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Side-by-side financial comparison of FIRST BUSEY CORP (BUSE) and CSW INDUSTRIALS, INC. (CSW). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $196.2M, roughly 1.2× FIRST BUSEY CORP). FIRST BUSEY CORP runs the higher net margin — 25.5% vs 4.4%, a 21.1% gap on every dollar of revenue. Over the past eight quarters, FIRST BUSEY CORP's revenue compounded faster (29.9% CAGR vs 5.1%).

First Busey Bank is a financial institution headquartered in Champaign, Illinois that operates in Illinois, Indiana, and southwest Florida. It is owned by First Busey Holding, a financial holding company.

BUSE vs CSW — Head-to-Head

Bigger by revenue
CSW
CSW
1.2× larger
CSW
$233.0M
$196.2M
BUSE
Higher net margin
BUSE
BUSE
21.1% more per $
BUSE
25.5%
4.4%
CSW
Faster 2-yr revenue CAGR
BUSE
BUSE
Annualised
BUSE
29.9%
5.1%
CSW

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
BUSE
BUSE
CSW
CSW
Revenue
$196.2M
$233.0M
Net Profit
$50.0M
$10.3M
Gross Margin
39.7%
Operating Margin
7.4%
Net Margin
25.5%
4.4%
Revenue YoY
20.3%
Net Profit YoY
266.7%
-61.9%
EPS (diluted)
$1.00
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BUSE
BUSE
CSW
CSW
Q1 26
$196.2M
Q4 25
$200.2M
$233.0M
Q3 25
$196.3M
$277.0M
Q2 25
$198.0M
$263.6M
Q1 25
$125.0M
$230.5M
Q4 24
$116.8M
$193.6M
Q3 24
$118.5M
$227.9M
Q2 24
$116.2M
$226.2M
Net Profit
BUSE
BUSE
CSW
CSW
Q1 26
$50.0M
Q4 25
$10.3M
Q3 25
$57.1M
$40.7M
Q2 25
$47.4M
$40.9M
Q1 25
$-30.0M
$35.1M
Q4 24
$26.9M
Q3 24
$32.0M
$36.1M
Q2 24
$27.4M
$38.6M
Gross Margin
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
39.7%
Q3 25
43.0%
Q2 25
43.8%
Q1 25
44.2%
Q4 24
41.4%
Q3 24
45.6%
Q2 24
47.5%
Operating Margin
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
38.7%
7.4%
Q3 25
39.4%
20.5%
Q2 25
32.6%
20.8%
Q1 25
-26.1%
19.5%
Q4 24
32.0%
15.3%
Q3 24
35.9%
22.6%
Q2 24
33.1%
24.3%
Net Margin
BUSE
BUSE
CSW
CSW
Q1 26
25.5%
Q4 25
4.4%
Q3 25
29.1%
14.7%
Q2 25
23.9%
15.5%
Q1 25
-24.0%
15.2%
Q4 24
13.9%
Q3 24
27.0%
15.8%
Q2 24
23.5%
17.1%
EPS (diluted)
BUSE
BUSE
CSW
CSW
Q1 26
$1.00
Q4 25
$0.81
$0.62
Q3 25
$0.58
$2.41
Q2 25
$0.52
$2.43
Q1 25
$-0.44
$2.05
Q4 24
$0.50
$1.60
Q3 24
$0.55
$2.26
Q2 24
$0.47
$2.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BUSE
BUSE
CSW
CSW
Cash + ST InvestmentsLiquidity on hand
$288.5M
$40.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$1.1B
Total Assets
$18.1B
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BUSE
BUSE
CSW
CSW
Q1 26
$288.5M
Q4 25
$294.1M
$40.2M
Q3 25
$385.5M
$31.5M
Q2 25
$752.4M
$38.0M
Q1 25
$1.2B
$225.8M
Q4 24
$697.7M
$213.8M
Q3 24
$553.7M
$273.2M
Q2 24
$285.3M
$18.9M
Total Debt
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
$113.8M
Q3 25
$92.4M
Q2 25
Q1 25
$800.1M
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
BUSE
BUSE
CSW
CSW
Q1 26
$2.5B
Q4 25
$2.5B
$1.1B
Q3 25
$2.4B
$1.1B
Q2 25
$2.4B
$1.1B
Q1 25
$2.2B
$1.1B
Q4 24
$1.4B
$1.0B
Q3 24
$1.4B
$1.0B
Q2 24
$1.3B
$650.2M
Total Assets
BUSE
BUSE
CSW
CSW
Q1 26
$18.1B
Q4 25
$18.1B
$2.3B
Q3 25
$18.2B
$1.5B
Q2 25
$18.9B
$1.5B
Q1 25
$19.5B
$1.4B
Q4 24
$12.0B
$1.4B
Q3 24
$12.0B
$1.4B
Q2 24
$12.0B
$1.1B
Debt / Equity
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
0.05×
Q3 25
0.04×
Q2 25
Q1 25
0.75×
Q4 24
0.00×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BUSE
BUSE
CSW
CSW
Operating Cash FlowLast quarter
$28.9M
Free Cash FlowOCF − Capex
$22.7M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
$192.6M
$28.9M
Q3 25
$62.5M
$61.8M
Q2 25
$49.5M
$60.6M
Q1 25
$8.4M
$27.3M
Q4 24
$178.3M
$11.6M
Q3 24
$60.1M
$66.8M
Q2 24
$28.5M
$62.7M
Free Cash Flow
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
$173.0M
$22.7M
Q3 25
$54.5M
$58.7M
Q2 25
$46.1M
$57.7M
Q1 25
$6.6M
$22.8M
Q4 24
$171.8M
$8.5M
Q3 24
$59.1M
$61.3M
Q2 24
$26.3M
$59.6M
FCF Margin
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
86.4%
9.8%
Q3 25
27.7%
21.2%
Q2 25
23.3%
21.9%
Q1 25
5.3%
9.9%
Q4 24
147.1%
4.4%
Q3 24
49.9%
26.9%
Q2 24
22.6%
26.3%
Capex Intensity
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
9.8%
2.6%
Q3 25
4.1%
1.1%
Q2 25
1.7%
1.1%
Q1 25
1.4%
2.0%
Q4 24
5.5%
1.6%
Q3 24
0.8%
2.4%
Q2 24
1.9%
1.4%
Cash Conversion
BUSE
BUSE
CSW
CSW
Q1 26
Q4 25
2.81×
Q3 25
1.09×
1.52×
Q2 25
1.04×
1.48×
Q1 25
0.78×
Q4 24
0.43×
Q3 24
1.88×
1.85×
Q2 24
1.04×
1.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BUSE
BUSE

Net Interest Income$154.0M78%
Noninterest Income$42.3M22%

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

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