First Busey Corporation

NasdaqGS:BUSE Stock Report

Market Cap: US$2.6b

First Busey Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Van Dukeman

Chief executive officer

US$4.0m

Total compensation

CEO salary percentage22.80%
CEO tenure19yrs
CEO ownership0.7%
Management average tenure1.4yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

Seeking Alpha • Aug 09

First Busey: The Preferred Shares With A 7.5% Yield To Call Are A 'Buy'

Summary First, Busey demonstrates robust financial health, with a conservative balance sheet and CET1 ratio of 12.5%, well above regulatory minimums. Net income attributable to common shareholders rose 30% year-over-year, driven by stable net interest income, lower expenses, and reduced loan loss provisions. Non-accrual loans represent just 0.5% of the loan book, with provisions exceeding $160M, reflecting prudent underwriting and strong credit quality. BUSE's 8.25% preferred stock offers a yield to call of 7–7.5%, presenting an attractive risk/reward profile despite trading above par. Read the full article on Seeking Alpha
Analysis Article • Jun 21

First Busey (BUSE) Stock Could Be 44% Below Fair Value After Recent Run

First Busey (BUSE) drew fresh attention after recent trading left the stock at a last close of $28.23. This prompted investors to reassess its performance and business mix across banking, wealth management, and payments. See our latest analysis for First Busey. First Busey’s recent 4.25% 1 month share price return and 18.12% year to date share price return, alongside a 31.56% 1 year total shareholder return, suggests momentum has been building as investors reassess its risk and income...
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...

CEO Compensation Analysis

How has Van Dukeman's remuneration changed compared to First Busey's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$212m

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 ($USD4.03M) is below average for companies of similar size in the US market ($USD6.99M).

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

CEO

Van Dukeman (67 yo)

19yrs
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
Chairman19yrsUS$4.03m0.67%
$ 17.1m
Christopher Chan
Chief Financial Officerless than a yearUS$1.67m0%
$ 0
Amy Randolph
Chief Operating Officer2.8yrsUS$2.89m0.072%
$ 1.9m
Scott Phillips
Executive VP & Chief Accounting Officerno dataUS$754.29k0.013%
$ 337.5k
Monica Bowe
Chief Risk Officer6.6yrsUS$1.84m0.028%
$ 709.1k
Amy Fauss
Chief Information & Technology Officer1.4yrsno data0.10%
$ 2.6m
Tate McKay
Vice President of Corporate Development and Investor Relationsno datano datano data
Michael Peluso
General Counsel & Corporate Secretaryno datano data0.020%
$ 509.2k
Kristen Bosch
Executive VP & Chief Communications Officerno datano datano data
Chip Jorstad
Chief Credit Officerno datano data0.079%
$ 2.0m
Michael Daley
Chief Strategy Officerless than a yearno datano data
1.4yrs
Average Tenure
49yo
Average Age

Experienced Management: BUSE's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman19yrsUS$4.03m0.67%
$ 17.1m
Kevin Rauckman
Independent Director1.6yrsUS$128.29k0.052%
$ 1.3m
Stephen King
Independent Director13.6yrsUS$146.75k0.22%
$ 5.7m
Steven Caple
Independent Director1.6yrsUS$126.41k0.0061%
$ 155.8k
Rodney Brenneman
Lead Independent Director14.6yrsUS$148.91k0.20%
$ 5.1m
Jennifer Grigsby
Independent Director1.6yrsUS$128.29k0.053%
$ 1.4m
Frederic Kenney
Independent Director8.3yrsUS$163.37k0.20%
$ 5.2m
Karen Jensen
Independent Director6.9yrsUS$135.75k0.079%
$ 2.0m
Scott Wehrli
Independent Director1.4yrsUS$121.44k0.081%
$ 2.1m
Michael Cassens
Independent Director7.6yrsUS$150.87k0.16%
$ 4.1m
Tiffany White
Independent Director1.4yrsUS$125.96k0%
$ 0
6.9yrs
Average Tenure
61yo
Average Age

Experienced Board: BUSE's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/12 22:09
End of Day Share Price 2026/08/12 00:00
Earnings2026/06/30
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 12 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
Stephen MossB. Riley Securities, Inc.
Jeffrey RulisD.A. Davidson & Co.
null nullD.A. Davidson & Co.