First Busey Corporation BUSE Wealth Management — Provision for Credit Losses
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Where this comes from
Reported directly by First Busey Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.
The official record: First Busey Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Busey Corporation's wealth management — provision for credit losses?
- First Busey Corporation (BUSE) reported wealth management — provision for credit losses of $0 in Q1 2026.
- What does wealth management — provision for credit losses mean?
- This represents the periodic expense set aside by the Wealth Management segment to cover potential losses from loans or credit-related assets. It reflects management's assessment of credit risk within the segment's portfolio. A higher provision indicates an expectation of increased defaults or deteriorating credit quality.