First Busey (NASDAQ:BUSE – Get Free Report) is expected to be posting its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to post earnings of $0.65 per share and revenue of $197.5890 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 8:00 AM ET.
First Busey (NASDAQ:BUSE – Get Free Report) last announced its earnings results on Tuesday, April 28th. The bank reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.10. The business had revenue of $197.17 million for the quarter, compared to the consensus estimate of $197.15 million. First Busey had a net margin of 19.16% and a return on equity of 10.19%. On average, analysts expect First Busey to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
First Busey Price Performance
First Busey stock opened at $29.85 on Friday. First Busey has a 12-month low of $21.63 and a 12-month high of $30.51. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12. The firm has a 50-day moving average price of $28.51 and a 200-day moving average price of $26.62. The firm has a market capitalization of $2.52 billion, a PE ratio of 13.27 and a beta of 0.72.
First Busey Announces Dividend
Insider Buying and Selling
In other news, CAO Scott A. Phillips acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was purchased at an average cost of $25.90 per share, for a total transaction of $129,500.00. Following the completion of the transaction, the chief accounting officer owned 8,350 shares in the company, valued at approximately $216,265. This trade represents a 149.25% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 3.77% of the company’s stock.
Institutional Trading of First Busey
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Millennium Management LLC boosted its holdings in First Busey by 51.8% during the 4th quarter. Millennium Management LLC now owns 17,379 shares of the bank’s stock valued at $413,000 after acquiring an additional 5,934 shares during the period. Twinbeech Capital LP acquired a new position in First Busey in the 4th quarter valued at about $371,000. CANADA LIFE ASSURANCE Co increased its stake in First Busey by 5.1% during the second quarter. CANADA LIFE ASSURANCE Co now owns 13,237 shares of the bank’s stock worth $303,000 after purchasing an additional 640 shares during the period. Marshall Wace LLP purchased a new stake in First Busey during the second quarter worth about $289,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of First Busey during the fourth quarter worth about $286,000. Institutional investors and hedge funds own 56.49% of the company’s stock.
Analysts Set New Price Targets
Several research analysts recently weighed in on the company. Wall Street Zen cut First Busey from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Stephens raised their price objective on shares of First Busey from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Zacks Research raised shares of First Busey from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Weiss Ratings raised shares of First Busey from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Finally, Raymond James Financial boosted their target price on shares of First Busey from $28.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.75.
Read Our Latest Analysis on BUSE
About First Busey
First Busey (NASDAQ: BUSE) is a bank holding company headquartered in Champaign, Illinois, with roots tracing back to the founding of Busey Bank in 1868. As a regional financial institution, it offers a broad spectrum of banking services to individuals, small businesses, and corporations. Its core activities include commercial lending, deposit-taking, and cash management, which are tailored to meet the needs of local communities across its operating footprint.
In addition to traditional banking operations, First Busey provides wealth management and trust services through its subsidiary aimed at high-net-worth clients and fiduciary accounts.
Featured Articles
- Five stocks we like better than First Busey
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for First Busey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Busey and related companies with MarketBeat.com's FREE daily email newsletter.
