King Luther Capital Management Corp Sells 427,434 Shares of First Busey Corporation $BUSE
King Luther Capital Management Corp significantly reduced its stake in First Busey Corporation by 60.3% in the third quarter, selling 427,434 shares and now owning 280,927 shares valued at $6.5 million. Other institutional investors adjusted their holdings, with some increasing their positions. Analysts currently have an average "Hold" rating on First Busey stock, with an average price target of $27.00.
First Busey Corp director Cassens sells $19,957 in stock By Investing.com
Michael David Cassens, a director at First Busey Corp (NASDAQ:BUSE), sold 750 shares of the company's common stock for a total of $19,957. The transaction, executed under a Rule 10b5-1 trading plan, leaves Cassens with 139,523 directly owned shares. First Busey has shown strong financial performance, including a 15.86% price return over the last six months and maintaining dividend payments for 38 consecutive years.
First Busey Corp director Cassens sells $19,957 in stock
Michael David Cassens, a director at First Busey Corp (NASDAQ:BUSE), sold 750 shares of common stock for $19,957 on February 17, 2026. This transaction was executed under a Rule 10b5-1 trading plan. The company has a strong financial performance, including 38 consecutive years of dividend payments and a recent dividend increase, and is also engaged in a share repurchase program.
Director Michael Cassens Sells 750 Shares of First Busey Corp (B
Director Michael Cassens sold 750 shares of First Busey Corp (BUSE) on February 17, 2026, bringing his total holdings to 139,523 shares. Over the past year, Cassens has sold 3,000 shares with no purchases, while the company has seen 20 insider buys and 4 insider sells. Currently, BUSE is considered modestly overvalued with a price-to-GF-Value ratio of 1.13, trading at $26.61 against a GF Value of $23.57.
First Busey Corp director Cassens sells $19,957 in stock By Investing.com
Michael David Cassens, a director at First Busey CORP (NASDAQ:BUSE), sold 750 shares of the company's common stock for $19,957 on February 17, 2026. This transaction was part of a Rule 10b5-1 trading plan. Despite the sale, First Busey has shown strong financial performance, including a 15.86% price return over the last six months, 38 consecutive years of dividend payments, and a recent dividend increase to $0.26 per share, alongside an expanded share repurchase program.
First Busey Corp director Cassens sells $19,957 in stock
First Busey Corp director Michael David Cassens sold 750 shares of common stock for $19,957 on February 17, 2026. This transaction was under a pre-arranged trading plan, and Cassens still owns a substantial number of shares. First Busey has shown strong financial performance, including a recent dividend increase and an expanded share repurchase program.
LSV Asset Management Sells 56,200 Shares of First Busey Corporation $BUSE
LSV Asset Management decreased its stake in First Busey Corporation (NASDAQ:BUSE) by 4.2% during the third quarter, selling 56,200 shares and now owning 1,281,757 shares valued at $29.67 million. Other institutional investors also adjusted their holdings, with some increasing their positions. First Busey reported strong quarterly earnings, beating analyst estimates, increased its quarterly dividend, and received mixed ratings from Wall Street analysts, with an average target price of $27.00.
Less than a year after CrossFirst sale, Maddox exits as CEO of Busey Bank
Mike Maddox has abruptly exited his roles as vice chairman of First Busey and CEO of Busey Bank, less than a year after the sale of CrossFirst. He will receive a $4.36 million severance package. This change in leadership was announced by First Busey.
First Busey: Fourth Quarter Earnings Overview
First Busey Corp. announced its fourth-quarter financial results, reporting net income of $60.8 million and adjusted earnings per share of 68 cents, surpassing analyst expectations. The company generated $277.8 million in total revenue, with net revenue after interest expenses reaching $200.2 million, also beating Wall Street estimates. First Busey's stock price has increased by over 5% year-to-date and 6.5% over the past year.
First Busey (NASDAQ:BUSE) Exceeds Q4 CY2025 Expectations
First Busey (NASDAQ:BUSE) reported strong financial results for Q4 CY2025, with revenue of $200.2 million significantly exceeding Wall Street expectations and representing a 71.2% year-on-year increase. The regional banking company's non-GAAP profit of $0.68 per share also beat analyst consensus estimates by 9.2%. Key metrics like net interest income and tangible book value per share also surpassed expectations, highlighting an overall positive performance.
