First Busey (BUSE) financial statements
First Busey reported revenue of $720M in fiscal 2025, up 13.5% a year over 9 years.
Net income was $135M.
Free cash flow was $173M, and the company returned $91M in dividends and $70M in net buybacks.
The diluted share count rose 140% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from First Busey's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $230M | $288M | $331M | $404M | — | — | $450M | $442M | $462M | $720M |
| Interest expense | $10M | $21M | $45M | $69M | $44M | $28M | $37M | $160M | — | — |
| Pre-tax income | $76M | $108M | $134M | $134M | $128M | $157M | $162M | $154M | $153M | $187M |
| Income tax | $27M | $45M | $35M | $31M | $28M | $33M | $33M | $31M | $40M | $51M |
| Net income | $50M | $63M | $99M | $103M | $100M | $123M | $128M | $123M | $114M | $135M |
| Diluted shares | 35M | 43M | 49M | 55M | 55M | 56M | 56M | 56M | 58M | 85M |
| Net margin | 21.6% | 21.8% | 29.9% | 25.5% | — | — | 28.5% | 27.7% | 24.6% | 18.8% |
Balance sheet
Fiscal years, from First Busey's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $167M | $353M | $240M | $529M | $689M | $836M | $227M | $720M | $698M | $280M |
| Property, plant and equipment | $78M | $117M | $118M | $151M | $135M | $136M | $127M | $123M | $119M | $193M |
| Goodwill | $103M | $269M | $268M | $312M | $312M | $318M | $318M | $318M | $334M | $383M |
| Total assets | $5.4B | $7.9B | $7.7B | $9.7B | $10.5B | $12.9B | $12.3B | $12.3B | $12.0B | $18.1B |
| Long-term debt | — | — | — | — | — | — | — | — | $0 | $114M |
| Total liabilities | $4.8B | $6.9B | $6.7B | $8.5B | $9.3B | $11.5B | $11.2B | $11.0B | $10.7B | $15.6B |
| Shareholders' equity | $594M | $935M | $995M | $1.2B | $1.3B | $1.3B | $1.1B | $1.3B | $1.4B | $2.5B |
| Net debt | -$167M | -$353M | -$240M | -$523M | -$689M | -$836M | -$227M | -$720M | -$698M | -$166M |
Cash flow
Fiscal years, from First Busey's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$21M | $253M | $203M | $88M | $163M | $162M | $166M | $173M | $178M | $193M |
| Capital spending | $9M | $15M | $12M | $13M | $4M | $5M | $5M | $10M | $6M | $20M |
| Free cash flow | -$30M | $238M | $191M | $75M | $159M | $157M | $161M | $164M | $172M | $173M |
| Stock-based compensation | $2M | $3M | $4M | $4M | $7M | $8M | $9M | $7M | $8M | $17M |
| Dividends paid | $23M | $31M | $39M | $45M | $48M | $51M | $51M | $53M | $54M | $91M |
| Share buybacks (net) | — | — | — | -$24M | -$12M | -$33M | -$10M | -$4M | $0 | -$70M |
| Net borrowing | -$5M | -$30M | — | — | — | — | — | — | — | — |
| Free cash flow margin | -13.0% | 82.8% | 57.6% | 18.6% | — | — | 35.7% | 37.1% | 37.2% | 24.0% |
| Dividends per share | $0.64 | $0.71 | $0.79 | $0.82 | $0.88 | $0.91 | $0.91 | $0.94 | $0.94 | $1.07 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for BUSE.
Open BUSE in InvestinglyQuestions
What was First Busey's revenue in 2025?
$720M in fiscal 2025, from its 10-K filing.
How much free cash flow does First Busey generate?
$173M in fiscal 2025 (operating cash flow minus capital spending).
From First Busey's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.