BUSE FY 2024 Earnings Report — First Busey Corporation Revenue & Financial Results | Market Cap Arena

First Busey CorporationBUSE

FY 2024 Earnings

Reported February 27, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$663M	—	$601M	—	10.3%
Op. Income	$153M	—	$154M	—	-0.4%
Gross Margin	68.4%	—	73.0%	—	-4.6pp
Net Margin	17.2%	—	20.4%	—	-3.2pp
EPS (Diluted)	$1.98	—	$2.18	—	-9.2%
Free Cash Flow	$172M	—	$164M	—	4.9%

Revenue Flow

Item	Amount
REVENUE	$663M
Cost of Revenue	$210M
GROSS PROFIT	$453M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$181M
SG&A Expenses	$181M
Other Expenses	$118M
Operating Expenses	$300M
Cost & Expenses	$509M
OPERATING INCOME	$153M
Interest Income	$523M
Interest Expense	$201M
Other Income/Expenses	$0
INCOME BEFORE TAX	$153M
Income Tax Expense	$40M
Net Income from Continuing Ops	$114M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$114M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$114M
D&A	$21M
EBIT	$153M
EBITDA	$174M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$663M
Cost of Revenue	$210M
GROSS PROFIT	$453M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$181M
SG&A Expenses	$181M
Other Expenses	$118M
Operating Expenses	$300M
Cost & Expenses	$509M
OPERATING INCOME	$153M
Interest Income	$523M
Interest Expense	$201M
Other Income/Expenses	$0
INCOME BEFORE TAX	$153M
Income Tax Expense	$40M
Net Income from Continuing Ops	$114M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$114M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$114M
D&A	$21M
EBIT	$153M
EBITDA	$174M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$114M
Depreciation & Amortization	$21M
Stock-Based Compensation	$8M
Deferred Income Tax	$1M
Other Non-Cash Items	$29M
Change in Working Capital	$6M
OPERATING CASH FLOW	$178M
Capital Expenditure	-$6M
Acquisitions (Net)	$18M
Purchases of Investments	-$213M
Sales/Maturities of Investments	$546M
Other Investing Activities	$313M
NET CASH FROM INVESTING	$658M
Net Debt Issuance	-$67M
Common Stock Repurchased	$0
Common Dividends Paid	-$54M
Other Financing Activities	-$736M
NET CASH FROM FINANCING	-$858M
FREE CASH FLOW	$172M
Net Change in Cash	-$22M

Balance Sheet

Item	Amount
Cash & Equivalents	$698M
Short-Term Investments	$1.2B
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.9B
PP&E (Net)	$129M
Goodwill	$334M
Intangible Assets	$32M
Long-Term Investments	$9.0B
Tax Assets	$0
Other Non-Current Assets	$584M
TOTAL NON-CURRENT ASSETS	$10.1B
TOTAL ASSETS	$12.0B
Account Payables	$0
Short-Term Debt	$156M
Deferred Revenue	$0
Other Current Liabilities	$10.0B
TOTAL CURRENT LIABILITIES	$10.1B
Long-Term Debt	$303M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$212M
TOTAL NON-CURRENT LIABILITIES	$525M
TOTAL LIABILITIES	$10.7B
Common Stock	$60.0K
Additional Paid-In Capital	$1.4B
Retained Earnings	$294M
Treasury Stock	-$64M
Accum. Other Comp. Income	-$207M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$12.0B
Total Debt	$469M
Net Debt	-$228M