CHAMPAIGN, Ill. (AP) — CHAMPAIGN, Ill. (AP) — First Busey Corp. (BUSE) on Tuesday reported third-quarter net income of $32 million.

The Champaign, Illinois-based bank said it had earnings of 55 cents per share. Earnings, adjusted for non-recurring costs, came to 58 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.

The bank holding company posted revenue of $170.5 million in the period. Its revenue net of interest expense was $118.5 million, also surpassing Street forecasts.

First Busey shares have increased slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $24.83, a climb of 31% in the last 12 months.

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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