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First Busey Reports Q2 Earnings Amid Tax Dispute

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First Busey Reports Q2 Earnings Amid Tax Dispute

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

On July 22, 2025, First Busey Corporation announced its second-quarter earnings for 2025, reporting a net income of $47.4 million. The company is also dealing with a franchise tax dispute with the Illinois Secretary of State, which could potentially result in additional liabilities exceeding $28 million. Busey intends to contest the preliminary estimate and defend its position, which could impact its financial standing.

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 score is bolstered by strong financial performance, particularly in revenue growth and cash flow generation. Positive technical indicators and recent corporate events further enhance the outlook. Valuation is a potential concern due to a high P/E ratio, but the attractive dividend yield mitigates some of this risk.

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

More about First Busey

First Busey Corporation is a financial services company offering a full-service banking experience for consumer and commercial clients. With 78 locations across 10 states, it provides comprehensive services including wealth management and payment technology solutions through FirsTech, Inc.

Average Trading Volume: 544,810

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.18B

Find detailed analytics on BUSE stock on TipRanks’ Stock Analysis page.

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