💨 Abstract

First Busey Corp. reported a first-quarter loss of $30 million, a reversal from a profit in the same period last year. The bank's loss per share was 44 cents, but adjusted earnings were 57 cents per share, exceeding Wall Street expectations. Shares have dropped 13% since the start of the year, and in the last 12 months, they hit $20.58,

Courtesy: wtop.com

Summarized by Einstein Beta 🤖