First Busey Corporation (BUSEP) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BUSEP SEC filings page.
First Busey Corporation (BUSEP) reported $786.7M in revenue over the twelve months to Sep 30, 2026, up 23.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
The 2025 expansion enlarged the balance sheet faster than earnings, while higher funding costs and reinvestment absorbed much of the growth.
Scale did not translate proportionally into profit or free cash flow: revenue increased55.7% in FY2025, but net income rose only19.0% and free cash flow barely changed, increasing0.6% . At the same time, interest expense increased61.3% , helping explain why net profit margin fell5.8 percentage points to18.8% .
The balance sheet grew alongside the business, with assets increasing
Cash generation remained stronger than reported earnings: operating cash flow was
Financial Health Signals
We do not publish a peer-relative financial health score for First Busey Corporation, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
First Busey Corporation passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, First Busey Corporation 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 Corporation generated $193.5M in revenue in Q3 2026. This represents a decrease of 1.4% from the same quarter a year earlier. Against the prior quarter it is down 1.6%.
First Busey Corporation reported $55.8M in net income in Q3 2026. This represents a decrease of 2.2% from the same quarter a year earlier. Against the prior quarter it is down 11.6%.
First Busey Corporation earned $0.61 per diluted share (EPS) in Q3 2026. This represents an increase of 5.2% from the same quarter a year earlier. Against the prior quarter it is down 11.6%.
Not reported for Q3 2026.
Cash & Balance Sheet
First Busey Corporation generated $69.3M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 27.3% from the same quarter a year earlier. Against the prior quarter it is up 76.8%.
First Busey Corporation held $883.1M in cash against $98.2M in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
First Busey Corporation's net profit margin was 28.8% in Q3 2026, showing the share of revenue converted to profit. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.3 percentage points.
First Busey Corporation's quarterly ROE was 2.5% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.
Not reported for Q3 2026.
Not reported for Q3 2026.
Capital Allocation
First Busey Corporation spent $60.2M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 344.2% from the same quarter a year earlier. Against the prior quarter it is down 5.6%.
First Busey Corporation invested $1.9M in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 76.7% from the same quarter a year earlier. Against the prior quarter it is down 18.0%.
Not reported for Q3 2026.
BUSEP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $193.5M-1.4% | $196.7M-0.7% | $196.2M+57.0% | $200.2M+71.4% | $196.3M+65.7% | $198.0M+70.4% | $125.0M+12.8% | $116.8M+11.2% |
| Interest Expense | $79.4M-11.1% | $72.0M-23.6% | $71.5M+13.4% | $77.5M+55.9% | $89.4M+72.0% | $94.3M+90.8% | $63.1M+26.3% | $49.7M-3.5% |
| Income Tax | $16.7M-17.5% | $18.7M+9.4% | $13.7Mn/m | $16.7M+80.9% | $20.2M+91.3% | $17.1M+54.6% | -$2.7M-130.7% | $9.3M+23.9% |
| Net Income | $55.8M-2.2% | $63.2M+33.3% | $50.0Mn/m | $60.8M+116.2% | $57.1M+78.4% | $47.4M+73.3% | -$30.0M-214.4% | $28.1M+9.1% |
| EPS (Basic) | $0.62+6.9% | $0.69+30.2% | $0.52n/m | $0.65 | $0.58 | $0.53 | -$0.44-193.6% | $0.49+6.5% |
| EPS (Diluted) | $0.61+5.2% | $0.69+32.7% | $0.52n/m | $0.64 | $0.58 | $0.52 | -$0.44-195.7% | $0.49+6.5% |
| Diluted Shares (Avg) | 84M-7.2% | 85M-6.0% | 88M+28.2% | N/A | 90M | 91M | 69M+21.5% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
BUSEP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.6B+2.0% | $18.2B-3.8% | $18.0B-7.3% | $18.1B+50.3% | $18.2B+51.7% | $18.9B+58.0% | $19.5B+63.7% | $12.0B-1.9% |
| Cash & Equivalents | $883.1M+129.1% | $665.4M-11.6% | $288.5M-76.0% | $280.2M-59.8% | $385.5M-30.4% | $752.4M+163.7% | $1.2B+103.1% | $697.7M-3.0% |
| Goodwill | $382.4M-0.3% | $382.4M+0.1% | $382.4M-0.7% | $383.3M+14.9% | $383.3M+14.9% | $381.8M+14.6% | $385.1M+21.2% | $333.7M+5.0% |
| Total Liabilities | $16.3B+3.6% | $15.8B-4.2% | $15.6B-9.6% | $15.6B+46.6% | $15.7B+48.7% | $16.5B+55.2% | $17.3B+63.0% | $10.7B-3.2% |
| Long-Term Debt | $98.2M+6.2% | $95.3M | $123.5M | $113.8Mn/m | $92.4M | N/A | N/A | $0 |
| Total Equity | $2.3B-7.9% | $2.4B-1.2% | $2.4B+10.7% | $2.5B+78.5% | $2.4B+74.6% | $2.4B+80.9% | $2.2B+69.9% | $1.4B+8.7% |
| Retained Earnings | $424.9M+40.2% | $395.4M+44.4% | $359.2M+44.0% | $336.7M+14.5% | $303.1M+8.3% | $273.8M+4.6% | $249.5M+0.4% | $294.1M+24.0% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities.
