NASDAQ : BUSE
First Busey Corporation — Financial statements
Financials · Banks - Regional · United States
Last price 28.81 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.34B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 800.15M | 776.43M | 426.42M | 385.85M | 287.48M | 252.10M |
| Interest Income on Investments | 117.43M | 117.43M | 97.26M | 94.69M | 72.70M | 46.70M |
| Total Interest Income | 917.58M | 893.86M | 523.68M | 480.54M | 360.18M | 298.80M |
| Interest Paid on Deposits | 302.99M | 302.99M | 178.46M | 123.98M | 16.11M | 12.58M |
| Interest Paid on Borrowings | -2.49M | 21.26M | 22.61M | 35.94M | 20.44M | 15.52M |
| Total Interest Expense | 300.50M | 324.25M | 201.07M | 159.92M | 36.55M | 28.10M |
| Net Interest Income | 617.07M | 569.61M | 322.61M | 320.62M | 323.63M | 270.70M |
| Trust Income | 94.62M | 86.75M | 72.01M | 64.74M | 55.38M | 53.09M |
| Mortgage Banking Activities | 2.56M | 2.56M | 2.08M | 1.09M | 1.90M | 7.24M |
| Gain (Loss) on Sale of Assets | 7.72M | |||||
| Gain (Loss) on Sale of Investments | 135.00K | -10.73M | -6.10M | -2.20M | -2.13M | 3.07M |
| Other Non-Interest Income | 66.50M | 65.15M | 54.54M | 47.45M | 71.47M | 69.41M |
| Total Non-Interest Income | 169.71M | 150.02M | 139.68M | 121.21M | 126.61M | 132.80M |
| Revenues Before Loan Losses | 786.79M | 719.63M | 462.29M | 441.83M | 450.24M | 403.50M |
| Provision for Loan Losses | -32.28M | 3.14M | 7.50M | 2.86M | 4.62M | -15.10M |
| Revenue | 819.07M | 716.49M | 454.80M | 438.98M | 445.62M | 418.60M |
| Salaries and Employee Benefits | 234.98M | 235.71M | 167.14M | 153.07M | 147.93M | 129.63M |
| Occupancy Expenses | 25.33M | 23.47M | 16.21M | 15.75M | 16.25M | 18.35M |
| Federal Deposit Insurance | 8.75M | 10.40M | 5.60M | 5.65M | 4.06M | 3.08M |
| Amortization of Goodwill & Intangibles | 17.11M | 16.61M | 10.06M | 10.43M | 11.63M | 11.27M |
| Selling, General & Administrative | 66.70M | 77.62M | 50.58M | 45.41M | 46.18M | 39.27M |
| Other Non-Interest Expense | 65.51M | 60.90M | 42.93M | 49.60M | 52.77M | 42.83M |
| Total Non-Interest Expense | 419.22M | 425.55M | 293.35M | 280.74M | 279.69M | 244.43M |
| EBT Excluding Unusual Items | 399.84M | 290.94M | 161.44M | 158.23M | 165.93M | 174.17M |
| Other Unusual Items | -104.30M | -104.30M | -8.14M | -4.33M | ||
| Pretax Income | 295.55M | 186.64M | 153.30M | 153.90M | 161.74M | 156.82M |
| Income Tax Expense | 65.80M | 51.38M | 39.61M | 31.34M | 33.43M | 33.37M |
| Net Income | 229.75M | 135.26M | 113.69M | 122.56M | 128.31M | 123.45M |
| Preferred Dividends & Other Adjustments | 18.36M | 9.88M | ||||
| Net Income to Common | 211.39M | 125.39M | 113.69M | 122.56M | 128.31M | 123.45M |
| Basic Shares Outstanding | 85.47M | 84.01M | 56.61M | 55.43M | 55.39M | 55.37M |
