BUSE
First Busey CorporationFinancial Services·Banks - Regional
$27.37
$2.3B market cap
Revenue
$545.5M
Free Cash Flow
$113.9M
Rev Growth
+0.0%
FCF Margin
20.9%
P/FCF
20.3x
EV/FCF
24.6x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers customary types of demand and savings deposits; and commercial, agricultural, real estate construction, commercial and residential real estate, and consumer loans, as well
2-Year Price History
$27.08+30.8%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 267.8 | 63.7 | 63.7 | 50.0 | 51.5 | 49.1 | -2.5 | 169.0 | 662.5 | 89.1 | 14.3% | 0.9x | -- |
| Act | 2025-Q4 | 277.8 | 88.3 | 77.5 | 60.8 | 72.2 | 64.9 | -7.3 | 181.0 | 490.1 | 89.1 | 18.8% | 1.1x | -- |
Valuation & Metrics
Market Stats
Price$27.37
Market Cap$2.3B
Enterprise Value$2.8B
P/S Ratio4.2x
P/FCF20.3x
EV/FCF24.6x
FCF Margin (TTM)20.9%
FCF Yield4.9%
Dividend Yield (TTM)3.7%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$545.5M
Net Income$110.7M
Free Cash Flow$113.9M
Revenue Growth (YoY)+0.0%
EBITDA Margin27.9%
Net Margin20.3%
FCF Margin20.9%
CapEx % of Revenue1.8%
SBC % of Revenue1.5%
ROIC16.6%
WC Change % Rev-0.2%
Interest Coverage1.0x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares3.3M
Days to Cover6.2
Change (vs Prior)+15.8%
Need at least 2 settlement dates for chart
Employees
Headcount1,965
Revenue / Employee$277,626
Gross Profit / Employee$198,977
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
34.7%(+4.8% YoY)
229 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
26.0%(+4.8% YoY)
11 filers
Vanguard, iShares, SPDR
Market makers
0.6%(+0.3% YoY)
6 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP | $176M | $22.27 | −$19.2M | +$134M | -0.3% | $533.98B |
| BlackRock, Inc.Passive | $176M | $22.97 | −$518K | −$5.0M | -0.2% | $5.69T |
| DIMENSIONAL FUND ADVISORS LPPassive | $128M | $20.78 | +$4.9M | −$743K | -0.4% | $480.92B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $91.6M | $25.02 | +$90.7M | +$91.6M | — | $4.04T |
| STATE STREET CORPPassive | $78.1M | $21.84 | +$4.2M | +$19.1M | -0.2% | $2.89T |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $58.5M | $21.20 | +$4.2M | +$8.0M | +2.3% | $1.61T |
| LSV ASSET MANAGEMENT | $35.1M | $20.78 | +$93K | +$2.0M | +0.0% | $46.40B |
| AMERICAN CENTURY COMPANIES INC | $34.0M | $21.16 | +$3.0M | −$9.7M | +0.7% | $193.48B |
| Savvy Advisors, Inc. | $32.7M | $24.86 | +$29.3M | +$32.7M | -0.3% | $3.65B |
| MIRABELLA FINANCIAL SERVICES LLP | $31.6M | $22.31 | +$1.6M | +$31.6M | +0.9% | $984M |
| Bank of New York Mellon Corp | $28.1M | $22.00 | −$5.1M | +$16.2M | -0.2% | $543.21B |
| GOLDMAN SACHS GROUP INC | $27.3M | $22.55 | +$13.2M | +$15.4M | -0.2% | $760.93B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $24.3M | $20.58 | +$129K | +$646K | +0.7% | $645.81B |
| NORTHERN TRUST CORPPassive | $21.9M | $21.04 | +$779K | −$1.3M | -0.2% | $755.34B |
| FMR LLC | $21.0M | $23.62 | +$12.8M | +$15.2M | -0.0% | $1.89T |
| Verition Fund Management LLC | $20.2M | $22.70 | +$4.9M | +$13.3M | -0.4% | $9.73B |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $18.2M | $21.44 | −$3.2M | −$8.9M | +0.1% | $184.72B |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $17.9M | $25.02 | +$17.8M | +$17.9M | — | $1.91T |
| MORGAN STANLEY | $16.2M | $21.42 | −$2.4M | +$2.5M | -0.3% | $1.65T |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $16.0M | $20.76 | −$7K | +$1000K | -2.3% | $4.93B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.14%
avg per quarter
Holders (ex-self)
-0.14%
excl. this stock
Buyers (this Q)
-0.20%
117 buyers · $0.29B in
Sellers (this Q)
+0.24%
72 sellers · $0.07B out
alpha coverage: 91% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-7.8%
how holders react when this stock falls
On quiet Qs
+0.2%
−10% to +10% baseline
On rallies (+10%+)
