First Busey Corporation Company Profile (NASDAQ:BUSE)

About First Busey Corporation (NASDAQ:BUSE)

First Busey Corporation logoFirst 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, philanthropic advisory services and farm and brokerage services. The Company conducts the business of banking and related services through Busey Bank. The Company's subsidiaries also include First Community Financial Bank.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:BUSE
  • CUSIP: 31938310
  • Web:
  • Market Cap: $1.46 billion
  • Outstanding Shares: 45,449,000
Average Prices:
  • 50 Day Moving Avg: $30.30
  • 200 Day Moving Avg: $29.54
  • 52 Week Range: $22.50 - $32.22
  • Trailing P/E Ratio: 21.19
  • Foreward P/E Ratio: 15.94
  • P/E Growth: 3.05
Sales & Book Value:
  • Annual Revenue: $248.52 million
  • Price / Sales: 5.86
  • Book Value: $16.03 per share
  • Price / Book: 2.00
  • Annual Dividend: $0.72
  • Dividend Yield: 2.3%
  • Net Margins: 22.04%
  • Return on Equity: 10.59%
  • Return on Assets: 1.16%
  • Debt-to-Equity Ratio: 0.41%
  • Current Ratio: 0.94%
  • Quick Ratio: 0.90%
  • Average Volume: 126,834 shs.
  • Beta: 1.01
  • Short Ratio: 2.79

Frequently Asked Questions for First Busey Corporation (NASDAQ:BUSE)

What is First Busey Corporation's stock symbol?

First Busey Corporation trades on the NASDAQ under the ticker symbol "BUSE."

How often does First Busey Corporation pay dividends? What is the dividend yield for First Busey Corporation?

First Busey Corporation announced a quarterly dividend on Thursday, October 12th. Investors of record on Friday, October 20th will be given a dividend of $0.18 per share on Friday, October 27th. This represents a $0.72 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Thursday, October 19th. View First Busey Corporation's Dividend History.

How were First Busey Corporation's earnings last quarter?

First Busey Corporation (NASDAQ:BUSE) posted its quarterly earnings results on Tuesday, July, 25th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.02. The firm had revenue of $62.43 million for the quarter, compared to analyst estimates of $63.40 million. First Busey Corporation had a return on equity of 10.59% and a net margin of 22.04%. View First Busey Corporation's Earnings History.

When will First Busey Corporation make its next earnings announcement?

First Busey Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for First Busey Corporation.

Where is First Busey Corporation's stock going? Where will First Busey Corporation's stock price be in 2017?

3 equities research analysts have issued 1-year price targets for First Busey Corporation's shares. Their forecasts range from $31.00 to $32.00. On average, they anticipate First Busey Corporation's stock price to reach $31.67 in the next year. View Analyst Ratings for First Busey Corporation.

What are analysts saying about First Busey Corporation stock?

Here are some recent quotes from research analysts about First Busey Corporation 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. " (10/3/2017)
  • 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 are some of First Busey Corporation's key competitors?

Who are First Busey Corporation's key executives?

First Busey Corporation's management team includes the folowing people:

  • Gregory B. Lykins, Chairman of the Board
  • Van A. Dukeman, President, Chief Executive Officer, Director
  • Robin N. Elliott, Chief Financial Officer, Chief Operating Officer
  • Curt A. Anderson, President and Chief Executive Officer of Busey Wealth Management
  • Christopher M. Shroyer, President and Chief Executive Officer of Busey Bank
  • Amy L. Randolph, Executive Vice President, Chief Brand Officer
  • Howard F. Mooney II, Chief Information Officer; President and Chief Executive Officer of FirsTech, Inc.
  • Barbara J. Harrington, Chief Risk Officer
  • John J. Powers, General Counsel
  • Robert F. Plecki Jr., Chief Credit Officer

How do I buy First Busey Corporation stock?

Shares of First Busey Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Busey Corporation's stock price today?

One share of First Busey Corporation stock can currently be purchased for approximately $32.04.

