First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, Remittance Processing, and Wealth Management. It offers customary types of demand and savings deposits; and commercial, agricultural, real estate construction, commercial and residential real estate, and consumer loans, as well as home equity lines of credit. The company also provides money transfer, safe deposit, IRA, and other fiduciary services through banking center, ATM and technology-based networks. In addition, it offers investment management, trust, estate advisory, and financial planning services, as well as business succession and employee retirement planning services; investment strategy consulting and fiduciary services; and security brokerage services. Further, the company provides asset and investment management; professional farm management; and commercial depository services, such as cash management services. Additionally, it offers payment processing solutions, such as walk-in payment processing for payments delivered by customers to retail pay agents; online bill payment solutions for payments made by customers on a billing company's website; customer service payments for payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered by the automated clearing house network; money management software and credit card networks; and lockbox remittance processing of payments delivered by mail. The company has 53 banking centers in Illinois; 10 in Missouri; 4 in southwest Florida; and 1 in Indianapolis, Indiana. The company was founded in 1868 and is headquartered in Champaign, Illinois.
IPO Year:
Exchange: NASDAQ
Website: busey.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/14/2024 | Overweight → Equal-Weight | Stephens | |
1/31/2022 | $31.00 | Market Perform → Outperform | Raymond James |
12/3/2021 | $27.00 → $28.00 | Neutral | B. Riley Securities |
Stephens downgraded First Busey Corp from Overweight to Equal-Weight
Raymond James upgraded First Busey from Market Perform to Outperform and set a new price target of $31.00
B. Riley Securities reiterated coverage of First Busey with a rating of Neutral and set a new price target of $28.00 from $27.00 previously
Raymond James resumed coverage of First Busey with a rating of Hold
CERT - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
8-A12B - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
8-K - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
8-K - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
424B5 - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
8-K - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
FWP - FIRST BUSEY CORP /NV/ (0000314489) (Subject)
FWP - FIRST BUSEY CORP /NV/ (0000314489) (Subject)
424B5 - FIRST BUSEY CORP /NV/ (0000314489) (Filer)
10-Q - FIRST BUSEY CORP /NV/ (0000314489) (Filer)