First Busey (BUSE)
Market Price (8/9/2026): $30.975 | Market Cap: $2.6 BilSector: Financials | Industry: Regional Banks
First Busey (BUSE)
Market Price (8/9/2026): $30.975Market Cap: $2.6 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 4.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.6%, FCF Yield is 8.0% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -102% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 41% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 26% Low stock price volatilityVol 12M is 23% Capital ratio is >2x the minimum of 6%Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 13% Uninsured deposits are lowUninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 17% Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, Digital Payments, and Wealth Management Technology. | Trading close to highsDist 52W High is -1.9%, Dist 3Y High is -1.9% Weak multi-year price returns2Y Excs Rtn is -14%, 3Y Excs Rtn is -11% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.7% Key risksBUSE key risks include [1] heightened credit risk and potential losses stemming from its commercial loan portfolio's sensitivity to adverse economic factors. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 4.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.6%, FCF Yield is 8.0% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -102% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 41% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 26% |
| Low stock price volatilityVol 12M is 23% |
| Capital ratio is >2x the minimum of 6%Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 13% |
| Uninsured deposits are lowUninsured Deposits Ratio %Fraction of deposits that exceed the insurance deposit thresholds. For example, the FDIC protects deposits up to $250K. A high uninsured deposits ratio indicates large accounts and greater potential exposure to bank run risk. is 17% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, Digital Payments, and Wealth Management Technology. |
| Trading close to highsDist 52W High is -1.9%, Dist 3Y High is -1.9% |
| Weak multi-year price returns2Y Excs Rtn is -14%, 3Y Excs Rtn is -11% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.7% |
| Key risksBUSE key risks include [1] heightened credit risk and potential losses stemming from its commercial loan portfolio's sensitivity to adverse economic factors. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 8/1/2026
First Busey (BUSE) stock has gained about 20% since 4/30/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Earnings Performance. First Busey reported robust financial results for its fiscal Q2 2026, which ended June 30, 2026. The company announced diluted earnings per share (EPS) of $0.69 on July 28, 2026, surpassing the consensus estimate of $0.63 by $0.06. This represented a 9.5% increase in adjusted diluted EPS year-over-year. Key metrics also saw significant improvement, including a 22 basis point increase in adjusted return on average assets to 1.43% and an increase in adjusted return on average tangible common equity by 20 basis points to 14.61%. Furthermore, the company experienced significant annualized deposit growth of 11% during the quarter.
2. Positive Analyst Sentiment and Upgraded Price Targets. The company benefited from increased confidence and positive revisions from financial analysts during the period. Keefe, Bruyette & Woods raised First Busey's price target to $34.00 from $32.00 on July 31, 2026, maintaining an "outperform" rating. Raymond James Financial also boosted its price target from $28.00 to $32.00 with an "outperform" rating on July 1, 2026. Additionally, Zacks Research upgraded First Busey from a "hold" to a "strong-buy" rating on July 21, 2026, reflecting growing optimism about the company's earnings prospects. The average analyst price target for BUSE stands at $32.00, with a high target of $35.00.
Show more
First Busey (BUSE) stock has gained about 20% since 4/30/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Earnings Performance. First Busey reported robust financial results for its fiscal Q2 2026, which ended June 30, 2026. The company announced diluted earnings per share (EPS) of $0.69 on July 28, 2026, surpassing the consensus estimate of $0.63 by $0.06. This represented a 9.5% increase in adjusted diluted EPS year-over-year. Key metrics also saw significant improvement, including a 22 basis point increase in adjusted return on average assets to 1.43% and an increase in adjusted return on average tangible common equity by 20 basis points to 14.61%. Furthermore, the company experienced significant annualized deposit growth of 11% during the quarter.
2. Positive Analyst Sentiment and Upgraded Price Targets. The company benefited from increased confidence and positive revisions from financial analysts during the period. Keefe, Bruyette & Woods raised First Busey's price target to $34.00 from $32.00 on July 31, 2026, maintaining an "outperform" rating. Raymond James Financial also boosted its price target from $28.00 to $32.00 with an "outperform" rating on July 1, 2026. Additionally, Zacks Research upgraded First Busey from a "hold" to a "strong-buy" rating on July 21, 2026, reflecting growing optimism about the company's earnings prospects. The average analyst price target for BUSE stands at $32.00, with a high target of $35.00.
Show more
Updated on 8/1/2026
First Busey (BUSE) stock has gained about 20% since 4/30/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Earnings Performance. First Busey reported robust financial results for its fiscal Q2 2026, which ended June 30, 2026. The company announced diluted earnings per share (EPS) of $0.69 on July 28, 2026, surpassing the consensus estimate of $0.63 by $0.06. This represented a 9.5% increase in adjusted diluted EPS year-over-year. Key metrics also saw significant improvement, including a 22 basis point increase in adjusted return on average assets to 1.43% and an increase in adjusted return on average tangible common equity by 20 basis points to 14.61%. Furthermore, the company experienced significant annualized deposit growth of 11% during the quarter.
