About First Busey (BUSE)
First Busey Corporation (First Busey) is a financial holding company. The Company offers a range of financial services through its banking and non-banking subsidiaries. The Company operates through three segments: Banking, Remittance Processing and Wealth Management. The Banking segment provides a range of banking services to individual and corporate customers through its branch network in downstate Illinois, St. Louis, Missouri metropolitan area, southwest Florida and through its branch in Indianapolis, Indiana. The Remittance Processing segment provides for online bill payments, lockbox and walk-in payments. The Wealth Management segment provides a range of asset management, investment and fiduciary services to individuals, businesses and foundations, tax preparation, philanthropic advisory services and farm and brokerage services. The Company conducts the business of banking and related services through Busey Bank (the Bank).
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Midwest Banks
- Sub-Industry: Regional Banks
- Exchange: NASDAQ
- Symbol: BUSE
- CUSIP: 31938310
- Previous Close: $28.88
- 50 Day Moving Average: $30.24
- 200 Day Moving Average: $27.36
- 52-Week Range: $38,231,000.00 - $19.00
- Trailing P/E Ratio: 20.63
- Foreward P/E Ratio: 14.16
- P/E Growth: 2.73
- Market Cap: $1.10B
- Outstanding Shares: 38,231,000
- Beta: 0.86
- Net Margins: 20.70%
- Return on Equity: 10.65%
- Return on Assets: 1.11%
- Debt-to-Equity Ratio: 0.25%
- Current Ratio: 0.91%
- Quick Ratio: 0.86%
Companies Related to First Busey:
Earnings History for First Busey (NASDAQ:BUSE)Earnings History by Quarter for First Busey (NASDAQ:BUSE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/24/2017|| || || || || || || || |
|7/23/2013||Q2 2013||$0.06||$0.08||$41.19 million||View||N/A|
|1/29/2013||Q4 2012||$0.05||$0.05||$41.85 million||View||N/A|
Earnings Estimates for First Busey (NASDAQ:BUSE)
Current Year EPS Consensus Estimate: $1.76 EPS
Next Year EPS Consensus Estimate: $2.04 EPS
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for First Busey (NASDAQ:BUSE)
|Most Recent Dividend:||2/3/2017|
|Payout Ratio:||51.06% (Trailing 12 Months of Earnings) |
40.91% (Based on This Year's Estimates)
35.29% (Based on Next Year's Estimates)
Dividend History by Quarter for First Busey (NASDAQ:BUSE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for First Busey (NASDAQ:BUSE)
Insider Ownership Percentage: 11.50%Insider Trades by Quarter for First Busey (NASDAQ:BUSE)
Institutional Ownership Percentage: 47.87%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/9/2017||Jon D Stewart||Director||Buy||256||$30.27||$7,749.12|| |
|12/22/2016||Jon D Stewart||Director||Buy||19||$30.30||$575.70|| |
|10/5/2016||Jon D Stewart||Director||Buy||380||$22.13||$8,409.40|| |
|8/8/2016||Thomas G Sloan||Director||Buy||458||$23.90||$10,946.20|| |
|7/29/2016||Stanley J Bradshaw||Director||Buy||1,603||$22.97||$36,820.91|| |
|7/1/2016||Jon D Stewart||Director||Buy||305||$21.16||$6,453.80|| |
|5/2/2016||David J Downey||Director||Buy||7,500||$20.60||$154,500.00|| |
|4/11/2016||Jon D Stewart||Director||Buy||330||$20.02||$6,606.60|| |
|3/11/2016||Stephen V King||Director||Buy||7,000||$20.08||$140,560.00|| |
|1/12/2016||Jon D Stewart||Director||Buy||318||$20.29||$6,452.22|| |
|9/15/2015||Robin N Elliott||CFO||Buy||2,000||$18.16||$36,320.00|| |
|9/11/2015||Robin N. Elliott||CFO||Buy||11,300||$18.02||$203,626.00|| |
|7/6/2015||Jon D Stewart||Director||Buy||1,015||$6.45||$6,546.75|| |
|3/9/2015||Howard F Mooney||CEO||Buy||7,770||$6.45||$50,116.50|| |
|11/7/2014||Stephen V King||Director||Buy||15,000||$6.41||$96,150.00|| |
|11/6/2014||Stephen V King||Director||Buy||35,000||$6.36||$222,600.00|| |
|12/10/2013||V Leister||Director||Sell||4,500||$5.74||$25,830.00|| |
|11/7/2013||E Phillips Knox||Director||Sell||3,100||$5.40||$16,740.00|| |
|2/11/2013||Stephen V King||Director||Buy||26,353||$4.52||$119,115.56|| |
|2/7/2013||Stephen V King||Director||Buy||26,350||$4.46||$117,521.00|| |
|2/6/2013||Stephen V King||Director||Buy||57,124||$4.54||$259,342.96|| |
Headline Trends for First Busey (NASDAQ:BUSE)
Latest Headlines for First Busey (NASDAQ:BUSE)
Frequently Asked Questions for First Busey (NASDAQ:BUSE)
What is First Busey's stock symbol?