| Diluted Shares Outstanding | 86.65M | 85.13M | 57.54M | 56.26M | 56.14M | 56.01M |
| EPS (Basic) | 2.47 | 1.49 | 2.01 | 2.21 | 2.32 | 2.23 |
| EPS (Diluted) | 2.43 | 1.47 | 1.98 | 2.18 | 2.29 | 2.20 |
| Dividend Per Share | 1.03 | 1.00 | 0.96 | 0.96 | 0.92 | 0.92 |
| Effective Tax Rate | 22.26% | 27.53% | 25.84% | 20.36% | 20.67% | 21.28% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 907.50M | 294.05M | 697.66M | 719.58M | 227.16M | 836.10M |
| Investment Securities | 2.69B | 866.10M | 778.71M | 1.01B | 1.25B | 1.40B |
| Trading Asset Securities | 27.69M | 30.37M | 29.99M | 42.61M | 20.31M | |
| Mortgage-Backed Securities | 685.13M | 2.22B | 2.01B | 2.09B | 2.27B | 2.68B |
| Total Investments | 3.37B | 3.12B | 2.82B | 3.13B | 3.56B | 4.11B |
| Gross Loans | 12.82B | 13.57B | 7.70B | 7.65B | 7.73B | 7.19B |
| Allowance for Loan Losses | -164.28M | -174.02M | -83.40M | -91.74M | -91.61M | -87.89M |
| Net Loans | 12.66B | 13.39B | 7.61B | 7.56B | 7.63B | 7.10B |
| Property, Plant & Equipment | 190.26M | 223.65M | 129.43M | 133.62M | 139.35M | 146.68M |
| Goodwill | 383.28M | 333.69M | 317.87M | 317.87M | 317.87M | |
| Other Intangible Assets | 467.14M | 97.45M | 32.28M | 35.99M | 46.42M | 58.05M |
| Loans Held for Sale | 68.08M | 5.75M | 3.66M | 2.38M | 1.25M | 23.88M |
| Accrued Interest Receivable | 71.79M | 45.14M | 45.29M | 43.37M | 31.06M | |
| Long-Term Deferred Tax Assets | 111.38M | 95.46M | 104.00M | 122.83M | 21.62M | |
| Other Real Estate Owned & Foreclosed | 1.97M | 4.63M | 63.00K | 125.00K | 850.00K | 4.42M |
| Other Long-Term Assets | 894.82M | 401.46M | 280.57M | 238.19M | 243.27M | 213.58M |
| Total Assets | 18.56B | 18.10B | 12.05B | 12.28B | 12.34B | 12.86B |
| Interest Bearing Deposits | 11.18B | 9.57B | 6.40B | 6.38B | 6.26B | 6.64B |
| Institutional Deposits | 920.14M | 1.67B | 860.19M | 1.07B | 416.44M | 454.65M |
| Non-Interest Bearing Deposits | 3.44B | 3.66B | 2.72B | 2.83B | 3.39B | 3.67B |
| Total Deposits | 15.54B | 14.91B | 9.98B | 10.29B | 10.07B | 10.77B |
| Short-Term Borrowings | 154.69M | 209.08M | 213.71M | 241.53M | 641.32M | 297.32M |
| Current Portion of Long-Term Debt | 12.00M | 12.00M | 12.00M | |||
| Current Portion of Leases | 6.75M | |||||
| Long-Term Debt | 302.21M | 104.19M | 227.72M | 240.88M | 252.04M | 264.72M |
| Federal Home Loan Bank Debt, Long-Term | 102.79M | 4.06M | ||||
| Long-Term Leases | 32.08M | 11.04M | 11.31M | 12.99M | 10.59M | |
| Trust Preferred Securities | 77.33M | 74.81M | 71.99M | 71.81M | 71.64M | |
| Pension & Post-Retirement Benefits | 5.50M | 5.70M | 5.60M | |||
| Other Long-Term Liabilities | 307.85M | 192.09M | 147.98M | 136.97M | 129.25M | 111.68M |
