Estados financieros detallados de First Busey Corporation (BUSE): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
First Busey Corporation registró ingresos de $1.04B en el último ejercicio fiscal, con un CAGR de 5 años del 18.6%. El beneficio neto alcanzó $135.3M, con un CAGR a 5 años del 6.2%.
Márgenes de los últimos 12 meses: margen bruto 66.1%, margen operativo 16.5%, margen neto 24.6%. El flujo de caja libre creció a un CAGR del 1.8% en 5 años.
Al precio actual de $30.24, BUSE cotiza a un P/E de 10.91 y un ROE del 5.48%. La capitalización bursátil es de $2.6B.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $240.1M | $308.8M | $376.0M | $472.6M | $444.9M | $431.6M | $486.6M | $600.6M | $662.5M | $1.04B |
| Coste de Ventas | $15.8M | $26.2M | $49.1M | $79.4M | $82.5M | $13.0M | $41.2M | $162.3M | $209.7M | $377.0M |
| Beneficio Bruto | $224.3M | $282.5M | $327.0M | $393.2M | $362.4M | $418.6M | $445.4M | $438.3M | $452.9M | $666.8M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $78.4M | $95.6M | $107.8M | $140.5M | $126.7M | $148.4M | $163.1M | $168.2M | $181.2M | $327.0M |
| Gastos Operativos | $147.9M | $174.4M | $193.0M | $258.8M | $234.2M | $261.8M | $283.9M | $284.4M | $299.6M | $480.2M |
| Beneficio Operativo | $76.4M | $108.1M | $133.9M | $134.4M | $128.2M | $156.8M | $161.7M | $153.9M | $153.3M | $186.6M |
| EBITDA | $88.2M | $123.5M | $150.9M | $158.6M | $156.2M | $185.0M | $187.4M | $176.6M | $173.9M | $204.7M |
| Gastos por Intereses | $10.2M | $20.9M | $44.6M | $69.0M | $43.7M | $28.1M | $36.5M | $159.9M | $201.1M | $324.3M |
| Beneficio Antes de Impuestos | $76.4M | $108.1M | $133.9M | $134.4M | $128.2M | $156.8M | $161.7M | $153.9M | $153.3M | $186.6M |
| Impuestos | $26.7M | $45.4M | $35.0M | $31.5M | $27.9M | $33.4M | $33.4M | $31.3M | $39.6M | $51.4M |
| Beneficio Neto | $49.7M | $62.7M | $98.9M | $103.0M | $100.3M | $123.4M | $128.3M | $122.6M | $113.7M | $135.3M |
| BPA | $1.42 | $1.47 | $2.02 | $1.88 | $1.84 | $2.23 | $2.32 | $2.21 | $2.01 | $1.49 |
| BPA Diluido | $1.40 | $1.45 | $2.01 | $1.87 | $1.83 | $2.20 | $2.29 | $2.18 | $1.98 | $1.47 |
| Acciones en Circulación (Diluidas) | $35.4M | $43.1M | $49.2M | $55.1M | $54.8M | $56.0M | $56.1M | $56.3M | $57.5M | $89.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $285.7M | $277.8M | $267.8M | $106.0M |
| Beneficio Bruto | $197.3M | $197.8M | $193.2M | $31.4M |
| Beneficio Operativo | $77.3M | $77.5M | $63.7M | -$63.7M |
| EBITDA | $85.4M | $88.3M | $71.7M | -$71.7M |
| Beneficio Neto | $57.1M | $60.8M | $50.0M | $63.2M |
| BPA | $0.94 | $0.63 | $0.56 | $0.65 |
| BPA Diluido | $0.94 | $0.63 | $0.56 | $0.64 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $166.7M | $347.6M | $240.0M | $529.3M | $688.5M | $836.1M | $227.2M | $719.6M | $697.7M | $181.0M |
| Inversiones a Corto | $759.8M | $872.7M | $697.7M | $1.65B | $2.26B | $3.98B | $2.46B | $2.09B | $1.23B | 0 |
