Gregory Lykins

Founder at

Armory Capital LLC

Net worth: 8 M $ as of 2026-05-30

78 year

63 connections

Finance

Commercial Services

Consumer Services

Profile

Gregory B. Lykins is the founder of Armory Capital LLC, serving as Partner since its founding in 2009.
Former positions include Chairman & Chief Executive Officer at Main Street Bank & Trust (Champaign, Illinois), Vice Chairman at Main Street Trust, Inc. from 2000 to 2001, Chairman at Main Street Trust, Inc. from 2004 to 2007, Vice Chairman at BankIllinois Financial Corp.
in 2004, Chairman at Busey Trust Co. from 2007 to 2018, Vice Chairman at First Busey Corp.
from 2020 to 2025, Director at FirsTech, Inc. from 2001 to 2004, Director at First National Bank of Decatur County (Bainbridge, Georgia) from 2001 to 2004, Director at Busey Wealth Management, Inc., Director at Busey Bank (Champaign, Illinois), and Partner at RSM US LLP from 1969 to 1983.
Education includes an undergraduate degree from the University of Illinois, conferred in 1969.

Known holdings in public companies

Company	Date	Number of shares	Valuation	Valuation date
FIRST BUSEY CORPORATION 0.31%	2025-01-30	276,400 ( 0.31% )	8 M $	2026-05-30

Gregory Lykins active positions

Companies	Position	Start
Armory Capital LLC Armory Capital LLC Investment ManagersFinance Armory Capital invests in companies located in the United States with an minimum revenue of USD 10 million. The firm targets companies operating across a broad range of sectors and industries. It provides financing for growth equity, MBO, shareholder liquidity and ownership transactions with an investment size ranging from USD 10 to 50 million. The firm makes co-investments and also acquires majority or minority investments.	Founder	2009-08-31

All active positions of Gregory Lykins

Former positions of Gregory Lykins

Companies	Position	End
FIRST BUSEY CORPORATION	Chairman	2020-07-21
Busey Bank (Champaign, Illinois) Busey Bank (Champaign, Illinois) Regional BanksFinance State chartered commercial bank	Director/Board Member	2025-02-28
Busey Trust Co. Busey Trust Co. Investment ManagersFinance Busey Trust Co. takes a conservative, quality-oriented investment approach. As long-term investors, they strive to minimize overall risk exposure, reduce return volatility and provide consistent returns year after year.	Chairman	2018-10-31
Main Street Bank & Trust (Champaign, Illinois) Main Street Bank & Trust (Champaign, Illinois) Regional BanksFinance BankIllinois screens for stocks that they consider undervalued relative to their own medium- and long-term prospects as well as to their global competitors. With this list of potential investments, they then complete a fundamental analysis for each of these companies. The remaining stocks that pass this complete analysis comprise the firm's Recommended for Purchase List. The portfolio managers then select stocks from this list for inclusion into portfolios.	Chairman	2007-11-08
Main Street Trust, Inc. Main Street Trust, Inc. Regional BanksFinance Provides state commercial banking services	Chairman	2007-06-30

See the detail of Gregory Lykins's experience

Training of Gregory Lykins

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Linked companies

Private companies	12
First Busey Corp. First Busey Corp. Regional BanksFinance Operates as a bank holding company which provides banking and wealth management services	Finance
Main Street Trust, Inc. Main Street Trust, Inc. Regional BanksFinance Provides state commercial banking services	Finance
Main Street Bank & Trust (Champaign, Illinois) Main Street Bank & Trust (Champaign, Illinois) Regional BanksFinance BankIllinois screens for stocks that they consider undervalued relative to their own medium- and long-term prospects as well as to their global competitors. With this list of potential investments, they then complete a fundamental analysis for each of these companies. The remaining stocks that pass this complete analysis comprise the firm's Recommended for Purchase List. The portfolio managers then select stocks from this list for inclusion into portfolios.	Finance
RSM US LLP RSM US LLP Miscellaneous Commercial ServicesCommercial Services Provides assurance, tax and consulting services	Commercial Services
BankIllinois Financial Corp. BankIllinois Financial Corp. Financial ConglomeratesFinance Bank holding company	Finance
University of Illinois University of Illinois Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Busey Bank (Champaign, Illinois) Busey Bank (Champaign, Illinois) Regional BanksFinance State chartered commercial bank	Finance
Busey Trust Co. Busey Trust Co. Investment ManagersFinance Busey Trust Co. takes a conservative, quality-oriented investment approach. As long-term investors, they strive to minimize overall risk exposure, reduce return volatility and provide consistent returns year after year.	Finance
FirsTech, Inc.	Finance
First National Bank of Decatur County (Bainbridge, Georgia) First National Bank of Decatur County (Bainbridge, Georgia) Major BanksFinance Nationally chartered commercial bank	Finance
Busey Wealth Management, Inc. Busey Wealth Management, Inc. Investment ManagersFinance Provides wealth management services	Finance
Armory Capital LLC Armory Capital LLC Investment ManagersFinance Armory Capital invests in companies located in the United States with an minimum revenue of USD 10 million. The firm targets companies operating across a broad range of sectors and industries. It provides financing for growth equity, MBO, shareholder liquidity and ownership transactions with an investment size ranging from USD 10 to 50 million. The firm makes co-investments and also acquires majority or minority investments.	Finance