First Busey Corporation

NasdaqGS:BUSE Stock Report

Market Cap: US$1.4b

First Busey Management

Management criteria checks 4/4

First Busey's CEO is Van Dukeman, appointed in Aug 2007, has a tenure of 17.33 years. total yearly compensation is $2.18M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $6.31M. The average tenure of the management team and the board of directors is 5.4 years and 7 years respectively.

Key information

Van Dukeman

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage33.3%
CEO tenure17.3yrs
CEO ownership0.5%
Management average tenure5.4yrs
Board average tenure7yrs

Recent management updates

Recent updates

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

Oct 13
First Busey's (NASDAQ:BUSE) Dividend Will Be $0.24

The Merger Between First Busey And CrossFirst Has A Clear Winner

Aug 28

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

Jul 13
First Busey (NASDAQ:BUSE) Will Pay A Dividend Of $0.24

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

Apr 14
First Busey (NASDAQ:BUSE) Is Paying Out A Dividend Of $0.24

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

Jan 13
First Busey (NASDAQ:BUSE) Has Announced A Dividend Of $0.24

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

Jul 15
First Busey (NASDAQ:BUSE) Is Due To Pay A Dividend Of $0.24

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

Jun 08
Should You Be Adding First Busey (NASDAQ:BUSE) To Your Watchlist Today?

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

Apr 15
First Busey (NASDAQ:BUSE) Will Pay A Larger Dividend Than Last Year At $0.24

First Busey goes ex dividend tomorrow

Oct 19

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

Oct 18
First Busey (NASDAQ:BUSE) Has Affirmed Its Dividend Of $0.23

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

Jul 16
First Busey (NASDAQ:BUSE) Is Due To Pay A Dividend Of $0.23

First Busey: Getting Paid To Wait

Jan 28

First Busey's (NASDAQ:BUSE) Dividend Will Be US$0.23

Jan 15
First Busey's (NASDAQ:BUSE) Dividend Will Be US$0.23

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

May 13
It's Unlikely That The CEO Of First Busey Corporation (NASDAQ:BUSE) Will See A Huge Pay Rise This Year

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

May 08
Do First Busey's (NASDAQ:BUSE) Earnings Warrant Your Attention?

First Busey EPS beats by $0.17, misses on revenue

Apr 27

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

Mar 09
Have Insiders Been Buying First Busey Corporation (NASDAQ:BUSE) Shares?

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

Jan 16
Why You Might Be Interested In First Busey Corporation (NASDAQ:BUSE) For Its Upcoming Dividend

CEO Compensation Analysis

How has Van Dukeman's remuneration changed compared to First Busey's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$111m

Jun 30 2024n/an/a

US$110m

Mar 31 2024n/an/a

US$112m

Dec 31 2023US$2mUS$725k

US$123m

Sep 30 2023n/an/a

US$131m

Jun 30 2023n/an/a

US$136m

Mar 31 2023n/an/a

US$137m

Dec 31 2022US$2mUS$720k

US$128m

Sep 30 2022n/an/a

US$124m

Jun 30 2022n/an/a

US$114m

Mar 31 2022n/an/a

US$114m

Dec 31 2021US$2mUS$694k

US$123m

Sep 30 2021n/an/a

US$122m

Jun 30 2021n/an/a

US$127m

Mar 31 2021n/an/a

US$123m

Dec 31 2020US$2mUS$675k

US$100m

Sep 30 2020n/an/a

US$101m

Jun 30 2020n/an/a

US$95m

Mar 31 2020n/an/a

US$93m

Dec 31 2019US$2mUS$662k

US$103m

Sep 30 2019n/an/a

US$100m

Jun 30 2019n/an/a

US$102m

Mar 31 2019n/an/a

US$102m

Dec 31 2018US$2mUS$634k

US$99m

Sep 30 2018n/an/a

US$86m

Jun 30 2018n/an/a

US$78m

Mar 31 2018n/an/a

US$69m

Dec 31 2017US$2mUS$611k

US$63m

Compensation vs Market: Van's total compensation ($USD2.18M) is below average for companies of similar size in the US market ($USD5.54M).

Compensation vs Earnings: Van's compensation has been consistent with company performance over the past year.

CEO

Van Dukeman (65 yo)

17.3yrs

Tenure

US$2,179,159

Compensation

Mr. Van A. Dukeman, CFA, is Chairman and Chief Executive Officer of First Busey Corporation and Busey Bank. Mr. Dukeman also serves as a director of FirsTech, Inc. Mr. Dukeman served as President & Chief E...

Leadership Team

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman & CEO17.3yrsUS$2.18m0.46%
$ 6.3m
Jeffrey Jones
Executive VP & CFO5.4yrsUS$1.21m0.041%
$ 565.1k
Amy Randolph
Executive VP & COO1.2yrsUS$1.09m0.062%
$ 846.5k
John Powers
Executive VP13yrsUS$953.68k0.22%
$ 3.1m
Monica Bowe
Executive VP & Chief Risk Officer4.9yrsUS$849.31k0.012%
$ 165.0k
Tate McKay
Vice President of Corporate Development and Investor Relationsno datano datano data

5.4yrs

Average Tenure

50yo

Average Age

Experienced Management: BUSE's management team is seasoned and experienced (5.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman & CEO17.3yrsUS$2.18m0.46%
$ 6.3m
Samuel Banks
Independent Director4.3yrsUS$123.50k0.050%
$ 681.9k
Gregory Lykins
Vice Chairman of the Board17.9yrsUS$133.38k0.48%
$ 6.5m
Stephen King
Independent Director11.9yrsUS$130.00k0.29%
$ 4.0m
Stanley Bradshaw
Independent Lead Director8.9yrsUS$142.50k0.71%
$ 9.7m
Frederic Kenney
Independent Director6.6yrsUS$141.88k0.29%
$ 4.0m
Karen Jensen
Independent Director5.3yrsUS$123.50k0.059%
$ 810.0k
Cassandra Sanford
Independent Director2.6yrsUS$123.50k0.0088%
$ 120.7k
George Barr
Independent Director7.4yrsUS$123.50k0.41%
$ 5.6m
Michael Cassens
Independent Director5.9yrsUS$131.55k0.21%
$ 2.9m

7.0yrs

Average Tenure

65yo

Average Age

Experienced Board: BUSE's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:36
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Busey Corporation is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen MossB. Riley Securities, Inc.
Jeffrey RulisD.A. Davidson & Co.
Robert RamseyFBR Capital Markets & Co.