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BUSE - First Busey Corp Stock Price, Fair Value and News

22.19USD-0.01 (-0.05%)Market Closed

Market Summary

BUSE
USD22.19-0.01
Market Closed
-0.05%

BUSE Stock Price

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BUSE RSI Chart

BUSE Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

10

Price/Sales (Trailing)

2.56

EV/EBITDA

1.05

Price/Free Cashflow

7.48

BUSE Price/Sales (Trailing)

BUSE Profitability

EBT Margin

32.11%

Return on Equity

9.64%

Return on Assets

1%

Free Cashflow Yield

13.37%

BUSE Fundamentals

BUSE Revenue

Revenue (TTM)

479.4M

Rev. Growth (Yr)

21.55%

Rev. Growth (Qtr)

4.92%

BUSE Earnings

Earnings (TTM)

122.6M

Earnings Growth (Yr)

-25.12%

Earnings Growth (Qtr)

-16.03%

Breaking Down BUSE Revenue

Last 7 days

-5.6%

Last 30 days

-2.7%

Last 90 days

-4.3%

Trailing 12 Months

15.9%

How does BUSE drawdown profile look like?

BUSE Financial Health

Debt/Equity

0.07

Debt/Cashflow

1.94

BUSE Investor Care

Dividend Yield

4.33%

Dividend/Share (TTM)

0.96

Buy Backs (1Y)

0.07%

Diluted EPS (TTM)

2.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023395.0M429.3M456.6M479.4M
2022302.6M313.5M331.0M360.0M
2021314.5M305.0M303.2M298.8M
2020356.4M346.2M334.1M326.6M
2019301.7M322.8M341.8M356.2M
2018248.0M272.3M282.6M286.0M
2017180.3M185.8M201.1M224.3M
2016119.3M130.9M148.4M164.9M
2015110.1M112.3M114.6M118.0M
2014107.8M107.0M107.3M108.1M
2013113.9M112.2M110.4M108.7M
2012128.0M123.4M119.6M116.9M
2011150.4M144.3M138.6M132.8M
20100175.1M165.6M156.2M
2009000184.5M
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
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Tracking the Latest Insider Buys and Sells of First Busey Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 20, 2024
sanford cassandra r
acquired
-
-
3,126
-
Mar 20, 2024
kenney frederic l
acquired
-
-
3,126
-
Mar 20, 2024
banks samuel p
acquired
-
-
3,126
-
Mar 20, 2024
cassens michael david
acquired
-
-
3,126
-
Mar 20, 2024
jensen karen m
acquired
-
-
3,126
-
Mar 20, 2024
jones jeffrey david
acquired
-
-
10,171
evp & cfo
Mar 20, 2024
lykins gregory b
acquired
-
-
3,126
-
Mar 20, 2024
bradshaw stanley j
acquired
-
-
3,126
-
Mar 20, 2024
barr george
acquired
-
-
3,126
-
Mar 20, 2024
phillips scott a.
acquired
-
-
1,071
principal accounting officer

1–10 of 50

Which funds bought or sold BUSE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
FIRST FINANCIAL CORP /IN/
unchanged
-
-3,518
109,838
0.06%
Apr 11, 2024
DHJJ Financial Advisors, Ltd.
unchanged
-
-1,553
48,485
0.02%
Apr 11, 2024
OPTIMUM INVESTMENT ADVISORS
unchanged
-
-1,705
53,271
0.02%
Apr 05, 2024
GAMMA Investing LLC
sold off
-100
-282
-
-%
Apr 05, 2024
CWM, LLC
added
492
2,000
2,000
-%
Mar 26, 2024
HighPoint Advisor Group LLC
new
-
249,000
249,000
0.02%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-13.64
195
1,886
-%
Mar 11, 2024
VANGUARD GROUP INC
added
1.96
17,570,100
73,045,600
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
39.82
2,641,040
5,919,220
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
142,619
641,051
-%

1–10 of 50

Are Funds Buying or Selling BUSE?

