First Busey Corp (BUSE) company profile
Close on Nov 12, 2026Market cap $2.38BP/E 11.8Yield 3.46%
About First Busey
State Commercial Banks, SIC 6022
First Busey Corporation is a financial services holding company that operates primarily through its commercial banking and wealth management segments. The company offers commercial lending products, including owner-occupied and non-owner-occupied commercial real estate financing, alongside construction, land acquisition, development, and general business credit facilities. Additionally, it provides deposit products, liquidity management solutions, digital payments, and broad wealth management services. First Busey serves an array of individual consumers, commercial borrowers, operating businesses, and institutional clients across diverse sectors.
The company conducts banking activities across ten U.S. states, specifically Illinois, Missouri, Texas, Colorado, Florida, Kansas, Oklahoma, Arizona, Indiana, and New Mexico, concentrating its operations primarily in major metropolitan centers. In addition, it maintains limited credit exposure to energy-related borrowers across western markets and nationally. The provided excerpt references ongoing franchise tax disputes with the Illinois Secretary of State, though it does not explicitly specify the city or address of the company's corporate headquarters.
Summary of the business section of First Busey's latest annual report, written by StockData.
Company profile
Company
- Legal name
- First Busey Corp
- Founded
- 1868
- Headquarters
- Leawood, KS
- Address
- 11440 Tomahawk Creek Pkwy 66211
- Phone
- (217) 365-4544
- Website
- www.busey.com
- Employees
- 1,914, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- RSM US LLP, Des Moines, Iowa
Stock & identifiers
- Ticker
- BUSE
- Other tickers
- BUSEP
- Exchange
- Nasdaq
- IPO date
- Oct 6, 1998
- Shares outstanding
- 83M, Aug 6, 2026
- Public float
- $1.95B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-3 reverse, Sep 8, 2015; 3-for-2, Aug 4, 2004
- SEC CIK
- 314489
- CUSIP
- 319383204
- ISIN
- US3193832041
- FIGI
- BBG000JNCBF4
- Share class FIGI
- BBG001SBH5P5
- LEI
- 549300X4ZNLYSX7GUY60
- EIN
- 37-1078406
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Van A. Dukeman | President and CEO, Director | 551,718 |
| Mike Maddox | President, Director | 297,950 |
| Amy L. Randolph | Chief Operating Officer | 122,716 |
| Amy Fauss | Chief Info & Tech Officer | 100,571 |
| Michael A. Peluso | General Counsel | 27,764 |
| Chip S. Jorstad | Chief Credit Officer | 72,710 |
| Scott A. Phillips | Chief Accounting Officer | 24,220 |
| Monica L. Bowe | EVP Chief Risk Officer | 66,887 |
| Christopher H.M. Chan | Chief Financial Officer | 34,559 |
| Thomas Anthony Hammond | President, Busey Bank | 12,699 |
| John Joseph Powers | EVP & General Counsel | 140,195 |
| Jeffrey David Jones | EVP & CFO | 106,166 |
| Karen M. Jensen | Director | 90,940 |
| Tiffany B. White | Director | 10,553 |
| Scott A. Wehrli | Director | 76,528 |
| Jennifer M. Grigsby | Director | 50,550 |
| Steven W. Caple | Director | 11,491 |
| Stephen V. King | Director | 218,620 |
| Michael David Cassens | Director | 128,810 |
| Rod Brenneman | Director | 169,486 |
| Kevin Rauckman | Director | 49,344 |
| Frederic L. Kenney | Director | 168,912 |
| Stanley J. Bradshaw | Director | 907,854 |
| George Barr | Director | 234,215 |
| Gregory B. Lykins | Director | 276,236 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $4.03M | $4.24M | $2.07M | $135 | $153 |
| FY2024 | $2.85M | $2.43M | $1.36M | $128 | $143 |
| FY2023 | $2.18M | $2.54M | $1.08M | $130 | $127 |
| FY2022 | $2.49M | $2.23M | $1.27M | $124 | $127 |
| FY2021 | $2.12M | $3.05M | $1.10M | $131 | $137 |
| FY2020 | $2.44M | $2.01M | $1.27M | $82 | $86 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Van A. Dukeman Chairman and Chief Executive Officer | $918.79K | – | $1.94M | $1.11M | $62.53K | $4.03M | +42% |
| Christopher H.M. Chan Executive Vice President, Chief Financial Officer | $124.62K | $500.00K | $500.00K | $143.10K | $404.68K | $1.67M | – |
| Jeffrey D. Jones Former Executive Vice President, Chief Financial Officer | $89.48K | – | – | $62.10K | $1.38M | $1.53M | +0% |
| Scott A. Phillips Executive Vice President, Chief Accounting Officer; Former Interim Chief Financial Officer | $309.64K | $50.00K | $152.27K | $215.00K | $27.38K | $754.29K | – |
| Michael J. Maddox Former Vice Chairman and President of First Busey Corporation; Former President and Chief Executive Officer of Busey Bank | $750.62K | – | $1.75M | $1.11M | $120.14K | $3.73M | – |
| Amy L. Randolph Executive Vice President, Chief Operating Officer | $518.66K | $697.29K | $594.81K | $500.85K | $579.23K | $2.89M | +89% |
| Monica L. Bowe Executive Vice President, Chief Risk Officer | $420.48K | $542.34K | $435.32K | $410.22K | $30.49K | $1.84M | +55% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, Busey and its subsidiaries had a total of 1,914 full-time equivalents.”
Corporate history
Events identified from SEC filings
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