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Side-by-side financial comparison of FIRST BUSEY CORP (BUSE) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $196.2M, roughly 1.4× FIRST BUSEY CORP). FIRST BUSEY CORP runs the higher net margin — 25.5% vs 5.6%, a 19.8% gap on every dollar of revenue. Over the past eight quarters, FIRST BUSEY CORP's revenue compounded faster (29.9% CAGR vs -9.6%).
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.
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
BUSE vs FOR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $196.2M | $273.0M |
| Net Profit | $50.0M | $15.4M |
| Gross Margin | — | 20.1% |
| Operating Margin | — | 7.6% |
| Net Margin | 25.5% | 5.6% |
| Revenue YoY | — | 9.0% |
| Net Profit YoY | 266.7% | -6.7% |
| EPS (diluted) | $1.00 | $0.30 |
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.
| Q1 26 | $196.2M | — | ||
| Q4 25 | $200.2M | $273.0M | ||
| Q3 25 | $196.3M | $670.5M | ||
| Q2 25 | $198.0M | $390.5M | ||
| Q1 25 | $125.0M | $351.0M | ||
| Q4 24 | $116.8M | $250.4M | ||
| Q3 24 | $118.5M | $551.3M | ||
| Q2 24 | $116.2M | $318.4M |
| Q1 26 | $50.0M | — | ||
| Q4 25 | — | $15.4M | ||
| Q3 25 | $57.1M | $86.9M | ||
| Q2 25 | $47.4M | $32.9M | ||
| Q1 25 | $-30.0M | $31.6M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | $32.0M | $81.5M | ||
| Q2 24 | $27.4M | $38.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 22.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 22.5% |
| Q1 26 | — | — | ||
| Q4 25 | 38.7% | 7.6% | ||
| Q3 25 | 39.4% | 16.9% | ||
| Q2 25 | 32.6% | 11.2% | ||
| Q1 25 | -26.1% | 11.6% | ||
| Q4 24 | 32.0% | 8.7% | ||
| Q3 24 | 35.9% | 19.7% | ||
| Q2 24 | 33.1% | 16.2% |
| Q1 26 | 25.5% | — | ||
| Q4 25 | — | 5.6% | ||
| Q3 25 | 29.1% | 13.0% | ||
| Q2 25 | 23.9% | 8.4% | ||
| Q1 25 | -24.0% | 9.0% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | 27.0% | 14.8% | ||
| Q2 24 | 23.5% | 12.2% |
| Q1 26 | $1.00 | — | ||
| Q4 25 | $0.81 | $0.30 | ||
| Q3 25 | $0.58 | $1.70 | ||
| Q2 25 | $0.52 | $0.65 | ||
| Q1 25 | $-0.44 | $0.62 | ||
| Q4 24 | $0.50 | $0.32 | ||
| Q3 24 | $0.55 | $1.59 | ||
| Q2 24 | $0.47 | $0.76 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $288.5M | $211.7M |
| Total DebtLower is stronger | — | $793.2M |
| Stockholders' EquityBook value | $2.5B | $1.8B |
| Total Assets | $18.1B | $3.2B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $288.5M | — | ||
| Q4 25 | $294.1M | $211.7M | ||
| Q3 25 | $385.5M | $379.2M | ||
| Q2 25 | $752.4M | $189.2M | ||
| Q1 25 | $1.2B | $174.3M | ||
| Q4 24 | $697.7M | $132.0M | ||
| Q3 24 | $553.7M | $481.2M | ||
| Q2 24 | $285.3M | $359.2M |
| Q1 26 | — | — | ||
| Q4 25 | $113.8M | $793.2M | ||
| Q3 25 | $92.4M | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | $0 | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M |
| Q1 26 | $2.5B | — | ||
| Q4 25 | $2.5B | $1.8B | ||
| Q3 25 | $2.4B | $1.8B | ||
| Q2 25 | $2.4B | $1.7B | ||
| Q1 25 | $2.2B | $1.6B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.3B | $1.5B |
| Q1 26 | $18.1B | — | ||
| Q4 25 | $18.1B | $3.2B | ||
| Q3 25 | $18.2B | $3.1B | ||
| Q2 25 | $18.9B | $3.1B | ||
| Q1 25 | $19.5B | $3.0B | ||
| Q4 24 | $12.0B | $3.0B | ||
| Q3 24 | $12.0B | $2.8B | ||
| Q2 24 | $12.0B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.05× | 0.44× | ||
| Q3 25 | 0.04× | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | 0.00× | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-157.0M |
| Free Cash FlowOCF − Capex | — | $-157.1M |
| FCF MarginFCF / Revenue | — | -57.5% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $192.6M | $-157.0M | ||
| Q3 25 | $62.5M | $256.3M | ||
| Q2 25 | $49.5M | $15.8M | ||
| Q1 25 | $8.4M | $-19.8M | ||
| Q4 24 | $178.3M | $-450.0M | ||
| Q3 24 | $60.1M | $119.2M | ||
| Q2 24 | $28.5M | $-61.7M |
| Q1 26 | — | — | ||
| Q4 25 | $173.0M | $-157.1M | ||
| Q3 25 | $54.5M | $255.6M | ||
| Q2 25 | $46.1M | $15.0M | ||
| Q1 25 | $6.6M | $-20.5M | ||
| Q4 24 | $171.8M | — | ||
| Q3 24 | $59.1M | $118.4M | ||
| Q2 24 | $26.3M | $-62.3M |
| Q1 26 | — | — | ||
| Q4 25 | 86.4% | -57.5% | ||
| Q3 25 | 27.7% | 38.1% | ||
| Q2 25 | 23.3% | 3.8% | ||
| Q1 25 | 5.3% | -5.8% | ||
| Q4 24 | 147.1% | — | ||
| Q3 24 | 49.9% | 21.5% | ||
| Q2 24 | 22.6% | -19.6% |
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | 0.0% | ||
| Q3 25 | 4.1% | 0.1% | ||
| Q2 25 | 1.7% | 0.2% | ||
| Q1 25 | 1.4% | 0.2% | ||
| Q4 24 | 5.5% | 0.0% | ||
| Q3 24 | 0.8% | 0.1% | ||
| Q2 24 | 1.9% | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | -10.19× | ||
| Q3 25 | 1.09× | 2.95× | ||
| Q2 25 | 1.04× | 0.48× | ||
| Q1 25 | — | -0.63× | ||
| Q4 24 | — | -27.27× | ||
| Q3 24 | 1.88× | 1.46× | ||
| Q2 24 | 1.04× | -1.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BUSE
| Net Interest Income | $154.0M | 78% |
| Noninterest Income | $42.3M | 22% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