2. Positive Analyst Sentiment and Upgraded Price Targets. The company benefited from increased confidence and positive revisions from financial analysts during the period. Keefe, Bruyette & Woods raised First Busey's price target to $34.00 from $32.00 on July 31, 2026, maintaining an "outperform" rating. Raymond James Financial also boosted its price target from $28.00 to $32.00 with an "outperform" rating on July 1, 2026. Additionally, Zacks Research upgraded First Busey from a "hold" to a "strong-buy" rating on July 21, 2026, reflecting growing optimism about the company's earnings prospects. The average analyst price target for BUSE stands at $32.00, with a high target of $35.00.
3. Enhanced Share Repurchase Program. First Busey demonstrated a commitment to returning capital to shareholders through an expanded share repurchase program. On May 20, 2026, the company's board of directors approved an amendment to its existing program, increasing the number of shares available for repurchase by an additional 4,000,000 shares. Following this, First Busey repurchased 2,340,000 shares of its common stock at a weighted average price of $26.98 per share, totaling $63.1 million, during fiscal Q2 2026.
4. Favorable Macroeconomic Environment for the Banking Sector. The broader banking industry operated within a context of relative strength and positive expectations. Despite some macroeconomic uncertainty, overall profitability in the U.S. banking industry remained solid, with industry return on equity (ROE) expected to be around 11-12%, bolstered by healthy credit conditions. Projections for 2026 also indicated an expected climb in wealth-management fees as banks expand advisory offerings, and growth in investment banking and capital markets due to demand for dealmaking. These factors collectively contributed to a supportive environment for bank stocks like First Busey.
Show less
First Busey (BUSE) stock has gained about 20% since 4/30/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Earnings Performance. First Busey reported robust financial results for its fiscal Q2 2026, which ended June 30, 2026. The company announced diluted earnings per share (EPS) of $0.69 on July 28, 2026, surpassing the consensus estimate of $0.63 by $0.06. This represented a 9.5% increase in adjusted diluted EPS year-over-year. Key metrics also saw significant improvement, including a 22 basis point increase in adjusted return on average assets to 1.43% and an increase in adjusted return on average tangible common equity by 20 basis points to 14.61%. Furthermore, the company experienced significant annualized deposit growth of 11% during the quarter.
2. Positive Analyst Sentiment and Upgraded Price Targets. The company benefited from increased confidence and positive revisions from financial analysts during the period. Keefe, Bruyette & Woods raised First Busey's price target to $34.00 from $32.00 on July 31, 2026, maintaining an "outperform" rating. Raymond James Financial also boosted its price target from $28.00 to $32.00 with an "outperform" rating on July 1, 2026. Additionally, Zacks Research upgraded First Busey from a "hold" to a "strong-buy" rating on July 21, 2026, reflecting growing optimism about the company's earnings prospects. The average analyst price target for BUSE stands at $32.00, with a high target of $35.00.
3. Enhanced Share Repurchase Program. First Busey demonstrated a commitment to returning capital to shareholders through an expanded share repurchase program. On May 20, 2026, the company's board of directors approved an amendment to its existing program, increasing the number of shares available for repurchase by an additional 4,000,000 shares. Following this, First Busey repurchased 2,340,000 shares of its common stock at a weighted average price of $26.98 per share, totaling $63.1 million, during fiscal Q2 2026.
4. Favorable Macroeconomic Environment for the Banking Sector. The broader banking industry operated within a context of relative strength and positive expectations. Despite some macroeconomic uncertainty, overall profitability in the U.S. banking industry remained solid, with industry return on equity (ROE) expected to be around 11-12%, bolstered by healthy credit conditions. Projections for 2026 also indicated an expected climb in wealth-management fees as banks expand advisory offerings, and growth in investment banking and capital markets due to demand for dealmaking. These factors collectively contributed to a supportive environment for bank stocks like First Busey.
Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →
Stock Movement Drivers
Fundamental Drivers
The 19.3% change in BUSE stock from 4/30/2026 to 8/8/2026 was primarily driven by a 55.7% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 8082026 | Change |
|---|---|---|---|
| Stock Price ($) | 25.97 | 30.98 | 19.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 720 | 790 | 9.7% |
| Net Income Margin (%) | 18.8% | 29.3% | 55.7% |
| P/E Multiple | 17.0 | 11.3 | -33.3% |
| Shares Outstanding (Mil) | 89 | 84 | 4.7% |
| Cumulative Contribution | 19.3% |
Market Drivers
4/30/2026 to 8/8/2026| Return | Correlation | |
|---|---|---|
| BUSE | 19.3% | |
| Market (SPY) | 7.6% | 11.4% |
| Sector (XLF) | 10.5% | 44.5% |
Fundamental Drivers
The 28.1% change in BUSE stock from 1/31/2026 to 8/8/2026 was primarily driven by a 81.4% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 8082026 | Change |
|---|---|---|---|
| Stock Price ($) | 24.19 | 30.98 | 28.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 636 | 790 | 24.1% |
| Net Income Margin (%) | 16.1% | 29.3% | 81.4% |
| P/E Multiple | 21.0 | 11.3 | -46.1% |
| Shares Outstanding (Mil) | 89 | 84 | 5.5% |
| Cumulative Contribution | 28.1% |
Market Drivers
1/31/2026 to 8/8/2026| Return | Correlation | |
|---|---|---|
| BUSE | 28.1% | |
| Market (SPY) | 12.1% | 32.7% |
| Sector (XLF) | 8.3% | 55.9% |
Fundamental Drivers
The 44.4% change in BUSE stock from 7/31/2025 to 8/8/2026 was primarily driven by a 142.6% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 8082026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.45 | 30.98 | 44.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 476 | 790 | 65.7% |
| Net Income Margin (%) | 12.1% | 29.3% | 142.6% |
| P/E Multiple | 25.6 | 11.3 | -55.7% |
| Shares Outstanding (Mil) | 69 | 84 | -18.9% |
| Cumulative Contribution | 44.4% |
Market Drivers
7/31/2025 to 8/8/2026| Return | Correlation | |
|---|---|---|
| BUSE | 44.4% | |
| Market (SPY) | 23.4% | 35.0% |
| Sector (XLF) | 11.3% | 57.3% |
Fundamental Drivers
The 62.1% change in BUSE stock from 7/31/2023 to 8/8/2026 was primarily driven by a 70.9% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312023 | 8082026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.11 | 30.98 | 62.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 462 | 790 | 70.9% |
| Net Income Margin (%) | 29.6% | 29.3% | -1.1% |
| P/E Multiple | 7.7 | 11.3 | 46.3% |
| Shares Outstanding (Mil) | 55 | 84 | -34.4% |
| Cumulative Contribution | 62.1% |
Market Drivers
7/31/2023 to 8/8/2026| Return | Correlation | |
|---|---|---|
| BUSE | 62.1% | |
| Market (SPY) | 74.9% | 45.0% |
| Sector (XLF) | 70.4% | 63.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BUSE Return | 31% | -5% | 5% | -1% | 6% | 35% | 82% |
| Peers Return | 31% | 0% | -5% | 27% | 2% | 22% | 95% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 105% |
Monthly Win Rates [3] | |||||||
| BUSE Win Rate | 67% | 33% | 58% | 42% | 50% | 88% | |
| Peers Win Rate | 70% | 45% | 45% | 57% | 50% | 68% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| BUSE Max Drawdown | -18% | -25% | -31% | -16% | -24% | -12% | |
| Peers Max Drawdown | -19% | -24% | -38% | -14% | -26% | -16% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EFSC, CBSH, UMBF, ASB, ONB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/7/2026 (YTD)
How Low Can It Go
| Event | BUSE | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.8% | -18.8% |
| % Gain to Breakeven | 29.6% | 23.1% |
| Time to Breakeven | 102 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -14.1% | -9.5% |
| % Gain to Breakeven | 16.5% | 10.5% |
| Time to Breakeven | 20 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -30.3% | -6.7% |
| % Gain to Breakeven | 43.4% | 7.1% |
| Time to Breakeven | 216 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -19.7% | -24.5% |
| % Gain to Breakeven | 24.5% | 32.4% |
| Time to Breakeven | 169 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -44.9% | -33.7% |
| % Gain to Breakeven | 81.4% | 50.9% |
| Time to Breakeven | 350 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 1053 days | 105 days |
In The Past
First Busey's stock fell -22.8% during the 2025 US Tariff Shock. Such a loss loss requires a 29.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | BUSE | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.8% | -18.8% |
| % Gain to Breakeven | 29.6% | 23.1% |
| Time to Breakeven | 102 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -30.3% | -6.7% |
| % Gain to Breakeven | 43.4% | 7.1% |
| Time to Breakeven | 216 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -44.9% | -33.7% |
| % Gain to Breakeven | 81.4% | 50.9% |
| Time to Breakeven | 350 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 1053 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -21.1% | -17.9% |
| % Gain to Breakeven | 26.8% | 21.8% |
| Time to Breakeven | 24 days | 123 days |
In The Past
First Busey's stock fell -22.8% during the 2025 US Tariff Shock. Such a loss loss requires a 29.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About First Busey (BUSE)
First Busey Corporation (BUSE) operates as a bank holding company, primarily through its subsidiary Busey Bank, offering a comprehensive suite of retail and commercial banking products and services. The company's core banking operations include customary types of demand and savings deposits for individuals and businesses, alongside a broad range of lending solutions. These loans encompass commercial, agricultural, real estate construction, commercial and residential real estate, and consumer loans, as well as home equity lines of credit.
Beyond traditional banking, First Busey diversifies its offerings across two key additional segments: Wealth Management and FirsTech. The Wealth Management segment provides specialized services such as investment management, trust and estate advisory, financial planning, security brokerage, and asset management. The FirsTech segment focuses on payment technology solutions, facilitating various methods for bill payment including walk-in, online, mobile, and telephone options, alongside direct debit services and lockbox remittance processing for commercial clients.
The company serves a wide array of customers, including individuals, corporations, institutional clients, and governmental entities. Geographically, First Busey maintains a strong regional presence, operating numerous banking centers predominantly across Illinois and Missouri, with additional locations in southwest Florida and Indianapolis, Indiana, effectively serving these distinct markets.
