What is DA Davidson’s Forecast for First Busey Q2 Earnings?

First Busey Co. (NASDAQ:BUSE) – Stock analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for First Busey in a research note issued to investors on Thursday, April 24th. DA Davidson analyst J. Rulis anticipates that the bank will post earnings per share of $0.65 for the quarter. DA Davidson has a “Neutral” rating and a $25.00 price target on the stock. The consensus estimate for First Busey’s current full-year earnings is $2.61 per share. DA Davidson also issued estimates for First Busey’s FY2026 earnings at $2.85 EPS.

First Busey (NASDAQ:BUSE) last released its earnings results on Tuesday, April 22nd. The bank reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. The firm had revenue of $140.72 million for the quarter, compared to analysts’ expectations of $140.15 million. First Busey had a net margin of 17.14% and a return on equity of 8.94%.

A number of other brokerages have also recently issued reports on BUSE. Raymond James lowered their target price on shares of First Busey from $29.00 to $27.00 and set an “outperform” rating on the stock in a report on Wednesday, April 2nd. Piper Sandler decreased their price target on First Busey from $32.00 to $28.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Stephens reaffirmed an “equal weight” rating and set a $26.00 target price on shares of First Busey in a report on Wednesday. Keefe, Bruyette & Woods restated an “outperform” rating and set a $33.00 price target (down from $34.00) on shares of First Busey in a research report on Thursday, January 30th. Finally, StockNews.com cut First Busey from a “hold” rating to a “sell” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.80.

First Busey Stock Performance

Shares of BUSE opened at $20.67 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $1.18 billion, a PE ratio of 10.49 and a beta of 0.75. First Busey has a 1 year low of $18.40 and a 1 year high of $28.97. The stock’s fifty day moving average price is $21.65 and its two-hundred day moving average price is $23.80.

First Busey Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 18th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.84%. The ex-dividend date was Thursday, April 17th. First Busey’s dividend payout ratio is presently 93.46%.

Insider Buying and Selling at First Busey

In related news, Director Stanley J. Bradshaw purchased 1,700 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were acquired at an average cost of $21.70 per share, with a total value of $36,890.00. Following the purchase, the director now directly owns 482,143 shares of the company’s stock, valued at approximately $10,462,503.10. This trade represents a 0.35 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 7.10% of the company’s stock.

Institutional Investors Weigh In On First Busey

Several institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of First Busey by 39.2% during the fourth quarter. JPMorgan Chase & Co. now owns 671,402 shares of the bank’s stock worth $15,825,000 after purchasing an additional 189,115 shares during the period. Swiss National Bank raised its holdings in shares of First Busey by 0.9% during the fourth quarter. Swiss National Bank now owns 111,799 shares of the bank’s stock valued at $2,635,000 after acquiring an additional 1,000 shares in the last quarter. Geode Capital Management LLC lifted its stake in First Busey by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,295,804 shares of the bank’s stock worth $33,723,000 after acquiring an additional 22,096 shares during the period. Franklin Resources Inc. increased its position in First Busey by 61.5% during the 3rd quarter. Franklin Resources Inc. now owns 41,550 shares of the bank’s stock valued at $1,035,000 after purchasing an additional 15,829 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new position in First Busey in the 4th quarter worth $1,294,000. Hedge funds and other institutional investors own 56.49% of the company’s stock.

First Busey Company Profile

First Busey Corporation operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. It operates through three segments: Banking, Wealth Management, and FirsTech.