First Busey Corporation Reports Strong Fourth Quarter 2025 Earnings, Highlighting Increased Profitability and Further Integration of CrossFirst
First Busey Corporation announced strong fourth-quarter 2025 earnings, with net income rising to $60.8 million and adjusted diluted earnings per share reaching $0.68. The company highlighted increased profitability, strategic capital management including stock repurchases, and the successful integration of CrossFirst, reflected in higher wealth management fee income and stable capital ratios. Despite a decrease in net interest margin and a rise in noninterest expenses due to acquisition costs, Busey strategically reduced high-cost deposits and positioned itself for continued growth in 2026.
First Busey director Cassens sells $18,180 in stock
Michael David Cassens, a director at First Busey Corp (NASDAQ:BUSE), sold 750 shares of company stock for $18,180 on January 15, 2026, under a pre-arranged trading plan. This transaction leaves him with 140,031 directly owned shares. The company recently announced a quarterly dividend increase, an additional dividend for preferred stock, and an expansion of its share repurchase program, signaling efforts to boost shareholder value.
First Busey director Cassens sells $18,180 in stock By Investing.com
First Busey Corp director Michael David Cassens sold 750 shares of common stock for $18,180 on January 15, 2026, as part of a Rule 10b5-1 trading plan. Following this transaction, Cassens directly owns 140,031 shares. This sale comes amid other corporate activities, including a dividend increase, another dividend declaration for preferred stock, and an amendment to the share repurchase program.
Busey Bank Named Official Bank of the Big 12 Conference
The Big 12 Conference has announced a multi-year partnership with Busey Bank, making it the first official banking partner in the league's history. Busey Bank will engage in various conference events, including championship games and community outreach, leveraging its presence across 10 states and 87 locations. This collaboration aims to connect communities, enhance brand recognition for both entities, and support student-athletes.
First Busey increases share repurchase authorization by 4 million shares
First Busey Corporation announced an increase of 4 million shares to its existing share repurchase program, allowing the regional bank to repurchase up to 5,454,275 shares of common stock. The program has no expiration date and offers flexibility in repurchase methods. In other news, First Busey declared a quarterly cash dividend for its Series B Preferred Stock and appointed Christopher H.M. Chan as Chief Financial Officer.
Creative Planning Raises Stake in First Busey Corporation $BUSE
Creative Planning increased its stake in First Busey Corporation (NASDAQ:BUSE) by 19.5% in Q2, acquiring an additional 38,297 shares to own a total of 234,988 shares valued at $5.38 million. First Busey currently trades near $22.42 with a 4.5% dividend yield and a consensus "Hold" rating from analysts, with a target price of $26.33. The article also details other institutional investor activity, company financials, and recent insider transactions.
LSV Asset Management Raises Position in First Busey Corporation $BUSE
LSV Asset Management increased its stake in First Busey Corporation by 2.2% in Q2 2025, bringing its total holdings to 1,337,957 shares valued at $30.62 million. Other institutional investors like Dimensional Fund Advisors and Vanguard also significantly boosted their positions, with institutional investors collectively holding 56.49% of the stock. The article also details recent insider stock purchases, dividend information, stock performance metrics, and various analyst ratings for First Busey.
First Busey (BUSE) director Cassens sells $17,190 in stock By Investing.com
First Busey (BUSE) director Michael David Cassens sold 750 shares of common stock for a total of $17,190 on November 14, 2025. Following the transaction, Cassens directly owns 141,531 shares. The company has also recently announced a quarterly cash dividend on its preferred stock and appointed a new Chief Financial Officer.
Director Michael Cassens Sells 750 Shares of First Busey Corp (B
Michael Cassens, a Director at First Busey Corp (BUSE), sold 750 shares of the company on November 14, 2025. This transaction leaves him with 141,531 shares. The company's stock was trading at $22.92, indicating it is fairly valued based on its GF Value.
