025, $15.66 billion of assets were under care through this segment. For individuals, Busey Bank offers investment management, trust and estate advisory services, and financial planning. For businesses, it provides investment management, business succession planning, and employee retirement plan services. For foundations, the segment delivers investment management, investment strategy consulting, and fiduciary services. Brokerage-related services are offered by Busey Investment Services, a division of Busey Bank, through a third-party arrangement. In addition, Busey Bank provides professional farm management and brokerage services to the agricultural industry.

• FirsTech: This segment delivers technology-enabled payment processing solutions to business clients across the United States. FirsTech operates a multi-channel payments platform that facilitates the collection and processing of consumer payments through a variety of electronic and in-person methods. The company’s service offerings include mobile text-based bill payment, interactive voice response systems, electronic payment concentration and routing to Automated Clearing House networks, money management networks, and credit card networks, walk-in payment processing through third-party retail agent locations, customer service payment processing via telephone, direct debit services, merchant services referral solutions for financial institution partners and their commercial customers, and lockbox remittance processing for mail-based payments. FirsTech also provides ancillary tools that support billing, reconciliation, payment reminders, and treasury-related functions. The company serves clients across a broad range of industries, with a significant concentration in regulated sectors such as financial services, utilities, insurance, and telecommunications.

First Busey Corporation holds a strong position within the financial services industry, particularly in the Midwest and select regional markets where it maintains a significant presence. Based on the FDIC Summary of Deposits dated June 30, 2025, Busey Bank ranked fourth in total deposits among the 349 financial institutions headquartered in the State of Illinois. The company competes actively with national and state banks, savings and loan associations, and credit unions for deposits and loans. Busey Bank differentiates itself through the quality of its services, technology-enabled solutions including internet and mobile banking, convenient business hours, and a legacy of service excellence. The company also competes with asset management and trust companies, security broker/dealers, insurance companies, finance companies, mortgage companies, payment technology solution companies, and financial technology companies in its wealth management and payment processing activities.

First Busey Corporation serves a diverse customer base that includes individuals, businesses, and foundations across the communities in which it operates. Retail customers consist of individuals utilizing residential real estate, home equity lines of credit, consumer loans, and personal deposit and savings services. Commercial customers include businesses availing of commercial, CRE, real estate construction, and agricultural loans, as well as cash management and depository services. Foundations receive investment management, investment strategy consulting, and fiduciary services through the Wealth Management segment. FirsTech serves business clients across industries such as financial services, utilities, insurance, and telecommunications, providing payment processing solutions tailored to their operational needs.