BUSEP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $71.2M+13.9% | $41.5M-16.2% | $51.5M+514.8% | $72.2M+38.0% | $62.5M+3.9% | $49.5M+73.9% | $8.4M-77.6% | $52.3M+13.6% |
| Depreciation & Amortization | $3.6M+4.0% | $3.6M+3.5% | $3.6M+35.1% | $3.4M+47.6% | $3.4M+46.7% | $3.4M+38.8% | $2.6M+11.4% | $2.3M-4.9% |
| Stock-Based Compensation | $4.0M-7.0% | $2.6M-52.8% | $4.1M+21.9% | N/A | $4.3M+87.6% | $5.4M+379.1% | $3.4M+41.2% | N/A |
| Capital Expenditures | $1.9M-76.7% | $2.3M-32.6% | $2.5M+36.8% | $6.4M+234.3% | $8.0M+710.3% | $3.4M+57.0% | $1.8M+31.6% | $1.9M-30.8% |
| Free Cash Flow | $69.3M+27.3% | $39.2M-15.0% | $49.1M+645.3% | $65.8M+30.5% | $54.5M-7.9% | $46.1M+75.3% | $6.6M-81.7% | $50.4M+16.4% |
| Investing Cash Flow | -$203.1M-156.8% | $230.2M+104.7% | $55.2M-91.0% | $16.8M-56.9% | $357.5M+33.4% | $112.5M+10.3% | $610.8M+145.3% | $39.0M-90.0% |
| Financing Cash Flow | $349.6Mn/m | $105.3Mn/m | -$98.5Mn/m | -$182.1M-445.7% | -$786.1Mn/m | -$609.6Mn/m | -$116.0Mn/m | $52.7Mn/m |
| Dividends Paid | $26.1M-4.9% | $26.7M+18.0% | $27.2M+91.2% | $26.7M+95.8% | $27.4M+101.1% | $22.6M+66.0% | $14.2M+7.3% | $13.6M+2.9% |
| Share Buybacks | $60.2M+344.2% | $63.8M+194.4% | $66.1M+1267.8% | $29.8Mn/m | $13.5Mn/m | $21.7Mn/m | $4.8Mn/m | $0-100.0% |
BUSEP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 28.8%-0.2pp | 32.1%+8.2pp | 25.5%+49.5pp | 30.3%+6.3pp | 29.1%+2.1pp | 23.9%+0.4pp | -24.0%-47.7pp | 24.1%-0.5pp |
| Return on Equity | 2.5%+0.1pp | 2.6%+0.7pp | 2.1%+3.5pp | 2.5%+0.4pp | 2.3%+0.1pp | 2.0%-0.1pp | -1.4%-3.4pp | 2.0%0.0pp |
| Return on Assets | 0.3%0.0pp | 0.4%+0.1pp | 0.3%+0.4pp | 0.3%+0.1pp | 0.3%0.0pp | 0.3%0.0pp | -0.1%-0.4pp | 0.2%0.0pp |
| Debt-to-Equity | 0.040.0x | 0.04 | 0.05 | 0.050.0x | 0.04 | N/A | N/A | 0.00 |
| Liabilities-to-Equity | 7.23+0.8x | 6.63-0.2x | 6.47-1.5x | 6.33-1.4x | 6.43-1.1x | 6.84-1.1x | 7.93-0.3x | 7.71-0.9x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 35.8%+8.1pp | 19.9%-3.4pp | 25.0%+19.7pp | 32.8%-10.3pp | 27.8%-22.2pp | 23.3%+0.7pp | 5.3%-27.2pp | 43.1%+1.9pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Where First Busey Corporation Ranks
Frequently Asked Questions
First Busey Corporation (BUSEP) 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.
First Busey Corporation (BUSEP) revenue grew by 55.7% year-over-year, from $462.3M to $719.6M in fiscal year 2025.
Yes, First Busey Corporation (BUSEP) reported a net income of $229.8M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $135.3M, with a net profit margin of 18.8%.
As of fiscal year 2025, First Busey Corporation (BUSEP) had $280.2M in cash and equivalents against $113.8M in long-term debt.
First Busey Corporation (BUSEP) had a net profit margin of 18.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, First Busey Corporation (BUSEP) paid $1.00 per share in dividends during fiscal year 2025.
First Busey Corporation (BUSEP) has a return on equity of 5.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
First Busey Corporation (BUSEP) 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.
First Busey Corporation (BUSEP) generated $192.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
First Busey Corporation (BUSEP) had $18.1B in total assets as of fiscal year 2025, including both current and long-term assets.
First Busey Corporation (BUSEP) invested $19.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
First Busey Corporation (BUSEP) had a debt-to-equity ratio of 0.05 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
First Busey Corporation (BUSEP) had a liabilities-to-equity ratio of 6.33 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
First Busey Corporation (BUSEP) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
First Busey Corporation (BUSEP) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
First Busey Corporation (BUSEP) 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.