MarketBeat Community Rating for First Busey Corporation (NASDAQ BUSE)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  96 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  271
MarketBeat's community ratings are surveys of what our community members think about First Busey Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for First Busey Corporation (NASDAQ:BUSE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $31.67 (1.17% downside)
Consensus Price Target History for First Busey Corporation (NASDAQ:BUSE)
Price Target History for First Busey Corporation (NASDAQ:BUSE)
Analysts' Ratings History for First Busey Corporation (NASDAQ:BUSE)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/25/2017Piper Jaffray CompaniesSet Price TargetHold$32.00LowView Rating Details
5/26/2017Keefe, Bruyette & WoodsReiterated RatingHold$31.00N/AView Rating Details
1/30/2017FBR & CoReiterated RatingMarket Perform$32.00N/AView Rating Details
4/7/2016DA DavidsonInitiated CoverageBuy$23.00N/AView Rating Details
1/27/2016MacquarieLower Price TargetNeutral$22.00 -> $20.00N/AView Rating Details
12/21/2015StephensInitiated CoverageOverweightN/AView Rating Details
12/8/2015KeyCorpReiterated RatingHold$21.00 -> $23.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for First Busey Corporation (NASDAQ:BUSE)
Earnings by Quarter for First Busey Corporation (NASDAQ:BUSE)
Earnings History by Quarter for First Busey Corporation (NASDAQ BUSE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.45N/AView Earnings Details
7/25/2017Q2 2017$0.42$0.43$63.40 million$62.43 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.41$0.41$62.83 million$62.03 millionViewN/AView Earnings Details
10/25/2016Q316$0.40$0.40$63.08 million$64.88 millionViewN/AView Earnings Details
7/28/2016Q2$0.37$0.40$55.88 million$56.53 millionViewN/AView Earnings Details
4/26/2016Q1$0.36$0.36$45.46 million$44.79 millionViewN/AView Earnings Details
1/26/2016Q415$0.36$0.36$44.63 million$45.91 millionViewN/AView Earnings Details
10/27/2015Q3$0.34$0.36$43.97 million$44.08 millionViewN/AView Earnings Details
7/21/2015Q2$0.11$0.11$43.78 million$43.97 millionViewN/AView Earnings Details
1/27/2015Q414$0.10$0.08$40.70 million$40.83 millionViewN/AView Earnings Details
10/21/2014Q314$0.10$0.10$40.83 million$40.12 millionViewN/AView Earnings Details
7/22/2014Q214$0.09$0.09$40.66 million$40.03 millionViewN/AView Earnings Details
4/22/2014Q1 14$0.09$0.09$40.32 million$39.54 millionViewN/AView Earnings Details
1/28/2014Q413$0.08$0.07ViewN/AView Earnings Details
10/29/2013Q313$0.08$0.08$41.41 millionViewN/AView Earnings Details
7/23/2013Q2 2013$0.06$0.08$41.19 millionViewN/AView Earnings Details
1/29/2013Q4 2012$0.05$0.05$41.85 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for First Busey Corporation (NASDAQ:BUSE)
2017 EPS Consensus Estimate: $1.73
2018 EPS Consensus Estimate: $2.00
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.38$0.42$0.40
Q2 20173$0.41$0.43$0.42
Q3 20173$0.42$0.47$0.44
Q4 20173$0.45$0.51$0.47
Q1 20183$0.45$0.50$0.47
Q2 20183$0.48$0.50$0.49
Q3 20183$0.50$0.53$0.52
Q4 20183$0.52$0.54$0.53
(Data provided by Zacks Investment Research)


Current Dividend Information for First Busey Corporation (NASDAQ:BUSE)
Next Dividend:10/27/2017
Annual Dividend:$0.72
Dividend Yield:2.25%
Payout Ratio:47.37% (Trailing 12 Months of Earnings)
41.62% (Based on This Year's Estimates)
35.82% (Based on Next Year's Estimates)
Dividend Payments by Quarter for First Busey Corporation (NASDAQ:BUSE)

