First Busey Co. (NASDAQ:BUSE) Receives Average Recommendation of “Buy” from Brokerages

First Busey Corporation (NASDAQ: NASDAQBUSE) is a regional bank holding company headquartered in Tampa, Florida. The company operates through its wholly-owned subsidiary, First Busey Bank, which provides commercial and consumer banking services to individuals and businesses in the southeastern United States.

As of March 31, 2021, First Busey Corporation had total assets of $17.5 billion, total deposits of $14.6 billion, and total equity of $2.9 billion. The company's loan portfolio consisted primarily of commercial and consumer loans, with a focus on real estate, construction, and development financing.

In terms of its stock performance, First Busey Corporation has had a relatively positive outlook from brokerages in recent years. According to Yahoo Finance, as of August 2021, the average recommendation for NASDAQBUSE among brokerages is "Buy." This suggests that analysts believe that the company's stock is undervalued and has potential for growth.

It's worth noting that while brokerage recommendations can be helpful in making investment decisions, they should not be the sole basis for any investment decisions. It's important to conduct thorough research and consider other factors such as a company's financial health, industry trends, and overall market conditions before making any investment decisions.