Company Profile
- First Busey Corporation (NASDAQ: BUSE) (“the company”), headquartered in Champaign, IL, is a $11.9 billion-asset financial holding company of Busey Bank (“the bank”), with origins dating back 150+ years. BUSE operates a diversified, commercially oriented banking franchise across a four-state footprint of IL, MO, IN, and FL, largely in small to mid-tiered Midwestern MSAs and markets traditionally anchored in higher education and healthcare, although with increasing presence and asset levels in Greater Chicago and in St. Louis.
- Lending activities are complemented by scalable wealth management (>$12 billion in AUM) and payment technology solutions businesses, the latter operating under the FirsTech brand. Within FirsTech’s verticals, management is projecting transformative revenue growth over time through expanding E-commerce and traditional payment rail networks beyond existing customer channels, and targeting clients in regulated, legacy,…