First Busey Corporation

BUSE

US3193832041

Banks

Real-time Estimate Cboe BZX Other stock markets 12:33:06 2024-04-29 pm EDT			5-day change	1st Jan Change
22.86 ^USD	+0.24%		-0.55%	-8.28%

Apr. 23	First Busey Q1 Adjusted Earnings, Revenue Fall	MT
Apr. 23	Earnings Flash (BUSE) FIRST BUSEY CORPORATION Posts Q1 EPS $0.47, vs. Street Est of $0.49	MT

First Busey Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

January 23, 2024 at 05:00 pm EST

First Busey Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 77.13 million compared to USD 91.15 million a year ago. Net income was USD 25.75 million compared to USD 34.39 million a year ago. Basic earnings per share from continuing operations was USD 0.46 compared to USD 0.62 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.61 a year ago.

For the full year, the company reported net interest income was USD 319.45 million compared to USD 323.44 million a year ago. Net income was USD 122.57 million compared to USD 128.31 million a year ago. Basic earnings per share from continuing operations was USD 2.21 compared to USD 2.32 a year ago. Diluted earnings per share from continuing operations was USD 2.18 compared to USD 2.29 a year ago.

Latest news about First Busey Corporation

First Busey Q1 Adjusted Earnings, Revenue Fall	Apr. 23	MT
Earnings Flash (BUSE) FIRST BUSEY CORPORATION Posts Q1 EPS $0.47, vs. Street Est of $0.49	Apr. 23	MT
First Busey Corporation Reports Net Charge-Offs for the First Quarter ended March 31, 2024	Apr. 23	CI
First Busey Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 23	CI
First Busey Corporation Declares Quarterly Cash Dividend, Payable on April 26, 2024	Apr. 09	CI
First Busey Closes Acquisition of Merchants and Manufacturers Bank	Apr. 01	MT
First Busey Corporation completed the acquisition of Merchants and Manufacturers Bank Corporation (M&M)	Mar. 31	CI
Sector Update: Financial Stocks Lower Friday Afternoon	Mar. 22	MT
First Busey Gets Shareholder, Regulatory Approvals For Merchants and Manufacturers Bank Merger	Mar. 22	MT
First Busey Q4 Adjusted Earnings, Revenue Decline	Jan. 23	MT
Earnings Flash (BUSE) FIRST BUSEY CORPORATION Reports Q4 EPS $0.52, vs. Street Est of $0.50	Jan. 23	MT
Tranche Update on First Busey Corporation's Equity Buyback Plan announced on February 5, 2015.	Jan. 23	CI
First Busey Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 23	CI
First Busey Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 23	CI
North American Morning Briefing : Stock Futures Steady as Earnings Season Ramps Up	Jan. 23	DJ
First Busey Corporation Declares Quarterly Cash Dividend, Payable on January 26, 2024	Jan. 09	CI
Raymond James Adjusts Price Target on First Busey to $27 From $24, Maintains Outperform Rating	Dec. 12	MT
DA Davidson Raises First Busey Price Target to $24 From $20, Maintains Neutral Rating	Dec. 05	MT
Keefe, Bruyette & Woods Adjusts Price Target on First Busey to $25 From $24, Maintains Outperform Rating	Nov. 29	MT
Piper Sandler Adjusts Price Target on First Busey to $23 From $21, Maintains Overweight Rating	Nov. 28	MT
First Busey to Acquire Merchants and Manufacturers Bank	Nov. 27	MT
First Busey Corporation entered into an agreement and plan of merger to acquire Merchants and Manufacturers Bank Corporation from group of shareholders for $45.3 million.	Nov. 26	CI
First Busey Q3 Adjusted Earnings, Revenue Down	23-10-24	MT
Earnings Flash (BUSE) FIRST BUSEY CORPORATION Posts Q3 EPS $0.55, vs. Street Est of $0.51	23-10-24	MT
Earnings Flash (BUSE) FIRST BUSEY CORPORATION Posts Q3 Revenue $109.1M	23-10-24	MT

Chart First Busey Corporation

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Company Profile

First Busey Corporation is a bank holding company, which operates through its subsidiary, Busey Bank. The Companyâs segment includes Banking, which provides a full range of banking services to individual and corporate customers through its banking center network in Illinois; the St. Louis, Missouri metropolitan area; southwest Florida; and Indianapolis, Indiana; FirsTech segment, which provides comprehensive payment technology solutions, including online, mobile and voice-recognition bill payments; money management and credit card networks; direct debit services; lockbox remittance processing for payments made by mail; and walk-in payments. The segment also provides additional tools to help clients with billing, reconciliation, bill reminders, and treasury services, and Wealth Management segment provides a full range of asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation and farm management services to individuals, businesses, and foundations.

Sector

Banks

Calendar

2024-05-22 - Annual General Meeting

Related indices

Russell 2000

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Ratings for First Busey Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

22.8 USD

Average target price

27.17 USD

Spread / Average Target

+19.15%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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