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First Busey Corporation BUSE Wealth Management — Intangible Amortization
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Where this comes from
Reported directly by First Busey Corporation in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.
The source filing: First Busey Corporation’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:06 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000314489-26-000055
| (dollars in thousands) | Banking | Wealth Management | Firs Tech | Other | Total |
|---|---|---|---|---|---|
| Noninterest expense | |||||
| Salaries and employee benefits | 56,801 | 8,115 | 2,761 | — | 67,677 |
| Data processing | 7,266 | 704 | 872 | 26 | 8,868 |
| Amortization of intangible assets | 4,066 | 166 | — | — | 4,232 |
| Interchange expense | — | — | 1,096 | — | 1,096 |
| All other noninterest expense | 27,605 | 545 | 771 | 1,841 | 30,762 |
| Intersegment noninterest expense | 650 | 749 | 539 | (1,938) | — |
| Noninterest expense | 96,388 | 10,279 | 6,039 | (71) | 112,635 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is First Busey Corporation's wealth management — intangible amortization?
- First Busey Corporation (BUSE) reported wealth management — intangible amortization of $166K in Q2 2026.
- How has First Busey Corporation's wealth management — intangible amortization changed year-over-year?
- First Busey Corporation's wealth management — intangible amortization decreased by 27.2% year-over-year, from $228K to $166K.
- What is the long-term trend for First Busey Corporation's wealth management — intangible amortization?
- Over 3 years (2022 to 2025), First Busey Corporation's wealth management — intangible amortization has grown at a -21.2% compound annual growth rate (CAGR), from $1.8M to $879K.
- What does wealth management — intangible amortization mean?
- This metric reflects the periodic expense recognized from the amortization of intangible assets, such as acquired client relationships or brand value, specific to the Wealth Management segment. It is a non-cash charge that impacts the segment's reported profitability. Tracking this helps investors understand the long-term impact of past acquisitions on current earnings.
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