Previous Close | 16.93 |
Open | 16.96 |
Bid | 16.81 x 100 |
Ask | 16.85 x 100 |
Day's Range | 16.58 - 17.13 |
52 Week Range | 9.71 - 19.22 |
Volume | |
Avg. Volume | 366,564 |
Market Cap | 829.039M |
Beta (5Y Monthly) | 1.03 |
PE Ratio (TTM) | 11.85 |
EPS (TTM) | 1.42 |
Earnings Date | Oct 14, 2024 - Oct 18, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 19.50 |
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The merger deal with CrossFirst will increase BUSE's asset size and fortify its commercial banking businesses.
Regional lender First Busey has agreed to buy smaller rival CrossFirst Bankshares in a $916.8 million all-stock deal, in yet another consolidation in the industry since the March 2023 turmoil after three banks collapsed last year. The deal would create a combined bank with $20 billion in total assets and expand Busey's presence into new markets including Kansas City, Wichita, Dallas/Fort Worth, Denver and Phoenix, the banks said on Tuesday. On Tuesday, Old Second Bancorp also said it would buy five Illinois branches from lender First Merchants, bolstering its Southeast Chicago presence.