First Busey (BUSE) Financials

$23.29 -0.08 (-0.34%)

Closing price 04:00 PM Eastern

Extended Trading

$23.29 0.00 (0.00%)

As of 04:10 PM Eastern

Annual Income Statements for First Busey

This table shows First Busey's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	32	38	50	63	99	103	100	123	128	123	114
Consolidated Net Income / (Loss)	33	39	50	63	99	103	100	123	128	123	114
Net Income / (Loss) Continuing Operations	33	39	50	63	99	103	100	123	128	123	114
Total Pre-Tax Income	50	60	76	108	134	134	128	157	162	154	153
Total Revenue	161	177	230	288	331	404	401	404	450	442	462
Net Interest Income / (Expense)	102	112	155	203	241	287	283	271	324	321	323
Total Interest Income	108	118	165	224	286	356	327	299	360	481	524
Loans and Leases Interest Income	92	100	148	203	251	304	285	252	287	386	426
Investment Securities Interest Income	16	18	17	20	32	46	40	46	70	84	75
Other Interest Income	-	-	-	1.44	2.49	6.32	1.72	1.15	3.10	11	22
Total Interest Expense	6.50	6.21	10	21	45	69	44	28	37	160	201
Deposits Interest Expense	5.12	4.76	7.07	13	33	55	31	13	16	124	178
Short-Term Borrowings Interest Expense	-	0.01	0.64	1.10	1.54	1.04	0.23	0.28	1.65	13	0.70
Long-Term Debt Interest Expense	1.19	1.26	2.13	5.93	8.86	11	12	15	17	18	18
Federal Funds Purchased and Securities Sold Interest Expense	0.19	0.18	0.39	0.98	1.63	2.35	0.66	0.23	1.48	5.20	4.31
Total Non-Interest Income	59	65	75	84	90	116	118	133	127	121	140
Other Service Charges	20	3.59	4.34	5.31	6.19	8.05	8.36	10	123	10	14
Net Realized & Unrealized Capital Gains on Investments	6.92	7.55	13	12	5.88	12	14	10	-0.24	-1.11	3.70
Other Non-Interest Income	9.42	30	58	67	78	97	96	112	3.66	112	122
Provision for Credit Losses	2.00	1.60	5.55	5.30	4.43	10	39	-15	4.62	2.40	8.59
Total Non-Interest Expense	108	115	148	174	193	259	234	262	284	286	300
Salaries and Employee Benefits	61	64	78	96	108	140	127	145	159	163	176
Net Occupancy & Equipment Expense	24	27	36	38	38	49	44	49	48	49	53
Property & Liability Insurance Claims	-	-	-	-	-	-	-	3.08	4.06	5.65	5.60
Other Operating Expenses	20	22	29	36	41	60	54	54	61	58	56
Amortization Expense	2.88	3.19	4.44	5.25	5.85	9.55	10	11	12	10	10
Income Tax Expense	18	21	27	45	35	31	28	33	33	31	40
Basic Earnings per Share	$1.11	$1.32	$1.42	$1.47	$2.02	$1.88	$1.84	$2.23	$2.32	$2.21	$2.01
Weighted Average Basic Shares Outstanding	28.97M	28.93M	35.08M	42.69M	48.85M	54.54M	54.40M	55.29M	55.29M	55.25M	56.96M
Diluted Earnings per Share	$1.10	$1.32	$1.40	$1.45	$2.01	$1.87	$1.83	$2.20	$2.29	$2.18	$1.98
Weighted Average Diluted Shares Outstanding	28.97M	28.93M	35.08M	42.69M	48.85M	54.54M	54.40M	55.29M	55.29M	55.25M	56.96M
Weighted Average Basic & Diluted Shares Outstanding	28.97M	28.93M	35.08M	42.69M	48.85M	54.54M	54.40M	55.29M	55.29M	55.25M	56.96M
Cash Dividends to Common per Share	$0.57	$0.62	$0.68	$0.72	$0.80	$0.84	$0.88	$0.92	$0.92	$0.96	$0.96

This table shows First Busey's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	34	37	29	31	26	26	27	32	28	-30	47
Consolidated Net Income / (Loss)	34	37	29	31	26	26	27	32	28	-30	47
Net Income / (Loss) Continuing Operations	34	37	29	31	26	26	27	32	28	-30	47
Total Pre-Tax Income	46	46	37	37	33	35	38	43	37	-33	65
Total Revenue	120	118	107	109	109	111	116	118	117	125	198
Net Interest Income / (Expense)	91	86	79	78	78	76	83	83	82	104	153
Total Interest Income	106	111	117	123	130	126	132	135	132	167	247
Loans and Leases Interest Income	85	90	95	100	101	99	110	111	106	140	214
Investment Securities Interest Income	20	20	21	21	22	20	19	18	18	20	26
Other Interest Income	1.38	0.99	1.31	1.59	6.64	6.47	3.03	5.09	7.85	7.58	7.46
Total Interest Expense	15	25	38	45	52	50	49	52	50	63	94
Deposits Interest Expense	8.28	15	27	37	45	44	44	47	44	57	88
Short-Term Borrowings Interest Expense	1.22	4.82	5.74	1.96	0.25	0.23	0.42	0.03	0.03	0.07	0.50
Long-Term Debt Interest Expense	4.43	4.46	4.50	4.52	4.48	4.39	4.24	4.32	4.65	4.83	4.73
Federal Funds Purchased and Securities Sold Interest Expense	0.81	1.22	1.22	1.33	1.43	1.37	1.04	0.98	0.92	0.88	0.89
Total Non-Interest Income	29	32	28	31	30	35	34	36	35	21	45
Other Service Charges	86	3.59	29	3.02	-25	3.34	2.13	4.79	3.76	35	3.24
Net Realized & Unrealized Capital Gains on Investments	0.39	-0.33	-1.79	0.03	0.98	1.84	0.40	1.16	0.30	-15	6.77
Other Non-Interest Income	-57	29	1.03	28	55	30	31	30	31	1.45	35
Provision for Credit Losses	0.86	0.95	0.63	0.36	0.46	5.04	1.91	0.00	1.27	42	5.70
Total Non-Interest Expense	74	70	69	71	75	71	76	76	78	115	128
Salaries and Employee Benefits	42	40	40	40	43	42	43	45	45	68	78
Net Occupancy & Equipment Expense	12	12	12	12	12	13	13	13	13	17	24
Property & Liability Insurance Claims	-	1.50	1.51	1.48	1.17	1.40	1.46	1.41	1.33	2.17	2.42
Other Operating Expenses	15	14	13	15	16	12	15	14	16	25	18
Amortization Expense	2.80	2.73	2.67	2.56	2.48	2.41	2.63	2.55	2.47	3.08	4.59
Income Tax Expense	11	9.56	7.49	6.82	7.47	8.74	11	11	9.25	-2.68	17
Preferred Stock Dividends Declared	-	-	-	-	-	-	0.00	-	-	-	0.16
Basic Earnings per Share	$0.63	$0.66	$0.53	$0.55	$0.47	$0.47	$0.48	$0.56	$0.50	($0.44)	$0.53
Weighted Average Basic Shares Outstanding	55.29M	55.30M	55.28M	55.26M	55.25M	56.73M	56.92M	56.88M	56.96M	89.49M	89.65M
Diluted Earnings per Share	$0.61	$0.65	$0.52	$0.54	$0.47	$0.46	$0.47	$0.55	$0.50	($0.44)	$0.52
Weighted Average Diluted Shares Outstanding	55.29M	55.30M	55.28M	55.26M	55.25M	56.73M	57.85M	56.88M	56.96M	89.49M	90.88M
Weighted Average Basic & Diluted Shares Outstanding	55.29M	55.30M	55.28M	55.26M	55.25M	56.73M	56.85M	56.88M	56.96M	89.49M	89.07M

