First Busey ( (BUSE) ) just unveiled an announcement.
On April 22, 2025, First Busey Corporation announced its first-quarter financial results, highlighting the impact of its acquisition of CrossFirst Bankshares, Inc. completed on March 1, 2025. This acquisition is expected to positively influence future financial performance by expanding Busey’s market presence and operational capabilities. The merger resulted in a net loss of $30 million for the quarter, but adjusted figures show a positive outlook with a net income of $39.9 million. The acquisition was accretive to tangible book value, surpassing initial projections.
Spark’s Take on BUSE Stock
According to Spark, TipRanks’ AI Analyst, BUSE is a Outperform.
First Busey’s strong revenue growth, efficient operations, and strategic merger are major strengths. However, declining net profit margins and ROE, combined with current bearish technical indicators, temper the overall score. The attractive valuation and dividend yield provide additional upside potential.
To see Spark’s full report on BUSE stock, click here.
More about First Busey
First Busey Corporation is a financial services company operating in the commercial banking sector. It offers a range of services including core deposit franchise, wealth management, and payment technology solutions through its subsidiary, FirsTech, Inc. The company has a significant presence in the Midwest, Southwest, and Florida with 78 full-service locations across 10 states.
YTD Price Performance: -13.60%
Average Trading Volume: 552,392
Technical Sentiment Signal: Buy
Current Market Cap: $1.79B
See more insights into BUSE stock on TipRanks’ Stock Analysis page.