First Busey CAO Phillips buys shares worth $34,609
First Busey Chief Accounting Officer Scott A. Phillips purchased 1,350 depositary shares for $34,609 and acquired additional common stock through dividend equivalent rights. The regional bank is considered slightly undervalued and has a history of consistent dividend payments. Raymond James also recently raised its price target for First Busey following investor meetings.
First Busey Corp reports results for the quarter ended September 30 - Earnings Summary
First Busey Corp reported adjusted earnings of 64 cents per share for the quarter ended September 30, exceeding the average analyst estimate of 62 cents per share. Revenue for the quarter rose 65.7% to $196.34 million, also surpassing analyst expectations. The average analyst rating for First Busey Corp shares is "buy," with a median 12-month price target of $27.00.
First Busey Corporation Announces 2025 Third Quarter Earnings
First Busey Corporation announced strong third-quarter 2025 earnings, with net income of $57.1 million and diluted EPS of $0.58, demonstrating improved profitability and balance sheet optimization. The company reported significant expansion in net interest margin to 3.58% and a rise in adjusted return on average assets to 1.33%, primarily due to the strategic runoff of high-cost deposits. Capital ratios remained strong, and asset quality showed improvement despite a modest decline in loan balances.
Does First Busey's (BUSE) Dividend Move Reflect Confidence or Conservative Capital Allocation? - simplywall.st
First Busey Corporation declared a quarterly cash dividend, prompting a discussion on whether this reflects management confidence or conservative capital allocation amidst sector-wide optimism. Despite the dividend, challenges remain for the bank, including weak net interest margins and projected declines in tangible book value per share, leading to varied fair value estimates from analysts. The dividend declaration is viewed as a reassurance but does not resolve underlying concerns about long-term profitability and book value pressures.
First Busey names new CFO, announces another exec's move to Leawood
First Busey, the parent company of Busey Bank, has appointed a new CFO and is relocating another top executive to its new headquarters in Leawood. This move comes as the bank holding company continues to build out its C-suite in the new location. The additions reflect the company's ongoing integration and strategic staffing in Leawood.
First Busey (BUSE) director Jensen buys $73,800 in stock
First Busey (BUSE) director Karen M. Jensen recently purchased 3,000 shares of the company's common stock for $73,800, bringing her direct ownership to 86,798 shares. This transaction occurred as the stock trades slightly above its Fair Value and offers an attractive 4.09% dividend yield. The company has a strong record of 37 consecutive years of dividend payments, and analysts have set price targets ranging from $22 to $30.
Busey Bank expands Arizona presence with new Scottsdale office, eyes growth in key markets
Busey Bank is expanding its Arizona operations by establishing a new market headquarters in Scottsdale. This move follows a key merger that provided the regional bank a strong presence in the state. The new office will be located in the Cavasson mixed-use campus and is set to open on January 1, 2026.
First Busey Corporation Prices Depositary Share Offering
First Busey Corporation announced the pricing of an underwritten public offering of 8,000,000 depositary shares, each representing a 1/40th ownership interest in its 8.25% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock. Dividends will be payable quarterly at 8.25% per annum, and net proceeds are expected to redeem its 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 and support general corporate purposes. The company intends to list the depositary shares on the Nasdaq Global Select Market under the symbol “BUSEP.”
First Busey, CrossFirst gain shareholder approval for their merger
First Busey and CrossFirst Bank have received shareholder approval for their merger, moving the combination of the two banks one step closer to completion. The combined Busey-CrossFirst holding company will be housed at CrossFirst Bank's headquarters in Leawood. This development follows previous articles discussing the potential $917M merger and its implications for both banks.
Busey Bank-CrossFirst Bank deal won’t add a lot of branches in KC but will create jobs
Busey Bank's acquisition of CrossFirst Bank in Kansas City is expected to lead to job creation and expansion of services and new branches, rather than just adding physical locations. The deal will bring new services to the Kansas City market and is set to increase employment opportunities.
KC-area bank agrees to $917M merger with Illinois company
CrossFirst Bank has agreed to a $917 million merger with an Illinois company, First Busey. The combined holding company will establish its headquarters in Leawood, Kansas, CrossFirst's current location.