This table details how cash moves in and out of First Busey's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	108	-20	-153	277	-113	289	159	148	-609	492	-22
Net Cash From Operating Activities	68	62	-21	253	203	88	163	162	166	173	178
Net Cash From Continuing Operating Activities	68	62	-21	344	203	88	163	162	166	173	178
Net Income / (Loss) Continuing Operations	33	39	50	63	99	103	100	123	128	123	114
Consolidated Net Income / (Loss)	33	39	50	63	99	103	100	123	128	123	114
Provision For Loan Losses	2.00	1.60	5.55	5.30	4.43	10	39	-15	4.62	2.40	8.59
Depreciation Expense	5.57	5.70	7.30	8.62	9.56	12	12	12	10	9.49	9.50
Amortization Expense	10	10	3.89	1.36	5.15	14	12	24	41	35	26
Non-Cash Adjustments to Reconcile Net Income	3.04	3.41	-83	157	69	-41	20	34	36	12	9.42
Changes in Operating Assets and Liabilities, net	15	1.72	-4.27	18	15	-9.87	-20	-16	-55	-7.98	12
Net Cash From Investing Activities	-51	-134	150	-294	-55	57	-730	-829	-291	551	658
Net Cash From Continuing Investing Activities	-51	-134	150	-294	-55	57	-730	-831	-291	551	658
Purchase of Property, Leasehold Improvements and Equipment	-3.78	-4.11	-8.99	-15	-12	-13	-4.20	-5.04	-4.99	-9.53	-6.43
Purchase of Investment Securities	-310	-370	-184	-494	-392	-727	-1,295	-2,081	-308	-48	-253
Sale of Property, Leasehold Improvements and Equipment	0.08	0.31	2.49	2.22	0.32	0.42	0.81	7.31	4.53	4.43	2.25
Sale and/or Maturity of Investments	262	227	315	350	348	797	569	1,241	559	539	551
Other Investing Activities, net	-	-	-	-164	0.00	-0.00	-	-	-542	65	364
Net Cash From Financing Activities	91	53	-281	227	-260	144	726	815	-484	-232	-858
Net Cash From Continuing Financing Activities	91	53	-281	227	-260	144	726	814	-484	-232	-858
Net Change in Deposits	32	146	-142	-	124	216	776	767	-697	220	-702
Issuance of Debt	50	30	-	159	0.00	60	147	73	98	0.00	0.00
Repayment of Debt	-	-	-109	-40	-226	-31	-107	-19	217	-351	-67
Repurchase of Common Equity	-	-6.30	-	-0.37	0.00	-24	-12	-33	-9.91	-4.48	0.00
Payment of Dividends	-17	-19	-23	-31	-39	-45	-48	-51	-51	-53	-54
Other Financing Activities, Net	27	-26	-7.71	139	-120	-32	-30	77	-42	-43	-35
Cash Interest Paid	6.67	6.28	9.67	19	41	71	54	25	35	135	208
Cash Income Taxes Paid	6.40	17	20	26	23	25	22	22	31	25	13

This table details how cash moves in and out of First Busey's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	-120	48	-43	105	382	-129	-306	268	144	503	-448
Net Cash From Operating Activities	48	45	40	42	46	37	28	60	52	8.38	50
Net Cash From Continuing Operating Activities	48	45	40	42	46	37	28	60	52	8.38	50
Net Income / (Loss) Continuing Operations	34	37	29	31	26	26	27	32	28	-30	47
Consolidated Net Income / (Loss)	34	37	29	31	26	26	27	32	28	-30	47
Provision For Loan Losses	0.86	0.95	0.63	0.36	0.46	5.04	2.28	0.00	1.27	42	8.84
Depreciation Expense	2.45	2.37	2.32	2.36	2.44	2.38	2.47	2.33	2.32	2.65	3.43
Amortization Expense	5.46	9.68	14	11	1.21	7.29	6.30	6.22	5.74	3.30	-1.75
Non-Cash Adjustments to Reconcile Net Income	11	1.24	2.72	0.32	7.29	4.87	-4.45	0.32	8.68	14	-5.10
Changes in Operating Assets and Liabilities, net	-5.98	-5.74	-8.86	-2.31	8.92	-8.44	-5.48	19	6.19	-24	-3.31
Net Cash From Investing Activities	48	44	84	31	392	249	102	268	39	610	112
Net Cash From Continuing Investing Activities	48	44	84	31	392	249	102	268	39	610	112
Purchase of Property, Leasehold Improvements and Equipment	-0.98	-2.38	-2.14	-2.23	-2.78	-1.37	-2.15	-0.99	-1.93	-1.85	-3.32
Purchase of Investment Securities	471	-20	-103	-53	129	-1.03	44	186	-482	-336	309
Sale of Property, Leasehold Improvements and Equipment	0.35	0.28	3.58	0.02	0.54	0.04	1.30	-	0.91	0.00	0.00
Sale and/or Maturity of Investments	119	67	186	86	200	195	59	83	158	1,042	-247
Other Investing Activities, net	-	-	-	-	-	56	-	-	-	-93	54
Net Cash From Financing Activities	-216	-41	-167	32	-56	-415	-436	-60	53	-116	-610
Net Cash From Continuing Financing Activities	-216	-41	-167	32	-56	-415	-436	-60	53	-116	-610
Net Change in Deposits	-530	-270	262	270	-41	-331	-377	-33	39	-94	-657
Issuance of Debt	-	265	-400	-200	335	0.00	-36	-	36	17	-11
Issuance of Common Equity	-	-	-	-	-	0.00	-	-	-	0.62	0.41
Repayment of Debt	332	-3.17	-6.88	-3.00	-338	-30	-1.45	-	-36	-0.03	-125
Repurchase of Common Equity	-	-0.53	-0.40	-1.28	-2.27	0.00	-	-	-	-4.84	-22
Payment of Dividends	-13	-13	-13	-13	-13	-13	-14	-14	-14	-14	-23
Other Financing Activities, Net	-5.19	-19	-8.02	-20	3.59	-41	-8.22	-13	27	-20	20
Cash Interest Paid	16	20	36	34	46	52	57	38	62	43	106