Are funds buying BUSE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own BUSE
No. of Funds

Unveiling First Busey Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.33%
2,943,012
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
5.9%
3,278,444
SC 13G/A
Jan 25, 2024
blackrock inc.
8.4%
4,663,932
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.6%
3,076,472
SC 13G
Feb 09, 2023
vanguard group inc
5.15%
2,846,730
SC 13G
Jan 31, 2023
blackrock inc.
7.0%
3,890,188
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
4.6%
2,579,261
SC 13G/A
Feb 01, 2022
blackrock inc.
7.0%
3,915,079
SC 13G/A
Feb 12, 2021
dimensional fund advisors lp
5.0%
2,736,111
SC 13G
Jan 29, 2021
blackrock inc.
7.1%
3,875,426
SC 13G/A

Recent SEC filings of First Busey Corp

View All Filings
Date Filed Form Type Document
Apr 12, 2024
ARS
ARS
Apr 12, 2024
DEF 14A
DEF 14A
Apr 12, 2024
DEFA14A
DEFA14A
Apr 09, 2024
8-K
Current Report
Apr 05, 2024
8-K
Current Report
Apr 01, 2024
8-K
Current Report
Mar 25, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading

Peers (Alternatives to First Busey Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
526.7B
171.1B
-3.91% 31.81%
10.63
3.08
60.72% 31.52%
283.0B
130.3B
1.52% 21.78%
10.67
2.17
79.51% -3.68%
203.8B
85.7B
-0.94% 43.72%
10.65
2.38
41.49% 39.96%
111.9B
133.3B
1.65% 18.16%
12.13
0.84
79.09% -
15.1B
10.2B
-1.49% 13.37%
9.41
1.48
44.53% -22.43%
13.5B
7.9B
-0.41% 19.27%
13.93
1.7
46.47% -49.56%
MID-CAP
6.7B
4.2B
2.75% 17.44%
7.65
1.61
56.25% -23.46%
6.0B
3.9B
1.56% 34.92%
8.8
1.52
45.91% -25.03%
3.1B
1.3B
-1.16% 34.79%
11.56
2.43
43.24% -22.35%
3.1B
2.0B
0.10% 12.49%
16.74
1.56
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
25.23% -24.02%
396.1M
164.9M
-4.97% 29.15%
33.87
2.4
42.66% -70.76%
365.2M
162.6M
-7.04% -2.86%
12.14
2.25
25.39% -38.37%
276.1M
96.6M
-8.72% 5.46%
8.71
2.86
11.02% -11.37%
39.4M
60.9M
-11.88% -26.28%
-11.79
0.65
24.06% -144.92%

First Busey Corp News

Latest updates
Simply Wall St • 39 hours ago
Yahoo Finance • 13 Apr 2024 • 12:34 pm
MarketBeat • 11 Apr 2024 • 01:22 pm
Defense World • 04 Apr 2024 • 07:23 am
MarketBeat • 03 Apr 2024 • 12:08 am

