First Busey Corporation

NasdaqGS:BUSE Stock Report

Market Cap: US$2.2b

First Busey Management

Management criteria checks 3/4

First Busey's CEO is Van Dukeman, appointed in Aug 2007, has a tenure of 18.75 years. total yearly compensation is $4.03M, comprised of 22.8% salary and 77.2% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $8.45M. The average tenure of the management team and the board of directors is 4.5 years and 7 years respectively.

Key information

Van Dukeman

Chief executive officer

US$4.0m

Total compensation

CEO salary percentage22.80%
CEO tenure18.8yrs
CEO ownership0.4%
Management average tenure4.5yrs
Board average tenure7yrs

Recent management updates

Recent updates

Seeking Alpha • May 02

First Busey: Preferred Stock Offers A Very Attractive Yield

Summary First Busey offers an intriguing risk/reward profile, especially through its 8.25% preferred shares callable in 2030. Q1 2026 results were pressured by higher non-interest expenses, mainly from restructuring-related salary increases, but underlying earnings remain robust. BUSE maintains strong credit quality with nonperforming assets at just 0.28% of total assets and a CET1 ratio above 12%. Preferred dividends are well covered, and the yield to call on BUSEP exceeds 7.2%, offering attractive compensation relative to risk. Read the full article on Seeking Alpha
Analysis Article • Jan 17

First Busey (NASDAQ:BUSE) Is Increasing Its Dividend To $0.26

First Busey Corporation's ( NASDAQ:BUSE ) periodic dividend will be increasing on the 30th of January to $0.26, with...
Analysis Article • Oct 13

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

The board of First Busey Corporation ( NASDAQ:BUSE ) has announced that it will pay a dividend of $0.24 per share on...
Seeking Alpha • Aug 28

The Merger Between First Busey And CrossFirst Has A Clear Winner

Summary First Busey Corporation and CrossFirst Bankshares are merging in an all-stock transaction, valuing the latter at $916.8 million. The merger is expected to result in annual cost savings, with significant synergies and improved asset performance for First Busey's investors. First Busey shareholders benefit more from the deal, with projected net profits increasing significantly, making the combined entity a strong investment. Read the full article on Seeking Alpha
Analysis Article • Jul 13

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

First Busey Corporation's ( NASDAQ:BUSE ) investors are due to receive a payment of $0.24 per share on 26th of July...
Analysis Article • Apr 14

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

First Busey Corporation ( NASDAQ:BUSE ) has announced that it will pay a dividend of $0.24 per share on the 26th of...
Analysis Article • Jan 13

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

First Busey Corporation's ( NASDAQ:BUSE ) investors are due to receive a payment of $0.24 per share on 26th of January...
Analysis Article • Jul 15

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

The board of First Busey Corporation ( NASDAQ:BUSE ) has announced that it will pay a dividend of $0.24 per share on...
Analysis Article • Jun 08

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Apr 15

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

First Busey Corporation's ( NASDAQ:BUSE ) dividend will be increasing from last year's payment of the same period to...

CEO Compensation Analysis

How has Van Dukeman's remuneration changed compared to First Busey's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$201m

Dec 31 2025US$4mUS$919k

US$125m

Sep 30 2025n/an/a

US$97m

Jun 30 2025n/an/a

US$77m

Mar 31 2025n/an/a

US$57m

Dec 31 2024US$3mUS$779k

US$114m

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

Compensation vs Market: Van's total compensation ($USD4.03M) is about average for companies of similar size in the US market ($USD5.52M).

Compensation vs Earnings: Van's compensation has increased by more than 20% in the past year.

CEO

Van Dukeman (66 yo)

18.8yrs
Tenure
US$4,030,080
Compensation

Mr. Van A. Dukeman, CFA, has been the Chairman of First Busey Corporation since July 2020 and has been its President since January 27, 2026, CEO since August 01, 2007 and Director since August 2007. He ser...

Leadership Team

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman18.8yrsUS$4.03m0.38%
$ 8.5m
Christopher Chan
Executive VP & Chief Financial Officerless than a yearUS$1.67m0%
$ 0
Amy Randolph
Executive VP & COO2.6yrsUS$2.89m0.14%
$ 3.0m
Scott Phillips
Executive VP & Chief Accounting Officerno dataUS$754.29k0.023%
$ 498.5k
Monica Bowe
Executive VP & Chief Risk Officer6.3yrsUS$1.84m0.074%
$ 1.6m
Amy Fauss
Executive VP and Chief Information & Technology Officer1.2yrsno data0.097%
$ 2.2m
Tate McKay
Vice President of Corporate Development and Investor Relationsno datano datano data
John Powers
Executive VP14.4yrsUS$1.20m0.16%
$ 3.6m
Chip Jorstad
Executive VP & Chief Credit Officerno datano data0.076%
$ 1.7m
4.5yrs
Average Tenure
50.5yo
Average Age

Experienced Management: BUSE's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman18.8yrsUS$4.03m0.38%
$ 8.5m
Kevin Rauckman
Independent Director1.3yrsUS$128.29k0.051%
$ 1.1m
Stephen King
Independent Director13.3yrsUS$146.75k0.22%
$ 4.8m
Steven Caple
Independent Director1.3yrsUS$126.41k0.71%
$ 15.7m
Rodney Brenneman
Lead Independent Director14.3yrsUS$148.91k0.19%
$ 4.3m
Stanley Bradshaw
Independent Director10.3yrsUS$146.12k0.56%
$ 12.4m
Jennifer Grigsby
Independent Director1.3yrsUS$128.29k0.052%
$ 1.2m
Frederic Kenney
Independent Director8yrsUS$163.37k0.20%
$ 4.3m
Karen Jensen
Independent Director6.7yrsUS$135.75k0.077%
$ 1.7m
Scott Wehrli
Independent Director1.2yrsUS$121.44k0.075%
$ 1.7m
Michael Cassens
Independent Director7.3yrsUS$150.87k0.14%
$ 3.0m
Tiffany White
Independent Director1.2yrsUS$125.96k0%
$ 0
7.0yrs
Average Tenure
61yo
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 Analysis2026/05/13 21:39
End of Day Share Price 2026/05/13 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

First Busey Corporation is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian MartinBrean Capital Historical (Janney Montgomery)
Stephen MossB. Riley Securities, Inc.
null nullD.A. Davidson & Co.