First Busey Corporation and CrossFirst Bankshares, Inc. Announce Transformative Partnership
First Busey Corporation and CrossFirst Bankshares, Inc. announced a definitive merger agreement in an all-common stock transaction valued at approximately $916.8 million. This partnership will create a diversified commercial banking franchise with $20 billion in assets, extending Busey’s market presence and enhancing key performance metrics. The combined company will operate under the Busey brand, with headquarters in Leawood, Kansas, and is expected to close in Q1 or Q2 2025.
Busey Bank, CrossFirst announce merger, succession plan
Busey Bank has announced a merger with Kansas-based CrossFirst Bank, expanding Busey's reach across 10 states with combined assets of approximately $20 billion. CrossFirst CEO Mike Maddox will succeed Van Dukeman as CEO of Busey following the merger. The deal, which requires shareholder and regulatory approval, is expected to close in mid-2025.
Champaign-based bank to buy local lender
First Busey Corp. is set to acquire Merchants & Manufacturers Bank for approximately $41.6 million, aiming to expand its presence in the Chicago suburbs, particularly in DuPage and Will counties. This acquisition, primarily a stock-and-cash deal, will merge M&M Bank into Busey Bank, creating a combined entity with $12.7 billion in assets and an estimated 6% boost to First Busey's earnings per share in 2025 and 2026.
Tracing the history of the BANK of Edwardsville
The article traces the history of The BANK of Edwardsville, founded in 1868 by Edward M. West and Major William R. Prickett. It was a traditional American bank that was later acquired by First Busey Corporation in 2019. The piece includes personal anecdotes and memories from former customers and employees, highlighting the bank's community presence and impact.
CEO out at Busey Bank
Busey Bank's CEO, Robin Elliott, has entered into a separation agreement and will transition to a consultant role until the end of the year, receiving $2 million. This announcement coincides with First Busey Corporation's Q3 earnings report, which showed increased total deposits and net income, decreased short-term borrowing, but reduced net revenue.
Busey Bank plans $585K upgrade to south St. Louis branch
Busey Bank is investing approximately $585,000 to renovate its branch located at South Grand Boulevard and Chippewa Street in south St. Louis. This upgrade highlights the bank's commitment to its physical presence in the area. The renovation details were reported by the St. Louis Business Journal.
Busey Bank hires veteran Chicago executive in new digital banking role
Busey Bank has appointed Joseph Sheils as president of consumer and digital banking, a new role to lead its consumer, community, mortgage, and digital banking teams. Sheils is a veteran Chicago-area banking executive. This strategic hire aims to strengthen Busey Bank's digital and consumer banking services.
Busey Bank, with two Naperville locations, is recognized among ‘America’s Best Banks’
Busey Bank, with two Naperville locations, has been recognized among Forbes' "America's Best Banks" for 2022, ranking 52nd overall and as the top Illinois-based bank. This recognition considers financial data on growth, quality, and profitability of large publicly traded banks. Busey is also honored with multiple "Best Place to Work" awards in various locations and for its Wealth Management division.
First Busey Corporation Finalizes Acquisition of Cummins-American Corp. and Glenview State Bank
First Busey Corporation (NASDAQ: BUSE) has completed its acquisition of Cummins-American Corp. (CAC) and its subsidiary Glenview State Bank (GSB), effective May 31, 2021. The transaction involved a mix of Busey common stock and cash for CAC shareholders, with an implied per share purchase price of $37,666.85 and an aggregate transaction value of approximately $187.0 million. This acquisition expands Busey's presence in the Chicagoland market, making it the #20 ranked institution by deposit share in the MSA and significantly increasing its total assets, loans, deposits, and wealth assets under management.
After A Century In Village, Glenview State Bank To Become Busey Bank
Glenview State Bank, a family-owned institution for a century, has signed a merger agreement with First Busey Corporation, the holding company for Champaign-based Busey Bank. The merger, expected to be completed by the end of the second quarter, will see Glenview State Bank's branches become Busey Bank branches. This acquisition marks the end of an era for the Jones family, who have led Glenview State Bank for three generations, with the combined entity boasting assets of $11.9 billion.
