CHAMPAIGN, Ill. (AP) _ First Busey Corp. (BUSE) on Tuesday reported fourth-quarter earnings of $28.3 million.

The Champaign, Illinois-based bank said it had earnings of 52 cents per share. Earnings, adjusted for non-recurring costs, were 62 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The bank holding company posted revenue of $111.8 million in the period. Its revenue net of interest expense was $103.4 million, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $99.7 million.

For the year, the company reported profit of $100.3 million, or $1.83 per share. Revenue was reported as $401.2 million.

First Busey shares have climbed slightly more than 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.50, a drop of 16% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BUSE at https://www.zacks.com/ap/BUSE

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