AI Analysis | Feedback
Here are 1-3 brief analogies for First Busey (BUSE):
- A regional bank and wealth manager, similar to a smaller PNC Bank or Regions Financial.
- A regional bank like Huntington Bancshares that also operates its own payment technology platform, similar to a small-scale Fiserv.
AI Analysis | Feedback
- Retail & Commercial Deposits: Provides customary demand and savings accounts for individuals, businesses, and institutions.
- Lending Services: Offers a diverse portfolio of commercial, agricultural, real estate, and consumer loans, including home equity lines of credit.
- Payment Technology Solutions (FirsTech): Delivers a platform for walk-in, online, mobile, and other electronic payment processing, alongside billing and treasury tools.
- Wealth Management & Trust Services: Encompasses investment management, trust and estate advisory, financial planning, and business succession services.
- Brokerage & Investment Advisory: Provides security brokerage services and investment strategy consulting.
- Cash Management & Fiduciary Services: Offers commercial depository services for cash flow management and acts in a position of trust for client assets.
AI Analysis | Feedback
First Busey (BUSE) serves a diverse customer base, including individuals, corporations, institutions, and governmental entities. Given the nature of its banking and financial services, it does not primarily sell to a few identifiable public companies. Instead, its major customers fall into broad categories.
Here are the three primary categories of customers that First Busey serves:
- Individual Customers: These customers utilize First Busey's retail banking services, including demand and savings deposits, consumer and home equity loans, and various money transfer, IRA, and safe deposit services. This category also encompasses individuals receiving wealth management, financial planning, trust, estate advisory, tax preparation, and security brokerage services.
- Commercial and Corporate Customers: This category includes businesses, agricultural operations, and real estate developers that leverage commercial, agricultural, and real estate construction loans, as well as commercial and residential real estate loans. These customers also use cash management, business succession, and employee retirement planning services. Additionally, businesses contracting for payment technology solutions through the FirsTech segment fall into this category.
- Institutional and Governmental Customers: This category includes various institutions and governmental bodies that utilize the company's investment management, trust, fiduciary services, asset management, philanthropic advisory, and specialized commercial depository services.
AI Analysis | Feedback
null
AI Analysis | Feedback
Van A. Dukeman
Chairman, President & CEO of First Busey Corporation and Chairman & CEO of Busey Bank
Mr. Dukeman is the Chairman, President & CEO of First Busey Corporation and Chairman & CEO of Busey Bank. He also serves as a director of FirsTech, Inc.. Prior to its merger with First Busey in 2007, Mr. Dukeman served as President & Chief Executive Officer of Main Street Trust, Inc..
Christopher H.M. Chan
EVP & Chief Financial Officer of First Busey Corporation and Busey Bank
Mr. Chan joined Busey in 2025 as Chief Financial Officer for First Busey Corporation and Busey Bank. He previously served as Executive Vice President, Chief Strategy Officer at First National Bank, a subsidiary of F.N.B. Corporation. Mr. Chan oversees various areas including accounting and corporate reporting, financial planning and analysis, budgeting and forecasting, corporate insights, capital markets, treasury, specialty finance and community investments, corporate development, and investor relations.
Monica L. Bowe
EVP & Chief Risk Officer of First Busey Corporation and Busey Bank
Ms. Bowe is the Chief Risk Officer of First Busey Corporation and Busey Bank, having joined Busey in January 2020. She has over 25 years of financial leadership experience, including her previous role as Senior Director of Operational Risk Program Management at KeyBank.
Amy L. Randolph
Executive Vice President & Chief Operating Officer of First Busey Corporation and Busey Bank
Ms. Randolph serves as the Executive Vice President and Chief Operating Officer for First Busey Corporation and Busey Bank. In this role, she focuses on the operational efficiency across the Banking, Wealth Management, and FirsTech segments, overseeing day-to-day operations, managing cross-functional teams, and driving initiatives to enhance customer experience and operational excellence.
T. Anthony Hammond
President, Busey Bank
Mr. Hammond is the President of Busey Bank. He previously led various revenue areas of the company as Busey's President of Regional Banking. His prior experience includes serving as Executive Vice President and Head of Commercial and Middle Market Banking at Heartland Financial (HTLF), and various senior leadership roles at Arizona Bank & Trust, Johnson Bank, and BOK Financial. Mr. Hammond oversees Busey's regional operating sales and revenue model.
AI Analysis | Feedback
Here are the key risks to First Busey (BUSE):
- Credit Risk: As a bank holding company, First Busey faces the inherent risk that borrowers may default on their loans, which include commercial, agricultural, real estate construction, commercial and residential real estate, and consumer loans. Deterioration in the quality of its loan portfolio or persistent losses meaningfully above peer levels could significantly impact profitability and asset quality.
- Net Interest Margin (NIM) Pressure and Interest Rate Sensitivity: First Busey's profitability is significantly influenced by its net interest margin, which is the difference between interest earned on assets (like loans) and interest paid on liabilities (like deposits). Changes in interest rates, as well as intense competition for deposits, can put downward pressure on the NIM, thereby affecting the company's net interest income and overall profitability.
