Stieven Capital Advisors Acquires 415,000 Shares of First Busey Corporation

The institutional investor now owns approximately 0.47% of the bank's stock.

Mar. 14, 2026 at 10:06am

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Stieven Capital Advisors L.P. has acquired a new position in First Busey Corporation (NASDAQ:BUSE), purchasing 415,000 shares of the bank's stock. The transaction, valued at around $9.6 million, makes Stieven Capital Advisors L.P. the owner of approximately 0.47% of First Busey's outstanding shares.

Why it matters

This acquisition represents a significant investment by Stieven Capital Advisors L.P. in First Busey Corporation, a regional bank headquartered in Champaign, Illinois. The move suggests the investment firm sees growth potential in First Busey's commercial lending, deposit-taking, and wealth management operations across its Midwest footprint.

The details

According to a filing with the Securities and Exchange Commission, Stieven Capital Advisors L.P. purchased the 415,000 shares of First Busey Corporation in the third quarter of the year. This transaction makes the stock Stieven Capital's 24th largest holding, accounting for approximately 1.8% of the firm's total portfolio.

  • Stieven Capital Advisors L.P. acquired the 415,000 shares of First Busey Corporation in the third quarter of 2026.

The players

Stieven Capital Advisors L.P.

An institutional investment firm that has now acquired a 0.47% stake in First Busey Corporation.

First Busey Corporation

A regional bank headquartered in Champaign, Illinois that provides commercial lending, deposit-taking, and wealth management services across the Midwest.

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The takeaway

This investment by Stieven Capital Advisors L.P. signals the firm's confidence in First Busey Corporation's ability to grow its commercial banking and wealth management operations in the Midwest region. It remains to be seen how this stake will impact First Busey's strategic direction going forward.