29.15
+1.82%
Close of 9 Nov 2026, in USD
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About First Busey
From its filings with the US Securities and Exchange Commission
First Busey is based in Leawood, Kansas and is incorporated in Nevada. Its shares trade on Nasdaq under the ticker BUSE. The SEC classifies its business as state commercial banks. In the fiscal year to 31 December 2025, it reported revenue of $719.6m and net income of $135.3m. At that date it held total assets of $18.10bn and shareholders' equity of $2.47bn.
Busey conducts the business of banking and provides related banking services, asset management, brokerage, and fiduciary services through Busey Bank, and provides payment technology solutions through FirsTech. Busey also has various other subsidiaries that are not significant to the consolidated entity.
Busey Bank is an Illinois state-chartered bank headquartered in Champaign, Illinois. Initially founded in 1868, Busey Bank now has a total of 79 banking centers across 10 states, with 50 in Illinois, nine in Missouri, four in Texas, three in Colorado, three in Florida, three in Kansas, three in Oklahoma, two in Arizona, one in Indiana, and one in New Mexico.
Busey Bank offers a range of diversified financial products and services for consumers and businesses, including online and mobile banking capabilities to conveniently serve its customers’ needs. Commercial services include commercial, CRE, real estate construction, and agricultural loans, as well as commercial depository services such as cash management. Retail banking services include residential real estate, home equity lines of credit, consumer loans, customary types of demand and savings deposits, money transfers, safe deposit services, and individual retirement accounts and other fiduciary services through Busey Bank’s banking centers, automated teller machines, and technology-based networks.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 27 Oct 1993
- Employees
- 1,914
- Website
- busey.com ↗
- Head office
- 11440 TOMAHAWK CREEK PKWY, LEAWOOD, KS, 66211
- Incorporated in
- NV
- Classification
- State Commercial Banks
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Van DukemanChairman of the Board, Chief Executive Officer of the Company and Chairman of the Board of Busey Bank, since 1994$2.8m
- Mr. Michael MaddoxPresident, Vice Chairman of the Board of the Company and Chief Executive Officer and President of Busey Bank, since 2025
- Mr. Christopher ChanChief Financial Officer
- Mrs. Amy RandolphChief Operating Officer, Executive Vice President$1.5m
- Mr. Scott PhillipsExecutive Vice President, Chief Accounting Officer
- Ms. Monica BoweExecutive Vice President, Chief Risk Officer$1.2m
- Mr. John PowersExecutive Vice President, General Counsel$1.2m
- Ms. Amy FaussChief Technology and Information Officer
- Mr. Chip JorstadChief Credit Officer
- Mr. Rodney BrennemanLead Independent Director
- Mr. Stanley BradshawIndependent Director$147,492
- Mr. Steven CapleIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 71
- Environment
- 42
- Social
- 99
- Governance
- 73
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- First Busey Corp has a strong market reputation due to its long-standing presence in the financial industry.
- The company has a diverse range of financial products and services, including commercial and consumer banking, wealth management, and mortgage lending.
- First Busey Corp's extensive branch network allows for convenient accessibility for customers.
- The company has a strong balance sheet with solid financial performance, evident from its consistent revenue growth and profitability.
Weaknesses
- First Busey Corp may face challenges in adapting to rapidly evolving technologies and increasing digitalization in the financial sector.
- The company's dependence on interest income makes it susceptible to fluctuations in interest rates.
- Certain operating expenses and regulatory compliance costs may impact the company's efficiency and profitability.
Opportunities
- Expanding its digital banking offerings can help First Busey Corp attract tech-savvy customers and enhance customer convenience.
- There may be opportunities for the company to expand its market presence through strategic mergers and acquisitions.
- First Busey Corp can capitalize on the growing demand for sustainable and socially responsible financial services, thereby attracting a new segment of environmentally-conscious customers.
Threats
- Intense competition from other financial institutions, including both traditional banks and emerging Fintech companies, poses a threat to First Busey Corp's market share.
- Changes in regulatory policies may impact the company's operations and increase compliance costs.
- Economic downturns or financial crises can adversely affect the company's loan portfolio and overall financial performance.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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