- Integration Challenges from Acquisitions: The company's recent merger with CrossFirst Bankshares, Inc. in March 2025, presents significant integration challenges. The failure to effectively integrate the operations, risk management, compliance, and corporate culture of the acquired entity could impede the realization of expected synergies, lead to unforeseen costs, and potentially disrupt operations and client relationships.
AI Analysis | Feedback
Clear Emerging Threats for First Busey (BUSE):
- Neobanks and Digital-First Lenders: Digital-only banks and specialized online lenders are attracting customers by offering streamlined experiences, lower fees, and competitive interest rates/loan terms without the overhead of physical branches. This directly challenges First Busey's core retail and commercial banking and lending operations.
- Robo-Advisors: Automated investment and financial planning platforms provide low-cost, algorithm-driven advisory services. These services directly compete with First Busey's human-led investment management, trust, estate advisory, and financial planning offerings in the Wealth Management segment.
- Big Tech's Expansion into Financial Services: Large technology companies (e.g., Apple, Google, Amazon) are increasingly offering financial products such as payment solutions, savings accounts, and even lending services. Leveraging their vast user bases and technological capabilities, they pose a disintermediation threat across various segments including payments (FirsTech) and core banking.
AI Analysis | Feedback
First Busey Corporation (symbol: BUSE) operates in several addressable markets within the United States for its main products and services:
- Retail Banking: The United States retail banking market was valued at approximately USD 870 billion in 2025. This market is projected to grow to about USD 1.08 trillion by 2030. This segment includes services such as demand and savings deposits, consumer loans, and home equity lines of credit.
- Commercial Banking: The addressable market for commercial banking in the U.S. is estimated at USD 732.5 billion in 2025. Projections indicate this market could reach USD 915.45 billion by 2030. First Busey offers commercial, agricultural, and real estate construction loans as part of its commercial banking services.
- Wealth Management / Asset Management: The United States asset management market, which encompasses investment management, trust, estate advisory, financial planning, and asset management services, was valued at approximately USD 52.08 trillion in 2024. This market is expected to grow to USD 134.67 trillion by 2030.
- Payment Technology Solutions (FirsTech): The U.S. payment processing solutions market generated a revenue of USD 16.00 billion in 2023. This market is anticipated to reach USD 36.75 billion by 2030. First Busey's FirsTech segment provides various payment solutions, including walk-in payment processing, online bill payment, and mobile bill pay.
AI Analysis | Feedback
First Busey (BUSE) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market dynamics:
* **Integration and Expansion from the CrossFirst Bank Merger**: The successful merger with CrossFirst Bankshares, Inc. in 2024, with core systems fully converted by Q2 2025, is projected to enhance First Busey's growth profile by expanding its presence into attractive new markets and leveraging combined operations for increased earnings per share.
* **Continued Growth in Wealth Management Services**: First Busey's wealth management division has demonstrated consistent strength, achieving record fee income in the fourth quarter of 2025, driven by a 4.7% increase in assets under care. The company's strategy emphasizes sustained organic growth within its diversified revenue streams, particularly within wealth management.
* **Expansion of Payment Technology Solutions (FirsTech)**: The FirsTech segment, which provides payment technology solutions, is a key component of First Busey's diversified revenue streams and is anticipated to contribute to future growth.
* **Net Interest Margin (NIM) Expansion**: Following the CrossFirst acquisition, First Busey has demonstrated a strong net interest margin, reaching its highest level in six years. Management has projected further NIM expansion in the second quarter of 2025, which will directly boost net interest income.
* **Strategic Regional Expansion**: Beyond specific acquisitions, First Busey's overall investment case highlights its disciplined growth strategy and market presence in high-growth regions, positioning the company for continued organic and inorganic expansion.
AI Analysis | Feedback
Share Repurchases
- First Busey expanded its share repurchase program by 4,000,000 shares on December 4, 2025, allowing for the repurchase of up to 5,454,275 shares with no expiration date.
- The company completed a multi-year share repurchase program by January 2026, which involved retiring 6,810,492 shares for a total of US$160,130,000.
- During the second quarter of 2025, Busey purchased 1,012,000 shares of its common stock for $21.7 million, and as of June 30, 2025, 2,687,275 shares remained available for repurchase under the plan.
Share Issuance
- On May 20, 2025, First Busey completed a public offering of 8,600,000 depositary shares, representing interests in its 8.25% Fixed Rate Series B Non-Cumulative Perpetual Preferred Stock, which generated approximately $207.5 million in net proceeds.
- The net proceeds from this offering were expected to be utilized for the redemption of Busey's 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 and for general corporate purposes, including supporting the balance sheet growth of Busey Bank.
Outbound Investments
- First Busey Corporation completed its acquisition by merger of CrossFirst Bankshares, Inc. on March 1, 2025, a transaction that significantly expanded its asset base to approximately $20 billion.
- In April 2024, the company acquired Merchants & Manufacturers Bank, further broadening its presence in the greater Chicagoland area.
