First Busey Results Presentation Deck
2Q23 Earnings Investor Presentation
Wealth Management
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Assets Under Care (AUC) of $11.5 billion, a QoQ increase of
$270 million
First Busey Corporation | Ticker: BUSE
Wealth revenue¹ of $14.7 million, a YoY increase of 4.1% and pre-
tax net income of $6.5 million, a YoY decrease of 0.9%
Pre-tax profit margin of 44.1% in 2Q23 and 41.1% over the last
twelve months
Our fully internalized investment team continues to produce
excellent returns, outperforming benchmarks over multiple
measurement periods
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The team's blended portfolio has outperformed the blended
benchmark² over the last 12 months, over the last 3 years, and
over the last 5 years
Rate environment attracting more fixed income assets - our fixed
income management capabilities are very deep and a real
differentiator
Bank + Wealth partnership allows us to better keep customer
funds inside our overall ecosystem depending on client needs
Continued overall rotation from low-fee customer exits to acquiring
new higher-fee customers
Recently completed fee structure initiatives positively impacting
revenue at approximately $2.3 - $2.5 million annually
Assets Under Care
$ in millions
$11,454
2022 Q2
$ in millions
46.3%
$14.1
Wealth Revenue and Pre-tax Income
$6.5
2022 Q2
$10,749
Wealth Management segment | Blended benchmark consists of 60% MSCI All-Country World Index / 40% Bloomberg Intermediate Govt/Credit Index
2022 Q3
$12.5
38.6%
$4.8
$11,062
2022 Q3
2022 Q4
$13.0
38.2%
$5.0
2022 Q4
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$11,208
2023 Q1
$14.9
42.8%
$6.4
2023 Q1
$11,478
2023 Q2
$14.7
44.1%
$6.5
2023 Q2
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