Stocks BUSE Financial statements
Financial statementsFIRST BUSEY CORP /NV/ financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data FIRST BUSEY CORP /NV/ files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 450 | 442 | 462 | 720 | ||||||
| Interest expense | 10.2 | 20.9 | 44.6 | 69 | 43.7 | 28.1 | 36.5 | 160 | ||
| Interest income | 1.44 | 2.49 | 6.32 | 1.72 | 1.15 | 3.1 | 10.5 | 22.4 | 24.6 | |
| Pre-tax income | 76.4 | 108 | 134 | 134 | 128 | 157 | 162 | 154 | 153 | 187 |
| Income tax | 26.7 | 45.4 | 35 | 31.5 | 27.9 | 33.4 | 33.4 | 31.3 | 39.6 | 51.4 |
| Net income | 49.7 | 62.7 | 98.9 | 103 | 100 | 123 | 128 | 123 | 114 | 135 |
| EPS, basic | 1.42 | 1.47 | 2.02 | 1.88 | 1.84 | 2.23 | 2.32 | 2.21 | 2.01 | 1.49 |
| EPS, diluted | 1.40 | 1.45 | 2.01 | 1.87 | 1.83 | 2.20 | 2.29 | 2.18 | 1.98 | 1.47 |
| Shares, basic (weighted) | 35.1 | 42.7 | 48.9 | 54.9 | 54.6 | 55.4 | 55.4 | 55.4 | 56.6 | 84 |
| Shares, diluted (weighted) | 35.4 | 43.1 | 49.2 | 55.1 | 54.8 | 56 | 56.1 | 56.3 | 57.5 | 85.1 |
| Dividend per share | 0.68 | 0.72 | 0.80 | 0.84 | 0.88 | 0.92 | 0.92 | 0.96 | 0.96 | 1.00 |
Balance sheet
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 167 | 353 | 240 | 529 | 689 | 836 | 227 | 720 | 698 | 280 |
| Property, plant and equipment | 77.9 | 117 | 118 | 151 | 135 | 136 | 127 | 123 | 119 | 193 |
| Lease right-of-use assets | 9.49 | 7.71 | 10.5 | 12.8 | 11 | 10.6 | 30.2 | |||
| Goodwill | 103 | 269 | 268 | 312 | 312 | 318 | 318 | 318 | 334 | 383 |
| Intangible assets | 18.5 | 38.7 | 32.9 | 61.6 | 52 | 58.1 | 46.4 | 36 | 32.3 | 97.4 |
| Total assets | 5,425 | 7,861 | 7,702 | 9,696 | 10,544 | 12,860 | 12,337 | 12,283 | 12,047 | 18,105 |
| Short-term debt | 75 | 220 | 6 | 4.66 | 17.7 | 351 | 12 | 0 | 0 | |
| Long-term debt | 0 | 114 | ||||||||
| Total liabilities | 4,831 | 6,926 | 6,707 | 8,475 | 9,274 | 11,541 | 11,191 | 11,011 | 10,663 | 15,636 |
| Total debt | 80 | 50 | 50 | 0 | 114 | |||||
| Paid-in capital | 782 | 1,085 | 1,080 | 1,248 | 1,253 | 1,317 | 1,321 | 1,324 | 1,361 | 2,376 |
| Retained earnings | -164 | -132 | -72.2 | -14.8 | 20.8 | 92.5 | 169 | 237 | 294 | 337 |
| Treasury stock | -23.8 | -15 | -6.19 | -28 | -37.5 | -66.6 | -70.6 | -70.1 | -64.3 | -119 |
| Other comprehensive income | 0.04 | -2.81 | -6.81 | 15 | 33.3 | -23.8 | -273 | -219 | -207 | -124 |
| Shareholders' equity | 594 | 935 | 995 | 1,220 | 1,270 | 1,319 | 1,146 | 1,272 | 1,383 | 2,469 |
| Total equity | 594 | 935 | 995 | 1,220 | 1,270 | 1,319 | 1,146 | 1,272 | 1,383 | 2,469 |
| Total liabilities and equity | 5,425 | 7,861 | 7,702 | 9,696 | 10,544 | 12,860 | 12,337 | 12,283 | 12,047 | 18,105 |
| Shares outstanding | 38.2 | 48.7 | 48.9 | 54.8 | 54.4 | 55.4 | 55.3 | 55.2 | 56.9 | 87.6 |
Cash flow statement
| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 49.7 | 62.7 | 98.9 | 103 | 100 | 123 | 128 | 123 | 114 | 135 |
| Depreciation and amortization | 7.3 | 8.62 | 9.56 | 11.9 | 12.3 | 11.6 | 10.5 | 9.49 | 9.5 | 12.9 |
| Stock-based compensation | 1.8 | 2.75 | 3.72 | 4 | 7.14 | 7.86 | 8.97 | 6.6 | 7.73 | 17.1 |
| Deferred income tax | 10.5 | 14.1 | ||||||||
| Cash from operations | -20.9 | 253 | 203 | 88.3 | 163 | 162 | 166 | 173 | 178 | 193 |
| Capital expenditures | -8.99 | -15 | -11.6 | -13.2 | -4.2 | -5.04 | -4.99 | -9.53 | -6.43 | -19.6 |
| Acquisitions | 27 | -61.5 | 0 | 228 | 0 | 0 | 18.4 | 386 | ||
| Purchases of investments | -180 | -142 | -124 | -409 | -1,282 | -2,298 | -280 | -10.4 | -183 | -546 |
| Sales and maturities of investments | 241 | 193 | 164 | 542 | 666 | 868 | 470 | 326 | 371 | 465 |
| Cash from investing | 150 | -294 | -55.4 | 57.4 | -730 | -829 | -291 | 551 | 658 | 1,098 |
| Debt issued | 39.3 | |||||||||
| Debt repaid | -4.91 | -30 | ||||||||
