First Historical Income Statement

BUSE Stock  USD 23.80  0.04  0.17%   
Historical analysis of First Busey income statement accounts such as Interest Expense of 129.2 M, Selling General Administrative of 6.8 M or Total Revenue of 48.3 M can show how well First Busey Corp performed in making a profits. Evaluating First Busey income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Busey's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Busey Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Busey Corp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Busey Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About First Income Statement Analysis

First Busey Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Busey shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Busey Income Statement Chart

First Busey Corp Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Busey Corp revenue and expense. First Busey Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, First Busey's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 7.5 M, whereas Selling General Administrative is forecasted to decline to about 6.8 M.

Total Revenue

Total revenue comprises all receipts First Busey Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Busey Corp minus its cost of goods sold. It is profit before First Busey operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Busey Corp. It is also known as First Busey overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from First Busey's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Busey Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Busey Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At present, First Busey's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 7.5 M, whereas Selling General Administrative is forecasted to decline to about 6.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense28.1M36.5M123.1M129.2M
Depreciation And Amortization11.3M11.6M10.4M6.3M

First Busey income statement Correlations

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0.53-0.340.980.990.560.930.920.93-0.680.33-0.030.310.470.030.450.290.360.26-0.06-0.58
0.61-0.220.981.00.590.930.920.93-0.690.440.050.420.550.140.540.370.480.380.06-0.49
0.55-0.30.991.00.580.940.930.94-0.70.36-0.010.340.490.10.480.310.40.30.02-0.56
0.34-0.020.560.590.580.360.360.37-0.950.270.510.250.350.10.270.210.260.230.46-0.29
0.47-0.330.930.930.940.361.01.0-0.490.34-0.220.30.50.170.460.380.360.26-0.18-0.57
0.46-0.320.920.920.930.361.01.0-0.490.34-0.230.30.50.180.460.390.360.26-0.18-0.57
0.47-0.320.930.930.940.371.01.0-0.50.34-0.210.310.50.180.470.380.370.27-0.17-0.57
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0.860.710.330.440.360.270.340.340.34-0.120.640.990.840.470.930.790.950.930.420.49
0.630.72-0.030.05-0.010.51-0.22-0.23-0.21-0.270.640.680.340.380.590.330.640.670.680.57
0.880.740.310.420.340.250.30.30.31-0.090.990.680.760.520.940.730.960.940.440.51
0.630.40.470.550.490.350.50.50.5-0.290.840.340.760.180.720.930.740.70.230.23
0.510.570.030.140.10.10.170.180.180.070.470.380.520.180.530.370.570.550.330.23
0.960.590.450.540.480.270.460.460.47-0.170.930.590.940.720.530.70.970.950.410.41
0.590.50.290.370.310.210.380.390.38-0.10.790.330.730.930.370.70.740.720.210.33
0.940.710.360.480.40.260.360.360.37-0.120.950.640.960.740.570.970.740.990.530.48
0.910.770.260.380.30.230.260.260.27-0.080.930.670.940.70.550.950.720.990.590.58
0.430.63-0.060.060.020.46-0.18-0.18-0.17-0.280.420.680.440.230.330.410.210.530.590.44
0.310.85-0.58-0.49-0.56-0.29-0.57-0.57-0.570.470.490.570.510.230.230.410.330.480.580.44
Click cells to compare fundamentals

First Busey Account Relationship Matchups

First Busey income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization9.5M10.0M11.3M11.6M10.4M6.3M
Interest Expense69.0M43.7M28.1M36.5M123.1M129.2M
Selling General Administrative162.0M143.1M167.2M180.7M7.1M6.8M
Total Revenue403.6M401.2M403.5M450.2M50.8M48.3M
Gross Profit403.6M401.2M403.5M450.2M6.7M6.3M
Other Operating Expenses269.2M273.0M246.7M6.1M51.3M102.2M
Operating Income134.4M128.2M156.8M212.3M(485K)(460.8K)
Ebit134.4M128.2M156.8M212.3M(485K)(460.8K)
Ebitda144.0M138.2M168.1M223.9M(485K)(460.8K)
Total Operating Expenses(269.2M)(273.0M)(246.7M)6.1M7.1M7.5M
Income Before Tax134.4M128.2M156.8M161.7M166.4M174.7M
Total Other Income Expense Net134.4M128.2M156.8M(50.6M)153.9M161.6M
Net Income103.0M100.3M123.4M128.3M131.2M137.8M
Income Tax Expense31.5M27.9M33.4M33.4M31.3M32.9M
Net Income Applicable To Common Shares103.0M100.3M123.4M128.3M147.6M154.9M
Net Income From Continuing Ops103.0M100.3M123.4M128.3M131.2M80.4M
Tax Provision31.5M27.9M33.4M33.4M35.2M35.3M
Net Interest Income287.2M282.9M270.7M323.4M333.5M270.0M
Interest Income356.2M326.6M298.8M360.0M456.6M316.7M
Reconciled Depreciation24.1M27.9M11.3M11.6M23.2M20.0M

Pair Trading with First Busey

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Busey position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Busey will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

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The ability to find closely correlated positions to First Busey could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Busey when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Busey - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Busey Corp to buy it.
The correlation of First Busey is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Busey moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Busey Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Busey can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether First Busey Corp is a strong investment it is important to analyze First Busey's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Busey's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Busey Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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Is First Busey's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Busey. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Busey listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Dividend Share
0.96
Earnings Share
1.99
Revenue Per Share
7.728
Quarterly Revenue Growth
(0.09)
The market value of First Busey Corp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Busey's value that differs from its market value or its book value, called intrinsic value, which is First Busey's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Busey's market value can be influenced by many factors that don't directly affect First Busey's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Busey's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Busey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Busey's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.