This table presents First Busey's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	3,666	3,999	5,425	7,861	7,702	9,696	10,544	12,860	12,337	12,283	12,047
Cash and Due from Banks	339	319	167	118	129	137	119	103	118	135	129
Interest Bearing Deposits at Other Banks	-	-	-	229	111	393	570	733	110	585	568
Trading Account Securities	761	894	1,064	1,411	1,332	1,717	2,304	4,005	3,381	2,963	2,641
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7,634	7,559	7,614
Premises and Equipment, Net	64	63	78	117	118	151	135	136	127	123	119
Goodwill	21	26	103	269	268	312	312	318	318	318	334
Intangible Assets	6.69	7.43	18	39	33	62	52	58	46	36	32
Other Assets	2,463	2,690	3,995	5,671	5,712	6,925	7,053	7,506	604	566	610
Total Liabilities & Shareholders' Equity	3,666	3,999	5,425	7,861	7,702	9,696	10,544	12,860	12,337	12,283	12,047
Total Liabilities	3,232	3,626	4,831	6,926	6,707	8,475	9,274	11,541	11,191	11,011	10,663
Non-Interest Bearing Deposits	667	882	1,134	1,597	1,465	1,833	2,552	3,670	3,394	2,835	2,720
Interest Bearing Deposits	2,234	2,407	3,240	4,529	4,785	6,070	6,126	7,098	6,678	7,457	7,263
Short-Term Debt	199	173	264	525	186	214	180	288	581	199	156
Long-Term Debt	105	135	151	225	220	254	298	340	324	313	303
Other Long-Term Liabilities	27	29	42	50	52	105	118	144	215	208	223
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	434	373	594	935	995	1,220	1,270	1,319	1,146	1,272	1,383
Total Preferred & Common Equity	434	373	594	935	995	1,220	1,270	1,319	1,146	1,272	1,383
Preferred Stock	73	-	-	-	-	-	-	-	-	-	0.00
Total Common Equity	361	373	594	935	995	1,220	1,270	1,319	1,146	1,272	1,383
Common Stock	594	591	782	1,085	1,080	1,248	1,253	1,317	1,321	1,324	1,361
Retained Earnings	-210	-190	-164	-132	-72	-15	21	92	169	237	294
Treasury Stock	-28	-30	-24	-15	-6.19	-28	-37	-67	-71	-70	-64
Accumulated Other Comprehensive Income / (Loss)	5.82	2.34	0.04	-2.81	-6.81	15	33	-24	-273	-219	-207

This table presents First Busey's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	12,356	12,497	12,345	12,209	12,258	11,887	11,971	11,987	19,464	18,919
Cash and Due from Banks	131	121	127	142	123	93	131	150	191	216
Interest Bearing Deposits at Other Banks	100	226	149	91	215	498	154	404	1,010	536
Trading Account Securities	3,702	3,499	3,294	3,179	3,069	2,767	2,692	2,669	3,097	3,031
Loans and Leases, Net of Allowance	0.00	0.00	0.00	7,714	7,764	7,497	7,914	7,724	13,673	13,625
Premises and Equipment, Net	131	128	127	123	123	122	122	120	182	181
Goodwill	318	318	318	318	318	318	333	333	385	382
Intangible Assets	52	49	44	41	38	34	37	35	111	106
Other Assets	7,922	8,156	8,287	602	608	560	588	552	816	840
Total Liabilities & Shareholders' Equity	12,356	12,497	12,345	12,209	12,258	11,887	11,971	11,987	19,464	18,919
Total Liabilities	11,194	11,391	11,146	11,007	11,068	10,605	10,638	10,584	17,285	16,506
Non-Interest Bearing Deposits	3,505	3,628	3,174	3,087	2,919	2,784	2,833	2,684	3,693	3,590
Interest Bearing Deposits	6,892	6,973	6,627	6,976	7,414	7,176	7,143	7,260	12,766	12,211
Short-Term Debt	245	251	827	415	196	147	140	128	149	158
Long-Term Debt	389	327	321	318	316	295	302	302	384	267
Other Long-Term Liabilities	163	212	197	211	224	202	219	210	293	279
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,162	1,107	1,199	1,202	1,190	1,283	1,334	1,403	2,180	2,413
Total Preferred & Common Equity	1,162	1,107	1,199	1,202	1,190	1,283	1,334	1,403	2,180	2,413
Preferred Stock	-	-	-	-	-	-	-	-	-	0.00
Total Common Equity	1,162	1,107	1,199	1,202	1,190	1,283	1,334	1,403	2,180	2,413
Common Stock	1,318	1,320	1,322	1,325	1,324	1,325	1,360	1,359	2,167	2,378
Retained Earnings	125	147	192	208	225	248	262	280	249	274
Treasury Stock	-69	-72	-70	-70	-68	-69	-68	-65	-64	-84
Accumulated Other Comprehensive Income / (Loss)	-211	-289	-246	-261	-291	-222	-220	-171	-173	-155

