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. The company operates in three segments: Banking, Remittance Processing, and Wealth Management. It offers customary types of demand and savings deposits; and commercial, agricultural, commercial and residential real estate, and consumer loans, as well as home equity lines of credit. The company also provides money transfer, safe deposit, IRA, Keogh and other fiduciary, ATM and technology-based networks, and online and mobile banking services. In addition, it offers investment management, trust, estate advisory, and financial planning services, as well as business succession planning, and employee retirement planning services; investment strategy consulting and fiduciary services; and security brokerage services. Further, the company provides pay processing solutions, such as walk-in payment processing for payments delivered by customers to retail pay agents; online bill payment solutions for payments made by customers on a billing company's Website; customer service payments for payments accepted over the telephone; direct debit services; electronic concentration of payments delivered by the automated clearing house network; money management software and credit card networks; and lockbox remittance processing of payments delivered by mail. It has 28 banking centers in Illinois; 7 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:BUSE
CUSIP31938310
Phone217-365-4544
Debt
Debt-to-Equity Ratio0.24
Current Ratio0.89
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio17.90
Forward P/E Ratio14.85
P/E Growth2.45
Sales & Book Value
Annual Sales$308.78 million
Price / Sales5.13
Cash Flow$1.6449 per share
Price / Cash19.77
Book Value$19.23 per share
Price / Book1.69
Profitability
EPS (Most Recent Fiscal Year)$1.61
Net Income$62.72 million
Net Margins20.74%
Return on Equity9.93%
Return on Assets1.18%
Miscellaneous
Employees1,347
Outstanding Shares48,720,000
Market Cap$1,569.89
First Busey (NASDAQ:BUSE) Frequently Asked Questions
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 declared a quarterly dividend on Tuesday, July 10th. Shareholders of record on Friday, July 20th will be given a dividend of $0.20 per share on Friday, July 27th. This represents a $0.80 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend is Thursday, July 19th. View First Busey's Dividend History.
How were First Busey's earnings last quarter?
First Busey Co. (NASDAQ:BUSE) issued its earnings results on Tuesday, April, 24th. The bank reported $0.45 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.07. The bank earned $82.24 million during the quarter, compared to analysts' expectations of $84.98 million. First Busey had a net margin of 20.74% and a return on equity of 9.93%. View First Busey's Earnings History.
When is First Busey's next earnings date?
What price target have analysts set for BUSE?
4 Wall Street analysts have issued 1 year target prices for First Busey's stock. Their predictions range from $32.00 to $36.00. On average, they expect First Busey's stock price to reach $33.75 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Ratings for First Busey.
What is the consensus analysts' recommendation for First Busey?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Busey in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of First Busey's key competitors?
Some companies that are related to First Busey include Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB), Associated Banc (ASB), Popular (BPOP), Texas Capital Bancshares (TCBI), Hancock (HBHC), IBERIABANK (IBKC), Chemical Financial (CHFC), Home Bancshares (HOMB), First Hawaiian Bank (FHB), Investors Bancorp (ISBC) and United Bankshares (UBSI).
Who are First Busey's key executives?
First Busey's management team includes the folowing people:
- Mr. Van A. Dukeman, Pres, CEO & Director (Age 59)
- Mr. Robin N. Elliott, Exec. VP, CFO & COO (Age 41)
- Mr. Robert F. Plecki Jr., Exec. VP & Chief Credit Officer (Age 58)
- Ms. Amy L. Randolph, Exec. VP of Pillar Relations & Chief of Staff (Age 43)
- Mr. Christopher M. Shroyer, Pres & CEO of Busey Bank (Age 52)
Has First Busey been receiving favorable news coverage?
News stories about BUSE stock have trended positive recently, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Busey earned a media sentiment score of 0.26 on Accern's scale. They also assigned news coverage about the bank an impact score of 46.73 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
How do I buy shares of First Busey?
Shares of BUSE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Busey's stock price today?
One share of BUSE stock can currently be purchased for approximately $32.52.
How big of a company is First Busey?
First Busey has a market capitalization of $1.57 billion and generates $308.78 million in revenue each year. The bank earns $62.72 million in net income (profit) each year or $1.61 on an earnings per share basis. First Busey employs 1,347 workers across the globe.
How can I contact First Busey?
First Busey's mailing address is 100 W. University Avenue, Champaign IL, 61820. The bank can be reached via phone at 217-365-4544 or via email at [email protected]
MarketBeat Community Rating for First Busey (NASDAQ BUSE)
MarketBeat's community ratings are surveys of what our community members think about First Busey and other stocks. Vote "Outperform" if you believe BUSE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BUSE will underperform the S&P 500 over the long term. You may vote once every thirty days.
