First Busey Corp

Company Profile

First Busey Corp had its IPO on 1998-10-06 under the ticker symbol BUSE.

The company operates in the Financial Services sector and Banks-Regional industry. First Busey Corp has a staff strength of 1,473 employees.

Stock update

Shares of First Busey Corp opened at $19.9 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $19.8 - $20.06, and closed at $19.94.

This is a +0.05% increase from the previous day's closing price.

A total volume of 74,661 shares were traded at the close of the day’s session.

In the last one week, shares of First Busey Corp have slipped by -4.13%.

First Busey Corp's Key Ratios

First Busey Corp has a market cap of $1.13 billion, indicating a price to book ratio of 1.2488 and a price to sales ratio of 3.1091.

In the last 12-months First Busey Corp’s revenue was $456.29 million with a gross profit of $445.62 million and an EBITDA of $0. The EBITDA ratio measures First Busey Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First Busey Corp’s operating margin was 41.08% while its return on assets stood at 1.1% with a return of equity of 11.31%.

In Q1, First Busey Corp’s quarterly earnings growth was a positive 27.5% while revenue growth was a positive 10.1%.

First Busey Corp’s PE and PEG Ratio

Forward PE

9.1996

Trailing PE

7.8958

PEG

3.05

Its diluted EPS in the last 12-months stands at $2.59 per share while it has a forward price to earnings multiple of 9.1996 and a PEG multiple of 3.05. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Busey Corp’s profitability.

First Busey Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.1091.

First Busey Corp stock pays annual dividends of $0.93 per share, indicating a yield of 5% and a payout ratio of 38.68%.

Balance sheet and cash flow metrics

Total Assets

$12.34 billion

Total Liabilities

$615.88 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

38.68%

First Busey Corp ended 2024 with $12.34 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $12.34 billion while shareholder equity stood at $1.20 billion.

First Busey Corp ended 2024 with $0 in deferred long-term liabilities, $615.88 million in other current liabilities, 55294455000.00 in common stock, $205.56 million in retained earnings and $317.87 million in goodwill. Its cash balance stood at $275.57 million and cash and short-term investments were $275.57 million. The company’s total short-term debt was $615,881,000 while long-term debt stood at $321.10 million.

First Busey Corp’s total current assets stands at $275.57 million while long-term investments were $3.30 billion and short-term investments were $3.30 billion. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, First Busey Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, First Busey Corp paid $0.39 in dividends in 2024.

Other key metrics

Current Trading Price

$19.94

52-Week High

$27.358

52-Week Low

$16.26

Analyst Target Price

$22.17

First Busey Corp stock is currently trading at $19.94 per share. It touched a 52-week high of $27.358 and a 52-week low of $27.358. Analysts tracking the stock have a 12-month average target price of $22.17.

Its 50-day moving average was $20.91 and 200-day moving average was $21.31 The short ratio stood at 4.24 indicating a short percent outstanding of 0%.

Around 744.7% of the company’s stock are held by insiders while 5079.7% are held by institutions.