NASDAQ$BUSE

First Busey Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

First Busey's Q4 2021 earnings were announced, indicating solid financial results and strategic growth.

First Busey Corporation reported a net income of $29.9 million and diluted EPS of $0.53 for Q4 2021. Adjusted net income was $34.3 million, with adjusted diluted EPS at $0.61. The company experienced core loan growth and an increase in wealth management assets under care.

  • Net income for Q4 2021 was $29.9 million, with a diluted EPS of $0.53.
  • Adjusted net income for Q4 2021 reached $34.3 million, resulting in an adjusted diluted EPS of $0.61.
  • Core loan growth, excluding PPP loans, was $141.6 million, representing a 2.0% increase in Q4.
  • Wealth management assets under care increased to $12.73 billion as of December 31, 2021, a 24.5% year-over-year growth.

Headline financials

Total Revenue

$106M

Previous: $103M+2.1%
EPS (adj)

$0.61

Previous: $0.62-1.6%
Capital Expenditures

$1M

Previous: $1.04M-3.8%
Free Cash Flow

$58.5M

Previous: $66.8M-12.5%
Net Income

$29.9M

Previous: $28.3M+5.7%
Operating Income

$39.2M

Previous: $38.5M+1.7%
Cash & Equivalents

$836M

Previous: $10.5B-92.1%
Total Assets

$12.9B

Previous: $10.5B+22.0%
Stock-Based Comp

$2.14M

Previous: $2.72M-21.3%

Revenue & EPS history

First Busey · Revenue · Quarterly

$106M

Q4 2021+2.1%vs Q4 2020
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

First Busey · $4.29M total across 1 segment · Q4 2021

  • Wealth Mgmt Fees
    $4.29M-59.6%

Forward guidance

The Company reported solid fourth quarter results, which are reflective of our strategic growth plans. Despite headwinds related to the COVID-19 Omicron variant, supply chain issues, and inflation, the economy continues to improve, and we feel confident that we are well positioned to produce growth and profitability as we move forward.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.7%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+1.8%

Avg return

30 days after

37%

24 / 65 earnings

Positive

+10.7%

Q1 2020

Best reaction

-8.3%

Q2 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%-1.1%+3.2%
Q4 2025-2.5%+1.6%+1.2%
Q3 2025-3.1%-2.3%+1.3%
Q1 2025+3.3%+1.7%+5.0%
Q4 2024+1.9%+1.3%+2.3%
Q3 2024-0.4%-2.4%+8.4%
Q2 2024+0.0%+3.8%-5.2%
Q1 2024+1.0%-0.4%-0.3%
Q4 2023+0.5%+1.0%-4.5%
Q3 2023-2.9%+0.6%+11.4%
Q2 2023-0.7%-2.3%-7.5%
Q1 2023-4.4%-3.7%+1.3%
Q4 2022-6.0%-5.2%+1.9%
Q3 2022+3.0%+6.9%+8.5%
Q2 2022-1.5%-0.7%-3.9%
Q1 2022-4.5%-5.4%-3.0%
Q4 2021-1.2%-2.5%-4.3%
Q3 2021-5.5%-3.2%+7.1%
Q2 2021+1.8%+2.6%+2.1%
Q1 2021-1.3%-1.1%+5.3%
Q4 2020-7.4%-9.6%+2.8%
Q3 2020-5.3%-2.8%+15.1%
Q2 2020+5.4%+1.0%+6.5%
Q1 2020+10.7%+2.3%+6.4%
Q4 2019-2.6%-4.4%-14.8%
Q3 2019+2.8%+2.5%+4.4%
Q2 2019+3.1%+4.5%-4.3%
Q1 2019+3.3%+4.1%+1.1%
Q4 2018-1.8%-2.1%+4.2%
Q3 2018-4.6%-1.9%-0.1%
Q2 2018-2.6%-2.7%-1.4%
Q1 2018+0.0%-1.4%+4.2%
Q4 2017-0.5%+0.1%-4.4%
Q3 2017-0.6%+0.1%-3.2%
Q2 2017+2.2%+1.7%+0.1%
Q1 2017+4.3%-1.2%-4.9%
Q4 2016-1.4%-4.7%+2.1%
Q3 2016+0.9%+0.3%+21.9%
Q2 2016-0.4%-0.3%+4.3%
Q1 2016-0.0%
Q4 2015-2.6%
Q3 2015+4.8%
Q2 2015+0.8%
Q1 2015-1.5%
Q4 2014-4.3%
Q3 2014+0.0%
Q2 2014-0.4%
Q1 2014-1.1%
Q4 2013-2.7%
Q3 2013+1.3%
Q2 2013+1.6%
Q1 2013-2.6%
Q4 2012-2.9%
Q3 2012-1.0%
Q2 2012-0.6%
Q1 2011+0.9%
Q1 2012+3.4%
Q4 2009+2.2%
Q4 2010+2.2%
Q4 2011+2.2%
Q3 2011-3.3%
Q3 2010-3.3%
Q2 2011-8.3%
Q2 2010-8.3%
Q1 2010-6.8%

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