First Busey Corporation

NasdaqGS:BUSE Stock Report

Market Cap: US$2.0b

First Busey Management

Management criteria checks 3/4

First Busey's CEO is Van Dukeman, appointed in Aug 2007, has a tenure of 17.75 years. total yearly compensation is $2.85M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $6.31M. The average tenure of the management team and the board of directors is 3.5 years and 9.3 years respectively.

Key information

Van Dukeman

Chief executive officer

US$2.8m

Total compensation

CEO salary percentage27.4%
CEO tenure17.8yrs
CEO ownership0.3%
Management average tenure3.5yrs
Board average tenure9.3yrs

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

CEO Compensation Analysis

How has Van Dukeman's remuneration changed compared to First Busey's earnings?
DateTotal CompensationSalaryCompany Earnings
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

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

Compensation vs Market: Van's total compensation ($USD2.85M) is below average for companies of similar size in the US market ($USD6.21M).

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

CEO

Van Dukeman (65 yo)

17.8yrs

Tenure

US$2,847,082

Compensation

Mr. Van A. Dukeman, CFA, is CEO & Director of First Busey Corporation since August 2007 annd erves as its Chairman since July 2020. He is Chairman of Busey Bank since 2007. He also serves as a director of...

Leadership Team

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman & CEO17.8yrsUS$2.85m0.32%
$ 6.3m
Amy Randolph
Executive VP & COO1.6yrsUS$1.53m0.053%
$ 1.0m
John Powers
Executive VP13.4yrsUS$1.20m0.16%
$ 3.2m
Monica Bowe
Executive VP & Chief Risk Officer5.3yrsUS$1.19m0.010%
$ 204.2k
Michael Maddox
President & Vice Chairman of the Board17.3yrsno data0.19%
$ 3.8m
Scott Phillips
Executive VPless than a yearno data0.011%
$ 213.5k
Amy Fauss
Executive VP and Chief Information & Technology Officerless than a yearno data0.092%
$ 1.8m
Tate McKay
Vice President of Corporate Development and Investor Relationsno datano datano data

3.5yrs

Average Tenure

54yo

Average Age

Experienced Management: BUSE's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman & CEO17.8yrsUS$2.85m0.32%
$ 6.3m
Michael Maddox
President & Vice Chairman of the Board17.3yrsno data0.19%
$ 3.8m
Kevin Rauckman
Independent Director9.3yrsno data0.048%
$ 934.8k
Stephen King
Independent Director12.3yrsUS$134.99k0.20%
$ 4.0m
Steven Caple
Independent Director7.3yrsno data0.66%
$ 13.0m
Rodney Brenneman
Lead Independent Director13.3yrsno data0.19%
$ 3.7m
Stanley Bradshaw
Independent Director9.3yrsUS$147.49k0.51%
$ 10.1m
Jennifer Grigsby
Independent Director12.3yrsno data0.049%
$ 961.1k
Frederic Kenney
Independent Director7yrsUS$147.49k0.18%
$ 3.6m
Karen Jensen
Independent Director5.7yrsUS$128.49k0.050%
$ 985.3k
Michael Cassens
Independent Director6.3yrsUS$136.19k0.13%
$ 2.6m
Tiffany White
Independent Directorless than a yearno datano data

9.3yrs

Average Tenure

60yo

Average Age

Experienced Board: BUSE's board of directors are considered experienced (9.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/11 08:09
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

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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 12 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.
null nullD.A. Davidson & Co.
Jeffrey RulisD.A. Davidson & Co.