Busey Bank Acquires Glenview State Bank In $191M Merger
Busey Bank's parent company is set to acquire Glenview State Bank in a $191 million merger, expected to finalize in the second quarter of 2021. This acquisition will enhance Busey's deposit, commercial banking, and wealth management presence in the Chicago-Naperville-Elgin Metropolitan Statistical Area, improving its deposit share ranking. Glenview State Bank, celebrating its 100th year, operates four branches in Glenview and additional branches in Northbrook, Northfield, and Mount Prospect.
Busey Bank Cleared for Glenview State Bank Merger
First Busey Corporation is set to acquire Glenview State Bank (GSB) to expand its presence in the Chicago area, with the merger expected to close in Q2 2021, resulting in combined assets of $11.9 billion. Concurrently, LendingClub received regulatory approvals for its acquisition of Radius Bankcorp, aiming to create the first US public "neobank" by early February 2021. These announcements follow a trend of significant deals involving fintechs and digital banking providers.
Nick in the AM: Busey Bank plans to close three Peoria-area branches
Busey Bank announced its intention to permanently close three Tri-County Area branches in Bartonville, Chillicothe, and Washington by late October. This decision is part of a consolidation of their local branch footprint, though Busey will maintain 10 other Peoria-area branches and an ATM network. These branches were acquired in 2017 when First Busey Corp. purchased South Side Trust & Savings Bank.
After 15 years on his own, a banker gets back into the game
At 70, Charles Idelson, founder of Fort Myers-based Investors’ Security Trust, sold his company to Illinois-based Busey Bank, with $7.8 billion in assets. Idelson, now regional president of Florida operations for Busey Banking Corp., plans to double the size of Busey's Florida business over the next five years, expanding into Venice and Sarasota. The acquisition provides Investors’ Security clients access to Busey’s banking services and helps Busey grow its trust and investment services in Florida.
One of St. Louis' biggest banks closes wealth management deal
First Busey Corp., parent company of Busey Bank, a prominent St. Louis bank, announced the completion of its merger with Investors' Security Trust Co. of Fort Myers, Florida. This strategic move aims to expand Busey Bank's wealth management presence in the Cape Coral-Fort Myers market. The newly acquired Investors' Security Trust Co. will be merged into Busey Bank's existing wealth management business.
One of St. Louis' biggest banks to expand with Florida buy
The parent company of Busey Bank, a major St. Louis bank, is set to expand its wealth management services in the Cape Coral-Fort Myers, Florida, market. This expansion comes through a new deal, signaling growth for the institution.
Former bank corporation board member Kimmel charged in college admissions scandal
Elisabeth Kimmel, a former board member of First Busey Corporation, has been charged in the nationwide college admissions scandal. She is accused of using a non-profit foundation to pay $275,000 to a Georgetown tennis coach for her daughter's admission and $250,000 to William Singer to get her son into USC. Kimmel faces federal charges of conspiracy to commit mail fraud and honest services mail fraud, impacting her role as First Busey's merger with TheBank of Edwardsville approaches.
Busey Bank pressured to improve investments in poorer neighborhoods
Busey Bank is facing pressure to increase its investments in low- and moderate-income neighborhoods after a report revealed it lagged behind competitors in lending to these areas in 2017. The St. Louis Business Journal reported that Busey's lending in these communities was nearly 6 percentage points lower than its peers. This article highlights the bank's need to improve its community reinvestment efforts.
Busey's purchase of Bank of Edwardsville wins favorable reviews
Busey's acquisition of Bank of Edwardsville has garnered positive reception, indicating a strategic move for Busey to become a more significant financial player in the St. Louis market. The article highlights that this acquisition is viewed favorably, likely contributing to Busey's expanded presence in the region.
South Side Bank branches become Busey branded at the end of the week
A merger between Busey Bank and South Side Savings & Trust Bank will be finalized at the end of the week, resulting in all South Side branches adopting the Busey brand and the permanent closure of several locations. This consolidation includes three former Busey locations in Peoria, one Busey office in Pekin, and the Downtown South Side Bank office, while 12 other branches in the Tri-County Area will remain open. The merger, initially announced in March 2017 with an estimated cost of $133.4 million, aims to expand Busey's presence in the Greater Peoria Area.
