First Busey Stock (NASDAQ:BUSE)


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$25.73

52W Range

$21.68 - $28.97

50D Avg

$25.97

200D Avg

$24.77

Market Cap

$1.38B

Avg Vol (3M)

$270.07K

Beta

0.83

Div Yield

$0.96 (3.95%)

BUSE Company Profile


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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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

1,510

IPO Date

Oct 06, 1998

Website

BUSE Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Asset Management$57.31M$55.38M-
Banking$29.04M$33.11M-
Technology Service$21.19M$20.07M-
Fees for customer services--$35.60M
Payment technology solutions--$18.35M
Wealth management fees--$53.09M

Fiscal year ends in Dec 23 | Currency in USD

BUSE Financial Summary


Dec 23Dec 22Dec 21
Revenue$50.82M$450.24M$403.50M
Operating Income$-485.00K$212.31M$156.82M
Net Income-$128.31M$123.45M
EBITDA$-485.00K$223.94M$168.10M
Basic EPS-$2.32$2.23
Diluted EPS-$2.29$2.20

Fiscal year ends in Dec 23 | Currency in USD

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