BUSE (First Busey) Scaled Net Operating Assets: 0.02 (As of Mar. 2026)


BUSE First Busey Corp BUSE
63 GF Score
Price $29.50
GF Value $26.13
Valuation Modestly Overvalued
! 6 Warning Signs
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What is First Busey Scaled Net Operating Assets?

First Busey BUSE -0.54% 63 Scaled Net Operating Assets is 0.02 as of Mar. 2026. GuruFocus rates BUSE with a GF Score™ of 63/100 and a GF Value™ of $26.13 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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 Mar. 2026 was $15,509.2 Mil. First Busey's operating liabilities for the quarter that ended in Mar. 2026 was $15,117.5 Mil. First Busey's Total Assets for the quarter that ended in Dec. 2025 was $18,104.7 Mil. Therefore, First Busey's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.02.

BUSE
63GF Score
First Busey Corp BUSE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(17810.684-15312.628)/12046.722
=0.21

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=18104.736 - 294.052
=17810.684

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15635.754 - 323.126 - 0
=15312.628

First Busey's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(15509.222-15117.486)/18104.736
=0.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=18036.622 - 2527.4
=15509.222

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15623.6 - 336.114 - 170
=15117.486

* 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.

What does a Scaled Net Operating Assets of 0.02 mean?
First Busey (BUSE) has a Scaled Net Operating Assets of 0.02 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on First Busey and its competitors.
Is First Busey's Scaled Net Operating Assets too high?
First Busey's current Scaled Net Operating Assets is 0.02. Overall, First Busey has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Busey's Scaled Net Operating Assets compare to NBTB and EFSC?
First Busey's Scaled Net Operating Assets of 0.02 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on First Busey and its competitors. First Busey's current Scaled Net Operating Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Busey stock overvalued right now?
Based on GuruFocus' analysis, First Busey (BUSE) is currently considered Modestly Overvalued. The stock's GF Value™ is $26.13, compared to a current price of $29.50 — trading 12.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.02. First Busey's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For First Busey (BUSE), the current Scaled Net Operating Assets is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Busey (BUSE) Overvalued in 2026?

Based on GuruFocus' analysis, First Busey stock appears to be overvalued. The current stock price of $29.50 is trading 12.9% above its estimated GF Value™ of $26.13. GuruFocus considers First Busey to be Modestly Overvalued.

Key valuation signals for BUSE:

  • Scaled Net Operating Assets: 0.02
  • GF Value™: $26.13 vs. price of $29.50 (12.9% above fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the BUSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Busey Business Description

Address 11440 Tomahawk Creek Parkway, Leawood, KS, USA, 66211
First Busey Corporation is a financial holding company whose subsidiaries provide retail and commercial banking services, remittance processing, and offer 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.
63GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.50
Price
$26.13
GF Value