Dividend History by Quarter for First Busey Corporation (NASDAQ BUSE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for First Busey Corporation (NASDAQ:BUSE)
Insider Ownership Percentage: 9.60%
Institutional Ownership Percentage: 45.83%
Insider Trades by Quarter for First Busey Corporation (NASDAQ:BUSE)
Institutional Ownership by Quarter for First Busey Corporation (NASDAQ:BUSE)
Insider Trades by Quarter for First Busey Corporation (NASDAQ:BUSE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/6/2017Jon D StewartDirectorBuy280$31.76$8,892.80View SEC Filing  
10/2/2017Jon D StewartDirectorBuy235$31.36$7,369.60View SEC Filing  
8/2/2017Curt A AndersonInsiderSell1,400$29.40$41,160.00View SEC Filing  
7/3/2017Jon D StewartDirectorBuy250$29.81$7,452.50View SEC Filing  
1/9/2017Jon D StewartDirectorBuy256$30.27$7,749.12View SEC Filing  
12/22/2016Jon D StewartDirectorBuy19$30.30$575.70View SEC Filing  
10/5/2016Jon D StewartDirectorBuy380$22.13$8,409.40View SEC Filing  
8/8/2016Thomas G SloanDirectorBuy458$23.90$10,946.20View SEC Filing  
7/29/2016Stanley J BradshawDirectorBuy1,603$22.97$36,820.91View SEC Filing  
7/1/2016Jon D StewartDirectorBuy305$21.16$6,453.80View SEC Filing  
5/2/2016David J DowneyDirectorBuy7,500$20.60$154,500.00View SEC Filing  
4/11/2016Jon D StewartDirectorBuy330$20.02$6,606.60View SEC Filing  
3/11/2016Stephen V KingDirectorBuy7,000$20.08$140,560.00View SEC Filing  
1/12/2016Jon D StewartDirectorBuy318$20.29$6,452.22View SEC Filing  
9/15/2015Robin N ElliottCFOBuy2,000$18.16$36,320.00View SEC Filing  
9/11/2015Robin N. ElliottCFOBuy11,300$18.02$203,626.00View SEC Filing  
7/6/2015Jon D StewartDirectorBuy1,015$6.45$6,546.75View SEC Filing  
3/9/2015Howard F MooneyCEOBuy7,770$6.45$50,116.50View SEC Filing  
11/7/2014Stephen V KingDirectorBuy15,000$6.41$96,150.00View SEC Filing  
11/6/2014Stephen V KingDirectorBuy35,000$6.36$222,600.00View SEC Filing  
12/10/2013V LeisterDirectorSell4,500$5.74$25,830.00View SEC Filing  
11/7/2013E Phillips KnoxDirectorSell3,100$5.40$16,740.00View SEC Filing  
2/11/2013Stephen V KingDirectorBuy26,353$4.52$119,115.56View SEC Filing  
2/7/2013Stephen V KingDirectorBuy26,350$4.46$117,521.00View SEC Filing  
2/6/2013Stephen V KingDirectorBuy57,124$4.54$259,342.96View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for First Busey Corporation (NASDAQ:BUSE)
Latest Headlines for First Busey Corporation (NASDAQ:BUSE)
DateHeadline logoFirst Busey Corporation (BUSE) Scheduled to Post Earnings on Tuesday - October 17 at 2:58 AM logoETFs with exposure to First Busey Corp. : October 16, 2017 - October 16 at 5:31 PM logoFirst Busey Corporation (BUSE) Receives Consensus Rating of "Hold" from Analysts - October 15 at 2:28 AM logoIs First Busey Corporation (BUSE) A Sell At Its Current Price? - October 13 at 5:26 PM logoHead to Head Survey: First Busey Corporation (BUSE) & Its Peers - October 13 at 8:26 AM logoFirst Busey Corporation (BUSE) Announces $0.18 Quarterly Dividend - October 12 at 5:18 PM logo Analysts Expect First Busey Corporation (BUSE) Will Post Quarterly Sales of $76.94 Million - October 10 at 1:02 PM logoFirst Busey Corporation (BUSE) Expected to Announce Earnings of $0.46 Per Share - October 8 at 2:12 AM logoFirst Busey Corporation (BUSE) to Post Q3 2017 Earnings of $0.47 Per Share, DA Davidson Forecasts - October 5 at 6:52 AM logoETFs with exposure to First Busey Corp. : October 4, 2017 - October 4 at 12:48 PM logoFirst Busey Corp. :BUSE-US: Earnings Analysis: Q2, 2017 By the Numbers : October 3, 2017 - October 3 at 4:39 PM logoFirst Busey Corporation Finalizes Acquisition of Mid Illinois Bancorp, Inc. and South Side Trust & Savings Bank of Peoria - October 2 at 11:03 AM logoFirst Busey Corporation (BUSE) Given Consensus Rating of "Hold" by Analysts - September 