First Busey CorporationFF

First Busey Corporation

21.77USDR
+0.51+2.40%
Last update at 21:47 GMT
21.89USD
+0.12+0.55%
No tradesPost-marketLast update at 21:04 GMT
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BUSE fundamentals

Key facts

Market capitalization‪1.96 B‬USD
Founded1868
Employees (FY)‪1.51 K‬
CEOVan A. Dukeman
Websitebusey.com
About

First Busey Corp. is a financial holding company, which engages in the provision of banking services. It operates through the following segments: Banking, Wealth Management, FirstTech, and Other. The Banking segment involves the provision of services through its center network. The Wealth Management segment includes asset, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. The FirstTech segment focuses on payment technology solutions. The company was founded by Samuel Busey, Simeon Busey, and William Earhart in 1868 and is headquartered in Champaign, IL.

Ownership
‪‪89.88 M‬‬
Free Float shares
‪‪85.48 M‬‬ (95.11%)
Closely held shares
‪‪4.39 M‬‬ (4.89%)
Free Float shares
‪‪85.48 M‬‬ (95.11%)
Closely held shares
‪‪4.39 M‬‬ (4.89%)
Capital structure
Market cap
‪‪1.96 B‬‬
Debt
‪‪469.19 M‬‬
Cash & equivalents
‪‪129.44 M‬‬
Enterprise value
‪‪2.30 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪1.96 B‬‬
Price to earning ratio (P/E)
11.37x
Price to sales ratio (P/S)
1.86x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
11.37x
Price to sales ratio (P/S)
1.86x
Valuation ratios
‪0.00‬
‪0.60‬
‪1.20‬
‪1.80‬
‪2.40‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪3.50‬
‪7.00‬
‪10.50‬
‪14.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪15%‬
‪16%‬
‪17%‬
‪18%‬
‪19%‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬
Total revenue
Net income
Net margin %
Revenue to profit conversion
Total revenue
Int. expense & PCL
Non-int. expense
Op income
Unusual income/ expense
Pretax income
Taxes & Other
Net income
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬
Total revenue
Int. & Non-int. expenses
Op income
Expenses & adjustments
Net income
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Banking
Wealth Management
FirsTech
By country
Period: 2024
United States

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪‪40.00 M‬‬
‪‪80.00 M‬‬
‪‪120.00 M‬‬
‪‪160.00 M‬‬
Actual
Estimate
Earnings
Next:Apr 29, 2025
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪0.15‬
‪0.30‬
‪0.45‬
‪0.60‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
48.61%
Earnings retained
Payout ratio (TTM)
Dividend yield TTM
4.56%
Last payment
0.25
Last ex-date
Jan 24, 2025
Dividend history
‪3.0%‬
‪3.3%‬
‪3.6%‬
‪3.9%‬
‪4.2%‬
2020
2021
2022
2023
2024
‪0.00‬
‪0.25‬
‪0.50‬
‪0.75‬
‪1.00‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Loans and customer deposits
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪‪−4.00 B‬‬
‪0.00‬
‪‪4.00 B‬‬
‪‪8.00 B‬‬
‪‪12.00 B‬‬
Net loans
Total deposits
Loan loss allowances
Capital adequacy analysis
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪5.00‬
‪10.00‬
‪15.00‬
‪20.00‬
Common equity Tier 1 ratio
Tier 1 capital ratio
Total capital ratio