First Busey (First Busey) Scaled Net Operating Assets : -0.10 (As of Dec. 2023)

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What is First Busey Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Busey's operating assets for the quarter that ended in Dec. 2023 was $9,476.3 Mil. First Busey's operating liabilities for the quarter that ended in Dec. 2023 was $10,675.3 Mil. First Busey's Total Assets for the quarter that ended in Sep. 2023 was $12,258.3 Mil. Therefore, First Busey's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.10.

First Busey Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Busey's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(11563.834	-	10675.251)	/	12336.677
=	0.07

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	12283.415	-	719.581
=	11563.834

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	11011.434	-	324.183	-	12
=	10675.251

First Busey's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(9476.263	-	10675.251)	/	12258.25
=	-0.10

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	12283.415	-	2807.152
=	9476.263

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	11011.434	-	324.183	-	12
=	10675.251

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Busey (First Busey) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Busey Corp (NAS:BUSE) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 W. University Avenue, Champaign, IL, USA, 61820

Website

https://www.busey.com

First Busey Corporation is a financial holding company, whose subsidiaries provides retail and commercial banking services, remittance processing, and offers financial products and services with banking centers in Illinois, Missouri, Florida, and Indiana. The company's operations are managed through three operating segments consisting of Banking, FirsTech, and Wealth Management. The banking segment generates a vast majority of its revenue.

Executives

Michael David Cassens	director	100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Stanley J Bradshaw	director	900 ROOSEVELT PARKWAY, CHESTERFIELD MO 63017
Scott A. Phillips	officer: Principal Accounting Officer	100 W. UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Monica L Bowe	officer: EVP Chief Risk Officer	100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Jeffrey David Jones	officer: EVP & CFO	100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
John Joseph Powers	officer: EVP & General Counsel	100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Van A Dukeman	director, officer: President & CEO	100 W. UNIVERSITY AVE, CHAMPAIGN IL 61820
Cassandra R Sanford	director	100 W. UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Stephen V King	director	FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Amy L Randolph	officer: Chief of Staff	FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
George Barr	director	2801 BLACK ROAD, JOLIET IL 60435
Karen M Jensen	director	100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Samuel P Banks	director	201 W MAIN ST, URBANA IL 61801
Frederic L Kenney	director	100 W. UNIVERSITY AVE, CHAMPAIGN IL 61820
Robin N Elliott	officer: President/CEO Busey Bank	FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820