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
Current SymbolNASDAQ:BUSE
Previous Symbol
CUSIP31938310
Phone217-365-4544
Debt
Debt-to-Equity Ratio0.23
Current Ratio0.87
Quick Ratio0.86
Price-To-Earnings
Trailing P/E Ratio17.30
Forward P/E Ratio13.14
P/E Growth2.21
Sales & Book Value
Annual Sales$308.78 million
Price / Sales4.41
Cash Flow$1.6179 per share
Price / Cash17.22
Book Value$19.90 per share
Price / Book1.40
Profitability
EPS (Most Recent Fiscal Year)$1.61
Net Income$62.72 million
Net Margins23.02%
Return on Equity10.29%
Return on Assets1.25%
Miscellaneous
Employees1,347
Outstanding Shares48,860,000
Market Cap$1.37 billion
OptionableOptionable
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, October 9th. Shareholders of record on Friday, October 19th will be given a dividend of $0.20 per share on Friday, October 26th. This represents a $0.80 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date is Thursday, October 18th. 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, October, 23rd. The bank reported $0.55 EPS for the quarter, meeting analysts' consensus estimates of $0.55. The bank had revenue of $82.63 million for the quarter, compared to analyst estimates of $85.16 million. First Busey had a net margin of 23.02% and a return on equity of 10.29%. View First Busey's Earnings History.
When is First Busey's next earnings date?
What price target have analysts set for BUSE?
4 brokers have issued 12 month price targets for First Busey's stock. Their predictions range from $31.00 to $33.00. On average, they anticipate First Busey's stock price to reach $32.00 in the next year. This suggests a possible upside of 14.9% from the stock's current price. View Analyst Price Targets 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 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Busey.
Has First Busey been receiving favorable news coverage?
Media headlines about BUSE stock have trended neutral recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. First Busey earned a news sentiment score of 0.5 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.
Who are some of First Busey's key competitors?
Some companies that are related to First Busey include First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), Wintrust Financial (WTFC), Investors Bancorp (ISBC), First Financial Bankshares (FFIN), IBERIABANK (IBKC), Associated Banc (ASB), Glacier Bancorp (GBCI), United Bankshares (UBSI), First Hawaiian (FHB), Home Bancshares (HOMB), Bank Ozk (OZK), Bank of Hawaii (BOH) and Chemical Financial (CHFC).
Who are First Busey's key executives?
First Busey's management team includes the folowing people:
- Mr. Robin N. Elliott, Exec. VP, CFO & COO (Age 41)
- Mr. Van A. Dukeman, Pres, CEO & Director (Age 59)
- Ms. Jennifer L. Simons, Chief Accounting Officer & Exec. VP (Age 58)
- Mr. Howard F. Mooney II, Exec. VP & Chief Information Officer (Age 53)
- Mr. John Joseph Powers, Exec. VP & Gen. Counsel (Age 62)
Who are First Busey's major shareholders?
First Busey's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.09%), Dimensional Fund Advisors LP (4.46%), Deprince Race & Zollo Inc. (1.93%), Renaissance Technologies LLC (1.84%), Thomson Horstmann & Bryant Inc. (1.10%) and United Services Automobile Association (0.95%). Company insiders that own First Busey stock include Curt A Anderson, George Barr and Jon D Stewart. View Institutional Ownership Trends for First Busey.
Which institutional investors are selling First Busey stock?
BUSE stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, ClariVest Asset Management LLC, Cornerstone Wealth Management LLC, Credit Suisse AG, LSV Asset Management, AQR Capital Management LLC, Rice Hall James & Associates LLC and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for First Busey.
Which institutional investors are buying First Busey stock?
BUSE stock was acquired by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Russell Investments Group Ltd., Renaissance Technologies LLC, Dimensional Fund Advisors LP, BlackRock Inc., Comerica Bank, Thomson Horstmann & Bryant Inc. and Blair William & Co. IL. View Insider Buying and Selling for First Busey.
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 $27.86.
How big of a company is First Busey?
First Busey has a market capitalization of $1.37 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.
What is First Busey's official website?
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.
