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First Busey (First Busey) Debt-to-Equity : 0.26 (As of Dec. 2023)


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What is First Busey Debt-to-Equity?

First Busey's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.0 Mil. First Busey's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $324.2 Mil. First Busey's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,272.0 Mil. First Busey's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for First Busey's Debt-to-Equity or its related term are showing as below:

BUSE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.27   Max: 0.6
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of First Busey was 0.60. The lowest was 0.22. And the median was 0.27.

BUSE's Debt-to-Equity is ranked better than
79.25% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs BUSE: 0.24

First Busey Debt-to-Equity Historical Data

The historical data trend for First Busey's Debt-to-Equity can be seen below:

* 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.

* Premium members only.

First Busey Debt-to-Equity Chart

First Busey Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.25 0.28 0.60 0.26

First Busey Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.45 0.29 0.26 0.24

Competitive Comparison of First Busey's Debt-to-Equity

For the Banks - Regional subindustry, First Busey's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Busey's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Busey's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where First Busey's Debt-to-Equity falls into.



First Busey Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Busey's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First Busey's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


First Busey  (NAS:BUSE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


First Busey Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of First Busey's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


First Busey (First Busey) Business Description

Traded in Other Exchanges
N/A
Address
100 W. University Avenue, Champaign, IL, USA, 61820
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