First Busey Corporation

AI-generated fair value estimate for this company.

Method: Two-stage dividend discount model: $1.04 current annual dividend per share growing 8% per year for 5 years, then a 4% terminal growth rate; 9% cost of equity; 82.5M shares outstanding (estimated from a roughly $2.475B market cap at a roughly $30 share price).

Reasoning: First Busey is a regional bank holding company, for which a dividend discount model is more appropriate than an unlevered FCF DCF since bank 'free cash flow' is not economically meaningful (loans and deposits are core operating activities, not capital investment); near-term dividend growth assumptions reflect continued earnings growth as recent bank-acquisition integration completes, fading to a sustainable long-run rate.