This page shows First Busey (BUSE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
First Busey's revenue surged 55.7% year-over-year to $719.6M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
First Busey carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
First Busey converts 24.0% of revenue into free cash flow ($173.0M). This strong cash generation earns a score of 85/100.
First Busey generates a 5.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 23/100. This is down from 8.2% the prior year.
First Busey passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, First Busey generates $1.42 in operating cash flow ($192.6M OCF vs $135.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
First Busey generated $719.6M in revenue in fiscal year 2025. This represents an increase of 55.7% from the prior year.
First Busey reported $135.3M in net income in fiscal year 2025. This represents an increase of 19.0% from the prior year.
Cash & Balance Sheet
First Busey generated $173.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 0.6% from the prior year.
First Busey held $294.1M in cash against $113.8M in long-term debt as of fiscal year 2025.
First Busey paid $1.00 per share in dividends in fiscal year 2025. This represents an increase of 4.2% from the prior year.
First Busey had 88M shares outstanding in fiscal year 2025. This represents an increase of 54.0% from the prior year.
Margins & Returns
First Busey's net profit margin was 18.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.8 percentage points from the prior year.
First Busey's ROE was 5.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.7 percentage points from the prior year.
Capital Allocation
First Busey spent $69.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
First Busey invested $19.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 205.1% from the prior year.
BUSE Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $200.2M+2.0% | $196.3M-0.9% | $198.0M+58.5% | $125.0M+7.0% | $116.8M-1.4% | $118.5M+1.9% | $116.2M+4.9% | $110.8M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $77.5M-13.2% | $89.4M-5.2% | $94.3M+49.4% | $63.1M+26.8% | $49.7M-4.3% | $52.0M+5.2% | $49.4M-1.1% | $50.0M |
| Income Tax | $16.7M-17.1% | $20.2M+18.1% | $17.1M+738.6% | -$2.7M-128.9% | $9.3M-12.4% | $10.6M-4.6% | $11.1M+26.7% | $8.7M |
| Net Income | $60.8M+6.4% | $57.1M+20.4% | $47.4M+258.1% | -$30.0M-206.7% | $28.1M-12.2% | $32.0M+17.0% | $27.4M+4.3% | $26.2M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BUSE Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.1B-0.5% | $18.2B-3.9% | $18.9B-2.8% | $19.5B+61.6% | $12.0B+0.5% | $12.0B+0.1% | $12.0B+0.7% | $11.9B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $294.1M-23.7% | $385.5M-48.8% | $752.4M-37.3% | $1.2B+72.0% | $697.7M+26.0% | $553.7M+94.1% | $285.3M-51.7% | $591.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $383.3M0.0% | $383.3M+0.4% | $381.8M-0.9% | $385.1M+15.4% | $333.7M+0.1% | $333.5M+0.1% | $333.3M+4.8% | $317.9M |
| Total Liabilities | $15.6B-0.7% | $15.7B-4.6% | $16.5B-4.5% | $17.3B+62.1% | $10.7B+0.8% | $10.6B-0.5% | $10.6B+0.3% | $10.6B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $113.8M+23.1% | $92.4M | N/A | N/A | $0 | N/A | N/A | N/A |
| Total Equity | $2.5B+0.8% | $2.4B+1.5% | $2.4B+10.7% | $2.2B+57.6% | $1.4B-1.4% | $1.4B+5.2% | $1.3B+4.0% | $1.3B |
| Retained Earnings | $336.7M+11.1% | $303.1M+10.7% | $273.8M+9.7% | $249.5M-15.2% | $294.1M+5.1% | $279.9M+6.9% | $261.8M+5.4% | $248.4M |
BUSE Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $72.2M+15.5% | $62.5M+26.2% | $49.5M+491.0% | $8.4M-84.0% | $52.3M-13.0% | $60.1M+111.2% | $28.5M-23.8% | $37.4M |
