
First Busey (BUSE) Stock Forecast & Price Target
First Busey (BUSE) Analyst Ratings
Bulls say
First Busey Corporation's financial performance demonstrates a positive trajectory, highlighted by a 1.6% quarter-over-quarter increase in spread income, reaching $157.6 million, exceeding projected figures. The company's robust capital ratios, including a Common Equity Tier 1 (CET1) of 12.4% and a Tier 1 leverage ratio of 11.86%, indicate strong financial health and an ability to absorb potential losses. Additionally, the growth in both tangible book value and tangible common equity, alongside a notable increase in commercial and industrial utilization, underscores the company's effective balance sheet management and potential for continued organic growth.
Bears say
First Busey Corporation has experienced a decline in payment revenue from its FirsTech segment, dropping 4% quarter-over-quarter, and despite management's expectations for a rebound, the overall low utilization of the commercial and industrial (C&I) line at 49% raises concerns about future performance. Furthermore, the company reported a 4% decrease in certificates of deposit (CDs) along with sequential declines in non-CD interest-bearing deposits, indicating a tightening of liquidity and potential challenges in attracting deposits. Additionally, the forecasted reduced net interest income (NII) and an unfavorable efficiency ratio outlook for 2025 and 2026 suggest heightened operational challenges and a lack of growth momentum, contributing to the negative outlook on First Busey's stock.
This aggregate rating is based on analysts' research of First Busey and is not a guaranteed prediction by Public.com or investment advice.
First Busey (BUSE) Analyst Forecast & Price Prediction
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