| Total Liabilities | 16.30B | 15.64B | 10.66B | 11.01B | 11.19B | 11.54B |
| Common Stock | 2.07B | 93.00K | 60.00K | 58.00K | 58.00K | 58.00K |
| Additional Paid-In Capital | 2.38B | 1.36B | 1.32B | 1.32B | 1.32B | |
| Retained Earnings | 424.88M | 336.71M | 294.05M | 237.20M | 168.77M | 92.46M |
| Treasury Stock | -118.86M | -64.34M | -70.07M | -70.55M | -66.64M | |
| Comprehensive Income & Other | -241.88M | -124.47M | -207.04M | -218.80M | -273.28M | -23.76M |
| Shareholders' Equity | 2.26B | 2.47B | 1.38B | 1.27B | 1.15B | 1.32B |
| Total Liabilities & Equity | 18.56B | 18.10B | 12.05B | 12.28B | 12.34B | 12.86B |
| Total Debt | 456.91M | 532.21M | 527.29M | 577.71M | 990.16M | 660.32M |
| Net Cash (Debt) | 450.60M | -210.47M | 200.74M | 171.86M | -720.39M | 196.09M |
| Net Cash Per Share | 5.20 | -2.47 | 3.49 | 3.06 | -12.83 | 3.50 |
| Filing Date Shares Outstanding | 81.28M | 86.23M | 56.96M | 55.25M | 55.29M | 55.29M |
| Total Common Shares Outstanding | 81.28M | 87.62M | 56.90M | 55.24M | 55.28M | 55.43M |
| Book Value Per Share | 27.76 | 28.18 | 24.31 | 23.02 | 20.73 | 23.80 |
| Tangible Book Value | 1.79B | 1.99B | 1.02B | 918.12M | 781.68M | 943.19M |
| Tangible Book Value Per Share | 22.01 | 22.69 | 17.88 | 16.62 | 14.14 | 17.01 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 135.26M | 113.69M | 122.56M | 128.31M | 123.45M | |
| Depreciation & Amortization | 30.20M | 20.56M | 31.70M | 31.98M | 33.74M | |
| Gain (Loss) on Sale of Assets | 404.00K | 1.99M | -396.00K | -452.00K | 2.38M | |
| Gain (Loss) on Sale of Investments | 12.18M | 14.96M | 16.61M | 22.93M | 21.18M | |
| Total Asset Writedown | 182.00K | 1.00K | 687.00K | -638.00K | ||
| Provision for Credit Losses | 52.74M | 7.50M | 2.86M | 4.62M | -15.10M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -812.00K | 494.00K | -395.00K | 24.34M | 31.72M | |
| Change in Other Net Operating Assets | -37.52M | 11.23M | -5.52M | -53.65M | -20.89M | |
| Other Operating Activities | -15.52M | 1.89M | 107.00K | -6.00K | -12.36M | |
| Operating Cash Flow | 192.57M | 178.27M | 173.39M | 165.79M | 162.01M | |
| Capital Expenditures | -19.62M | -6.43M | -9.53M | -4.99M | -5.04M | |
| Sale of Property, Plant and Equipment | 936.00K | 2.25M | 4.42M | 4.53M | 7.31M | |
| Cash Acquisitions | 385.80M | 18.38M | 228.28M | |||
| Investment in Securities | 538.56M | 333.24M | 474.81M | 260.76M | -1.14B | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 188.86M | 349.85M | 65.24M | -541.71M | 76.83M | |
| Other Investing Activities | -18.93M | -40.05M | 15.18M | -12.63M | 4.63M | |
| Investing Cash Flow | 1.10B | 657.90M | 550.99M | -290.86M | -829.19M | |
| Short-Term Debt Issued | 71.32M | 330.00M | 78.87M | |||
| Long-Term Debt Issued | 40.00M | 98.09M | 72.50M | |||