This table displays calculated financial ratios and metrics derived from First Busey's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.31%	10.02%	30.14%	25.24%	15.13%	21.80%	-0.60%	0.57%	11.58%	-1.87%	4.63%
EBITDA Growth	9.79%	14.24%	16.06%	34.80%	25.87%	7.62%	-4.69%	26.20%	10.76%	-6.74%	-5.23%
EBIT Growth	17.44%	18.67%	28.00%	41.48%	23.88%	0.38%	-4.64%	22.32%	3.13%	-4.84%	-0.39%
NOPAT Growth	14.09%	19.02%	27.40%	26.22%	57.71%	4.07%	-2.53%	23.03%	3.94%	-4.48%	-7.24%
Net Income Growth	14.09%	19.02%	27.40%	26.22%	57.71%	4.07%	-2.53%	23.03%	3.94%	-4.48%	-7.24%
EPS Growth	14.09%	20.00%	6.06%	3.57%	38.62%	-6.97%	-2.14%	20.22%	4.09%	-4.80%	-9.17%
Operating Cash Flow Growth	-30.61%	-9.70%	-133.97%	1,312.59%	-20.06%	-56.39%	84.75%	-0.71%	2.33%	4.59%	2.81%
Free Cash Flow Firm Growth	-1,389.70%	253.72%	-391.98%	-119.99%	162.52%	-148.24%	121.68%	-287.99%	133.16%	1,458.30%	-85.47%
Invested Capital Growth	14.75%	-7.64%	48.18%	66.91%	-16.86%	20.54%	3.57%	11.37%	5.31%	-12.99%	3.20%
Revenue Q/Q Growth	0.81%	2.97%	8.36%	8.67%	2.45%	2.29%	5.88%	-4.78%	3.36%	-2.55%	1.79%
EBITDA Q/Q Growth	-2.66%	5.28%	-6.68%	13.15%	12.23%	-0.53%	10.27%	-9.88%	6.00%	-10.40%	-0.24%
EBIT Q/Q Growth	-3.07%	6.41%	-4.83%	13.64%	12.30%	-6.70%	21.79%	-11.06%	4.21%	-7.50%	2.78%
NOPAT Q/Q Growth	2.10%	8.60%	1.58%	1.35%	15.12%	3.29%	-0.22%	1.30%	3.60%	-6.58%	2.12%
Net Income Q/Q Growth	2.10%	8.60%	1.58%	1.35%	15.12%	3.29%	-0.22%	1.30%	3.60%	-6.58%	2.12%
EPS Q/Q Growth	2.10%	7.32%	9.38%	14.17%	16.19%	0.54%	0.55%	0.00%	4.09%	-6.03%	1.54%
Operating Cash Flow Q/Q Growth	1.43%	1.29%	-138.93%	33.30%	-8.41%	-18.02%	18.75%	-1.37%	-6.62%	-1.04%	3.63%
Free Cash Flow Firm Q/Q Growth	-333.28%	630.98%	35.36%	-172.02%	656.87%	-519.84%	-8.57%	-41.33%	-93.35%	242.00%	372.52%
Invested Capital Q/Q Growth	9.70%	-6.20%	-16.30%	12.83%	-15.00%	-0.89%	-0.66%	0.62%	21.77%	4.87%	0.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	41.16%	42.74%	38.11%	41.02%	44.85%	39.63%	38.00%	47.69%	47.33%	44.98%	40.74%
EBIT Margin	31.34%	33.81%	33.25%	37.56%	40.41%	33.31%	31.96%	38.87%	35.92%	34.83%	33.16%
Profit (Net Income) Margin	20.42%	22.09%	21.62%	21.79%	29.85%	25.51%	25.01%	30.59%	28.50%	27.74%	24.59%
Tax Burden Percent	65.15%	65.33%	65.03%	58.02%	73.87%	76.58%	78.27%	78.72%	79.33%	79.64%	74.16%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	34.85%	34.67%	34.97%	41.98%	26.13%	23.42%	21.73%	21.28%	20.67%	20.36%	25.84%
Return on Invested Capital (ROIC)	4.75%	5.50%	5.88%	4.66%	6.41%	6.67%	5.84%	6.68%	6.42%	6.39%	6.27%
ROIC Less NNEP Spread (ROIC-NNEP)	4.75%	5.50%	5.88%	4.66%	6.41%	6.67%	5.84%	6.68%	6.42%	6.39%	6.27%
Return on Net Nonoperating Assets (RNNOA)	2.97%	4.17%	4.39%	3.55%	3.84%	2.63%	2.22%	2.86%	3.99%	3.75%	2.29%
Return on Equity (ROE)	7.72%	9.67%	10.27%	8.20%	10.25%	9.29%	8.06%	9.54%	10.41%	10.14%	8.56%
Cash Return on Invested Capital (CROIC)	-8.99%	13.45%	-32.95%	-45.48%	24.83%	-11.96%	2.33%	-4.07%	1.25%	20.29%	3.12%
Operating Return on Assets (OROA)	1.40%	1.56%	1.62%	1.63%	1.72%	1.55%	1.27%	1.34%	1.28%	1.25%	1.26%
Return on Assets (ROA)	0.91%	1.02%	1.05%	0.94%	1.27%	1.18%	0.99%	1.06%	1.02%	1.00%	0.93%
Return on Common Equity (ROCE)	6.40%	8.80%	10.27%	8.20%	10.25%	9.29%	8.06%	9.54%	10.41%	10.14%	8.56%
Return on Equity Simple (ROE_SIMPLE)	7.56%	10.45%	8.36%	6.71%	9.94%	8.44%	7.90%	9.36%	11.20%	9.64%	8.22%
Net Operating Profit after Tax (NOPAT)	33	39	50	63	99	103	100	123	128	123	114
NOPAT Margin	20.42%	22.09%	21.62%	21.79%	29.85%	25.51%	25.01%	30.59%	28.50%	27.74%	24.59%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	53.21%	51.03%	49.97%	46.30%	44.14%	46.99%	42.45%	48.03%	46.07%	47.82%	49.38%
Operating Expenses to Revenue	67.41%	65.29%	64.34%	60.60%	58.25%	64.12%	58.37%	64.88%	63.05%	64.62%	64.98%
Earnings before Interest and Taxes (EBIT)	50	60	76	108	134	134	128	157	162	154	153
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	66	75	88	118	149	160	152	192	213	199	188
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	1.16	1.50	1.21	0.96	1.02	0.80	1.02	1.08	1.03	0.96
Price to Tangible Book Value (P/TBV)	1.20	1.28	1.88	1.80	1.37	1.47	1.12	1.43	1.59	1.42	1.30
Price to Revenue (P/Rev)	2.50	2.46	3.87	3.92	2.88	3.08	2.52	3.35	2.76	2.95	2.87
Price to Earnings (P/E)	12.52	11.33	17.91	18.00	9.64	12.09	10.08	10.94	9.67	10.64	11.66
Dividend Yield	4.98%	4.10%	2.92%	3.10%	4.10%	3.72%	4.74%	3.79%	4.10%	4.07%	4.12%
Earnings Yield	7.98%	8.83%	5.58%	5.56%	10.37%	8.27%	9.92%	9.14%	10.34%	9.40%	8.57%
Enterprise Value to Invested Capital (EV/IC)	0.59	0.62	1.13	0.91	0.80	0.70	0.46	0.59	0.94	0.61	0.59
Enterprise Value to Revenue (EV/Rev)	2.73	2.39	4.95	5.30	3.38	2.93	2.00	2.83	4.26	2.48	2.35
Enterprise Value to EBITDA (EV/EBITDA)	6.64	5.60	12.99	12.92	7.53	7.39	5.26	5.94	9.00	5.52	5.77
Enterprise Value to EBIT (EV/EBIT)	8.72	7.08	14.90	14.11	8.36	8.80	6.25	7.28	11.86	7.13	7.09
Enterprise Value to NOPAT (EV/NOPAT)	13.38	10.83	22.91	24.32	11.32	11.49	7.99	9.25	14.95	8.95	9.56