First Busey trades on the NASDAQ under the ticker symbol "BUSE."
How often does First Busey pay dividends? What is the dividend yield for First Busey?
First Busey announced a quarterly dividend on Thursday, January 19th. Shareholders of record on Friday, January 27th will be given a dividend of $0.18 per share on Friday, February 3rd. This represents a $0.72 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Wednesday, January 25th. This is a boost from First Busey's previous quarterly dividend of $0.17.
How were First Busey's earnings last quarter?
First Busey Co. (NASDAQ:BUSE) issued its earnings results on Tuesday, October, 25th. The company reported $0.40 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.40. First Busey had a return on equity of 10.65% and a net margin of 20.70%.
When will First Busey make its next earnings announcement?
First Busey is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.
Where is First Busey's stock going? Where will First Busey's stock price be in 2017?
4 equities research analysts have issued twelve-month target prices for First Busey's stock. Their forecasts range from $23.00 to $32.00. On average, they anticipate First Busey's share price to reach $27.50 in the next twelve months.
What are analysts saying about First Busey stock?
Here are some recent quotes from research analysts about First Busey stock:
- 1. According to Zacks Investment Research, "First Busey Corporation is a financial holding company located in Urbana, Illinois. First Busey is engaged primarily in commercial, retail and correspondent banking and provides trust services, insurance services, and travel services. " (3/15/2017)
- 2. FBR & Co analysts commented, "We reiterate our Market Perform rating and $32 price target, equal to 17.3x our 2018 EPS estimate, on First Busey following 4Q16 results. Aside from soft mortgage banking, this was a relatively good quarter, with stronger net interest income, better loan growth that was back-end loaded in the quarter, and encouraging trends in newer markets. Full-year operating EPS grew 7% YOY. We like First Busey's strong profitability (1.06% ROAA, 12.3% ROTCE) and fee-rich (36% of revenue) income stream, but we remain on the sidelines given relative valuation. We reiterate our respective 2017 and 2018 operating EPS estimates of $1.75 and $1.85." (1/30/2017)
Who owns First Busey stock?
First Busey's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.25%), Skyline Asset Management LP (3.01%), Columbia Wanger Asset Management LLC (2.03%), State Street Corp (1.50%), Thompson Siegel & Walmsley LLC (1.29%) and Renaissance Technologies LLC (0.95%). Company insiders that own First Busey stock include David J Downey, Jon D Stewart, Robin N Elliott, Stanley J Bradshaw, Stephen V King and Thomas G Sloan.
Who sold First Busey stock? Who is selling First Busey stock?
First Busey's stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, Thompson Siegel & Walmsley LLC, Putnam Investments LLC, Two Sigma Investments LP, Systematic Financial Management LP, GSA Capital Partners LLP and Martingale Asset Management L P.
Who bought First Busey stock? Who is buying First Busey stock?
First Busey's stock was acquired by a variety of institutional investors in the last quarter, including Columbia Wanger Asset Management LLC, John W. Rosenthal Capital Management Inc., State Street Corp, Dimensional Fund Advisors LP, AQR Capital Management LLC, Russell Investments Group Ltd., Cornercap Investment Counsel Inc. and Gamco Investors INC. ET AL. Company insiders that have bought First Busey stock in the last two years include David J Downey, Jon D Stewart, Robin N Elliott, Stanley J Bradshaw, Stephen V King and Thomas G Sloan.
How do I buy First Busey stock?
Shares of First Busey can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of First Busey stock cost?
One share of First Busey stock can currently be purchased for approximately $28.88.
First Busey (BUSE) Chart for Saturday, March, 25, 2017