- Effective May 31, 2021, First Busey completed the acquisition of Cummins-American Corp., the holding company for Glenview State Bank, which expanded its combined assets to approximately $12.3 billion.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can First Busey Stock Really Go? | 10/17/2025 | |
| Why First Busey Stock Moved: BUSE Stock Has Gained 14% Since 2022 Fiscal End, Primarily Due To Favorable Change In Price To Sales Multiple (P/S) | 08/08/2025 | |
| First Busey (BUSE) Valuation Ratios Comparison | 08/08/2025 | |
| BUSE Dip Buy Analysis | 07/10/2025 | |
| Time To Buy First Busey Stock? | 05/16/2025 | |
| First Busey (BUSE) Operating Cash Flow Comparison | 02/17/2025 | |
| First Busey (BUSE) Net Income Comparison | 02/15/2025 | |
| ARTICLES | ||
| Small Cap Stocks Trading At 52-Week High | 06/09/2026 |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 45.18 |
| Mkt Cap | 7.2 |
| Rev LTM | 1,752 |
| Op Inc LTM | - |
| FCF LTM | 810 |
| FCF 3Y Avg | 608 |
| CFO LTM | 853 |
| CFO 3Y Avg | 649 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 37.8% |
| Rev Chg 3Y Avg | 12.1% |
| Rev Chg Q | 13.7% |
| QoQ Delta Rev Chg LTM | 3.3% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 37.7% |
| CFO/Rev 3Y Avg | 39.3% |
| FCF/Rev LTM | 36.0% |
| FCF/Rev 3Y Avg | 37.7% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Banking | 636 | 391 | 382 | 394 | 345 |
| Wealth Management | 70 | 65 | 58 | 55 | 53 |
| FirsTech | 22 | 23 | 23 | 22 | 20 |
| Other | -8 | -17 | -21 | -21 | -14 |
| Total | 720 | 462 | 442 | 450 | 404 |
| $ Mil | 1999 |
|---|---|
| Busey Bank | 80 |
| All Other | 18 |
| First Busey Trust & Investment Co | 2 |
| Total | 100 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Banking | 150 | 117 | 124 | 132 | 118 |
| Wealth Management | 24 | 22 | 19 | 19 | 19 |
| FirsTech | -2 | -1 | 1 | 1 | 2 |
| Other | -38 | -25 | -21 | -23 | -14 |
| Total | 135 | 114 | 123 | 128 | 123 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Banking | 17,881 | 11,857 | 12,125 | 12,200 | 12,747 |
| Wealth Management | 152 | 126 | 103 | 84 | 66 |
| FirsTech | 45 | 58 | 52 | 49 | 47 |
| Other | 26 | 6 | 3 | 4 | -0 |
| Total | 18,105 | 12,047 | 12,283 | 12,337 | 12,860 |
Price Behavior
Price Behavior
| Market Price | $30.98 | |
| Market Cap ($ Bil) | 2.7 | |
| First Trading Date | 10/06/1998 | |
| Distance from 52W High | -1.9% | |
| 50 Days | 200 Days | |
| DMA Price | $29.04 | $25.62 |
| DMA Trend | up | up |
| Distance from DMA | 6.7% | 20.9% |
| 3M | 1YR | |
| Volatility | 19.5% | 23.4% |
| Downside Capture | -1.81 | 54.23 |
| Upside Capture | 67.73 | 83.81 |
| Correlation (SPY) | 9.5% | 35.4% |
BUSE Betas & Captures as of 7/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.17 | -0.05 | 0.12 | 0.48 | 0.63 | 0.82 |
| Up Beta | 0.21 | -0.62 | -0.33 | 0.51 | 0.85 | 0.82 |
| Down Beta | -0.84 | -0.20 | -0.22 | -0.14 | 0.27 | 0.77 |
| Up Capture | 91% | 61% | 74% | 84% | 77% | 65% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 12 | 27 | 40 | 73 | 132 | 371 |
| Down Capture | 8% | -25% | 0% | 48% | 62% | 95% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 10 | 16 | 23 | 51 | 116 | 369 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BUSE | |
|---|---|---|---|---|
| BUSE | 45.1% | 23.3% | 1.52 | - |
| Sector ETF (XLF) | 12.3% | 14.6% | 0.57 | 57.5% |
| Equity (SPY) | 23.3% | 12.8% | 1.36 | 35.0% |
| Gold (GLD) | 28.5% | 28.4% | 0.87 | 2.7% |
| Commodities (DBC) | 32.9% | 19.8% | 1.32 | -25.6% |
| Real Estate (VNQ) | 14.2% | 13.8% | 0.72 | 43.4% |
| Bitcoin (BTCUSD) | -43.7% | 43.0% | -1.21 | 19.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BUSE | |
|---|---|---|---|---|
| BUSE | 10.0% | 28.1% | 0.35 | - |
| Sector ETF (XLF) | 11.4% | 18.4% | 0.48 | 64.9% |