Enterprise Value to Operating Cash Flow (EV/OCF)	6.44	6.87	0.00	6.02	5.53	13.39	4.91	7.05	11.57	6.33	6.10
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	4.43	0.00	0.00	2.92	0.00	20.02	0.00	76.84	2.82	19.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.70	0.83	0.70	0.80	0.41	0.38	0.38	0.48	0.79	0.40	0.33
Long-Term Debt to Equity	0.24	0.36	0.25	0.24	0.22	0.21	0.23	0.26	0.28	0.25	0.22
Financial Leverage	0.63	0.76	0.75	0.76	0.60	0.39	0.38	0.43	0.62	0.59	0.37
Leverage Ratio	8.49	9.50	9.74	8.69	8.06	7.85	8.13	9.04	10.22	10.18	9.16
Compound Leverage Factor	8.49	9.50	9.74	8.69	8.06	7.85	8.13	9.04	10.22	10.18	9.16
Debt to Total Capital	41.20%	45.21%	41.12%	44.50%	28.96%	27.71%	27.37%	32.26%	44.12%	28.71%	24.88%
Short-Term Debt to Total Capital	26.97%	25.39%	26.17%	31.14%	13.27%	12.68%	10.31%	14.78%	28.33%	11.18%	8.45%
Long-Term Debt to Total Capital	14.24%	19.82%	14.95%	13.36%	15.70%	15.03%	17.06%	17.48%	15.79%	17.54%	16.43%
Preferred Equity to Total Capital	9.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	48.94%	54.79%	58.88%	55.50%	71.04%	72.29%	72.63%	67.74%	55.88%	71.29%	75.12%
Debt to EBITDA	4.60	4.08	4.74	6.35	2.73	2.93	3.14	3.27	4.25	2.58	2.43
Net Debt to EBITDA	-0.54	-0.15	2.83	3.36	1.11	-0.38	-1.38	-1.08	3.18	-1.04	-1.27
Long-Term Debt to EBITDA	1.59	1.79	1.72	1.91	1.48	1.59	1.96	1.77	1.52	1.57	1.61
Debt to NOPAT	9.27	7.90	8.35	11.95	4.10	4.54	4.77	5.09	7.05	4.18	4.03
Net Debt to NOPAT	-1.08	-0.29	5.00	6.32	1.67	-0.60	-2.09	-1.68	5.28	-1.69	-2.11
Long-Term Debt to NOPAT	3.20	3.46	3.04	3.59	2.22	2.47	2.97	2.76	2.52	2.55	2.66
Noncontrolling Interest Sharing Ratio	17.12%	9.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-62	95	-278	-613	383	-185	40	-75	25	389	57
Operating Cash Flow to CapEx	1,840.84%	1,617.70%	-321.15%	1,986.19%	1,793.40%	689.26%	4,821.93%	0.00%	35,962.47%	3,394.48%	4,261.70%
Free Cash Flow to Firm to Interest Expense	-9.55	15.37	-27.23	-29.26	8.58	-2.68	0.92	-2.68	0.68	2.43	0.28
Operating Cash Flow to Interest Expense	10.48	9.91	-2.04	12.10	4.54	1.28	3.74	5.77	4.54	1.08	0.89
Operating Cash Flow Less CapEx to Interest Expense	9.91	9.30	-2.68	11.49	4.29	1.09	3.66	5.85	4.52	1.05	0.87
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.05	0.05	0.04	0.04	0.05	0.04	0.03	0.04	0.04	0.04
Fixed Asset Turnover	2.47	2.78	3.26	2.96	2.83	3.00	2.80	2.97	3.43	3.55	3.83
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	738	681	1,009	1,685	1,401	1,688	1,749	1,947	2,051	1,784	1,841
Invested Capital Turnover	0.23	0.25	0.27	0.21	0.21	0.26	0.23	0.22	0.23	0.23	0.26
Increase / (Decrease) in Invested Capital	95	-56	328	675	-284	288	60	199	103	-266	57
Enterprise Value (EV)	438	423	1,138	1,525	1,119	1,183	802	1,142	1,918	1,097	1,087
Market Capitalization	401	434	890	1,129	954	1,244	1,012	1,350	1,241	1,304	1,326
Book Value per Share	$4.16	$13.01	$15.56	$19.23	$20.36	$22.17	$23.29	$23.70	$20.75	$23.02	$24.32
Tangible Book Value per Share	$3.84	$11.86	$12.38	$12.89	$14.21	$15.39	$16.63	$16.94	$14.15	$16.61	$17.89
Total Capital	738	681	1,009	1,685	1,401	1,688	1,749	1,947	2,051	1,784	1,841
Total Debt	304	308	415	750	406	468	479	628	905	512	458
Total Long-Term Debt	105	135	151	225	220	254	298	340	324	313	303
Net Debt	-36	-11	248	396	166	-61	-210	-208	678	-207	-240
Capital Expenditures (CapEx)	3.70	3.80	6.51	13	11	13	3.38	-2.26	0.46	5.11	4.18
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	304	308	415	750	406	468	479	628	905	512	458
Total Depreciation and Amortization (D&A)	16	16	11	9.97	15	26	24	36	51	45	35
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.11	$1.32	$1.42	$1.47	$2.02	$1.88	$1.84	$2.23	$2.32	$0.00	$2.01
Adjusted Weighted Average Basic Shares Outstanding	28.96M	28.69M	38.23M	48.69M	55.60M	54.54M	54.40M	55.29M	55.29M	0.00	56.96M
Adjusted Diluted Earnings per Share	$1.11	$1.32	$1.40	$1.45	$2.01	$1.87	$1.83	$2.20	$2.29	$0.00	$1.98
Adjusted Weighted Average Diluted Shares Outstanding	28.96M	28.69M	38.23M	48.69M	55.60M	54.54M	54.40M	55.29M	55.29M	0.00	56.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.96M	28.69M	38.23M	48.69M	55.60M	54.54M	54.40M	55.29M	55.29M	0.00	56.96M
Normalized Net Operating Profit after Tax (NOPAT)	33	39	50	63	99	103	100	123	128	123	114
Normalized NOPAT Margin	20.42%	22.09%	21.62%	21.79%	29.85%	25.51%	25.01%	30.59%	28.50%	27.74%	24.59%
Pre Tax Income Margin	31.34%	33.81%	33.25%	37.56%	40.41%	33.31%	31.96%	38.87%	35.92%	34.83%	33.16%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.74	9.62	7.47	5.16	3.00	1.95	2.94	5.58	4.43	0.96	0.76
NOPAT to Interest Expense	5.04	6.28	4.86	3.00	2.22	1.49	2.30	4.39	3.51	0.77	0.57
EBIT Less CapEx to Interest Expense	7.17	9.01	6.83	4.55	2.75	1.76	2.86	5.66	4.41	0.93	0.74
NOPAT Less CapEx to Interest Expense	4.47	5.67	4.22	2.39	1.96	1.31	2.22	4.47	3.50	0.73	0.54
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	52.55%	47.73%	45.78%	48.95%	39.43%	43.88%	47.85%	41.12%	39.64%	43.30%	47.65%
Augmented Payout Ratio	52.55%	63.87%	45.78%	49.54%	39.43%	67.47%	60.08%	67.89%	47.37%	46.96%	47.65%

