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BUSE (First Busey) Total Assets : $12,046.7 Mil (As of Dec. 2024)


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What is First Busey Total Assets?

First Busey's Total Assets for the quarter that ended in Dec. 2024 was $12,046.7 Mil.

During the past 12 months, First Busey's average Total Assets Growth Rate was 6.80% per year. During the past 3 years, the average Total Assets Growth Rate was 8.00% per year. During the past 5 years, the average Total Assets Growth Rate was 6.90% per year. During the past 10 years, the average Total Assets Growth Rate was 14.10% per year.

During the past 13 years, First Busey's highest 3-Year average Total Assets Growth Rate was 37.30%. The lowest was -19.20%. And the median was 8.70%.

Total Assets is connected with ROA %. First Busey's annualized ROA % for the quarter that ended in Dec. 2024 was 0.94%. Total Assets is also linked to Revenue through Asset Turnover. First Busey's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.


First Busey Total Assets Historical Data

The historical data trend for First Busey's Total Assets 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 Total Assets Chart

First Busey Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,544.05 12,859.69 12,336.68 12,283.42 12,046.72

First Busey Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets 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 12,283.42 11,887.46 11,971.42 11,986.84 12,046.72

First Busey Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

First Busey's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1383.269+10663.453
=12,046.7

First Busey's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1383.269+10663.453
=12,046.7

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

First Busey's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=112.42/( (11986.839+12046.722)/ 2 )
=112.42/12016.7805
=0.94 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

First Busey's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=115.951/( (11986.839+12046.722)/ 2 )
=115.951/12016.7805
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

First Busey Total Assets Related Terms

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First Busey Business Description

Traded in Other Exchanges
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
Stanley J Bradshaw director 900 ROOSEVELT PARKWAY, CHESTERFIELD MO 63017
Karen M Jensen director 100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Stephen V King director FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
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
Amy L Randolph officer: Chief of Staff FIRST BUSEY CORPORATION, 100 WEST UNIVERSITY AVENUE, CHAMPAIGN IL 61820
Van A Dukeman director, officer: President & CEO 100 W. 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
Gregory B Lykins director 100 W. UNIVERSITY AVE, CHAMPAIGN IL 61820
Michael David Cassens director 100 WEST UNIVERSITY AVE., CHAMPAIGN IL 61820
Cassandra R Sanford director 100 W. UNIVERSITY AVENUE, 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
George Barr director 2801 BLACK ROAD, JOLIET IL 60435