First Busey Results Presentation Deck
4Q23 Earnings Investor Presentation
FirsTech
▪ 2023 segment revenue of $22.8 million, an
increase of 5% over 2022, and the highest
annual revenue in company history
First Busey Corporation | Ticker: BUSE
▪ 4Q23 revenue of $5.8 million was the highest
quarterly revenu in company history
■
▪ Targeted initiatives to improve profitability
include shifting customers to fully integrate
into the merchant services platform and
optimization of existing customer fee
structures
■
Key competencies of online payments and
merchant services were the primary drivers
of growth in 2023
Have built a solid pipeline aligned with go-to-
market focus on enterprise, financial
institution, and merchant services clients
The value of customized payments-enabled
software platforms from an ODFI²-sponsored
company resonates with potential customers
▪ Deployed new capabilities to Loan Pay
module, adding features that provide for
advanced customer communications
$67.1K
$79.6K
$11
billion
$75.0K
Payments
processed
in last twelve
months
Revenue Growth ¹
$21.8
million
YE 2022
$78.5K $78.2K
$87.5K
Average Revenue Per Processing Day Trend
2020 2021 2021 2021 2021 2022
Q4 Q1 Q2 Q3 Q4 Q1
+4.7%
41
million
$84.0K
¹ Revenue equates to all revenue sources tied to FirsTech and excludes intracompany eliminations | ² Originating Depository Financial Institution
$87.2K $88.3K
$22.8
million
YE 2023
Transactions
processed
in last twelve
months
$91.5K
2022 2022 2022 2023
Q2 Q3
Q4 Q1
$89.1K $89.9K
+12%
3-Year CAGR
1
22
$93.4K
2023 2023 2023
Q2 ૦૩
Q4
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