This table displays calculated financial ratios and metrics derived from First Busey's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.86%	11.22%	-0.25%	-7.20%	-9.63%	-5.89%	8.95%	8.91%	7.50%	12.81%	70.38%
EBITDA Growth	29.05%	20.58%	0.99%	-13.83%	-31.22%	-23.59%	-10.71%	0.99%	23.19%	-159.88%	40.28%
EBIT Growth	16.67%	29.81%	1.79%	-15.06%	-27.31%	-24.57%	4.26%	13.53%	12.48%	-193.45%	67.91%
NOPAT Growth	14.91%	29.35%	-1.54%	-14.01%	-25.12%	-28.71%	-6.83%	4.36%	9.15%	-187.20%	73.28%
Net Income Growth	14.91%	29.35%	-1.54%	-14.01%	-25.12%	-28.71%	-6.83%	4.36%	9.15%	-214.36%	73.28%
EPS Growth	17.31%	27.45%	-1.89%	-15.63%	-22.95%	-29.23%	-9.62%	1.85%	6.38%	-195.65%	10.64%
Operating Cash Flow Growth	-19.74%	6.57%	27.83%	-4.86%	-3.58%	-17.54%	-28.55%	42.57%	13.56%	-77.57%	73.89%
Free Cash Flow Firm Growth	59.15%	-2,140.84%	-167.35%	-95.40%	523.69%	234.70%	269.42%	-857.90%	-109.95%	-255.87%	-643.49%
Invested Capital Growth	5.31%	28.31%	7.77%	1.04%	-12.99%	-26.49%	-8.23%	7.76%	3.20%	57.21%	59.77%
Revenue Q/Q Growth	2.55%	-2.10%	-9.36%	1.98%	-0.14%	1.95%	4.94%	1.94%	-1.43%	6.98%	58.50%
EBITDA Q/Q Growth	-8.76%	-2.55%	-9.50%	-4.22%	-27.18%	21.05%	5.75%	8.33%	-11.17%	-158.84%	347.72%
EBIT Q/Q Growth	3.52%	1.44%	-20.49%	1.74%	-11.40%	5.25%	9.90%	10.78%	-12.23%	-187.45%	297.47%
NOPAT Q/Q Growth	-3.57%	6.98%	-20.18%	4.43%	-16.03%	1.85%	4.32%	16.99%	-12.18%	-181.37%	307.29%
Net Income Q/Q Growth	-3.57%	6.98%	-20.18%	4.43%	-16.03%	1.85%	4.32%	16.99%	-12.18%	-206.71%	258.07%
EPS Q/Q Growth	-4.69%	6.56%	-20.00%	3.85%	-12.96%	-2.13%	2.17%	17.02%	-9.09%	-188.00%	218.18%
Operating Cash Flow Q/Q Growth	7.74%	-5.39%	-12.02%	5.84%	9.20%	-18.91%	-23.76%	111.19%	-13.02%	-83.98%	491.02%
Free Cash Flow Firm Q/Q Growth	-124.03%	-597.36%	77.10%	111.99%	2,112.83%	121.70%	-71.20%	-153.64%	70.96%	-3,374.48%	-0.43%
Invested Capital Q/Q Growth	21.77%	14.43%	-17.53%	-12.08%	4.87%	-3.32%	2.96%	3.24%	0.43%	47.27%	4.64%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	44.58%	49.62%	49.54%	46.53%	33.93%	40.29%	40.60%	43.14%	38.88%	-21.39%	33.42%
EBIT Margin	38.00%	39.38%	34.54%	34.46%	30.57%	31.56%	33.05%	35.92%	31.99%	-26.14%	32.57%
Profit (Net Income) Margin	28.60%	31.25%	27.52%	28.19%	23.70%	23.68%	23.54%	27.01%	24.06%	-24.00%	23.94%
Tax Burden Percent	75.26%	79.37%	79.69%	81.80%	77.52%	75.01%	71.20%	75.19%	75.23%	91.80%	73.48%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	24.74%	20.63%	20.31%	18.20%	22.48%	24.99%	28.80%	24.81%	24.77%	0.00%	26.52%
Return on Invested Capital (ROIC)	6.44%	6.92%	6.81%	7.55%	5.46%	5.06%	5.64%	6.94%	6.14%	-3.93%	5.79%
ROIC Less NNEP Spread (ROIC-NNEP)	6.44%	6.92%	6.81%	7.55%	5.46%	5.06%	5.64%	6.94%	6.14%	-5.39%	5.79%
Return on Net Nonoperating Assets (RNNOA)	4.01%	5.03%	3.94%	3.58%	3.20%	3.24%	2.61%	2.52%	2.24%	-1.52%	1.34%
Return on Equity (ROE)	10.45%	11.95%	10.76%	11.13%	8.66%	8.30%	8.25%	9.46%	8.38%	-5.45%	7.13%
Cash Return on Invested Capital (CROIC)	1.25%	-18.25%	-0.18%	6.72%	20.29%	36.03%	14.51%	-1.17%	3.12%	-41.89%	-42.65%
Operating Return on Assets (OROA)	1.36%	1.46%	1.30%	1.26%	1.10%	1.13%	1.22%	1.35%	1.22%	-0.79%	1.18%
Return on Assets (ROA)	1.02%	1.16%	1.04%	1.03%	0.85%	0.85%	0.87%	1.01%	0.91%	-0.73%	0.87%
Return on Common Equity (ROCE)	10.45%	11.95%	10.76%	11.13%	8.66%	8.30%	8.25%	9.46%	8.38%	-5.45%	7.13%
Return on Equity Simple (ROE_SIMPLE)	0.00%	11.40%	11.33%	11.02%	0.00%	8.73%	8.25%	7.94%	0.00%	2.64%	3.21%
Net Operating Profit after Tax (NOPAT)	34	37	29	31	26	26	27	32	28	-23	47
NOPAT Margin	28.60%	31.25%	27.52%	28.19%	23.70%	23.68%	23.54%	27.01%	24.06%	-18.30%	23.94%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.46%	0.00%
SG&A Expenses to Revenue	44.95%	44.59%	48.73%	47.65%	50.60%	49.81%	48.92%	48.77%	50.06%	67.77%	51.82%
Operating Expenses to Revenue	61.28%	59.81%	64.87%	65.21%	69.01%	63.89%	64.99%	64.08%	66.92%	92.17%	64.55%
Earnings before Interest and Taxes (EBIT)	46	46	37	37	33	35	38	43	37	-33	65
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	54	58	53	51	37	45	47	51	45	-27	66
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.08	0.88	0.88	0.85	1.03	0.00	1.02	1.04	0.96	0.56	0.84
Price to Tangible Book Value (P/TBV)	1.59	1.26	1.25	1.21	1.42	0.00	1.41	1.42	1.30	0.72	1.05
Price to Revenue (P/Rev)	2.76	2.28	2.28	2.23	2.95	0.00	3.06	3.23	2.87	2.55	3.63
Price to Earnings (P/E)	9.67	7.71	7.74	7.69	10.64	0.00	12.38	13.17	11.66	21.14	26.20
Dividend Yield	4.10%	4.88%	4.93%	5.21%	4.07%	4.21%	4.00%	3.72%	4.12%	4.55%	4.33%
Earnings Yield	10.34%	12.98%	12.92%	13.00%	9.40%	0.00%	8.08%	7.60%	8.57%	4.73%	3.82%
Enterprise Value to Invested Capital (EV/IC)	0.94	0.82	0.80	0.69	0.61	0.00	0.85	0.73	0.59	0.20	0.60
Enterprise Value to Revenue (EV/Rev)	4.26	4.17	3.37	2.61	2.48	0.00	3.42	2.96	2.35	1.15	3.04
Enterprise Value to EBITDA (EV/EBITDA)	9.00	8.39	6.76	5.33	5.52	0.00	8.06	7.11	5.77	4.67	12.50
Enterprise Value to EBIT (EV/EBIT)	11.86	11.17	8.98	7.11	7.13	0.00	10.54	9.00	7.09	6.38	15.21
Enterprise Value to NOPAT (EV/NOPAT)	14.95	14.09	11.41	9.01	8.95	0.00	13.80	12.06	9.56	9.51	21.92
