Last $5.55 USD
Change Today -0.02 / -0.36%
Volume 112.4K
BUSE On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

first busey corp (BUSE) Snapshot

Open
$5.58
Previous Close
$5.57
Day High
$5.63
Day Low
$5.52
52 Week High
03/7/14 - $6.23
52 Week Low
01/29/14 - $4.71
Market Cap
481.9M
Average Volume 10 Days
114.2K
EPS TTM
$0.34
Shares Outstanding
86.8M
EX-Date
07/16/14
P/E TM
16.5x
Dividend
$0.20
Dividend Yield
3.24%
Current Stock Chart for FIRST BUSEY CORP (BUSE)

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first busey corp (BUSE) Details

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. Its deposit products include noninterest-bearing demand, interest-bearing demand, savings, money market, and time deposits. The company’s loan products comprise commercial, agricultural, commercial real estate, residential real estate, and consumer loans, as well as home equity lines of credit. It also offers money transfer, safe deposit, IRA, Keogh and other fiduciary, ATM, and Internet and mobile banking services. In addition, the company provides investment management, trust, and estate advisory services, as well as financial planning services for individuals; investment management, business succession planning, and employee retirement planning services for businesses; investment management, investment strategy consulting, and fiduciary services for foundations; and brokerage related services. Further, it offers pay processing solutions, including walk-in payment processing for payments delivered by customers to retail pay agents; online bill payment solutions for payments made by customers on a billing company’s Website; customer service payments for payments accepted over the telephone; direct debit services; electronic concentration of payments delivered by the automated clearing house network; money management software and credit card networks; and lockbox remittance processing of payments delivered by mail. The company has 28 locations in Illinois; 7 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.

813 Employees
Last Reported Date: 08/7/14
Founded in 1868

first busey corp (BUSE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $794.4K
Chief Operating Officer, Chief Credit Officer...
Total Annual Compensation: $375.2K
Chief Executive Officer of Busey Bank and Pre...
Total Annual Compensation: $375.2K
Executive Vice President and General Counsel
Total Annual Compensation: $322.6K
Executive Officer
Total Annual Compensation: $365.2K
Compensation as of Fiscal Year 2013.

first busey corp (BUSE) Key Developments

First Busey Corporation Appoints Jon D. Stewart as a Director

On September 16, 2014, on the recommendation of its Nominating and Corporate Governance Committee, the board of directors of First Busey Corporation increased the number of directors constituting the full Board from eleven to twelve and appointed Jon D. Stewart as a director to fill the resultant vacancy, with such appointment effective immediately. Mr. Stewart's term will expire at the 2015 annual meeting of stockholders. He currently serves as Chief Executive Officer of Tri Star Marketing Inc.

First Busey Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Announces Net Charge-Offs for the Quarter Ended June 30, 2014

First Busey Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total interest income was $26,656,000 compared to $27,460,000 for the same period a year ago. Net interest income was $25,021,000 compared to $25,245,000 for the same period a year ago. Net interest income after provision for loan losses was $24,021,000 compared to $23,245,000 for the same period a year ago. Income before income taxes was $12,210,000 compared to $11,227,000 for the same period a year ago. Net income was $8,185,000 compared to $7,440,000 for the same period a year ago. Income available for common stockholders was $8,004,000 compared to $6,532,000 for the same period a year ago. Basic and fully-diluted earnings per common share were $0.09 compared to $0.08 for the same period a year ago. Return on average assets was 0.91% compared to 0.74% for the same period a year ago. Return on average common equity was 9.19% compared to 7.70% for the same period a year ago. Return on average tangible common equity was 10.03% compared to 8.51% for the same period a year ago. For the six months, the company reported total interest income was $52,907,000 compared to $54,575,000 for the same period a year ago. Net interest income was $49,578,000 compared to $49,828,000 for the same period a year ago. Net interest income after provision for loan losses $47,578,000 compared to $45,828,000 for the same period a year ago. Income before income taxes was $24,135,000 compared to $20,884,000 for the same period a year ago. Net income was $16,072,000 compared to $13,873,000 for the same period a year ago. Income available for common stockholders was $15,709,000 compared to $12,057,000 for the same period a year ago. Basic and fully-diluted earnings per common share were $0.18 compared to $0.14 for the same period a year ago. Book value per common share as of June 30, 2014 was $4.08 compared to $3.89 at the same period a year ago. Tangible book value per common share as of June 30, 2014 was $3.75 compared to $3.52 at the same period a year ago. Return on average assets was 0.90% compared to 0.68% for the same period a year ago. Return on average common equity was 9.12% compared to 7.17% for the same period a year ago. Return on average tangible common equity was 9.97% compared to 7.94% for the same period a year ago. Net charge-offs for the three months ended June 30, 2014 was $998,000 compared to $1,282,000 for the same period a year ago.

First Busey Corporation Declares Quarterly Cash Dividend, Payable on July 25, 2014

The board of directors of First Busey Corporation declared a quarterly cash dividend of $0.05 per share on the company's common stock. The dividend will be paid on July 25, 2014 to shareholders of record as of July 18, 2014.

 

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