| Total Debt Issued | 111.32M | 428.09M | 151.37M | |||
| Short-Term Debt Repaid | -71.16M | -68.97M | -377.41M | -40.33M | ||
| Long-Term Debt Repaid | -129.17M | -31.45M | -16.05M | -112.68M | -19.16M | |
| Total Debt Repaid | -200.33M | -100.42M | -393.46M | -153.01M | -19.16M | |
| Net Debt Issued (Repaid) | -89.01M | -100.42M | -393.46M | 275.08M | 132.22M | |
| Issuance of Common Stock | 1.84M | |||||
| Repurchase of Common Stock | -75.14M | -1.75M | -5.58M | -11.19M | -34.04M | |
| Preferred Stock Issued | 207.45M | |||||
| Common Dividends Paid | -81.11M | -54.17M | -53.08M | -50.86M | -50.76M | |
| Preferred Dividends Paid | -9.88M | |||||
| Total Dividends Paid | -90.99M | -54.17M | -53.08M | -50.86M | -50.76M | |
| Net Increase (Decrease) in Deposit Accounts | -1.65B | -701.61M | 220.15M | -696.89M | 767.47M | |
| Other Financing Activities | -1.37M | -144.00K | 9.00K | -150.00K | ||
| Financing Cash Flow | -1.69B | -858.09M | -231.96M | -483.86M | 814.74M | |
| Net Cash Flow | -403.61M | -21.92M | 492.42M | -608.93M | 147.56M | |
| Free Cash Flow | 172.95M | 171.84M | 163.86M | 160.80M | 156.97M | |
| Free Cash Flow Margin | 24.14% | 37.78% | 37.33% | 36.08% | 37.50% | |
| Free Cash Flow Per Share | 2.03 | 2.99 | 2.91 | 2.86 | 2.80 | |
| Cash Interest Paid | 320.01M | 208.36M | 135.48M | 35.30M | 25.37M | |
| Cash Income Tax Paid | 20.91M | 12.91M | 25.41M | 30.68M | 22.49M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.34B | 2.10B | 1.34B | 1.37B | 1.37B | 1.51B |
| Last Close Price | 28.81 | 22.92 | 21.71 | 21.98 | 20.92 | 22.14 |
| PE Ratio | 11.85 | 16.77 | 11.79 | 11.19 | 10.64 | 12.23 |
| PS Ratio | 2.86 | 2.94 | 2.95 | 3.12 | 3.06 | 3.61 |
| PB Ratio | 1.04 | 0.85 | 0.97 | 1.08 | 1.19 | 1.15 |
| P/FCF Ratio | 11.23 | 12.16 | 7.80 | 8.37 | 8.49 | 9.62 |
| P/OCF Ratio | 10.28 | 10.92 | 7.52 | 7.91 | 8.24 | 9.32 |
| Debt / Equity Ratio | 0.20 | 0.22 | 0.38 | 0.45 | 0.86 | 0.50 |
| Debt / FCF Ratio | 3.08 | 3.07 | 3.53 | 6.16 | 4.21 | |
| Net Debt / Equity Ratio | -0.20 | 0.09 | -0.14 | -0.14 | 0.63 | -0.15 |
| Net Debt / FCF Ratio | 1.22 | -1.17 | -1.05 | 4.48 | -1.25 | |
| Return on Equity (ROE) | 9.77% | 7.02% | 8.56% | 10.14% | 10.41% | 9.54% |
| Return on Assets (ROA) | 1.25% | 0.90% | 0.93% | 1.00% | 1.02% | 1.05% |
| Earnings Yield | 8.44% | 6.43% | 8.48% | 8.94% | 9.40% | 8.18% |
| FCF Yield | 8.91% | 8.22% | 12.82% | 11.95% | 11.78% | 10.40% |
| Dividend Yield | 3.61% | 4.17% | 4.07% | 3.87% | 3.72% | 3.38% |
| Payout Ratio | 42.76% | 67.27% | 47.65% | 43.30% | 39.64% | 41.12% |
| Buyback Yield / Dilution | -12.29% | -47.95% | -2.29% | -0.21% | -0.23% | -2.16% |
| Total Shareholder Return | -8.69% | -43.78% | 1.79% | 3.65% | 3.50% | 1.22% |