First Busey (NASDAQ:BUSE) Releases Earnings Results, Beats Expectations By $0.06 EPS

Posted by Geri Gentry on Jul 28th, 2026

First Busey (NASDAQ:BUSE – Get Free Report) announced its earnings results on Tuesday. The bank reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.06, FiscalAI reports. First Busey had a net margin of 19.16% and a return on equity of 10.19%. The company had revenue of $194.27 million during the quarter, compared to analysts’ expectations of $197.59 million.

First Busey Price Performance

BUSE traded up $0.48 on Tuesday, hitting $30.23. 1,030,634 shares of the stock were exchanged, compared to its average volume of 694,551. First Busey has a 12 month low of $21.63 and a 12 month high of $30.51. The business has a 50-day moving average of $28.58 and a two-hundred day moving average of $26.67. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 13.44 and a beta of 0.72.

First Busey Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $1.04 annualized dividend and a yield of 3.4%. First Busey’s dividend payout ratio is currently 46.22%.

Analysts Set New Price Targets

A number of research firms recently commented on BUSE. Piper Sandler raised their price target on shares of First Busey from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Raymond James Financial increased their target price on shares of First Busey from $28.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Zacks Research raised shares of First Busey from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Wall Street Zen downgraded shares of First Busey from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Finally, Weiss Ratings upgraded First Busey from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $29.75.

Get Our Latest Stock Analysis on BUSE

Insider Transactions at First Busey

In other news, CAO Scott A. Phillips bought 5,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were purchased at an average cost of $25.90 per share, with a total value of $129,500.00. Following the acquisition, the chief accounting officer directly owned 8,350 shares in the company, valued at $216,265. This represents a 149.25% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.77% of the stock is owned by insiders.

Institutional Trading of First Busey

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Parkside Financial Bank & Trust acquired a new stake in shares of First Busey during the 4th quarter worth approximately $28,000. Litman Gregory Wealth Management LLC acquired a new position in First Busey during the fourth quarter valued at approximately $30,000. Geneos Wealth Management Inc. raised its position in First Busey by 726.1% during the first quarter. Geneos Wealth Management Inc. now owns 2,280 shares of the bank’s stock valued at $49,000 after purchasing an additional 2,004 shares in the last quarter. CIBC Private Wealth Group LLC lifted its stake in First Busey by 111.9% during the third quarter. CIBC Private Wealth Group LLC now owns 3,920 shares of the bank’s stock worth $91,000 after purchasing an additional 2,070 shares during the last quarter. Finally, Wilkerson Advisory Group LLC bought a new stake in First Busey during the fourth quarter worth $113,000. Institutional investors own 56.49% of the company’s stock.

About First Busey

(Get Free Report)

First Busey (NASDAQ: BUSE) is a bank holding company headquartered in Champaign, Illinois, with roots tracing back to the founding of Busey Bank in 1868. As a regional financial institution, it offers a broad spectrum of banking services to individuals, small businesses, and corporations. Its core activities include commercial lending, deposit-taking, and cash management, which are tailored to meet the needs of local communities across its operating footprint.

In addition to traditional banking operations, First Busey provides wealth management and trust services through its subsidiary aimed at high-net-worth clients and fiduciary accounts.