BUSEP

First Busey Corporation Preferred Stock represents preferred equity in First Busey Corporation, the multi-state financial services company operating Busey Bank, Busey Wealth Management, and Busey Payment Tech. Preferred shares typically carry priority over common stock for dividend payments and liquidation proceeds but rank junior to all debt obligations. These securities provide investors with priority income from First Busey's diversified banking, wealth management, and payment processing businesses. Preferred shares pay fixed dividends as specified in offering terms, typically on a quarterly basis. As preferred securities, dividend payments must be made to preferred shareholders before any dividends to common stockholders, providing income priority. Preferred shareholders generally have limited or no voting rights except under specific circumstances such as dividend arrearages or actions affecting preferred shareholder rights. The securities may be perpetual with no maturity date or have call provisions allowing First Busey to redeem them after an initial non-call period. These preferred shares suit income investors seeking regular dividends, capital structure priority, and exposure to First Busey's established regional banking franchise. The company's financial strength reflects solid asset quality, capital adequacy, profitability across business lines (banking, wealth management, payments), and over 150 years of operating history. First Busey's geographic diversification across Illinois, Indiana, Missouri, and Florida and business line diversification provide revenue stability. Preferred share prices respond to interest rate movements (inverse relationship) and credit spreads reflecting First Busey's financial condition. Investors should evaluate both First Busey's business fundamentals including asset quality, deposit franchise strength, wealth management growth, and profitability, as well as preferred stock characteristics including dividend coverage, interest rate sensitivity, call risk, and subordination to debt while ranking senior to common equity.