First Busey Future Growth

Future criteria checks 5/6

First Busey is forecast to grow earnings and revenue by 39.9% and 29.9% per annum respectively. EPS is expected to grow by 15.9% per annum. Return on equity is forecast to be 10.6% in 3 years.

Key information

39.9%

Earnings growth rate

15.9%

EPS growth rate

Banks earnings growth	10.5%
Revenue growth rate	29.9%
Future return on equity	10.6%
Analyst coverage	Good
Last updated	30 Oct 2024

Recent future growth updates

Recent updates

It's Unlikely That The CEO Of First Busey Corporation (NASDAQ:BUSE) Will See A Huge Pay Rise This Year

May 13

Do First Busey's (NASDAQ:BUSE) Earnings Warrant Your Attention?

May 08

First Busey EPS beats by $0.17, misses on revenue

Apr 27

Have Insiders Been Buying First Busey Corporation (NASDAQ:BUSE) Shares?

Mar 09

Why You Might Be Interested In First Busey Corporation (NASDAQ:BUSE) For Its Upcoming Dividend

Jan 16

Earnings and Revenue Growth Forecasts

NasdaqGS:BUSE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	827	258	N/A	N/A	4
12/31/2025	716	194	N/A	N/A	5
12/31/2024	462	116	N/A	N/A	5
9/30/2024	446	111	165	172	N/A
6/30/2024	436	110	146	154	N/A
3/31/2024	428	112	157	165	N/A
12/31/2023	439	123	164	173	N/A
9/30/2023	451	131	167	175	N/A
6/30/2023	457	136	171	177	N/A
3/31/2023	456	137	162	169	N/A
12/31/2022	446	128	161	166	N/A
9/30/2022	437	124	173	178	N/A
6/30/2022	428	114	151	156	N/A
3/31/2022	422	114	157	160	N/A
12/31/2021	419	123	157	162	N/A
9/30/2021	409	122	159	164	N/A
6/30/2021	400	127	184	188	N/A
3/31/2021	386	123	185	188	N/A
12/31/2020	362	100	159	163	N/A
9/30/2020	363	101	124	130	N/A
6/30/2020	368	95	88	98	N/A
3/31/2020	381	93	49	63	N/A
12/31/2019	393	103	75	88	N/A
9/30/2019	375	100	96	108	N/A
6/30/2019	356	102	119	128	N/A
3/31/2019	338	102	137	145	N/A
12/31/2018	327	99	191	203	N/A
9/30/2018	328	86	207	221	N/A
6/30/2018	321	78	N/A	230	N/A
3/31/2018	302	69	N/A	160	N/A
12/31/2017	283	63	N/A	253	N/A
9/30/2017	261	62	N/A	190	N/A
6/30/2017	249	59	N/A	172	N/A
3/31/2017	242	54	N/A	159	N/A
12/31/2016	224	50	N/A	-21	N/A
9/30/2016	207	49	N/A	-9	N/A
6/30/2016	188	44	N/A	-13	N/A
3/31/2016	177	41	N/A	65	N/A
12/31/2015	175	38	N/A	62	N/A
9/30/2015	171	35	N/A	61	N/A
6/30/2015	167	34	N/A	63	N/A
3/31/2015	162	32	N/A	55	N/A
12/31/2014	159	32	N/A	68	N/A
9/30/2014	156	31	N/A	67	N/A
6/30/2014	154	29	N/A	81	N/A
3/31/2014	154	27	N/A	91	N/A
12/31/2013	155	25	N/A	98	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BUSE's forecast earnings growth (39.9% per year) is above the savings rate (2.6%).

Earnings vs Market: BUSE's earnings (39.9% per year) are forecast to grow faster than the US market (15.4% per year).

High Growth Earnings: BUSE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BUSE's revenue (29.9% per year) is forecast to grow faster than the US market (9% per year).

High Growth Revenue: BUSE's revenue (29.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BUSE's Return on Equity is forecast to be low in 3 years time (10.6%).

