BUSE Stock - First Busey Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $662.51M | $600.59M | $486.60M | $431.60M | $444.86M |
| Gross Profit | $452.86M | $438.27M | $445.43M | $418.60M | $362.40M |
| Gross Margin | 68.4% | 73.0% | 91.5% | 97.0% | 81.5% |
| Operating Income | $153.30M | $153.90M | $161.74M | $156.82M | $128.21M |
| Net Income | $113.69M | $122.56M | $128.31M | $123.45M | $100.34M |
| Net Margin | 17.2% | 20.4% | 26.4% | 28.6% | 22.6% |
| EPS | $2.01 | $2.21 | $2.32 | $2.23 | $1.84 |
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 through three segments: Banking, FirsTech, and Wealth Management. It offers customary types of demand and savings deposits; and commercial, agricultural, real estate construction, 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, and other fiduciary services through banking center, ATM and technology-based networks. In addition, it offers investment management, trust, estate advisory, and financial planning services, as well as business succession and employee retirement planning services; investment strategy consulting and fiduciary services; and security brokerage services. Further, the company provides asset management, philanthropic advisory, tax preparation, and professional farm management services; and commercial depository services, such as cash management services. Additionally, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 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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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 1st 2025 | Piper Sandler | Initiation | Overweight | $30 |
| June 30th 2025 | Hovde Group | Initiation | Market Perform | - |
| October 14th 2024 | Stephens | Downgrade | Equal Weight | - |
Earnings History & Surprises
BUSEEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 20, 2026 | — | — | — | — |
Q1 2026 | Jan 27, 2026 | $0.61 | — | — | — |
Q4 2025 | Oct 28, 2025 | $0.62 | $0.64 | +3.2% | ✓ BEAT |
Q3 2025 | Jul 22, 2025 | $0.61 | $0.63 | +3.3% | ✓ BEAT |
Q2 2025 | Apr 22, 2025 | $0.53 | $0.57 | +7.5% | ✓ BEAT |
Q1 2025 | Jan 28, 2025 | $0.52 | $0.53 | +1.9% | ✓ BEAT |
Q4 2024 | Oct 22, 2024 | $0.54 | $0.58 | +7.4% | ✓ BEAT |
Q3 2024 | Jul 23, 2024 | $0.50 | $0.53 | +6.0% | ✓ BEAT |
Q2 2024 | Apr 23, 2024 | $0.49 | $0.46 | -6.1% | ✗ MISS |
Q1 2024 | Jan 23, 2024 | $0.50 | $0.46 | -8.0% | ✗ MISS |
Q4 2023 | Oct 24, 2023 | $0.51 | $0.54 | +5.9% | ✓ BEAT |
Q3 2023 | Jul 25, 2023 | $0.56 | $0.52 | -7.1% | ✗ MISS |
Q2 2023 | Apr 25, 2023 | $0.64 | $0.65 | +1.6% | ✓ BEAT |
Q1 2023 | Jan 24, 2023 | $0.73 | $0.61 | -16.4% | ✗ MISS |
Q4 2022 | Oct 25, 2022 | $0.64 | $0.64 | 0.0% | = MET |
Q3 2022 | Jul 26, 2022 | $0.57 | $0.53 | -7.0% | ✗ MISS |
Q2 2022 | Apr 26, 2022 | $0.52 | $0.51 | -1.9% | ✗ MISS |
Q1 2022 | Jan 25, 2022 | $0.55 | $0.53 | -3.6% | ✗ MISS |
Q4 2021 | Oct 26, 2021 | $0.52 | $0.58 | +11.5% | ✓ BEAT |
Q3 2021 | Jul 27, 2021 | $0.48 | $0.55 | +14.6% | ✓ BEAT |
Latest News
Piper Sandler Maintains Overweight on First Busey, Lowers Price Target to $26
➖ NeutralRaymond James Reiterates Outperform on First Busey, Lowers Price Target to $26
➖ NeutralFirst Busey Q3 Adj. EPS $0.64 Beats $0.62 Estimate, Sales $196.335M Beat $196.061M Estimate
📈 PositiveFirst Busey Appoints Christopher H.M. Chan As CFO, Effective As Of September 30, 2025
➖ NeutralRaymond James Reiterates Outperform on First Busey, Raises Price Target to $28
📈 PositiveFrequently Asked Questions about BUSE
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