Want to see BUSE full AI Analyst Report?
Top Page
First Busey
(NASDAQ:BUSE)
Select Model
Select Model
Rating:77Outperform
Price Target:
$34.00
â–²(26.02% Upside)
Action:Reiterated
Date:05/23/26
BUSE scores well primarily on improving financial performance—especially stronger TTM profitability and cash generation—supported by a constructive technical uptrend. A low P/E and ~3.8% dividend yield further bolster the score, while cyclical/volatile profitability and a recent rise in debt keep it from scoring higher.
Positive Factors
Strong cash generation and conversion
Sustained operating cash flow (~$236M TTM) and FCF (~$217M) with ~0.92x conversion versus net income indicate high cash-generation quality. This strengthens funding for loans, dividends, buybacks and cushions credit cycles, improving long-term financial flexibility.
Negative Factors
Increase in total debt from 2025 to TTM
Rising total debt, despite moderate leverage today, can raise funding costs and constrain capital actions if rates or asset risks change. Higher debt increases sensitivity to interest expense and reduces cushion for credit stress, limiting long-term strategic flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation and conversion
Sustained operating cash flow (~$236M TTM) and FCF (~$217M) with ~0.92x conversion versus net income indicate high cash-generation quality. This strengthens funding for loans, dividends, buybacks and cushions credit cycles, improving long-term financial flexibility.
Read all positive factors
First Busey (BUSE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.49B
Dividend Yield4.11%
Average Volume (3M)527.18K
Price to Earnings (P/E)11.4
Beta (1Y)0.85
Revenue Growth62.15%
EPS Growth107.42%
CountryUS
Employees1,965
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)2.56
Shares Outstanding84,577,160
10 Day Avg. Volume461,106
30 Day Avg. Volume527,180
Financial Highlights & Ratios
PEG Ratio-0.62
Price to Book (P/B)0.86
Price to Sales (P/S)2.03
P/FCF Ratio12.20
Enterprise Value/Market Cap1.15
Enterprise Value/Revenue2.55
Enterprise Value/Gross Profit3.66
Enterprise Value/Ebitda8.99
Forecast
1Y Price Target
$30.50Price Target Upside13.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)2.47
Revenue Forecast (FY)$798.65M
First Busey Business Overview & Revenue Model
Company Description
First Busey Corporation operates as the parent entity for Busey Bank, delivering a comprehensive suite of banking and financial services throughout the United States. Its diverse clientele includes individual consumers, corporate entities, institu...
How the Company Makes Money
First Busey makes money primarily through its banking and wealth management operations. In banking, the largest earnings driver is typically net interest income: the company earns interest and fees on loans and certain securities and pays interest...
First Busey Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
71
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.12B | 1.04B | 662.51M | 600.59M | 486.60M | 431.60M |
| Gross Profit | 780.66M | 666.84M | 452.86M | 438.27M | 445.43M | 418.60M |
| EBITDA | 318.13M | 204.71M | 173.86M | 176.61M | 187.39M | 185.00M |
| Net Income | 215.23M | 135.26M | 113.69M | 122.56M | 128.31M | 123.45M |
Balance Sheet | ||||||
| Total Assets | 18.04B | 18.10B | 12.05B | 12.28B | 12.34B | 12.86B |
| Cash, Cash Equivalents and Short-Term Investments | 169.04M | 181.04M | 1.93B | 2.81B | 2.69B | 4.82B |
| Total Debt | 662.48M | 490.06M | 469.19M | 523.58M | 917.70M | 638.82M |
| Total Liabilities | 15.62B | 15.64B | 10.66B | 11.01B | 11.19B | 11.54B |
| Stockholders Equity | 2.41B | 2.47B | 1.38B | 1.27B | 1.15B | 1.32B |
Cash Flow | ||||||
| Free Cash Flow | 214.29M | 173.76M | 171.84M | 163.86M | 160.80M | 156.97M |
| Operating Cash Flow | 235.73M | 192.57M | 178.27M | 173.39M | 165.79M | 162.01M |
| Investing Cash Flow | 542.56M | 1.10B | 657.90M | 550.99M | -290.86M | -829.19M |
| Financing Cash Flow | -1.68B | -1.69B | -858.09M | -231.96M | -483.86M | 814.74M |
First Busey Technical Analysis
Positive
26.98
Price Trends
27.55
Positive
26.50
Positive
24.99
Positive
Market Momentum
0.62
Positive
58.00
Neutral
44.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BUSE, the sentiment is Positive. The current price of 26.98 is below the 20-day moving average (MA) of 28.89, below the 50-day MA of 27.55, and above the 200-day MA of 24.99, indicating a bullish trend. The MACD of 0.62 indicates Positive momentum. The RSI at 58.00 is Neutral, neither overbought nor oversold. The STOCH value of 44.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BUSE.
First Busey Risk Analysis
First Busey disclosed 35 risk factors in its most recent earnings report. First Busey reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
First Busey Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $2.61B | 13.94 | 9.83% | 3.33% | 17.46% | 16.00% | |
77 Outperform | $2.49B | 11.41 | 8.84% | 4.11% | 62.15% | 107.42% | |
76 Outperform | $2.40B | 12.20 | 10.08% | 2.20% | 9.05% | 3.81% | |
76 Outperform | $2.10B | 10.43 | 15.62% | 2.73% | 4.29% | 15.77% | |
72 Outperform | $2.73B | 12.23 | 10.75% | 2.38% | 19.81% | 3091.83% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
BUSE
First Busey
29.22
5.90
25.30%
EFSC
Enterprise Financial Services
65.04
9.12
16.30%
NBTB
NBT Bancorp
49.63
7.75
18.50%
OFG
OFG Bancorp
49.87
6.71
15.55%
TRMK
Trustmark
46.23
8.82
23.57%
First Busey Corporate Events
Business Operations and StrategyStock BuybackShareholder Meetings
First Busey Expands Equity Plan and Share Repurchase Authorization
Positive
May 22, 2026
At its May 20, 2026 annual meeting, First Busey stockholders approved the Second Amended 2020 Equity Incentive Plan, adding 2.1 million shares for a broad range of equity and cash-based awards to employees, directors, and consultants, and elected ...
Dividends
First Busey Declares Quarterly Dividend on Series B Preferred
Positive
May 5, 2026
On May 5, 2026, First Busey Corporation declared a quarterly cash dividend of $0.515625 per depositary share on its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock. The dividend will be paid on June 1, 2026, to stockholders of r...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
First Busey Posts Strong Q1 2026 Earnings Recovery
Positive
Apr 28, 2026
On April 28, 2026, First Busey reported first-quarter 2026 net income of $50.0 million, or $0.52 per diluted share, versus $60.8 million in the prior quarter and a $30.0 million loss a year earlier, reflecting a sharp recovery from 2025. Adjusted ...
Dividends
First Busey Declares Quarterly Dividend, Signals Ongoing Stability
Positive
Apr 14, 2026
On April 14, 2026, First Busey Corporation declared a quarterly cash dividend of $0.26 per share on its outstanding common stock, reinforcing its ongoing practice of returning capital to shareholders. The dividend is scheduled to be paid on May 1,...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.