20 at 2:30 AM logoFirst Busey's executive compensation, stock ownership and more - September 15 at 5:14 PM logoFirst Busey Corp. breached its 50 day moving average in a Bullish Manner : BUSE-US : September 13, 2017 - September 13 at 6:00 PM logoFirst Busey Corporation (BUSE) Given Consensus Rating of "Hold" by Brokerages - August 26 at 2:34 AM logoFirst Busey Corp. : BUSE-US: Dividend Analysis : July 21st, 2017 (record date) : By the numbers : August 25, 2017 - August 25 at 6:34 PM logoFirst Busey Corp. – Value Analysis (NASDAQ:BUSE) : August 14, 2017 - August 14 at 10:18 PM logoFirst Busey Corporation (NASDAQ:BUSE) Expected to Post Earnings of $0.46 Per Share - August 13 at 8:56 AM logoSee what the IHS Markit Score report has to say about First Busey Corp. - August 10 at 3:02 AM logoFirst Busey Corporation (NASDAQ:BUSE) to Post FY2017 Earnings of $1.73 Per Share, FIG Partners Forecasts - August 3 at 10:44 AM logoFirst Busey Corporation (NASDAQ:BUSE) Insider Sells $41,160.00 in Stock - August 2 at 4:28 PM logoFIG Partners Analysts Decrease Earnings Estimates for First Busey Corporation (NASDAQ:BUSE) - August 2 at 7:48 AM logoFirst Busey Corporation (NASDAQ:BUSE) Receives Average Recommendation of "Hold" from Analysts - August 1 at 8:01 AM logoForm 4 FIRST BUSEY CORP /NV/ For: Jul 28 - July 31 at 4:50 PM logoFirst Busey Corp. breached its 50 day moving average in a Bearish Manner : BUSE-US : July 31, 2017 - July 31 at 4:50 PM logoFirst Busey Corporation (NASDAQ:BUSE) Short Interest Down 44.3% in July - July 29 at 7:15 AM logo$76.31 Million in Sales Expected for First Busey Corporation (NASDAQ:BUSE) This Quarter - July 28 at 9:34 PM logoBRIEF-First Busey Corp appointed George Barr as a director - July 28 at 6:21 PM logoShort Interest In First Busey Falls 44.3% - July 27 at 3:55 AM logoFirst Busey Corporation (NASDAQ:BUSE) PT Set at $32.00 by Piper Jaffray Companies - July 26 at 11:59 PM logoFirst Busey Corporation (NASDAQ:BUSE) Announces Earnings Results - July 26 at 12:30 PM logoFirst Busey Corporation (BUSE) Expected to Post Earnings of $0.42 Per Share - July 26 at 8:53 AM logoFirst Busey Announces 2017 Second Quarter Earnings - July 25 at 9:42 PM logoFirst Busey beats 2Q profit forecasts - July 25 at 9:42 PM logoFirst Busey Corp. breached its 50 day moving average in a Bearish Manner : BUSE-US : July 17, 2017 - July 17 at 5:11 PM logoFirst Busey Corporation (NASDAQ:BUSE) Plans $0.18 Quarterly Dividend - July 13 at 10:46 AM logoETFs with exposure to First Busey Corp. : July 12, 2017 - July 12 at 5:25 PM logoThe Remaking of Donald Trump - July 8 at 9:29 AM logoFirst Busey Corporation (NASDAQ:BUSE) Given Average Rating of "Hold" by Analysts - July 7 at 10:50 AM logoFirst Busey Corp. breached its 50 day moving average in a Bearish Manner : BUSE-US : July 3, 2017 - July 3 at 4:51 PM logo$63.40 Million in Sales Expected for First Busey Corporation (BUSE) This Quarter - July 1 at 7:38 AM logoFirst Busey meets 1Q profit forecasts - April 25 at 5:52 PM logoBRIEF-First Busey Corp, mid Illinois Bancorp to merge for about $133.4 mln - March 14 at 10:06 AM logo5:01 pm First Busey Corp to acquire Mid Illinois Bancorp for approximately $133.4 million - March 14 at 10:06 AM logoThis Bot's For You, How To Reprogram AI Bot Robots - March 9 at 4:39 PM logoFIRST BUSEY CORP /NV/ Files SEC form 10-K, Annual Report - March 1 at 10:42 AM logoFirst Busey makes another acquisition - February 8 at 4:17 PM logoFIRST BUSEY CORP /NV/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stateme - February 8 at 4:17 PM logoForm 4 FIRST BUSEY CORP /NV/ For: Dec 31 Filed by: DUKEMAN VAN A - - February 7 at 5:07 PM



First Busey Corporation (BUSE) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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