Enterprise Value to Operating Cash Flow (EV/OCF)	11.57	11.42	8.77	6.75	6.33	0.00	9.85	7.81	6.10	3.66	9.98
Enterprise Value to Free Cash Flow (EV/FCFF)	76.84	0.00	0.00	10.39	2.82	0.00	5.64	0.00	19.22	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.79	0.96	0.61	0.43	0.40	0.34	0.33	0.31	0.33	0.24	0.18
Long-Term Debt to Equity	0.28	0.27	0.26	0.27	0.25	0.23	0.23	0.22	0.22	0.18	0.11
Financial Leverage	0.62	0.73	0.58	0.47	0.59	0.64	0.46	0.36	0.37	0.28	0.23
Leverage Ratio	10.22	10.31	10.39	10.78	10.18	9.77	9.54	9.35	9.16	9.06	8.25
Compound Leverage Factor	10.22	10.31	10.39	10.78	10.18	9.77	9.54	9.35	9.16	9.06	8.25
Debt to Total Capital	44.12%	48.92%	37.89%	30.05%	28.71%	25.64%	24.90%	23.49%	24.88%	19.62%	14.98%
Short-Term Debt to Total Capital	28.33%	35.24%	21.44%	11.50%	11.18%	8.53%	7.90%	7.00%	8.45%	5.48%	5.57%
Long-Term Debt to Total Capital	15.79%	13.68%	16.45%	18.55%	17.54%	17.11%	17.00%	16.48%	16.43%	14.15%	9.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	55.88%	51.08%	62.11%	69.95%	71.29%	74.36%	75.10%	76.51%	75.12%	80.38%	85.02%
Debt to EBITDA	4.25	5.00	3.19	2.31	2.58	2.39	2.35	2.28	2.43	4.55	3.12
Net Debt to EBITDA	3.18	3.80	2.18	0.78	-1.04	-0.80	0.83	-0.65	-1.27	-5.71	-2.41
Long-Term Debt to EBITDA	1.52	1.40	1.38	1.42	1.57	1.60	1.60	1.60	1.61	3.28	1.96
Debt to NOPAT	7.05	8.40	5.38	3.90	4.18	3.95	4.02	3.87	4.03	9.26	5.48
Net Debt to NOPAT	5.28	6.38	3.68	1.32	-1.69	-1.33	1.43	-1.11	-2.11	-11.62	-4.22
Long-Term Debt to NOPAT	2.52	2.35	2.34	2.41	2.55	2.64	2.75	2.71	2.66	6.67	3.44
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-69	-481	-110	13	292	648	187	-100	-29	-1,010	-1,014
Operating Cash Flow to CapEx	7,499.06%	2,161.07%	0.00%	1,909.46%	2,057.21%	2,812.50%	3,361.87%	6,086.64%	5,128.04%	452.38%	1,491.90%
Free Cash Flow to Firm to Interest Expense	-4.68	-19.05	-2.88	0.29	5.67	12.96	3.78	-1.93	-0.58	-16.01	-10.76
Operating Cash Flow to Interest Expense	3.24	1.79	1.04	0.94	0.89	0.75	0.58	1.16	1.05	0.13	0.53
Operating Cash Flow Less CapEx to Interest Expense	3.20	1.71	1.08	0.89	0.85	0.72	0.56	1.14	1.03	0.10	0.49
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.04
Fixed Asset Turnover	3.43	3.55	3.64	3.62	3.55	3.51	3.64	3.74	3.83	3.14	3.68
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,051	2,347	1,935	1,701	1,784	1,725	1,776	1,834	1,841	2,712	2,837
Invested Capital Turnover	0.23	0.22	0.25	0.27	0.23	0.21	0.24	0.26	0.26	0.21	0.24
Increase / (Decrease) in Invested Capital	103	518	139	17	-266	-622	-159	132	57	987	1,061
Enterprise Value (EV)	1,918	1,926	1,555	1,182	1,097	0.00	1,518	1,343	1,087	547	1,700
Market Capitalization	1,241	1,053	1,054	1,009	1,304	0.00	1,361	1,466	1,326	1,215	2,027
Book Value per Share	$20.75	$21.68	$21.73	$21.53	$23.02	$22.61	$23.51	$24.67	$24.32	$38.27	$26.96
Tangible Book Value per Share	$14.15	$15.14	$15.24	$15.08	$16.61	$16.41	$16.98	$18.20	$17.89	$29.56	$21.50
Total Capital	2,051	2,347	1,935	1,701	1,784	1,725	1,776	1,834	1,841	2,712	2,837
Total Debt	905	1,148	733	511	512	442	442	431	458	532	425
Total Long-Term Debt	324	321	318	316	313	295	302	302	303	384	267
Net Debt	678	872	501	173	-207	-149	157	-123	-240	-668	-327
Capital Expenditures (CapEx)	0.64	2.10	-1.44	2.21	2.24	1.33	0.85	0.99	1.02	1.85	3.32
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.12	0.00
Net Nonoperating Obligations (NNO)	905	1,148	733	511	512	442	442	431	458	532	425
Total Depreciation and Amortization (D&A)	7.91	12	16	13	3.65	9.66	8.77	8.56	8.05	5.95	1.68
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.63	$0.66	$0.53	$0.55	$0.47	$0.47	$0.48	$0.56	$0.50	($0.44)	$0.53
Adjusted Weighted Average Basic Shares Outstanding	55.29M	55.30M	55.28M	55.26M	55.25M	56.73M	56.85M	56.88M	56.96M	89.49M	89.65M
Adjusted Diluted Earnings per Share	$0.61	$0.65	$0.52	$0.54	$0.47	$0.46	$0.47	$0.55	$0.50	($0.44)	$0.52
Adjusted Weighted Average Diluted Shares Outstanding	55.29M	55.30M	55.28M	55.26M	55.25M	56.73M	56.85M	56.88M	56.96M	89.49M	90.88M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	55.29M	55.30M	55.28M	55.26M	55.25M	56.73M	56.85M	56.88M	56.96M	89.49M	89.07M
Normalized Net Operating Profit after Tax (NOPAT)	34	37	29	31	26	26	27	32	28	-23	47
Normalized NOPAT Margin	28.60%	31.25%	27.52%	28.19%	23.70%	23.68%	23.54%	27.01%	24.06%	-18.30%	23.94%
Pre Tax Income Margin	38.00%	39.38%	34.54%	34.46%	30.57%	31.56%	33.05%	35.92%	31.99%	-26.14%	32.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.10	1.84	0.96	0.84	0.64	0.70	0.78	0.82	0.75	-0.52	0.68
NOPAT to Interest Expense	2.33	1.46	0.77	0.68	0.50	0.52	0.55	0.62	0.57	-0.36	0.50
EBIT Less CapEx to Interest Expense	3.06	1.75	1.00	0.79	0.60	0.67	0.76	0.80	0.73	-0.55	0.65
NOPAT Less CapEx to Interest Expense	2.29	1.37	0.81	0.63	0.46	0.50	0.54	0.60	0.54	-0.39	0.47
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	39.64%	37.61%	38.14%	40.02%	43.30%	47.38%	48.56%	48.31%	47.65%	95.93%	82.70%
Augmented Payout Ratio	47.37%	41.43%	41.09%	41.71%	46.96%	50.90%	51.79%	50.36%	47.65%	104.34%	116.88%

