First Busey Corporation

BUSE

US3193832041

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
22.8 ^USD	-1.26%		-0.04%	-8.14%

Apr. 23	First Busey Q1 Adjusted Earnings, Revenue Fall	MT
Apr. 23	Earnings Flash (BUSE) FIRST BUSEY CORPORATION Posts Q1 EPS $0.47, vs. Street Est of $0.49	MT

ABA-First Busey to buy M&M Bank in Illinois

November 29, 2023 at 04:26 am EST

First Busey to buy M&M Bank in Illinois.

The $2.3 billion-asset First Busey in Champaign, Illinois, said in a press release that it will pay $41.6 million in cash and stock for the $417 million-asset Merchants and Manufacturers Bank in Oakbrook Terrace, Illinois. The deal is expected to close in the second quarter.

M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.

Latest news about First Busey Corporation

First Busey Q1 Adjusted Earnings, Revenue Fall	Apr. 23	MT
Earnings Flash (BUSE) FIRST BUSEY CORPORATION Posts Q1 EPS $0.47, vs. Street Est of $0.49	Apr. 23	MT
First Busey Corporation Reports Net Charge-Offs for the First Quarter ended March 31, 2024	Apr. 23	CI
First Busey Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 23	CI
First Busey Corporation Declares Quarterly Cash Dividend, Payable on April 26, 2024	Apr. 09	CI
First Busey Closes Acquisition of Merchants and Manufacturers Bank	Apr. 01	MT
First Busey Corporation completed the acquisition of Merchants and Manufacturers Bank Corporation (M&M)	Mar. 31	CI
Sector Update: Financial Stocks Lower Friday Afternoon	Mar. 22	MT
First Busey Gets Shareholder, Regulatory Approvals For Merchants and Manufacturers Bank Merger	Mar. 22	MT
First Busey Q4 Adjusted Earnings, Revenue Decline	Jan. 23	MT
Earnings Flash (BUSE) FIRST BUSEY CORPORATION Reports Q4 EPS $0.52, vs. Street Est of $0.50	Jan. 23	MT
Tranche Update on First Busey Corporation's Equity Buyback Plan announced on February 5, 2015.	Jan. 23	CI
First Busey Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 23	CI
First Busey Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 23	CI
North American Morning Briefing : Stock Futures Steady as Earnings Season Ramps Up	Jan. 23	DJ
First Busey Corporation Declares Quarterly Cash Dividend, Payable on January 26, 2024	Jan. 09	CI
Raymond James Adjusts Price Target on First Busey to $27 From $24, Maintains Outperform Rating	Dec. 12	MT
DA Davidson Raises First Busey Price Target to $24 From $20, Maintains Neutral Rating	Dec. 05	MT
Keefe, Bruyette & Woods Adjusts Price Target on First Busey to $25 From $24, Maintains Outperform Rating	Nov. 29	MT
Piper Sandler Adjusts Price Target on First Busey to $23 From $21, Maintains Overweight Rating	Nov. 28	MT
First Busey to Acquire Merchants and Manufacturers Bank	Nov. 27	MT
First Busey Corporation entered into an agreement and plan of merger to acquire Merchants and Manufacturers Bank Corporation from group of shareholders for $45.3 million.	Nov. 26	CI
First Busey Q3 Adjusted Earnings, Revenue Down	23-10-24	MT
Earnings Flash (BUSE) FIRST BUSEY CORPORATION Posts Q3 EPS $0.55, vs. Street Est of $0.51	23-10-24	MT
Earnings Flash (BUSE) FIRST BUSEY CORPORATION Posts Q3 Revenue $109.1M	23-10-24	MT

Chart First Busey Corporation

Duration

Period

More charts

Company Profile

First Busey Corporation is a bank holding company, which operates through its subsidiary, Busey Bank. The Companyâs segment includes Banking, which provides a full range of banking services to individual and corporate customers through its banking center network in Illinois; the St. Louis, Missouri metropolitan area; southwest Florida; and Indianapolis, Indiana; FirsTech segment, which provides comprehensive payment technology solutions, including online, mobile and voice-recognition bill payments; money management and credit card networks; direct debit services; lockbox remittance processing for payments made by mail; and walk-in payments. The segment also provides additional tools to help clients with billing, reconciliation, bill reminders, and treasury services, and Wealth Management segment provides a full range of asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation and farm management services to individuals, businesses, and foundations.

Sector

Banks

Calendar

2024-05-22 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for First Busey Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

22.8 USD

Average target price

27.17 USD

Spread / Average Target

+19.15%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
FIRST BUSEY CORPORATION	-8.14%	1.29B
JPMORGAN CHASE & CO.	+13.75%	556B
BANK OF AMERICA CORPORATION	+12.36%	298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+9.95%	247B
WELLS FARGO & COMPANY	+21.72%	210B
BANK OF CHINA LIMITED	+18.46%	170B
CHINA CONSTRUCTION BANK CORPORATION	+8.39%	162B
HSBC HOLDINGS PLC	+4.42%	153B
ROYAL BANK OF CANADA	+0.10%	139B
HDFC BANK LIMITED	-11.67%	138B

Other Banks

First Busey Corporation

Equities

BUSE

US3193832041

Banks

ABA-First Busey to buy M&M Bank in Illinois

EPS Revisions