First Busey ( (BUSE) ) has provided an announcement.
On March 1, 2025, First Busey Corporation completed its merger with CrossFirst Bankshares, Inc., with Busey continuing as the surviving corporation. This strategic merger, initially announced in August 2024, is set to enhance Busey’s presence in high-growth metro markets and expand its commercial banking and wealth management services. The merger will result in a combined entity with approximately $20 billion in total assets, $17 billion in deposits, and $15 billion in loans, positioning Busey as a leading regional banking institution in the Midwest and Southwestern U.S.
More about First Busey
First Busey Corporation is a financial holding company headquartered in Champaign, Illinois, operating primarily in the banking industry through its subsidiary, Busey Bank. As of December 31, 2024, Busey Bank had total assets of $12.01 billion and operated 62 banking centers across several states. The company also offers wealth management services and operates FirsTech, Inc., which provides payment technology solutions.
YTD Price Performance: 2.90%
Average Trading Volume: 338,446
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.37B
For an in-depth examination of BUSE stock, go to TipRanks’ Stock Analysis page.