| Stock issued | 0 | 0.91 | 0.39 | 0.17 | 0.1 | 0 | 0 | |||
| Share buybacks | -24.3 | -12.3 | -33 | -9.91 | -4.48 | 0 | -69.9 | |||
| Dividends paid | -22.7 | -30.7 | -39 | -45.2 | -48 | -50.8 | -50.9 | -53.1 | -54.2 | -91 |
| Cash from financing | -281 | 227 | -260 | 144 | 726 | 815 | -484 | -232 | -858 | -1,694 |
| Net change in cash | -153 | 187 | -113 | 289 | 159 | 148 | -609 | 492 | -21.9 | -404 |
| Free cash flow | -29.9 | 238 | 191 | 75.1 | 159 | 157 | 161 | 164 | 172 | 173 |
| Interest paid | 9.67 | 19.3 | 40.6 | 70.6 | 53.6 | 25.4 | 35.3 | 135 | 208 | 320 |
| Income taxes paid | 20.2 | 26.4 | 23.2 | 24.7 | 22.2 | 22.5 | 30.7 | 25.4 | 12.9 | 20.9 |
Key metrics
Profitability
| Metric | Value | How it is calculated |
|---|---|---|
| Pre-tax margin | 38.0% | Pre-tax income / revenue. |
| Net margin | 29.3% | Net income / revenue. |
| FCF margin | 26.4% | Free cash flow (cash from operations - capital expenditures) / revenue. |
| Operating cash flow margin | 28.8% | Cash from operations / revenue. |
| Effective tax rate | 23.1% | Income tax / pre-tax income, when pre-tax income is positive. |
| Return on equity (ROE) | 9.7% | Net income / average shareholders' equity (opening and closing). Not shown when equity is negative. |
| Return on assets (ROA) | 1.3% | Net income / average total assets. |
| Stock-based pay / revenue | 1.9% | Stock-based compensation (from the cash flow statement) / revenue. |
| Capex / revenue | 2.4% | Capital expenditures / revenue. |
| D&A / revenue | 1.8% | Depreciation and amortization / revenue. |
Growth
| Metric | Value | How it is calculated |
|---|---|---|
| Revenue growth, 1y | 55.7% | Revenue vs the same period a year earlier. Only from a positive base. |
| Revenue CAGR, 3y | 16.9% | Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Net income growth, 1y | 19.0% | Net income vs the same period a year earlier. Only from a positive base. |
| Net income CAGR, 3y | 1.8% | Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Net income CAGR, 5y | 6.2% | Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| EPS growth, 1y | -25.8% | EPS vs the same period a year earlier. Only from a positive base. |
| EPS CAGR, 3y | -13.7% | Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| EPS CAGR, 5y | -4.3% | Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Operating cash flow growth, 1y | 8.0% | Operating cash flow vs the same period a year earlier. Only from a positive base. |
| Operating cash flow CAGR, 3y | 5.1% | Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow CAGR, 5y | 3.4% | Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Free cash flow growth, 1y | 0.6% | Free cash flow vs the same period a year earlier. Only from a positive base. |
| Free cash flow CAGR, 3y | 2.5% | Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Free cash flow CAGR, 5y | 1.7% | Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Dividend per share growth, 1y | 4.2% | Dividend per share vs the same period a year earlier. Only from a positive base. |
| Dividend per share CAGR, 3y | 2.8% | Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Dividend per share CAGR, 5y | 2.6% | Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Book value growth, 1y | 78.5% | Book value vs the same period a year earlier. Only from a positive base. |
| Book value CAGR, 3y | 29.2% | Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Book value CAGR, 5y | 14.2% | Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Total assets growth, 1y | 50.3% | Total assets vs the same period a year earlier. Only from a positive base. |
| Total assets CAGR, 3y | 13.6% | Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Total assets CAGR, 5y | 11.4% | Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Share count change, 1y | 47.9% | Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution. |
