First Busey Corp Stock Today
| BUSE Stock | USD 22.80 0.29 1.26% |
Performance0 of 100
| Odds Of DistressLess than 9
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First Busey is trading at 22.80 as of the 28th of April 2024, a -1.26% down since the beginning of the trading day. The stock's lowest day price was 22.78. First Busey has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Busey Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 6th of October 1998 | Category Financial Services | Classification Financials |
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. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois. The company has 56.73 M outstanding shares of which 972.52 K shares are currently shorted by private and institutional investors with about 5.5 trading days to cover. More on First Busey Corp
Moving together with First Stock
| 0.75 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.87 | BY | Byline Bancorp Normal Trading | PairCorr |
| 0.88 | PB | Prosperity Bancshares Normal Trading | PairCorr |
Moving against First Stock
| 0.45 | TECTP | Tectonic Financial | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 23rd of July 2024
First Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Busey's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Busey or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Van Dukeman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering First Busey report their recommendations after researching First Busey's financial statements, talking to executives and customers, or listening in on First Busey's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering First Busey Corp. The First consensus assessment is calculated by taking the average forecast from all of the analysts covering First Busey. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from First Busey's financial statements, First Busey Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of First Busey Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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First Busey's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to First Busey's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. First Busey's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of First Busey's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Busey's financial leverage. It provides some insight into what part of First Busey's total assets is financed by creditors.
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First Busey Corp (BUSE) is traded on NASDAQ Exchange in USA. It is located in 100 West University Avenue, Champaign, IL, United States, 61820 and employs 1,464 people. First Busey is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Busey's market, we take the total number of its shares issued and multiply it by First Busey's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. First Busey Corp conducts business under Banks sector and is part of Financials industry. The entity has 56.73 M outstanding shares of which 972.52 K shares are currently shorted by private and institutional investors with about 5.5 trading days to cover.
First Busey Corp currently holds about 347.15 M in cash with 173.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.28.
Check First Busey Probability Of Bankruptcy
Ownership AllocationFirst Busey holds a total of 56.73 Million outstanding shares. Over half of First Busey's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in First Busey. Please watch out for any change in the institutional holdings of First Busey Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check First Ownership Details
First Stock Price Odds Analysis
What are First Busey's target price odds to finish over the current price? Based on a normal probability distribution, the odds of First Busey jumping above the current price in 90 days from now is about 58.05%. The First Busey Corp probability density function shows the probability of First Busey stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.793 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Busey will likely underperform. Additionally, first Busey Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of First Busey to move above the current price in 90 days from now is about 58.05 (This First Busey Corp probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .
First Stock Institutional Holders
Institutional Holdings refers to the ownership stake in First Busey that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Busey's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Busey's value.| Instituion | Recorded On | Shares | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 636.6 K | |
| American Century Companies Inc | 2023-12-31 | 631 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 553.1 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 497.1 K | |
| Osborne Partners Capital Management | 2023-12-31 | 445.3 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 416.7 K | |
| Private Capital Management, Llc | 2023-12-31 | 408.8 K | |
| Cozad Asset Management Inc | 2023-12-31 | 402.1 K | |
| Victory Capital Management Inc. | 2023-12-31 | 387.7 K | |
| Blackrock Inc | 2023-12-31 | 4.7 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.3 M |
First Busey Historical Income Statement
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. View More FundamentalsFirst Stock Against Markets
Picking the right benchmark for First Busey stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Busey stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Busey is critical whether you are bullish or bearish towards First Busey Corp at a given time. Please also check how First Busey's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in First Busey without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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First Busey Corporate Directors
First Busey corporate directors refer to members of a First Busey board of directors. The board of directors generally takes responsibility for the First Busey's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Busey's board members must vote for the resolution. The First Busey board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| E Knox | Director | Profile | |
| Stanley Bradshaw | Independent Director | Profile | |
| August Meyer | Independent Director | Profile | |
| Jon Stewart | Director | Profile |
How to buy First Stock?
Before investing in First Busey, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Busey. To buy First Busey stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Busey. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Busey stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Busey Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Busey Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as First Busey Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Stock please use our How to Invest in First Busey guide.
Already Invested in First Busey Corp?
The danger of trading First Busey Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Busey is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Busey. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Busey Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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When running First Busey's price analysis, check to measure First Busey's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Busey is operating at the current time. Most of First Busey's value examination focuses on studying past and present price action to predict the probability of First Busey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Busey's price. Additionally, you may evaluate how the addition of First Busey to your portfolios can decrease your overall portfolio volatility.
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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.