| Cuentas por Cobrar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $71.8M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $925.9M | $1.23B | $937.7M | $2.18B | $2.95B | $4.82B | $2.69B | $2.81B | $1.93B | $252.8M |
| Inmovilizado Material | $77.9M | $116.9M | $117.7M | $160.8M | $142.9M | $146.7M | $139.4M | $133.6M | $129.4M | $193.4M |
| Fondo de Comercio | $102.8M | $269.3M | $267.7M | $311.5M | $311.5M | $317.9M | $317.9M | $317.9M | $333.7M | $383.3M |
| Activos Intangibles | $18.5M | $38.7M | $32.9M | $61.6M | $52.0M | $58.1M | $46.4M | $36.0M | $32.3M | $97.4M |
| Activos Totales | $5.43B | $7.86B | $7.70B | $9.70B | $10.54B | $12.86B | $12.34B | $12.28B | $12.05B | $18.10B |
| Cuentas por Pagar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deuda a Corto | $264.2M | $524.6M | $185.8M | $214.0M | $180.3M | $287.8M | $580.9M | $199.4M | $155.6M | $173.2M |
| Pasivos Corrientes | $4.64B | $6.65B | $6.44B | $8.12B | $8.86B | $11.06B | $10.65B | $10.49B | $10.14B | $3.83B |
| Deuda a Largo | $150.9M | $225.1M | $219.8M | $253.8M | $298.3M | $340.4M | $323.8M | $312.9M | $302.5M | $284.3M |
| Pasivos Totales | $4.85B | $6.94B | $6.71B | $8.51B | $9.27B | $11.54B | $11.19B | $11.01B | $10.66B | $15.64B |
| Reservas | -$163.7M | -$132.1M | -$72.2M | -$14.8M | $20.8M | $92.5M | $168.8M | $237.2M | $294.1M | $336.7M |
| Patrimonio Neto | $594.3M | $935.0M | $995.0M | $1.22B | $1.27B | $1.32B | $1.15B | $1.27B | $1.38B | $2.47B |
| Deuda Total | $415.0M | $749.7M | $405.6M | $477.4M | $486.3M | $638.8M | $917.7M | $523.6M | $469.2M | $490.1M |
| Deuda Neta | -$510.9M | -$481.6M | -$532.0M | -$1.70B | -$2.46B | -$4.18B | -$1.77B | -$2.28B | -$1.46B | $309.0M |
| Capital Circulante | -$3.71B | -$5.42B | -$5.50B | -$5.94B | -$5.91B | -$6.24B | -$7.96B | -$7.68B | -$8.21B | -$3.57B |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $385.5M | $181.0M | $169.0M | $665.4M |
| Activos Totales | $18.19B | $18.10B | $18.04B | $18.19B |
| Pasivos Totales | $15.74B | $15.64B | $15.62B | $15.81B |
| Patrimonio Neto | $2.45B | $2.47B | $2.41B | $2.38B |
| Deuda Total | $451.7M | $490.1M | $662.5M | $464.2M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $49.7M | $62.7M | $98.9M | $103.0M | $100.3M | $123.4M | $128.3M | $122.6M | $113.7M | $135.3M |
| Amortizaciones | $11.7M | $15.4M | $16.9M | $24.1M | $27.9M | $28.2M | $25.6M | $22.7M | $20.6M | $30.2M |
| Compensación en Acciones | $1.8M | $2.8M | $3.7M | $4.0M | $7.1M | $7.9M | $9.0M | $6.6M | $7.7M | $17.1M |
| Cambio en Capital Circulante | -$8.2M | $2.4M | $8.7M | -$7.4M | -$18.9M | -$24.8M | -$57.3M | -$9.0M | $5.9M | -$43.6M |
| Flujo de Caja Operativo | -$20.9M | $253.4M | $202.5M | $88.3M | $163.2M | $162.0M | $165.8M | $173.4M | $178.3M | $192.6M |
| Inversiones (CapEx) | -$9.0M | -$15.0M | -$11.6M | -$13.2M | -$4.2M | -$5.0M | -$5.0M | -$9.5M | -$6.4M | -$19.6M |
| Adquisiciones | $25.6M | $27.0M | 0 | -$61.5M | 0 | $228.3M | 0 | 0 | $18.4M | $385.8M |
| Recompra de Acciones | 0 | 0 | 0 | -$24.3M | -$12.3M | -$33.0M | -$9.9M | -$4.5M | 0 | -$69.9M |
