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BUSE - Public offerings
First Busey Corporation (BUSE) public offerings - real-time wire coverage filtered to Offerings only.
Recent Offerings for BUSE
- First Busey Corporation Closes Depositary Share OfferingLEAWOOD, Kan., May 20, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation ("Busey") (NASDAQ:BUSE), the holding company for Busey Bank and CrossFirst Bank, today announced the closing of its previously announced underwritten public offering of 8,600,000 depositary shares (inclusive of 600,000 depositary shares offered in connection with the partial exercise of the underwriters' over-allotment option), each representing a 1/40th ownership interest in a share of its 8.25% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock, with a liquidation preference of $1,000 per share (equivalent to $25.00 per depositary share). As a result of the public offering, Busey received proceeds of approx
- First Busey Corporation Prices Depositary Share OfferingLEAWOOD, Kan., May 14, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation ("Busey") (NASDAQ:BUSE), the holding company for Busey Bank and CrossFirst Bank, announced the pricing of an underwritten public offering of 8,000,000 depositary shares, each representing a 1/40th ownership interest in a share of its 8.25% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock (the "Series B preferred stock"), with a liquidation preference of $1,000 per share (equivalent to $25.00 per depositary share). When, as, and if declared by the board of directors of Busey, dividends will be payable on the Series B preferred stock from the date of issuance at a rate of 8.25% per annum, payable
- First Busey Announces 2022 Third Quarter EarningsCHAMPAIGN, Ill., Oct. 25, 2022 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) Message from our Chairman & CEO Third Quarter 2022 Highlights: Adjusted quarterly net income1 of $36.4 million and adjusted diluted EPS1 of $0.65Net interest margin1 of 3.00% reflects a 32-basis point increase over prior quarterTotal deposit growth of $204.2 million, representing a 7.8% annualized growth rate; cycle-to-date non-maturity interest bearing deposit beta is 4.9%Core loan1 growth of $178.5 million, representing a 9.50% annualized growth rateNon-performing assets of 0.14% of total assets and annualized net charge-off ratio of 0.02%FirsTech revenue2 of $5.6 million, representing 10.8% year-
- First Busey Announces 2022 Second Quarter EarningsCHAMPAIGN, Ill., July 26, 2022 (GLOBE NEWSWIRE) -- CHAMPAIGN, IL – (GLOBE NEWSWIRE) – First Busey Corporation (NASDAQ:BUSE) Message from our Chairman & CEO Second Quarter 2022 Highlights: Second quarter 2022 net income of $29.8 million and diluted EPS of $0.53Second quarter 2022 adjusted net income1 of $30.1 million and adjusted diluted EPS1 of $0.54Second quarter 2022 net income and adjusted net income include the impact of net security losses of $1.7 millionCore loan1 growth of $249.1 million in the second quarter of 2022, representing a 13.8% annualized growth rateSecond quarter 2022 net interest margin reflects a 23 basis point increase over last quarterNon-performing assets of 0.15
- First Busey Corporation Announces Pricing of Subordinated Notes OfferingCHAMPAIGN, Ill., May 25, 2022 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) (the "Company"), the holding company for Busey Bank (the "Bank"), today announced the pricing of its public offering of $100.0 million aggregate principal amount of 5.000% Fixed-to-Floating Rate Subordinated Notes due 2032 (the "Notes"). The price to the public for the Notes was 100% of the principal amount of the Notes. Interest on the Notes will accrue at a rate equal to (i) 5.000% per annum from the original issue date to, but excluding, June 15, 2027, payable semiannually in arrears, and (ii) a floating rate per annum equal to a benchmark rate, which is expected to be Three-Month Term SOFR (as defin