First Busey Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.9%12912311711110695.0083.0076.0077.0078.0072.0072.0081.0080.0081.0084.0089.0092.0091.0084.0074.00
EBITDA Margin-9.7%1.01*1.12*1.22*1.32*1.38*1.42*1.41*1.43*1.47*1.45*1.46*1.42*---------
Interest Expenses-0.8%77.0078.0079.0086.0091.0086.0076.0070.0071.0071.0065.0065.0073.0070.0071.0069.0072.0073.0073.0068.0061.00
Income Taxes9.4%7.007.007.0010.0011.008.006.007.009.006.007.0011.008.009.007.004.007.008.007.0010.009.00
Earnings Before Taxes-11.4%33.0037.0037.0046.0046.0044.0036.0036.0039.0032.0037.0049.0036.0040.0033.0019.0036.0033.0031.0035.0034.00
EBT Margin-11.9%0.32*0.36*0.40*0.44*0.45*0.47*0.46*0.48*0.52*0.51*0.53*0.50*---------
Net Income-16.0%26.0031.0029.0037.0034.0036.0030.0028.0030.0026.0030.0038.0028.0031.0026.0015.0029.0025.0024.0025.0025.00
Net Income Margin-11.0%0.26*0.29*0.32*0.35*0.36*0.37*0.36*0.38*0.41*0.40*0.42*0.39*---------
Free Cashflow8.3%43.0040.0038.0043.0047.0043.0029.0042.0059.0022.0035.0042.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.2%12,28312,25812,20912,34512,33712,49712,35612,56812,86012,89912,41510,76010,54410,54010,8369,7219,6969,7549,6139,5377,702
    Cash Equivalents112.9%7203382332762273472314798368849214056894801,050343529525420330240
  Net PPE0.0%123123123127127128131134136142145133135144147150151154150148118
  Goodwill0%318318318318318318318318318318318312312312312312312323314314268
Liabilities-0.5%11,01111,06811,00711,14611,19111,39111,19411,34911,54111,56611,0709,4949,2749,2849,6008,5048,4758,5388,4098,3516,707
  Short Term Borrowings--------------------31.00-
  Long Term Debt--------------------89.0050.00
Shareholder's Equity6.9%1,2721,1901,2021,1991,1461,1071,1621,2181,3191,3331,3461,2661,2701,2561,2361,2181,2201,2161,2041,186995
  Retained Earnings5.6%23722520819216914712510892.0076.0063.0046.0021.005.00-13.95-27.60-14.81-31.87-44.88-57.12-72.17
  Additional Paid-In Capital-0.1%1,3241,3241,3251,3221,3211,3201,3181,3191,3171,3151,3171,2551,2531,2501,2481,2491,2481,2481,2461,2471,080
Shares Outstanding-0.2%55.0055.0055.0055.0055.0055.0055.0055.0055.0056.0056.0054.00---------
Float---1,000---1,200---1,300---947---1,300--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations9.2%46,06142,18039,85345,29647,87744,33631,17742,50559,51622,58435,80344,10961,76046,68435,91718,81336,00014,9581,11436,25055,411
  Share Based Compensation-112.8%-3332,6032,6561,6692,2472,4762,3361,9092,0881,8912,4371,4482,7222,2051,0691,1397611,2051,0171,0141,055
Cashflow From Investing1161.7%391,71331,04784,19244,03547,963-59,518-92,422-186,987-59,634-530,687305,551-544,420152,422-295,261-405,472-181,22837,76917067,908-48,411250,055
Cashflow From Financing-275.4%-56,11231,989-166,911-40,926-215,825131,479-187,131-212,385-47,632471,138174,654216,576-5,366-321,7741,076,779-24,025-69,93890,12220,778102,595-226,145
  Dividend Payments0.0%13,27013,26713,27113,26812,70412,70712,71312,73912,81112,95612,48412,51311,99511,99411,96812,05511,59211,63211,68110,2669,772
  Buy Backs77.9%2,2731,278397534-3,0881,6045,22011,00514,7905,7381,5102,603--3.009,67210,9694,890---

BUSE Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income   
Interest and fees on loans$ 385,848$ 287,477$ 252,097
Interest and dividends on investment securities:   
Taxable interest income80,31666,14041,787
Non-taxable interest income2,6783,2723,765
Other interest income10,5313,0971,151
Total interest income479,373359,986298,800
Interest expense   
Deposits123,98516,11212,583
Federal funds purchased and securities sold under agreements to repurchase5,2031,475227
Short-term borrowings12,7751,647279
Long-term debt1,7001,310657
Senior notes06371,598
Subordinated notes12,40612,3389,918
Junior subordinated debt owed to unconsolidated trusts3,8533,0292,840
Total interest expense159,92236,54828,102
Net interest income319,451323,438270,698
Provision for credit losses2,3994,623(15,101)
Net interest income after provision for credit losses317,052318,815285,799
Noninterest income   
Mortgage revenue1,0891,8957,239
Income on bank owned life insurance4,7013,6635,166
Realized net gains (losses) on securities(28)5029
Unrealized net gains (losses) recognized on equity securities(2,171)(2,183)3,041
Other income11,24814,82210,292
Total noninterest income122,384126,803132,804
Noninterest expense   
Salaries, wages, and employee benefits162,597159,016145,312
Data processing23,70821,64821,862
Net occupancy expense of premises18,21419,13018,346
Furniture and equipment expenses6,7597,6458,301
Professional fees7,1476,1257,549
Amortization of intangible assets10,43211,62811,274
Interchange expense6,8646,2985,792
FDIC insurance5,6504,0583,083
Other expense44,16148,33340,261
Total noninterest expense285,532283,881261,780
Income before income taxes153,904161,737156,823
Income taxes31,33933,42633,374
Net income$ 122,565$ 128,311$ 123,449
Basic earnings per common share (in dollars per share)$ 2.21$ 2.32$ 2.23
Diluted earnings per common share (in dollars per share)2.182.292.20
Dividends declared per share of common stock (in dollars per share)$ 0.96$ 0.92$ 0.92
Wealth management fees   
Noninterest income   
Non-interest income$ 57,309$ 55,378$ 53,086
Fees for customer services   
Noninterest income   
Non-interest income29,04433,11135,604
Payment technology solutions   
Noninterest income   
Non-interest income$ 21,192$ 20,067$ 18,347