| Dividendos Pagados | -$22.7M | -$30.7M | -$39.0M | -$45.2M | -$48.0M | -$50.8M | -$50.9M | -$53.1M | -$54.2M | -$91.0M |
| Flujo de Caja Libre | -$29.9M | $238.4M | $190.9M | $75.1M | $159.0M | $157.0M | $160.8M | $163.9M | $171.8M | $173.8M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $62.5M | $72.2M | $51.5M | $41.5M |
| Inversiones (CapEx) | -$8.0M | -$7.3M | -$2.5M | -$2.3M |
| Flujo de Caja Libre | $54.5M | $64.8M | $49.1M | $39.2M |
| Dividendos Pagados | -$27.4M | -$26.7M | -$27.2M | -$26.7M |
| Compensación en Acciones | $4.3M | $4.0M | $4.1M | $2.6M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +28.6% | +21.8% | +25.7% | -5.9% | -3.0% | +12.7% | +23.4% | +10.3% | +57.6% |
| Crecimiento Beneficio Neto (anual) | | +26.2% | +57.7% | +4.1% | -2.5% | +23.0% | +3.9% | -4.5% | -7.2% | +19.0% |
| Crecimiento BPA (anual) | | +3.5% | +37.4% | -6.9% | -2.1% | +21.2% | +4.0% | -4.7% | -9.0% | -25.9% |
| Cambio en Acciones (anual) | | +21.8% | +14.1% | +12.0% | -0.6% | +2.2% | +0.2% | +0.2% | +2.3% | +54.9% |
| Crecimiento FCF (anual) | | +897.7% | -19.9% | -60.7% | +111.7% | -1.3% | +2.4% | +1.9% | +4.9% | +1.1% |
| Margen Bruto | 93.4% | 91.5% | 87.0% | 83.2% | 81.5% | 97.0% | 91.5% | 73.0% | 68.4% | 63.9% |
| Margen Operativo | 31.8% | 35.0% | 35.6% | 28.4% | 28.8% | 36.3% | 33.2% | 25.6% | 23.1% | 17.9% |
| Margen EBITDA | 36.7% | 40.0% | 40.1% | 33.6% | 35.1% | 42.9% | 38.5% | 29.4% | 26.2% | 19.6% |
| Margen Neto | 20.7% | 20.3% | 26.3% | 21.8% | 22.6% | 28.6% | 26.4% | 20.4% | 17.2% | 13.0% |
| Margen FCF | -12.4% | 77.2% | 50.8% | 15.9% | 35.7% | 36.4% | 33.0% | 27.3% | 25.9% | 16.6% |
| Tasa Impositiva Efectiva | 35.0% | 42.0% | 26.1% | 23.4% | 21.7% | 21.3% | 20.7% | 20.4% | 25.8% | 27.5% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.84 | $5.53 | $3.88 | $1.36 | $2.90 | $2.80 | $2.86 | $2.91 | $2.99 | $1.95 |
| Dividendo por Acción | $0.64 | $0.71 | $0.79 | $0.82 | $0.88 | $0.91 | $0.91 | $0.94 | $0.94 | $1.02 |
| Acciones en Circulación (Básicas) | $35.0M | $42.7M | $49.0M | $54.9M | $54.6M | $55.4M | $55.4M | $55.4M | $56.6M | $89.1M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 5.48% |
| Rentabilidad sobre capital invertido | 0.94% |
| Rentabilidad sobre activos | 0.75% |
| Margen bruto | 66.12% |
| Margen operativo | 16.52% |
| Margen neto | 24.65% |
Salud financiera
| Deuda / Patrimonio | 0.19 |
| Ratio corriente | 3.78 |
| Piotroski F-Score | 5 |
| Altman Z-Score | -0.04 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 21.68 | 20.37 | 12.15 | 14.63 | 11.71 | 12.16 | 10.66 | 11.23 | 11.73 | 15.97 |
| P/VC | 1.81 | 1.37 | 1.21 | 1.24 | 0.93 | 1.14 | 1.19 | 1.08 | 0.96 | 0.86 |
| P/V | 4.49 | 4.14 | 3.20 | 3.19 | 2.64 | 3.48 | 2.81 | 2.29 | 2.01 | 2.03 |
| Margen Bruto | 93.4% | 91.5% | 87.0% | 83.2% | 81.5% | 97.0% | 91.5% | 73.0% | 68.4% | 63.9% |
| Margen Operativo | 31.8% | 35.0% | 35.6% | 28.4% | 28.8% | 36.3% | 33.2% | 25.6% | 23.1% | 17.9% |
| Margen Neto | 20.7% | 20.3% | 26.3% | 21.8% | 22.6% | 28.6% | 26.4% | 20.4% | 17.2% | 13.0% |