First Busey Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 8.6% to US$29.50

Price target increased by 7.9% to US$25.00

Price target increased by 7.4% to US$24.33

Price target decreased by 8.8% to US$22.50

Price target decreased by 8.5% to US$25.00

Price target decreased by 8.1% to US$26.50

Recent updates

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

First Busey Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2024

First Busey's (NASDAQ:BUSE) Dividend Will Be $0.24

Second quarter dividend of US$0.24 announced

First Busey Corporation Declares Quarterly Cash Dividend, Payable on October 25, 2024

The Merger Between First Busey And CrossFirst Has A Clear Winner

First Busey Corporation (NasdaqGS:BUSE) entered into a definitive agreement to acquire CrossFirst Bankshares, Inc. (NasdaqGS:CFB) for approximately $960 million.

Price target increased by 8.6% to US$29.50

First Busey Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024

Second quarter 2024 earnings: EPS exceeds analyst expectations

First Busey Corporation Reports Net Charge-Offs for the Second Quarter of 2024

First Busey (NASDAQ:BUSE) Will Pay A Dividend Of $0.24

First quarter dividend of US$0.24 announced

Chairman & CEO recently sold US$389k worth of stock

First quarter 2024 earnings: EPS misses analyst expectations

First Busey (NASDAQ:BUSE) Is Paying Out A Dividend Of $0.24

Fourth quarter dividend of US$0.24 announced

New minor risk - Shareholder dilution

First Busey Corporation (NasdaqGS:BUSE) completed the acquisition of Merchants and Manufacturers Bank Corporation (M&M)

Full year 2023 earnings: EPS misses analyst expectations

Full year 2023 earnings: EPS misses analyst expectations

First Busey (NASDAQ:BUSE) Has Announced A Dividend Of $0.24

First Busey Corporation Declares Quarterly Cash Dividend, Payable on January 26, 2024

First Busey Corporation to Report Q1, 2024 Results on Apr 23, 2024

Price target increased by 7.9% to US$25.00

Independent Lead Director recently bought US$456k worth of stock

First Busey Corporation (NasdaqGS:BUSE) entered into an agreement and plan of merger to acquire Merchants and Manufacturers Bank Corporation for $45.3 million.

First Busey Corporation (NasdaqGS:BUSE) entered into an agreement and plan of merger to acquire Merchants and Manufacturers Bank Corporation for $45.3 million.

Independent Director notifies of intention to sell stock

First Busey Corporation Appoints Amy L. Randolph as Executive Vice President, Chief Operating Officer

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Busey Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023

First Busey Corporation Declares Quarterly Cash Dividend, Payable on October 27, 2023

Insufficient new directors

First Busey Corporation to Report Q3, 2023 Results on Oct 24, 2023

Independent Director recently bought US$250k worth of stock

Price target increased by 7.4% to US$24.33

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First Busey Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

Independent Director notifies of intention to sell stock

First Busey (NASDAQ:BUSE) Is Due To Pay A Dividend Of $0.24

First Busey Corporation to Report Q2, 2023 Results on Jul 25, 2023

First Busey Corporation Declares A Quarterly Cash Dividend, Payable on July 28, 2023

Should You Be Adding First Busey (NASDAQ:BUSE) To Your Watchlist Today?

Price target decreased by 8.8% to US$22.50

Independent Lead Director recently bought US$152k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

First Busey (NASDAQ:BUSE) Will Pay A Larger Dividend Than Last Year At $0.24

Price target decreased by 8.5% to US$25.00

Price target decreased by 8.1% to US$26.50

Independent Lead Director recently bought US$108k worth of stock

Independent Director recently sold US$198k worth of stock

Independent Director recently sold US$199k worth of stock

Vice Chairman of the Board recently bought US$91k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

First Busey Corporation to Report Q4, 2022 Results on Jan 24, 2023

First Busey Corporation Declares Quarterly Cash Dividend, Payable on January 27, 2023

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

First Busey Corporation to Report Q3, 2022 Results on Oct 25, 2022

First Busey goes ex dividend tomorrow

First Busey (NASDAQ:BUSE) Has Affirmed Its Dividend Of $0.23

First Busey Corporation Declares Quarterly Cash Dividend on the Company’s Common Stock. the Dividend Will Be Paid on October 28, 2022

Second quarter 2022 earnings: EPS misses analyst expectations

First Busey Corporation to Report Q2, 2022 Results on Jul 26, 2022

First Busey (NASDAQ:BUSE) Is Due To Pay A Dividend Of $0.23

First Busey Corporation Declares Quarterly Cash Dividend, Payable on July 29, 2022

Independent Lead Director recently bought US$73k worth of stock

Independent Lead Director recently bought US$90k worth of stock

Price target decreased to US$28.00