First Busey director Bradshaw buys $67k in shares

Published 01/08/2025, 20:02
First Busey director Bradshaw buys $67k in shares

Director Stanley J. Bradshaw of FIRST BUSEY CORP (NASDAQ:BUSE), a regional bank with a market capitalization of $1.95 billion, acquired 3,000 shares of common stock on July 31, 2025, according to a Form 4 filing with the Securities and Exchange Commission.

The shares were purchased at a price of $22.35, totaling $67,050. Following the transaction, Bradshaw directly owns 498,568 shares of First Busey stock. The company boasts a strong dividend track record, maintaining payments for 37 consecutive years, with a current yield of 4.48%. According to InvestingPro analysis, First Busey is currently trading below its Fair Value, with additional insights available for subscribers.

In other recent news, First Busey Corporation reported second-quarter earnings that surpassed analyst expectations. The company posted adjusted earnings of $0.63 per share, exceeding the consensus estimate of $0.60. Revenue for the quarter reached $198.05 million, surpassing estimates of $193.73 million and marking a 69.9% increase compared to the same period last year. This strong revenue growth was attributed to First Busey’s acquisition of CrossFirst Bankshares (NASDAQ:CFB). The acquisition appears to have positively impacted the company’s financial performance. These developments reflect recent business activities and financial outcomes for First Busey.

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