First Busey (BUSE) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

First Busey

NasdaqGS•Financial Services•Banks - Regional

$30.66-0.02(<0.01%)Market closed

Market Cap

$2.57B

P/E

11.1x

P/S

2.3x

P/B

1.1x

First Busey Corporation operates as the bank holding company for Busey Bank that engages in the provision of 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, Wealth Management, and FirsTech. It offers demand and savings deposits, money transfers, safe deposit services, individual retirement accounts and other fiduciary services, automated teller machines, and technology-based networks, as well as various loan products, including residential real estate, home equity lines of credit, and consumer loans to individual customers; and commercial, commercial real estate, real estate construction, and agricultural loans, as well as cash management services to corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services; trust and estate advisory services and financial planning; succession planning and employee retirement plan; and investment strategy consulting services to individuals, businesses, and foundations. In addition, its payment technology solution offers text-based mobile bill pay; interactive voice response; electronic payment concentration delivered to automated clearing house networks, money management, and credit card networks; walk-in payment processing for customers at retail pay agents; customer service payments made over a telephone; direct debit services; merchant services referral solutions; lockbox remittance processing for customers to make payments by mail; and tools for billing, reconciliation, bill reminders, and treasury services. The company was founded in 1868 and is headquartered in Leawood, Kansas.

How this company scores

ExcellentMetricSide Score: 80/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (14/25).

Profitability21/25

Growth22/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality23/25

Strengths

Growing revenueRising free cash flowStrong marginsRising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 11.1x5y range 10.0x – 26.5x

Currently near its 20-quarter median.

P/S · 2.3x5y range 1.9x – 5.7x

Currently near its 20-quarter median.

P/B · 1.1x5y range 0.7x – 1.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Leverage Risk

Watch

Debt-to-equity has risen 25.0% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $2.57B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.10B
Q. Revenue: $268.74M
TTM EBITDA: $327.62M
TTM Op. Income: $296.30M
Q. Op. Income: $82.55M
TTM Net Income: $231.00M
Q. Net Income: $63.18M
EPS: $0.69
Shares Out.: $84.50M

$1.10B in TTM revenue grew 24.9% YoY, reaching $268.74M last quarter. TTM EBITDA of $327.62M and TTM operating income of $296.30M show growth is flowing through to the bottom line. TTM net income of $231.00M means revenue is converting into profit. Over the past year, TTM revenue is up 25% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 73.2%
EBITDA Margin: 32.3%
Op. Margin: 30.7%
Net Margin: 23.5%

Op. margin of 30.7% is up 7.0% YoY — cost efficiency is improving. Net margin at 23.5% and gross margin of 73.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 30% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 11.1x
P/S Ratio: 2.3x
P/B Ratio: 1.1x

At 11.1x P/E, the stock trades below typical market levels. P/S of 2.3x and P/B of 1.1x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 58% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $18.19B
Cash: $665.37M
Long-Term Debt: $95.33M
Book Value: $2.38B
D/E Ratio: 0.0
Debt/EBITDA: 1.1

With $18.19B in assets and $95.33M in long-term debt, D/E is 0.0and book value is $2.38B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 25% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $41.48M
TTM Free Cash Flow: $208.52M
FCF Margin: 19.0%
FCF / Net Income: 0.9

TTM FCF of $208.52M on $41.48M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 29% — a weakening trend.