BUSE Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Cash and cash equivalents:  
Cash and due from banks$ 134,680$ 117,513
Interest-bearing deposits584,901109,651
Total cash and cash equivalents719,581227,164
Debt securities available for sale2,087,5712,461,393
Debt securities held to maturity872,628918,312
Equity securities9,81211,535
Loans held for sale2,3791,253
Portfolio loans (net of ACL of $91,740 at December 31, 2023; $91,608 at December 31, 2022)7,559,2947,634,094
Premises and equipment, net122,594126,524
Right of use assets11,02712,829
Goodwill317,873317,873
Other intangible assets, net35,99146,423
Cash surrender value of bank owned life insurance182,975180,485
Other assets361,690398,792
Total assets12,283,41512,336,677
Deposits:  
Noninterest-bearing2,834,6553,393,666
Interest-bearing7,456,5016,677,614
Total deposits10,291,15610,071,280
Securities sold under agreements to repurchase187,396229,806
Short-term borrowings12,000351,054
Long-term debt18,00030,000
Subordinated notes, net of unamortized issuance costs222,882222,038
Junior subordinated debt owed to unconsolidated trusts71,99371,810
Lease liabilities11,30812,995
Other liabilities196,699201,717
Total liabilities11,011,43411,190,700
Outstanding commitments and contingent liabilities (see Notes 6 and 16)
Stockholders’ equity  
Common stock, ($0.001 par value; 100,000,000 shares authorized)5858
Additional paid-in capital1,323,5951,320,980
Retained earnings237,197168,769
AOCI(218,803)(273,278)
Total stockholders’ equity before treasury stock1,342,0471,216,529
Treasury stock at cost(70,066)(70,552)
Total stockholders’ equity1,271,9811,145,977
Total liabilities and stockholders’ equity$ 12,283,415$ 12,336,677
Shares  
Common shares issued (in shares)58,116,96958,116,970
Less treasury shares (in shares)(2,872,850)(2,837,846)
Common shares outstanding (in shares)55,244,11955,279,124
BUSE
First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. It operates through three segments: Banking, FirsTech, and Wealth Management. The Banking segment provides banking services to individual customers, such as demand and savings deposits, money transfers, safe deposit services, individual retirement accounts and other fiduciary services, automated teller machines, and technology-based networks, as well as loan products, including residential real estate, home equity lines of credit, and consumer loans. This segment also offers banking services to corporate customers, including commercial, commercial real estate, real estate construction, and agricultural loans, as well as cash management services. The FirsTech segment provides payment technology solutions comprising online, mobile, and voice-recognition bill payments; money management and credit card networks; direct debit services; lockbox remittance processing for payments made by mail; and walk-in payments, as well as tools to help clients with billing, reconciliation, bill reminders, and treasury services. The Wealth Management segment offers a range of asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services to individuals, businesses, and foundations. The company was founded in 1868 and is headquartered in Champaign, Illinois.
 CEO
 WEBSITEbusey.com
 INDUSTRYBanks Diversified
 EMPLOYEES1477

First Busey Corp Frequently Asked Questions


What is the ticker symbol for First Busey Corp? What does BUSE stand for in stocks?

BUSE is the stock ticker symbol of First Busey Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Busey Corp (BUSE)?

As of Mon Apr 15 2024, market cap of First Busey Corp is 1.23 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BUSE stock?

You can check BUSE's fair value in chart for subscribers.

What is the fair value of BUSE stock?

You can check BUSE's fair value in chart for subscribers. The fair value of First Busey Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Busey Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BUSE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Busey Corp a good stock to buy?

The fair value guage provides a quick view whether BUSE is over valued or under valued. Whether First Busey Corp is cheap or expensive depends on the assumptions which impact First Busey Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BUSE.

What is First Busey Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, BUSE's PE ratio (Price to Earnings) is 10 and Price to Sales (PS) ratio is 2.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BUSE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Busey Corp's stock?

In the past 10 years, First Busey Corp has provided 0.058 (multiply by 100 for percentage) rate of return.