First Busey (BUSE)

Company Profile

Cummins-American Corp. is the holding company for Glenview State Bank, a privately held, locally owned and operated bank established in 1921 - currently with nearly 150 associates and seven branch locations in the Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical Area (MSA). Glenview State Bank is committed to personal service and honest solutions, by being actively involved in the communities it serves.

Company profile

Ticker

BUSE

Exchange

NASDAQ

Website

www.busey.com

CEO

Van Dukeman

Incorporated

Nevada

Location

Illinois

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

State Street • Ally Financial • Citizens Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Bank Of New York Mellon • Popular • Associated Banc-Corp. • SVB Financial ...

SEC CIK

0000314489

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

First Busey Risk Management, Inc. • Deed of Trust Services Corporation • Busey Capital Management, Inc. • Echo Holdings • Echo Properties I, LLC • Echo Properties II, LLC • Echo Properties III, LLC • Echo Properties IV, LLC • Echo Properties V, LLC • Echo Properties VI, LLC ...

IRS number

371078406

BUSE stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$25.50

Low target

$25.00

High target

$26.00

Latest filings (excl ownership)

View all

8-K

Departure of Directors or Certain Officers

23 Feb 23

First Busey Announces 2022 Fourth Quarter Earnings

3 Nov 22

First Busey Announces 2022 Third Quarter Earnings

4 Aug 22

First Busey Announces 2022 Second Quarter Earnings

Latest ownership filings

View all

Michael David Cassens

Financial summary

Financial statements Chart BUSE financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	227.16 mm	227.16 mm	227.16 mm	227.16 mm	227.16 mm	227.16 mm
Cash burn (monthly)	40.00 mm	50.74 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	117.05 mm	148.51 mm	n/a	n/a	n/a	n/a
Cash remaining	110.11 mm	78.65 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	2.8	1.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from First Busey earnings reports.

Institutional ownership, Q4 2022

BUSE institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	164	160	+2.5%
Opened positions	21	22	-4.5%
Closed positions	17	12	+41.7%
Increased positions	71	48	+47.9%
Reduced positions	38	54	-29.6%

13F shares	Current	Prev Q	Change
Total value	566.45 bn	578.28 mm	+97853.3%
Total shares	27.56 mm	26.31 mm	+4.7%
Total puts	0.00	0.00
Total calls	18.30 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	3.89 mm	$96.17 bn	+0.1%
Dimensional Fund Advisors	3.08 mm	$76.05 mm	+3.7%
Vanguard	2.85 mm	$70.37 bn	+7.2%
Wellington Management	1.60 mm	$39.53 bn	+3.9%
LSV Asset Management	1.32 mm	$32.53 mm	-1.3%
STT State Street	1.28 mm	$31.53 bn	NEW
Geode Capital Management	987.04 k	$24.39 bn	+3.2%
JHG Janus Henderson	907.70 k	$22.44 bn	+6.6%
Victory Capital Management	845.10 k	$20.89 bn	-24.3%
Basswood Capital Management, L.L.C.	736.54 k	$18.21 bn	-24.8%

Largest transactions	Shares	Bought/sold	Change
STT State Street	1.28 mm	+1.28 mm	NEW
Stieven Capital Advisors	0.00	-272.98 k	EXIT
Victory Capital Management	845.10 k	-271.02 k	-24.3%
Basswood Capital Management, L.L.C.	736.54 k	-243.50 k	-24.8%
MS Morgan Stanley	572.57 k	+202.74 k	+54.8%
Sapience Investments	201.21 k	+201.21 k	NEW
Vanguard	2.85 mm	+190.89 k	+7.2%
GS Goldman Sachs	218.89 k	-173.66 k	-44.2%
Eaton Vance Management	0.00	-169.06 k	EXIT
Dimensional Fund Advisors	3.08 mm	+109.49 k	+3.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BUSE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
22 Mar 23	Jeffrey David Jones	Common Stock	Grant	Acquire A	No	No	11,008	75,829
22 Mar 23	Robin N Elliott	Common Stock	Grant	Acquire A	No	No	11,619	154,412
22 Mar 23	Randolph Amy L	Common Stock	Grant	Acquire A	No	No	9,172	92,689
22 Mar 23	Scott A. Phillips	Common Stock	Grant	Acquire A	No	No	1,102	4,888
22 Mar 23	Bowe Monica L	Common Stock	Grant	Acquire A	No	No	6,115	38,875