Financials Breakdown Chart

Key Financial Trends

First Busey (NASDAQ: BUSE) has delivered mixed financial results over the past four years, showing resilience in interest income growth and solid profitability despite facing some volatility in non-interest income and periodic challenges in credit provisions.

Positive Highlights:

Consistent growth in loans and leases interest income, reaching $214.4 million in Q2 2025 up from $65.6 million in Q2 2022, indicating expansion in core lending activities.
Net Interest Income has increased from about $75.9 million in Q2 2022 to $153.2 million in Q2 2025, demonstrating improved net interest margin and lending profitability.
Total Revenue grew from $106.9 million in Q2 2022 to $198 million in Q2 2025, driven principally by interest income expansion.
Net Income showed recovery with a strong turnaround to $47.4 million in Q2 2025 from a loss of $29.9 million in Q1 2025, indicating operational improvements and cost control.
Total Assets increased to $18.9 billion in Q2 2025 from $12.3 billion in Q2 2022, reflecting growth in balance sheet size and market presence.
Return to positive earnings per share with $0.53 basic EPS in Q2 2025 compared to negative EPS in early 2025.
Operating cash flow improved to $49.5 million in Q2 2025, supporting operational liquidity and cash generation capability.
Consistent dividend payments per share, gradually increasing from $0.23 in 2022 to $0.25 in early 2025, supporting income-oriented investors.

Neutral Observations:

Provision for credit losses fluctuated significantly, with a peak of $57 million in Q2 2025 compared to smaller amounts in 2022, suggesting some asset quality pressures or conservative reserving.
Non-interest income was volatile, with large one-time gains and losses impacting overall revenue, reflecting dependency on capital markets and investment-related activities.
Amortization and depreciation expenses remain steady, indicating ongoing investment in fixed and intangible assets.
The company repurchased common equity intermittently, a sign of share price confidence but with modest scale relative to overall market cap.

Negative Factors:

Q1 2025 saw a net loss of $29.9 million due to elevated credit loss provisions and other operating challenges, signaling potential risks in asset quality or economic conditions.
Net cash from financing activities swung significantly into negative territory in Q2 2025 (-$609.6 million), driven by large deposit outflows (-$656.8 million), which may indicate funding pressure or customer withdrawals.
Accumulated other comprehensive loss expanded to -$155 million in Q2 2025, potentially reflecting unrealized losses on securities or pension liabilities.
Long-term debt increased over the period, with Q2 2025 long-term debt standing at $267 million, compared to prior years, potentially raising interest expense and leverage risk.
Cash interest paid increased substantially to over $106 million in Q2 2025 from $6.7 million in Q2 2022, suggesting higher debt servicing costs which can pressure margins.
Volatility in net income and earnings per share in the recent quarters indicates earnings inconsistency which may affect investor confidence.

Summary: First Busey has successfully increased its net interest income and asset base significantly over four years, returning to profitability after a tough start to 2025. However, the company faces challenges including increased provisions for credit losses, funding pressures highlighted by deposit declines, and rising interest expenses. Investors should watch asset quality trends and the company's ability to stabilize earnings and manage funding risks in upcoming quarters.

10/09/25 04:25 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About First Busey's Financials

When does First Busey's fiscal year end?

According to the most recent income statement we have on file, First Busey's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has First Busey's net income changed over the last 10 years?

First Busey's net income appears to be on an upward trend, with a most recent value of $113.69 million in 2024, rising from $32.77 million in 2014. The previous period was $122.57 million in 2023. See First Busey's forecast for analyst expectations on what’s next for the company.

How has First Busey's revenue changed over the last 10 years?

Over the last 10 years, First Busey's total revenue changed from $160.52 million in 2014 to $462.29 million in 2024, a change of 188.0%.

How much debt does First Busey have?

First Busey's total liabilities were at $10.66 billion at the end of 2024, a 3.2% decrease from 2023, and a 229.9% increase since 2014.

How much cash does First Busey have?

In the past 10 years, First Busey's cash and equivalents has ranged from $102.98 million in 2021 to $339.44 million in 2014, and is currently $129.44 million as of their latest financial filing in 2024.

How has First Busey's book value per share changed over the last 10 years?

Over the last 10 years, First Busey's book value per share changed from 4.16 in 2014 to 24.32 in 2024, a change of 485.1%.

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This page (NASDAQ:BUSE) was last updated on 10/9/2025 by MarketBeat.com Staff

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First Busey (BUSE) Financials

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First Busey (BUSE) Financials

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