First Busey Completes $207.48 Million Share Issuance

First Busey ( (BUSE) ) has shared an update.

On May 20, 2025, First Busey Corporation completed the issuance of 8,600,000 depositary shares, representing a 1/40th interest in its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock, raising approximately $207.48 million. This strategic move enhances Busey’s capital structure and positions it for future growth, while the partial exercise of underwriters’ options indicates strong market interest.

The most recent analyst rating on (BUSE) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on First Busey stock, see the BUSE Stock Forecast page.

Spark’s Take on BUSE Stock

According to Spark, TipRanks’ AI Analyst, BUSE is a Outperform.

First Busey’s stock demonstrates strong financial performance with robust revenue growth and efficient operations, though declining net margins and ROE could pose future challenges. The stock’s technical indicators suggest short-term momentum but highlight caution due to longer-term resistance and nearing overbought conditions. Valuation metrics are favorable, with a reasonable P/E ratio and attractive dividend yield. The recent merger with CrossFirst Bankshares significantly enhances Busey’s market position and growth prospects, contributing positively to the stock’s outlook.

To see Spark’s full report on BUSE stock, click here.

More about First Busey

First Busey Corporation is a financial holding company headquartered in Leawood, Kansas, with total assets of $19.46 billion as of March 31, 2025. It operates Busey Bank, with assets of $11.98 billion and 62 banking centers across several states, and CrossFirst Bank, with assets of $7.45 billion and 16 banking centers. Busey provides a range of financial services through its Wealth Management division and FirsTech, Inc., which offers payment technology solutions.

Average Trading Volume: 584,420

Technical Sentiment Signal: Buy

Current Market Cap: $2.02B

For a thorough assessment of BUSE stock, go to TipRanks’ Stock Analysis page.