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First Busey Corporation  (BUSE)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $22.6800 $-0.37 -1.605%
Day's High: $23.07 Week Perf: -2.28 %
Day's Low: $ 22.51 30 Day Perf: -7.28 %
Volume (M): 127 52 Wk High: $ 25.80
Volume (M$): $ 2,880 52 Wk Avg: $21.03
Open: $22.92 52 Wk Low: $16.26



 Market Capitalization (Millions $) 1,275
 Shares Outstanding (Millions) 56
 Employees 795
 Revenues (TTM) (Millions $) 509
 Net Income (TTM) (Millions $) 123
 Cash Flow (TTM) (Millions $) 492
 Capital Exp. (TTM) (Millions $) 10

First Busey Corporation

First Busey Corporation, a Nevada Corporation, is a financial holding company which was initially organized as a bank holding company in 1980. First Busey conducts a broad range of financial services through its banking and non-banking subsidiaries at multiple locations in Illinois, Florida, Indiana and Missouri. First Busey has one wholly-owned bank subsidiary, Busey Bank, which has locations in Illinois, Indiana and Florida. First Busey is headquartered in Champaign, Illinois, and its common stock is traded on The Nasdaq Global Select Market under the symbol “BUSE.”

First Busey conducts the business of banking and related services through the Bank, asset management, brokerage and fiduciary services through Busey Wealth Management, Inc. (“Busey Wealth Management”) and Trevett Capital Partners (“Trevett”), and retail payment processing through FirsTech, Inc. (“FirsTech”).

The Bank is an Illinois state-chartered bank organized in 1868 with its headquarters in Champaign, Illinois. The Bank has 28 locations in Illinois, six in southwest Florida and one in Indianapolis, Indiana.

The Bank offers a full range of diversified financial products and services for consumers and businesses, including innovative online and mobile banking capabilities to conveniently serve our customers’ needs. Services include commercial, agricultural and real estate loans, and retail banking services, including home equity lines of credit, residential real estate and consumer loans, customary types of demand and savings deposits, money transfers, safe deposit services, and IRA, Keogh and other fiduciary services through our branch, ATM and technology-based networks. In addition, our professional farm management and brokerage services are entrusted to care and maximize value for landowners of prime farmland in Illinois.

The Bank’s principal sources of income are interest and fees on loans and investments and service fees. Its principal expenses are interest paid on deposits and general operating expenses. The Bank’s primary markets are downstate Illinois, southwest Florida, and central Indiana.



   Company Address: 100 W. University Ave. Champaign 61820 IL
   Company Phone Number: 365-4544   Stock Exchange / Ticker: NASDAQ BUSE
   


Customers Net Income grew by BUSE's Customers Net Profit Margin grew to

12.88 %

13.64 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ASB   -1.49%    
BANR   -1.59%    
CFG   -3%    
FCNCA        3.9% 
GBCI   -3.53%    
HTH   -1.26%    
• View Complete Report
   



First Busey Corporation

Headline: First Busey Corporation Reports Significant EPS Contraction and Profit Decline for Q4 2023

First Busey Corporation (Nasdaq: BUSE) recently announced disappointing financial results for the period closing on December 31, 2023. The company's income per share dropped by a significant -25.67%, falling from $0.62 per share to $0.46 per share compared to the previous year. Moreover, profits experienced a decline of -15.01% during the quarter, decreasing from $0.54 per share to $0.46 per share.
Revenue also took a hit, sinking by -6.203% to $126.24 million from $134.59 million in the same quarter of the previous year. This represents a consecutive decrease in revenue, as the company experienced a minimal growth of 0.13% from the previous quarter.
Further analyzing the financial period ending December 31, 2023, First Busey Corporation's earnings fell by a staggering -25.12% to $25.749 million from $34.387 million in the corresponding period a year earlier. This decline in profits is a significant cause for concern.
Looking closely at First Busey Corporation's profitability, the operating margin experienced a drop to 40.61%, while the net margin shrank to 20.4%. These figures highlight a concerning trend for the company's financial health. Operating earnings also fell by -15.84% to $51.263 million, leading to a decrease in the operating margin from 45.26% in the fourth quarter of 2022 to the current figure.

Merger and Acquisition

First Busey Corporation and Merchants and Manufacturers Bank Corporation Join Forces to Transform Chicago's Financial Landscape

Published Mon, Nov 27 2023 10:00 PM UTC

First Busey Expands Market Presence in Chicago MSA and Adds Life Equity Loan Products to Suite of Services
The merger of First Busey Corporation and Merchants and Manufacturers Bank Corporation has created a buzz in the financial market. This strategic move will not only strengthen First Busey's market presence in the Chicago Metropolitan Statistical Area (MSA) but also ...

First Busey Corporation

Breaking down third quarter of 2023 results: Regional Banks company's revenue sees a slight decline as First Busey Corporation experiences a decrease in income and revenue.



First Busey Corporation (Nasdaq: BUSE) has recently released its financial results for the most recent fiscal period. The report highlights a decline in income and revenue compared to the previous year. However, when compared to the preceding period, there was some improvement in income and revenue. This article will break down the facts and provide an interpretation of these results.
1. Decline in Income and Revenue:
In the most recent fiscal period, First Busey Corporation experienced a decrease in income and revenue. Income fell by -15.63% to $0.54 per share, while revenue decreased by -6.266% to $126.08 million year on year. This decline is not favorable for the company's financial standing.

First Busey Corporation

First Busey Corporation Reports Underwhelming Earnings for Q2 2023 - Revenue and EPS Show Significant Drops

First Busey Corporation Reports Disappointing Earnings in the Second Quarter of 2023
First Busey Corporation (BUSE) recently announced its financial results for the second quarter of 2023, with earnings per share (EPS) deteriorating by 1.89% to $0.52 from $0.53 and a decrease in revenue by 1.858% to $121.20 million compared to the same period the previous year. The company's performance also saw a decline from the prior quarter, with income fading from $0.65 per share and revenue decreasing by 10.733% from $135.77 million.
Despite the concerning numbers, it is worth noting that earnings for the second quarter of 2023, totaling $29.364 million, fell by only 1.54% from $29.824 million in the corresponding period the year before. This indicates some level of stability, although the decrease is still a cause for concern.

First Busey Corporation

First Busey Delivers Impressive 27.45% Growth in Earnings and 6.387% Revenue Rise

First Busey Corporation, a financial holding company that provides banking, investment, and wealth management services, reported strong financial results for the first quarter of 2023. The company's earnings per share (EPS) saw a significant increase of 27.45% to $0.65 per share, compared to $0.51 per share in the same period a year earlier. This improvement in EPS is a strong indicator of the company's financial health, as it shows that the company is generating more profits per share than it did in the previous year.
Furthermore, the company's income also increased by 5.28% from $0.62 per share reported in the previous reporting season. This increase in income is a positive sign for investors, as it shows that the company is generating more revenue to cover its expenses. The company's top-line also saw significant growth, with revenue increasing by 6.387% to $135.77 million from $127.62 million in the same reporting season a year earlier. Sequentially, revenue increased by 0.874% from $134.59 million.






 

First Busey's Segments
 
 
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