First Busey (BUSE) to Release Quarterly Earnings on Tuesday

First Busey (NASDAQ:BUSE) is anticipated to announce its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $197.5890 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 8:00 AM ET.

First Busey (NASDAQ:BUSE) last posted its quarterly earnings data on Tuesday, April 28th. The bank reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.10. The business had revenue of $197.17 million for the quarter, compared to analysts’ expectations of $197.15 million. First Busey had a return on equity of 10.19% and a net margin of 19.16%. 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 Stock Down 1.0%

Shares of NASDAQ:BUSE opened at $29.69 on Tuesday. First Busey has a 1 year low of $21.63 and a 1 year high of $30.51. The company has a market capitalization of $2.51 billion, a PE ratio of 13.20 and a beta of 0.72. The business has a fifty day moving average price of $28.21 and a two-hundred day moving average price of $26.47. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.90 and a quick ratio of 0.90.

First Busey Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 24th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, July 24th. First Busey’s payout ratio is 46.22%.

Insider Activity at First Busey

In other news, CAO Scott A. Phillips purchased 5,000 shares of First Busey stock in a transaction dated 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 transaction, the chief accounting officer directly owned 8,350 shares of the company’s stock, valued at approximately $216,265. This trade represents a 149.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.77% of the stock is owned by company insiders.

Hedge Funds Weigh In On First Busey

A number of hedge funds and other institutional investors have recently bought and sold shares of BUSE. Twinbeech Capital LP purchased a new position in First Busey in the fourth quarter worth $371,000. Balyasny Asset Management L.P. grew its holdings in shares of First Busey by 15.0% during the 4th quarter. Balyasny Asset Management L.P. now owns 11,660 shares of the bank’s stock valued at $277,000 after purchasing an additional 1,517 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of First Busey by 10.4% during the 3rd quarter. Raymond James Financial Inc. now owns 11,515 shares of the bank’s stock valued at $267,000 after purchasing an additional 1,088 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of First Busey by 5.1% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 13,237 shares of the bank’s stock valued at $303,000 after purchasing an additional 640 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in First Busey by 585.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,742 shares of the bank’s stock worth $223,000 after purchasing an additional 8,321 shares during the period. Hedge funds and other institutional investors own 56.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BUSE shares. Weiss Ratings upgraded shares of First Busey from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Piper Sandler boosted their target price on shares of First Busey from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. Stephens increased their target price on shares of First Busey from $27.00 to $28.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Raymond James Financial lifted their price target on shares of First Busey from $28.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Finally, Wall Street Zen downgraded First Busey from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, First Busey presently has an average rating of “Moderate Buy” and a consensus price target of $29.60.

First Busey Company Profile

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.