First Busey Corporation Class A Common Stock logo

First Busey Corporation Class A Common Stock (BUSE)

Common Stock · Currency in USD · XNAS

First Busey Corporation is a financial holding company whose subsidiaries provide retail and commercial banking services, remittance processing, and offer financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.

Company Info

SIC6022
Composite FIGIBBG000JNCBF4
CIK0000314489
IPOOct 31, 1994
Sectorstate commercial banks

Highlights

Market Cap$2.21B
EPS$2.32
P/E Ratio9.67
Revenue$788.76M
Gross Profit$785.34M
Net Income$228.39M
Employees1,914
WSO86,227,449
Phone(217) 365-4544

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Busey Corporation Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

First Busey Corporation Class A Common Stock (BUSE) has returned 7.47% so far this year and 36.08% over the past 12 months. Looking at the last ten years, BUSE has achieved an annualized return of 2.33%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

BUSE

1M0.51%
6M9.87%
YTD7.47%
1Y36.08%
5Y-0.03%
10Y2.33%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of First Busey Corporation Class A Common Stock (BUSE) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
20263.44%2.26%1.57%0.99%
20252.27%1.78%-9.96%-2.85%6.40%3.88%-2.87%12.22%-5.20%-2.78%5.23%2.10%
2024-4.31%-2.37%5.16%-7.69%-0.13%5.44%14.05%-1.42%-2.84%-6.36%9.25%-11.26%
2023-3.40%1.39%-15.74%-10.66%2.52%6.74%8.63%-6.48%-5.65%3.71%9.71%15.28%
20221.49%-0.18%-7.28%-12.50%4.18%-1.80%8.88%-7.18%-4.97%18.54%-0.99%-4.89%
2021-4.92%9.47%10.23%-1.85%6.31%-8.46%-5.18%0.64%3.40%2.70%0.31%1.69%
2020-7.58%-13.04%-22.05%12.59%0.11%4.66%-8.16%3.52%-9.82%13.22%9.34%6.52%
20191.89%7.93%-9.63%5.34%-4.74%6.79%1.43%-8.96%3.95%4.15%0.04%2.69%
20182.96%-4.17%0.34%-0.20%8.48%-1.77%0.03%0.79%-3.18%-10.46%2.43%-15.32%
2017-5.77%5.10%-6.67%1.84%-5.52%2.91%-0.88%-2.20%8.29%-0.77%1.47%-5.94%
20160.10%8.56%-2.91%6.07%3.32%-3.00%2.94%18.50%11.40%

Performance Indicators

The charts below present risk-adjusted performance metrics for First Busey Corporation Class A Common Stock (BUSE) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00BUSE: 0.77SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00BUSE: 1.12SPY: 1.40

Omega ratio

0.501.001.502.00BUSE: 1.15SPY: 1.22

Calmar ratio

0.002.004.006.00SPY: 1.20BUSE: 1.32

Martin ratio

0.001.003.00BUSE: 0.23SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of BUSE compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current First Busey Corporation Class A Common Stock volatility is 1.21%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)18.10B12.05B12.28B12.34B12.86B10.54B9.70B7.70B7.86B5.43B4.00B3.67B3.54B3.62B3.40B
Equity Attributable To Parent (USD)2.47B1.38B1.27B1.15B1.32B1.27B1.22B994.96M935.00M594.31M373.19M433.64M415.36M408.80M409.27M
Equity Attributable To Noncontrolling Interest (USD)---------------
Equity (USD)2.47B1.38B1.27B1.15B1.32B1.27B1.22B994.96M935.00M594.31M373.19M433.64M415.36M408.80M409.27M
Long-term Debt (USD)-------50.00M50.00M-80.00M50.00M-7.00M19.42M
Noncurrent Liabilities (USD)---------------
Current Liabilities (USD)15.64B10.66B11.01B11.19B11.54B9.27B8.48B6.71B6.93B4.83B3.63B3.23B3.12B3.21B2.99B
Liabilities (USD)15.64B10.66B11.01B11.19B11.54B9.27B8.48B6.71B6.93B4.83B3.63B3.23B3.12B3.21B2.99B
Intangible Assets (USD)97.45M32.28M35.99M46.42M58.05M51.99M61.59M32.87M38.73M18.46M7.43M6.69M9.57M12.70M16.02M
Fixed Assets (USD)-118.82M122.59M126.52M136.15M135.19M151.27M117.67M116.91M77.86M63.09M63.97M65.83M71.07M69.40M
Noncurrent Assets (USD)---------------
Current Assets (USD)18.10B12.05B12.28B12.34B12.86B10.54B9.70B7.70B7.86B5.43B4.00B3.67B3.54B3.62B3.40B
Assets (USD)18.10B12.05B12.28B12.34B12.86B10.54B9.70B7.70B7.86B5.43B4.00B3.67B3.54B3.62B3.40B

News and Insights

First Busey Corporation and CrossFirst Bankshares, Inc. Announce Shareholder Approvals of Merger

First Busey Corporation and CrossFirst Bankshares, Inc. have received shareholder approval for their proposed merger, which is expected to close in the first or second quarter of 2025. The combined entity will create a premier full-service commercial bank with significant scale and enhanced financial capabilities.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
First Busey (BUSE) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for First Busey (BUSE) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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First Busey (BUSE) Misses Q1 Earnings Estimates

First Busey (BUSE) delivered earnings and revenue surprises of -4.08% and 1.57%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

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First Busey (BUSE) Closes Merchants and Manufacturers Bank Buyout

First Busey (BUSE) buys Merchants and Manufacturers Bank. The deal is set to aid geographical expansion, increase the deposit balance, and expand the commercial banking and wealth management businesses.

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First Busey Corporation Finalizes Acquisition of Merchants and Manufacturers Bank Corporation and Merchants and Manufacturers Bank

CHAMPAIGN, Ill. and OAKBROOK TERRACE, Ill., April 01, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (NASDAQ: BUSE), the holding company for Busey Bank, announced the completion of its acquisition of Merchants and Manufacturers Bank Corporation (“M&M”), the holding company for Merchants and Manufacturers Bank (“M&M Bank”), effective April 1, 2024. The transaction was previously announced on November 27, 2023.

GlobeNewswire Inc. faviconGlobeNewswire Inc.First Busey Corporation
First Busey Corporation and Merchants and Manufacturers Bank Corporation Announce Election Deadline

CHAMPAIGN, Ill. and OAKBROOK TERRACE, Ill., March 26, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (NASDAQ:BUSE), the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation (“M&M”), the holding company for Merchants and Manufacturers Bank (“M&M Bank”), today jointly announced that the election deadline for M&M shareholders of record to make merger consideration elections in connection with the previously announced merger between Busey and M&M is 5:00 p.m., Eastern Standard Time, on March 29, 2024. M&M shareholders may elect to receive either $117.74 in cash, 5.7294 shares of Busey common stock, or mixed consideration of $34.55 in cash and 4.0481 shares of Busey common stock, in exchange for each share of M&M common stock owned, subject to adjustment and proration as provided in the merger agreement.

GlobeNewswire Inc. faviconGlobeNewswire Inc.First Busey Corporation
U.S. Bancorp (USB) Rides on Loans, Fee Income Amid High Costs

U.S. Bancorp's (USB) strong loan pipeline, stable deposits, diversified revenues and improving fee income support its top line. However, high costs and a concentrated loan portfolio remain challenges.

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