| Equity (SPY) | 13.5% | 17.2% | 0.61 | 47.6% |
| Gold (GLD) | 18.6% | 18.6% | 0.81 | -1.4% |
| Commodities (DBC) | 8.2% | 19.6% | 0.31 | 3.9% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 47.8% |
| Bitcoin (BTCUSD) | 9.0% | 53.0% | 0.36 | 19.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BUSE | |
|---|---|---|---|---|
| BUSE | 7.2% | 31.4% | 0.29 | - |
| Sector ETF (XLF) | 13.6% | 22.1% | 0.56 | 74.2% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 55.4% |
| Gold (GLD) | 12.1% | 16.2% | 0.61 | -3.9% |
| Commodities (DBC) | 7.4% | 18.0% | 0.33 | 16.9% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.20 | 53.1% |
| Bitcoin (BTCUSD) | 58.4% | 66.2% | 0.98 | 15.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/6/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/28/2026 | 1.6% | 4.5% | |
| 4/28/2026 | -2.9% | 0.1% | 2.7% |
| 1/27/2026 | -2.6% | 2.8% | 3.6% |
| 10/28/2025 | -3.1% | -2.5% | 2.2% |
| 7/22/2025 | -2.0% | -5.7% | -3.8% |
| 4/22/2025 | 3.3% | 2.0% | 6.2% |
| 1/28/2025 | 1.9% | 3.8% | 2.3% |
| 10/22/2024 | -0.6% | -0.2% | 6.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 14 | 17 |
| # Negative | 16 | 10 | 6 |
| Median Positive | 1.9% | 2.4% | 4.4% |
| Median Negative | -1.7% | -2.3% | -4.3% |
| Max Positive | 3.3% | 9.4% | 19.9% |
| Max Negative | -5.9% | -5.7% | -8.5% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/28/2026 | 1.6% | 4.5% | |
| 4/28/2026 | -2.9% | 0.1% | 2.7% |
| 1/27/2026 | -2.6% | 2.8% | 3.6% |
| 10/28/2025 | -3.1% | -2.5% | 2.2% |
| 7/22/2025 | -2.0% | -5.7% | -3.8% |
| 4/22/2025 | 3.3% | 2.0% | 6.2% |
| 1/28/2025 | 1.9% | 3.8% | 2.3% |
| 10/22/2024 | -0.6% | -0.2% | 6.6% |
| 7/23/2024 | -3.2% | -1.6% | -8.5% |
| 4/23/2024 | -0.6% | -4.0% | 0.2% |
| 1/23/2024 | 2.0% | 4.3% | -3.0% |
| 10/24/2023 | -1.4% | 6.3% | 13.2% |
| 7/25/2023 | 0.6% | -1.3% | -7.2% |
| 4/25/2023 | -0.8% | -3.4% | 4.6% |
| 1/24/2023 | -5.9% | -0.8% | 2.0% |
| 10/25/2022 | 3.2% | 9.4% | 8.7% |
| 7/26/2022 | -1.3% | -2.0% | -4.8% |
| 4/26/2022 | -0.5% | 0.9% | 0.0% |
| 1/25/2022 | 0.1% | 1.8% | -3.0% |
| 10/26/2021 | -4.2% | 0.8% | 8.5% |
| 7/27/2021 | 1.8% | 1.1% | 3.3% |
| 4/27/2021 | -0.7% | 0.9% | 4.6% |
| 1/26/2021 | -5.9% | -4.4% | 4.4% |
| 10/27/2020 | -1.4% | 6.1% | 19.9% |
| SUMMARY STATS | |||
| # Positive | 8 | 14 | 17 |
| # Negative | 16 | 10 | 6 |
| Median Positive | 1.9% | 2.4% | 4.4% |
| Median Negative | -1.7% | -2.3% | -4.3% |
| Max Positive | 3.3% | 9.4% | 19.9% |
| Max Negative | -5.9% | -5.7% | -8.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/05/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/05/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 02/24/2022 | 10-K |
| 09/30/2021 | 11/04/2021 | 10-Q |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 05/06/2021 | 10-Q |
| 12/31/2020 | 02/25/2021 | 10-K |
| 09/30/2020 | 11/05/2020 | 10-Q |
| 06/30/2020 | 08/06/2020 | 10-Q |
| 03/31/2020 | 05/07/2020 | 10-Q |
| 12/31/2019 | 02/27/2020 | 10-K |
| 09/30/2019 | 11/07/2019 | 10-Q |
Recent Forward Guidance
Updated 7/29/2026Latest: Q2 2026 Earnings Reported 7/28/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Net Interest Income Growth | 1.8% | 3.1% | Raised | Guidance: -1.3% for 2027 | |||
| 2026 Securities Portfolio Cash Flows | 171.90 Mil | -43.2% | Lowered | Guidance: 302.50 Mil for 2026 | |||
Prior: Q1 2026 Earnings Reported 4/28/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Net Interest Income Change | -0.01 | ||||||
| 2026 Securities Portfolio Cash Flows | 302.50 Mil | -12.8% | Lowered | Guidance: 347.10 Mil for 2026 | |||
Q4 2025 Earnings Reported 1/27/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Securities Portfolio Cash Flows | 347.10 Mil | 13.5% | Raised | Guidance: 305.90 Mil for 2026 | |||