+5.1%
how they react when this stock rises
Holders' portfolio flow this Q
+1.0%
inflows — adds are organic
Sellers' portfolio flow this Q
+1.7%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-4.1%
Holder mid (any stock)
-2.6%
Holder rally (any stock)
-3.9%
Biggest decreases this quarter
WELLINGTON MANAGEMENT GROUP LLP−$19.2Mα-0.3Nuveen, LLC−$11.1Mα+0.0Stieven Capital Advisors, L.P.exited−$7.4MBank of New York Mellon Corp−$5.1Mα-0.2PEREGRINE CAPITAL MANAGEMENT LLCexited−$4.8MARROWSTREET CAPITAL, LIMITED PARTNERSHIP−$3.2Mα+0.1MORGAN STANLEY−$2.4Mα-0.3RMB Capital Management, LLCexited−$1.2MMENDON CAPITAL ADVISORS CORPexited−$1.2MQube Research & Technologies Ltdexited−$1.1M
New buyers this quarter
Top-5 holders · 46.8%
WELLINGTON MANAGEMENT GROUP LLP--
BlackRock, Inc.--
DIMENSIONAL FUND ADVISORS LP--
VANGUARD CAPITAL MANAGEMENT LLC--
STATE STREET CORP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
WELLINGTON MANAGEMENT GROUP LLP7.0MBusey Trust CO—BASSWOOD CAPITAL MANAGEMENT, L.L.C.117KALLIANCEBERNSTEIN L.P.87KAMERICAN CENTURY COMPANIES INC1.3MLSV ASSET MANAGEMENT1.4MPlancorp, LLC—Savvy Advisors, Inc.1.3MMIRABELLA FINANCIAL SERVICES LLP1.2MBank of New York Mellon Corp1.1M
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (2 analysts)$29.00600.0%
Last Year (3 analysts)$29.00600.0%
Current Price$27.37
Analyst Ratings
4
7
Buy: 4Hold: 7Consensus: Hold
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$1.81M
21 txns · 5 insiders · 73,425 sh
Sells ($, 12mo)
$133K
7 txns · 1 insider · 5,250 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-05-15 | SELL | Cassens Michael David | director | 750 | $26.11 | $20K | $3.67M |
| 2026-05-12 | BUY | BRADSHAW STANLEY J | director | 600 | $25.99 | $16K | $13.15M |
| 2026-05-04 | BUY | Phillips Scott A. | officer: Chief Accounting Officer | 5,000 | $25.90 | $130K | $216K |
| 2026-04-15 | SELL | Cassens Michael David | director | 750 | $26.75 | $20K | $3.77M |
| 2026-03-19 | BUY | BRADSHAW STANLEY J | director | 400 | $24.00 | $10K | $12.05M |
| 2026-03-16 | SELL | Cassens Michael David | director | 750 | $24.92 | $19K | $3.46M |
| 2026-03-06 | BUY | BRADSHAW STANLEY J | director | 1,000 | $24.50 | $25K | $12.29M |
| 2026-02-17 | SELL | Cassens Michael David | director | 750 | $26.61 | $20K | $3.71M |
| 2026-01-15 | SELL | Cassens Michael David | director | 750 | $24.24 | $18K | $3.39M |
| 2025-12-15 | SELL | Cassens Michael David | director | 750 | $25.37 | $19K | $3.57M |
| 2025-12-03 | BUY | Maddox Mike | director, officer: President | 1,000 | $25.52 | $26K | $1.03M |
| 2025-11-14 | SELL | Cassens Michael David | director | 750 | $22.92 | $17K | $3.24M |
| 2025-10-31 | BUY | BRADSHAW STANLEY J | director | 1,500 | $22.31 | $33K | $11.17M |
| 2025-10-31 | BUY | Phillips Scott A. | officer: CAO | 1,350 | $25.64 | $35K | $60K |
| 2025-09-12 | BUY | Jensen Karen M | director | 3,000 | $24.60 | $74K | $2.14M |
| 2025-09-05 | BUY | Maddox Mike | director, officer: President | 7,960 | $25.44 | $203K | $999K |
| 2025-09-04 | BUY | Maddox Mike | director, officer: President | 10,000 | $25.52 | $255K | $811K |
| 2025-09-02 | BUY | Maddox Mike | director, officer: President | 21,780 | $25.26 | $550K | $550K |
| 2025-08-19 | BUY | Phillips Scott A. | officer: CAO and Interim CFO | 1,000 | $25.25 | $25K | $25K |
| 2025-07-31 | BUY | BRADSHAW STANLEY J | director | 3,000 | $22.35 | $67K | $11.14M |
Order Flow (FINRA, ~3w lag)
11.3%retail+1.8pp
18.5%dark+1.9pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
First Busey Corporation: Routine administrative metadata reveals stable tier-1 capital structure
Overall Risk
2/10
Fraud
1/10
Dilution
2/10
Insolvency
2/10
Earnings Overstated
1/10
Hidden Liabilities
2/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
2/10
Contextually Acceptable
10/10