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Stock impact report

First Busey: Preferred Share Has High Yield But Overpriced [Seeking Alpha]

First Busey Corporation (BUSE) 
Last first busey corporation earnings: 4/28 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.busey.com
Company Research Source: Seeking Alpha
The loan-to-deposit ratio has risen to 90%, requiring close monitoring as further increases could pressure earnings and funding. Preferred shares offer a 7.9% yield, but current pricing above the call price limits true return; patience for better entry is warranted. I recommend waiting for BUSEP's yield to call to exceed 7% before considering a position, as this would offer more attractive risk-adjusted income. JHVEPhoto/iStock Editorial via Getty Images Introduction First Busey Corporation ( BUSE ) is a regional bank. While the bank has a wide presence, most of its locations are in Illinois and the St. Louis Metropolitan area. Along with its common shares, the bank also has This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compe Show less Read more
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