B. Riley Securities reiterated coverage on First Busey with a new price target
$BUSE
Major Banks
Finance
B. Riley Securities reiterated coverage of First Busey with a rating of Neutral and set a new price target of $28.00 from $27.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2024 | Overweight → Equal-Weight | Stephens | |
| 1/31/2022 | $31.00 | Market Perform → Outperform | Raymond James |
| 12/3/2021 | $27.00 → $28.00 | Neutral | B. Riley Securities |
SC 13G/A - FIRST BUSEY CORP /NV/ (0000314489) (Subject)
SC 13G - FIRST BUSEY CORP /NV/ (0000314489) (Subject)
SC 13G/A - FIRST BUSEY CORP /NV/ (0000314489) (Subject)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
EFFECT - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
424B3 - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
S-4/A - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
CHAMPAIGN, Ill., Oct. 22, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) Net Income of $32.0 millionDiluted EPS of $0.55 THIRD QUARTER 2024 HIGHLIGHTS Adjusted net income1 of $33.5 million, or $0.58 per diluted common shareNoninterest income of $36.0 million, or 30.5% of operating revenue1Record high quarterly revenue for the Wealth Management operating segmentTangible book value per common share1 of $18.19 at September 30, 2024, compared to $16.97 at June 30, 2024, and $15.07 at September 30, 2023, a year-over-year increase of 20.7%Tangible common equity1 increased to 8.96% of tangible assets at September 30, 2024, compared to 8.36% at June 30, 2024, and 7.06% at
CHAMPAIGN, Ill. and LEAWOOD, Kan., Aug. 27, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation ("Busey") (NASDAQ:BUSE), the holding company for Busey Bank, and CrossFirst Bankshares, Inc. ("CrossFirst") (NASDAQ:CFB), the holding company for CrossFirst Bank, jointly announced today the signing of a definitive agreement and plan of merger, pursuant to which CrossFirst will merge with and into Busey (the "Merger") in an all-common stock transaction valued at approximately $916.8 million, based on Busey's closing stock price of $27.39 as of August 26, 2024. The combined company, which will operate under the Busey brand, will have approximately $20 billion in total assets, approximately $17 billi
CHAMPAIGN, Il., July 23, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) Net Income of $27.4 millionDiluted EPS of $0.47 SECOND QUARTER 2024 HIGHLIGHTS Adjusted net income1 of $29.0 million, or $0.50 per diluted common shareNet interest margin1 increased by 24 basis points to 3.03% from 2.79% in the prior quarterNoninterest income of $33.8 million, and adjusted noninterest income1 of $33.9 million, or 29.1% of operating revenue1Record high quarterly revenue for both the Wealth Management and FirsTech operating segmentsFinalized the acquisition of Merchants & Manufacturers Bank Corporation ("M&M") and its wholly owned subsidiary Merchants &
Keefe, Bruyette & Woods analyst Damon Delmonte reiterates First Busey (NASDAQ:BUSE) with a Outperform and raises the price target from $28 to $31.
First Busey (NASDAQ:BUSE) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.49 by 2.04 percent. This is a 3.85 percent decrease over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $116.23 million which missed the analyst consensus estimate of $116.35 million by 0.10 percent. This is a 8.95 percent increase over sales of $106.68 million the same period last year.
Stephens & Co. analyst Terry McEvoy reiterates First Busey (NASDAQ:BUSE) with a Overweight and maintains $28 price target.
CHAMPAIGN, Ill., Oct. 22, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) Net Income of $32.0 millionDiluted EPS of $0.55 THIRD QUARTER 2024 HIGHLIGHTS Adjusted net income1 of $33.5 million, or $0.58 per diluted common shareNoninterest income of $36.0 million, or 30.5% of operating revenue1Record high quarterly revenue for the Wealth Management operating segmentTangible book value per common share1 of $18.19 at September 30, 2024, compared to $16.97 at June 30, 2024, and $15.07 at September 30, 2023, a year-over-year increase of 20.7%Tangible common equity1 increased to 8.96% of tangible assets at September 30, 2024, compared to 8.36% at June 30, 2024, and 7.06% at
CHAMPAIGN, Ill. and LEAWOOD, Kan., Aug. 27, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation ("Busey") (NASDAQ:BUSE), the holding company for Busey Bank, and CrossFirst Bankshares, Inc. ("CrossFirst") (NASDAQ:CFB), the holding company for CrossFirst Bank, jointly announced today the signing of a definitive agreement and plan of merger, pursuant to which CrossFirst will merge with and into Busey (the "Merger") in an all-common stock transaction valued at approximately $916.8 million, based on Busey's closing stock price of $27.39 as of August 26, 2024. The combined company, which will operate under the Busey brand, will have approximately $20 billion in total assets, approximately $17 billi
CHAMPAIGN, Il., July 23, 2024 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) Net Income of $27.4 millionDiluted EPS of $0.47 SECOND QUARTER 2024 HIGHLIGHTS Adjusted net income1 of $29.0 million, or $0.50 per diluted common shareNet interest margin1 increased by 24 basis points to 3.03% from 2.79% in the prior quarterNoninterest income of $33.8 million, and adjusted noninterest income1 of $33.9 million, or 29.1% of operating revenue1Record high quarterly revenue for both the Wealth Management and FirsTech operating segmentsFinalized the acquisition of Merchants & Manufacturers Bank Corporation ("M&M") and its wholly owned subsidiary Merchants &
Stephens downgraded First Busey Corp from Overweight to Equal-Weight
Raymond James upgraded First Busey from Market Perform to Outperform and set a new price target of $31.00
B. Riley Securities reiterated coverage of First Busey with a rating of Neutral and set a new price target of $28.00 from $27.00 previously