| 2026 Pre-tax expense synergies | 25.00 Mil | 0 | Affirmed | Guidance: 25.00 Mil for 2026 | |||
| 2026 Net Interest Income sensitivity | -0.02 | ||||||
Q3 2025 Earnings Reported 10/28/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Securities Cash Flows | 90.50 Mil | ||||||
| 2025 Expense Synergies | 12.50 Mil | ||||||
| 2026 Expense Synergies | 25.00 Mil | ||||||
| 2026 Securities Cash Flows | 305.90 Mil | ||||||
Insider Activity
Updated 8/3/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cassens, Michael David | Direct | Sell | 7172026 | 29.34 | 1,441 | 42,279 | 3,892,626 | Form | |
| 2 | Cassens, Michael David | Direct | Sell | 6162026 | 28.99 | 6,278 | 182,002 | 3,888,024 | Form | |
| 3 | Cassens, Michael David | Direct | Sell | 5182026 | 26.11 | 750 | 19,582 | 3,665,635 | Form | |
| 4 | Bradshaw, Stanley J | Direct | Buy | 5122026 | 25.99 | 600 | 15,594 | 13,147,145 | Form | |
| 5 | Phillips, Scott A | Chief Accounting Officer | Direct | Buy | 5052026 | 25.90 | 5,000 | 129,508 | 216,278 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cassens, Michael David | Direct | Sell | 7172026 | 29.34 | 1,441 | 42,279 | 3,892,626 | Form | |
| 2 | Cassens, Michael David | Direct | Sell | 6162026 | 28.99 | 6,278 | 182,002 | 3,888,024 | Form | |
| 3 | Cassens, Michael David | Direct | Sell | 5182026 | 26.11 | 750 | 19,582 | 3,665,635 | Form | |
| 4 | Bradshaw, Stanley J | Direct | Buy | 5122026 | 25.99 | 600 | 15,594 | 13,147,145 | Form | |
| 5 | Phillips, Scott A | Chief Accounting Officer | Direct | Buy | 5052026 | 25.90 | 5,000 | 129,508 | 216,278 | Form |
| 6 | Cassens, Michael David | Direct | Sell | 4162026 | 26.75 | 750 | 20,062 | 3,768,754 | Form | |
| 7 | Bradshaw, Stanley J | Direct | Buy | 3232026 | 24.00 | 400 | 9,600 | 12,049,944 | Form | |
| 8 | Cassens, Michael David | Direct | Sell | 3172026 | 24.92 | 750 | 18,690 | 3,458,223 | Form | |
| 9 | Bradshaw, Stanley J | Direct | Buy | 3102026 | 24.50 | 1,000 | 24,500 | 12,291,184 | Form | |
| 10 | Cassens, Michael David | Direct | Sell | 2192026 | 26.61 | 750 | 19,958 | 3,712,707 | Form | |
| 11 | Cassens, Michael David | Direct | Sell | 1202026 | 24.24 | 750 | 18,180 | 3,394,351 | Form | |
| 12 | Cassens, Michael David | Direct | Sell | 12172025 | 25.37 | 750 | 19,028 | 3,571,614 | Form | |
| 13 | Maddox, Mike | President | Spouse | Buy | 12052025 | 25.52 | 1,000 | 25,519 | 1,027,905 | Form |
| 14 | Cassens, Michael David | Direct | Sell | 11182025 | 22.92 | 750 | 17,190 | 3,243,891 | Form | |
| 15 | Phillips, Scott A | CAO | Direct | Buy | 11042025 | 25.64 | 1,350 | 34,610 | 60,246 | Form |
| 16 | Bradshaw, Stanley J | Direct | Buy | 11042025 | 22.31 | 1,500 | 33,470 | 11,165,190 | Form | |
| 17 | Jensen, Karen M | Direct | Buy | 9162025 | 24.60 | 3,000 | 73,800 | 2,135,231 | Form | |
| 18 | Maddox, Mike | President | Spouse | Buy | 9052025 | 25.44 | 7,500 | 190,800 | 999,283 | Form |
| 19 | Maddox, Mike | President | Stepson | Buy | 9052025 | 25.44 | 920 | 23,405 | 11,702 | Form |
| 20 | Maddox, Mike | President | Spouse | Buy | 9052025 | 25.52 | 10,000 | 255,162 | 810,905 | Form |
| 21 | Maddox, Mike | President | Spouse | Buy | 9042025 | 25.26 | 21,780 | 550,211 | 550,211 | Form |
| 22 | Phillips, Scott A | CAO and Interim CFO | Direct | Buy | 8212025 | 25.25 | 1,000 | 25,250 | 25,250 | Form |
| 23 | Bradshaw, Stanley J | Direct | Buy | 8012025 | 22.35 | 3,000 | 67,050 | 11,142,995 | Form |
Investor Activity (13F)
Updated Aug 9, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Regional Banks Resources |
| Bank Director |
| Independent Banker |
| S&P Global Market Intelligence |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.
Core Cache Last Updated: 8/8/2026