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NASDAQ: BUSE
First Busey Corp Stock

$22.81+0.95 (+4.35%)
Updated Apr 19, 2024
BUSE Price
$22.81
Fair Value Price
$26.92
Market Cap
$1.26B
52 Week Low
$16.26
52 Week High
$25.80
P/E
10.32x
P/B
0.99x
P/S
3.12x
PEG
7.8x
Dividend Yield
4.21%
Revenue
$439.44M
Earnings
$122.57M
Gross Margin
100%
Operating Margin
35.02%
Profit Margin
27.9%
Debt to Equity
8.66
Operating Cash Flow
$173M
Beta
1.03
Next Earnings
Apr 23, 2024
Ex-Dividend
Apr 18, 2024
Next Dividend
Apr 26, 2024

BUSE Overview

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.

Zen Score

Industry Average (33)
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Due Diligence Checks

BUSE ($22.81) is undervalued by 15.27% relative to our estimate of its Fair Value price of $26.92 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
BUSE ($22.81) is not significantly undervalued (15.27%) relative to our estimate of its Fair Value price of $26.92 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
BUSE ($22.81) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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BUSE News

Valuation

BUSE fair value

Fair Value of BUSE stock based on Discounted Cash Flow (DCF)
Price
$22.81
Fair Value
$26.92
Undervalued by
15.27%
BUSE ($22.81) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
BUSE ($22.81) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
BUSE ($22.81) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

BUSE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
10.32x
Industry
-10.33x
Market
40.51x
BUSE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
BUSE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

BUSE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.99x
Industry
0.97x
BUSE is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BUSE price to earnings growth (PEG)

For valuing profitable companies with growth potential
BUSE is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

BUSE's financial health

Profit margin

Revenue
$108.2M
Net Income
$25.7M
Profit Margin
23.8%
BUSE's Earnings (EBIT) of $153.90M... subscribe to Premium to read more.
Interest Coverage Financials
BUSE's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$12.3B
Liabilities
$11.0B
Debt to equity
8.66
BUSE's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
BUSE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$46.1M
Investing
$391.7M
Financing
-$56.1M
BUSE's operating cash flow ($173.39M)... subscribe to Premium to read more.
Debt Coverage Financials

BUSE vs Bank Stocks

TickerMarket Cap1d %P/EP/B
BUSE$1.26B+4.35%10.32x0.99x
WABC$1.25B+2.70%7.72x1.61x
NBHC$1.28B+3.56%9.09x1.06x
CASH$1.28B+2.84%8.23x1.76x
STEL$1.23B+3.03%9.45x0.81x

First Busey Stock FAQ

What is First Busey's quote symbol?

(NASDAQ: BUSE) First Busey trades on the NASDAQ under the ticker symbol BUSE. First Busey stock quotes can also be displayed as NASDAQ: BUSE.

If you're new to stock investing, here's how to buy First Busey stock.

What is the 52 week high and low for First Busey (NASDAQ: BUSE)?

(NASDAQ: BUSE) First Busey's 52-week high was $25.80, and its 52-week low was $16.26. It is currently -11.59% from its 52-week high and 40.28% from its 52-week low.

How much is First Busey stock worth today?

(NASDAQ: BUSE) First Busey currently has 55,247,094 outstanding shares. With First Busey stock trading at $22.81 per share, the total value of First Busey stock (market capitalization) is $1.26B.

First Busey stock was originally listed at a price of $38.00 in Oct 6, 1998. If you had invested in First Busey stock at $38.00, your return over the last 25 years would have been -39.97%, for an annualized return of -2.02% (not including any dividends or dividend reinvestments).

How much is First Busey's stock price per share?

(NASDAQ: BUSE) First Busey stock price per share is $22.81 today (as of Apr 19, 2024).

What is First Busey's Market Cap?

(NASDAQ: BUSE) First Busey's market cap is $1.26B, as of Apr 20, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

First Busey's market cap is calculated by multiplying BUSE's current stock price of $22.81 by BUSE's total outstanding shares of 55,247,094.
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