B. Riley Securities reiterated coverage on First Busey with a new price target
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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
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/1/2025 | $30.00 | Overweight | Piper Sandler |
| 6/30/2025 | Market Perform | Hovde Group | |
| 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 |
LEAWOOD, 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
LEAWOOD, 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
KBRA affirms the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Leawood, Kansas based First Busey Corporation (NASDAQ:BUSE) ("the company"). In addition, KBRA assigns a preferred shares rating of BBB- to BUSE. KBRA also affirms the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for its subsidiary, Busey Bank. The Outlook for all long-term ratings is Stable. Key Credit Considerations First Busey's ratings are well-positioned in the rating category and supported by a strong and consistent earnings profile underpinned by a well-diversi
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
8-K - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
11-K/A - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
11-K - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
4 - FIRST BUSEY CORP /NV/ (0000314489) (Issuer)
Piper Sandler initiated coverage of First Busey Corp with a rating of Overweight and set a new price target of $30.00
Hovde Group initiated coverage of First Busey Corp with a rating of Market Perform
Stephens downgraded First Busey Corp from Overweight to Equal-Weight
LEAWOOD, Kan., April 22, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) reports first quarter results. Busey completed the transformative acquisition of CrossFirst Bankshares, Inc. on March 1, 2025, significantly impacting first quarter results and resetting the baseline for financial performance for future quarters in a multitude of positive ways. Net Income (Loss)Diluted EPSNet Interest Margin1ROAA1ROATCE1$(30.0) million$(0.44)3.16%(0.82)%(7.99)%$39.9 million (adj)2$0.57 (adj)23.08% (adj)21.09% (adj)210.64% (adj)2 MESSAGE FROM OUR CHAIRMAN & CEOThe transformative partnership between Busey and CrossFirst takes our organization to new heights, combining our growing c
CHAMPAIGN, Il. and LEAWOOD, Kan., March 03, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation ("Busey") (NASDAQ:BUSE), the holding company for Busey Bank, announced today the completion of its acquisition by merger of CrossFirst Bankshares, Inc. ("CrossFirst") (NASDAQ:CFB), the holding company for CrossFirst Bank, effective March 1, 2025. The transaction was previously jointly announced on August 27, 2024. Busey will operate CrossFirst Bank as a separate banking subsidiary of Busey until it is merged with Busey Bank, which is expected to occur in June 2025. At the time of the bank merger, CrossFirst Bank's banking centers will become branches of Busey Bank and operate under the Busey brand
CHAMPAIGN, Ill., Jan. 28, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation (NASDAQ:BUSE) Net Income of $28.1 millionDiluted EPS of $0.49 FOURTH QUARTER 2024 HIGHLIGHTS Adjusted net income1 of $30.7 million, or $0.53 per diluted common shareAdjusted noninterest income1 of $35.4 million, or 30.3% of total revenueRecord high quarterly and annual revenue of $17.0 million and $65.0 million, respectively, for the Wealth Management segmentTangible book value per common share1 of $17.88 at December 31, 2024, compared to $16.62 at December 31, 2023, a year-over-year increase of 7.6%Tangible common equity1 increased to 8.76% of tangible assets at December 31, 2024, compared to 7.75%
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)
FORT BELVOIR, Va., May 07, 2025 (GLOBE NEWSWIRE) -- The Army Historical Foundation announced that Rudy R. Miller has presented a gift to the campaign for the National Museum of the United States Army that qualifies him for the Foundation's One-Star Circle of Distinction. The Museum, which will debut a special Revolutionary War exhibit in June marking the 250th Birthday of the U.S. Army and next year's 250th anniversary of the nation's founding, has been praised as one of the top military museums in the nation. Rudy R. Miller stated, "I became a member and early supporter of The Army Historical Foundation and the National Museum of the United States Army a few years ago. In 2024, I w