
First Busey (BUSE) Stock Forecast & Price Target
First Busey (BUSE) Analyst Ratings
Bulls say
First Busey Corporation is experiencing strong performance in its wealth management segment, which has demonstrated growth in assets under management beyond mere market appreciation. The company anticipates an increase in its consolidated margin, projected to reach 3.15% in the first quarter, enhanced by strategic initiatives such as the life equity lending product and the CrossFirst acquisition. Additionally, management expects double-digit revenue growth this year, supported by improved deposit costs and positive business development across multiple regions.
Bears say
First Busey Corporation has reported a decline in loan balances of approximately 1.5% to $7.70 billion, attributed to higher-than-expected payoffs and weak client demand, raising concerns over future revenue generation. The company faces several risks, including a potential downturn in the economies and real estate markets it operates within, slower-than-expected loan growth, and possible deterioration in loan credit quality, which could necessitate higher provisions for loan losses. Additionally, adjustments to future estimates have resulted in a lowered tangible book value forecast, indicating weakening financial health and raising red flags for investors.
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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