Preview Of First Busey Corporation ($BUSE) 3Q20 Earnings

First Busey Corporation (NASDAQ:BUSE) is reporting third quarter earnings results on Tuesday 27th October 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.41 per share.

For the full year, analysts predict revenues of $ 398.50 million, while looking forward to income of $ 1.62 per share.

Previous Quarter Performance

First Busey Corporation disclosed income for the second quarter of $ 0.48 per share, from the revenue of $ 98.78 million.

Stock Performance

Shares of First Busey Corporation traded up $ 0.12 or 0.65 percent on Friday, reaching $ 18.70 with volume of 142.00 thousand shares. First Busey Corporation has traded high as $ 18.93 and has cracked $ 17.99 on the downward trend

According to the previous trading day, closing price of $ 18.70, representing a 68.91 % increase from the 52 week low of $ 11.00 and a 33.64 % decrease over the 52 week high of $ 28.00.

The company has a market capital of $ 1.02 billion and is part of the Financial Services sector and Banks – Regional – US industry.

First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates in three segments: Banking, Remittance Processing, and Wealth Management. It offers customary types of demand and savings deposits; and commercial, agricultural, real estate construction, commercial and residential real estate, and consumer loans, as well as home equity lines of credit.

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