| Share count change per year, 3y | 14.9% | Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution. |
| Share count change per year, 5y | 9.2% | Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution. |
Balance sheet health
| Metric | Value | How it is calculated |
|---|---|---|
| Debt / equity | 0.04x | Total debt / shareholders' equity. Not shown when equity is negative. |
| Debt / assets | 0.5% | Total debt / total assets. |
| Liabilities / assets | 86.9% | Total liabilities / total assets. |
| Net debt | -$570.0M | Total debt - cash - short-term investments. Negative means more cash than debt. |
| Goodwill and intangibles / assets | 2.6% | (Goodwill + intangible assets) / total assets. |
| Tangible book value | $1.91B | Shareholders' equity - goodwill - intangible assets. |
Efficiency
| Metric | Value | How it is calculated |
|---|---|---|
| Asset turnover | 0.04x | Revenue / average total assets. |
| Fixed asset turnover | 4.11x | Revenue / average property, plant and equipment. |
| FCF conversion | 90.3% | Free cash flow / net income, when net income is positive. |
| Capex / operating cash flow | 8.4% | Capital expenditures / cash from operations, when that is positive. |
Per share
| Metric | Value | How it is calculated |
|---|---|---|
| EPS, diluted | $2.71 | Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS. |
| Revenue per share | $9.25 | Revenue / diluted weighted shares. |
| FCF per share | $2.44 | Free cash flow / diluted weighted shares. |
| Operating cash flow per share | $2.67 | Cash from operations / diluted weighted shares. |
| Book value per share | $28.65 | Shareholders' equity / shares outstanding (diluted weighted shares when not reported). |
| Tangible book per share | $22.98 | Tangible book value / shares outstanding. |
| Cash per share | $8.00 | (Cash + short-term investments) / shares outstanding. |
| Payout ratio | 46.8% | Dividends paid / net income, when net income is positive. |
| Dividends / FCF | 51.8% | Dividends paid / free cash flow, when free cash flow is positive. |
| Buybacks / FCF | 83.1% | Share buybacks / free cash flow, when free cash flow is positive. |
Valuation
| Metric | Value | How it is calculated |
|---|---|---|
| Market cap | $2.48B | Share price x shares outstanding. |
| Enterprise value | $1.91B | Market cap + total debt - cash - short-term investments. |
| P/E | 10.8x | Market cap / net income. Only when net income is positive. |
| P/S | 3.15x | Market cap / revenue. |
| P/B | 1.04x | Market cap / shareholders' equity. Only when equity is positive. |
| Price / tangible book | 1.30x | Market cap / tangible book value, when positive. |
| P/FCF | 11.9x | Market cap / free cash flow. Only when free cash flow is positive. |
| P/OCF | 10.9x | Market cap / cash from operations, when positive. |
| EV/Sales | 2.43x | Enterprise value / revenue. |
| EV/FCF | 9.18x | Enterprise value / free cash flow, when both are positive. |
| FCF yield | 8.4% | Free cash flow / market cap. |
| Earnings yield | 9.3% | Net income / market cap (the inverse of P/E). |
| Dividend yield | 4.3% | Dividends paid over the period / market cap. |
| Shareholder yield | 11.3% | (Dividends paid + share buybacks) / market cap. |
What was FIRST BUSEY CORP /NV/'s revenue in fiscal 2025?
FIRST BUSEY CORP /NV/ reported revenue of $719.6M for fiscal 2025, 55.7% higher than the year before.
Was FIRST BUSEY CORP /NV/ profitable in fiscal 2025?
Yes. Net income was $135.3M, a net margin of 18.8%.
How much free cash flow did FIRST BUSEY CORP /NV/ generate in fiscal 2025?
Cash from operations of $192.6M minus capital expenditures of $19.6M left free cash flow of $173.0M.