NASDAQ:BUSE - First Busey Stock Price, News, & Analysis

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$26.08 -0.26 (-0.99 %)
(As of 12/13/2018 10:28 AM ET)
Previous Close$26.34
Today's Range$26.05 - $26.49
52-Week Range$25.61 - $33.25
Volume7,927 shs
Average Volume98,748 shs
Market Capitalization$1.27 billion
P/E Ratio16.20
Dividend Yield3.07%
Beta1
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.

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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 Ratio16.20
Forward P/E Ratio12.30
P/E Growth2.05

Sales & Book Value

Annual Sales$308.78 million
Price / Sales4.13
Cash Flow$1.6320 per share
Price / Cash Flow15.98
Book Value$19.23 per share
Price / Book1.36

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$1.27 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. Investors of record on Friday, October 19th will be paid a dividend of $0.20 per share on Friday, October 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.04%. 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) announced its earnings results on Tuesday, October, 23rd. The bank reported $0.55 EPS for the quarter, meeting the Zacks' consensus estimate of $0.55. The bank earned $82.63 million during the quarter, compared to the consensus estimate of $85.16 million. First Busey had a return on equity of 10.29% and a net margin of 23.02%. View First Busey's Earnings History.

When is First Busey's next earnings date?

First Busey is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for First Busey.

What price target have analysts set for BUSE?

4 analysts have issued 1 year price targets for First Busey's stock. Their forecasts range from $31.00 to $33.00. On average, they anticipate First Busey's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 21.5% 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?

News articles about BUSE stock have been trending very positive this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. First Busey earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of First Busey's key competitors?

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%), Vanguard Group Inc. (4.08%), Deprince Race & Zollo Inc. (1.93%), Renaissance Technologies LLC (1.84%) and Thomson Horstmann & Bryant Inc. (1.10%). 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, Nordea Investment Management AB, Cornerstone Wealth Management LLC, Credit Suisse AG, LSV Asset Management, AQR Capital Management LLC and Rice Hall James & Associates LLC. View Insider Buying and Selling for First Busey.

Which institutional investors are buying First Busey stock?

BUSE stock was bought 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, Vanguard Group Inc. and Thomson Horstmann & Bryant Inc.. 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 $26.34.

How big of a company is First Busey?

First Busey has a market capitalization of $1.27 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?

The official website for First Busey is http://www.busey.com.

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)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  514
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.
This page was last updated on 12/13/2018 by MarketBeat.com Staff

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