| Capital Expenditures | $6.4M-19.6% | $8.0M+137.1% | $3.4M+87.9% | $1.8M-6.7% | $1.9M+94.9% | $988K-54.1% | $2.2M+57.6% | $1.4M |
| Free Cash Flow | $65.8M+20.7% | $54.5M+18.1% | $46.1M+601.1% | $6.6M-86.9% | $50.4M-14.8% | $59.1M+124.7% | $26.3M-26.8% | $36.0M |
| Investing Cash Flow | $18.5M-94.8% | $356.7M+218.0% | $112.2M-81.6% | $610.2M+1465.3% | $39.0M-85.5% | $268.0M+162.8% | $102.0M-59.0% | $249.0M |
| Financing Cash Flow | -$182.1M+76.8% | -$786.1M-28.9% | -$609.6M-425.7% | -$116.0M-320.2% | $52.7M+188.2% | -$59.7M+86.3% | -$436.2M-5.2% | -$414.8M |
| Dividends Paid | $26.7M-2.6% | $27.4M+21.4% | $22.6M+58.9% | $14.2M+4.2% | $13.6M0.0% | $13.6M+0.2% | $13.6M+2.7% | $13.3M |
| Share Buybacks | $29.8M+120.1% | $13.5M-37.4% | $21.7M+347.8% | $4.8M | $0 | $0 | $0 | $0 |
BUSE Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 30.3%+1.3pp | 29.1%+5.1pp | 23.9%+47.9pp | -24.0%-48.1pp | 24.1%-2.9pp | 27.0%+3.5pp | 23.5%-0.1pp | 23.7% |
| Return on Equity | 2.5%+0.1pp | 2.3%+0.4pp | 2.0%+3.3pp | -1.4%-3.4pp | 2.0%-0.3pp | 2.3%+0.2pp | 2.1%0.0pp | 2.0% |
| Return on Assets | 0.3%+0.0pp | 0.3%+0.1pp | 0.3%+0.4pp | -0.1%-0.4pp | 0.2%-0.0pp | 0.3%+0.0pp | 0.2%0.0pp | 0.2% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.050.0 | 0.04-6.8 | 6.84-1.1 | 7.93+7.9 | 0.00-7.5 | 7.54-0.4 | 7.98-0.3 | 8.27 |
| FCF Margin | 32.8%+5.1pp | 27.8%+4.5pp | 23.3%+18.0pp | 5.3%-37.9pp | 43.1%-6.8pp | 49.9%+27.3pp | 22.7%-9.8pp | 32.5% |
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Frequently Asked Questions
What is First Busey's annual revenue?
First Busey (BUSE) reported $719.6M in total revenue for fiscal year 2025. This represents a 55.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is First Busey's revenue growing?
First Busey (BUSE) revenue grew by 55.7% year-over-year, from $462.3M to $719.6M in fiscal year 2025.
Is First Busey profitable?
Yes, First Busey (BUSE) reported a net income of $135.3M in fiscal year 2025, with a net profit margin of 18.8%.
How much debt does First Busey have?
As of fiscal year 2025, First Busey (BUSE) had $294.1M in cash and equivalents against $113.8M in long-term debt.
What is First Busey's net profit margin?
First Busey (BUSE) had a net profit margin of 18.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does First Busey pay dividends?
Yes, First Busey (BUSE) paid $1.00 per share in dividends during fiscal year 2025.
What is First Busey's return on equity (ROE)?
First Busey (BUSE) has a return on equity of 5.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is First Busey's free cash flow?
First Busey (BUSE) generated $173.0M in free cash flow during fiscal year 2025. This represents a 0.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is First Busey's operating cash flow?
First Busey (BUSE) generated $192.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are First Busey's total assets?
First Busey (BUSE) had $18.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are First Busey's capital expenditures?
First Busey (BUSE) invested $19.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is First Busey's debt-to-equity ratio?
First Busey (BUSE) had a debt-to-equity ratio of 0.05 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is First Busey's return on assets (ROA)?
First Busey (BUSE) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is First Busey's Piotroski F-Score?
First Busey (BUSE) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are First Busey's earnings high quality?
First Busey (BUSE) has an earnings quality ratio of 1.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is First Busey?
First Busey (BUSE) scores 77 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.