Want to see FSUN full AI Analyst Report?
Top Page
FirstSun Capital Bancorp
(NASDAQ:FSUN)
Select Model
Select Model
Rating:68Neutral
Price Target:
$43.00
▲(7.31% Upside)
Action:Downgraded
Date:10/27/26
FSUN’s score is driven primarily by solid financial stability (low leverage and strong capitalization) but meaningfully offset by TTM profitability compression (lower margins and ROE). The earnings call adds support via improving NIM, cost-synergy execution, and ongoing buybacks, while technicals are moderately constructive but with mixed momentum signals. Valuation is reasonable at ~18x earnings, though no dividend yield data is available to bolster the case.
Positive Factors
Strong capitalization
Low leverage and a substantial equity base provide a durable buffer against credit losses and funding stress. This capitalization also preserves flexibility to support organic loan growth, absorb integration effects, and return capital while maintaining balance-sheet resilience.
Negative Factors
Profitability compression
The sharp decline in net margin and return on equity shows that the larger capital base is currently producing weaker earnings efficiency. Unless margins and operating performance recover, lower profitability may constrain internal capital generation and reduce returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong capitalization
Low leverage and a substantial equity base provide a durable buffer against credit losses and funding stress. This capitalization also preserves flexibility to support organic loan growth, absorb integration effects, and return capital while maintaining balance-sheet resilience.
Read all positive factors
FirstSun Capital Bancorp (FSUN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.75B
Dividend YieldN/A
Average Volume (3M)352.31K
Price to Earnings (P/E)18.1
Beta (1Y)0.76
Revenue Growth27.40%
EPS Growth-37.23%
CountryUS
Employees1,630
SectorGeneral
Sector StrengthN/A
IndustryBanks - Regional
Share Statistics
EPS (TTM)2.00
Shares Outstanding43,950,367
10 Day Avg. Volume260,544
30 Day Avg. Volume352,307
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)0.91
Price to Sales (P/S)1.84
P/FCF Ratio10.08
Enterprise Value/Market Cap0.63
Enterprise Value/Revenue1.56
Enterprise Value/Gross Profit2.49
Enterprise Value/Ebitda6.75
Forecast
1Y Price Target
$45.67Price Target Upside13.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)3.31
Revenue Forecast (FY)$662.91M
FirstSun Capital Bancorp Business Overview & Revenue Model
Company Description
FirstSun Capital Bancorp functions as the parent entity for Sunflower Bank, offering a comprehensive suite of commercial and retail banking as well as financial solutions primarily to small and mid-sized businesses. Its deposit offerings include n...
How the Company Makes Money
FirstSun Capital Bancorp primarily makes money through its banking subsidiaries by generating net interest income and noninterest income. Net interest income is earned from the spread between interest received on interest-earning assets (such as c...
FirstSun Capital Bancorp Earnings Call Summary
Earnings Call Date:Oct 26, 2026
(Q3-2026)
| % Change Since: |
Next Earnings Date:Jan 22, 2027
Earnings Call Sentiment Positive
The call was broadly positive. Management reported strong adjusted earnings, net interest margin expansion, improving criticized-credit measures, meaningful progress on First Foundation integration and cost savings, strong pipelines, and continued capital returns. These positives were tempered by sequential declines in total loans and deposits, intensified deposit competition, lower mortgage-related fee revenue, merger-related expenses, credit provisions and charge-offs, and uncertainty around rates and mortgage activity.Positive Updates
Adjusted Earnings and Return on Assets
Third-quarter adjusted net income totaled $48.2 million, or $1.03 per diluted share, with an adjusted return on average assets of 1.23%.
Negative Updates
Decline in Total Service Fee Revenue
Third-quarter service fee revenue decreased approximately 4% from the prior quarter to approximately $39.4 million.
Read all updates
Q3-2026 Updates
Positive
Negative
Adjusted Earnings and Return on Assets
Third-quarter adjusted net income totaled $48.2 million, or $1.03 per diluted share, with an adjusted return on average assets of 1.23%.
Read all positive updates
Company Guidance
For Q4, management expects mid single digit growth for loans and deposits, excluding broker balances, net interest margin in the mid 3.80s, up slightly from our Q3 performance level, an efficiency ratio in the low 60s and improved slightly from our Q3 performance level, continued common share repurchases, and a probably a mid single digit decline in expenses from Q3; for the second half of 2026, loans are expected to be in low single digit territory and deposits closer to flat, while brokered deposits are expected to remain between 6% and 7% and below 10%; the company expects to capture the vast majority of the remaining incremental 30% run rate savings in the fourth quarter, total cost savings to slightly exceed the original $68.8 million target, and additional savings above that original target in the first quarter of next year, with efficiency continuing to improve modestly in 2027; the outlook assumes 1 rate increase in the fourth quarter, December specifically, and nothing factored in 2027, while the loan pipeline is 30% to 40% higher than earlier in the year and the company expects to complete the remaining $100 million of share repurchases over the next 3 quarters.FirstSun Capital Bancorp Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 702.38M | 569.65M | 540.07M | 485.21M | 347.92M | 287.36M |
| Gross Profit | 441.28M | 394.67M | 349.89M | 346.71M | 304.68M | 270.23M |
| EBITDA | 162.71M | 135.77M | 105.26M | 143.72M | 86.19M | 60.44M |
| Net Income | 46.71M | 97.94M | 75.63M | 103.53M | 59.18M | 43.16M |
Balance Sheet | ||||||
| Total Assets | 15.72B | 8.49B | 8.10B | 7.88B | 7.43B | 5.67B |
| Cash, Cash Equivalents and Short-Term Investments | 989.51M | 1.12B | 620.44M | 996.12M | 880.50M | 1.24B |
| Total Debt | 222.73M | 36.68M | 114.92M | 515.90M | 792.11M | 162.01M |
| Total Liabilities | 13.88B | 7.33B | 7.06B | 7.00B | 6.66B | 5.14B |
| Stockholders Equity | 1.84B | 1.15B | 1.04B | 877.20M | 774.54M | 524.04M |
Cash Flow | ||||||
| Free Cash Flow | 1.16B | 103.97M | 95.71M | 120.91M | 94.72M | 109.65M |
| Operating Cash Flow | 1.16B | 111.48M | 101.12M | 125.18M | 96.92M | 113.11M |
| Investing Cash Flow | 2.99B | -330.20M | -80.87M | -327.28M | -538.12M | -293.92M |
| Financing Cash Flow | -3.94B | 255.39M | 116.31M | 337.94M | 116.27M | 647.30M |
FirstSun Capital Bancorp Technical Analysis
Positive
40.07
Price Trends
39.45
Positive
38.43
Positive
37.85
Positive
Market Momentum
-0.03
Negative
58.07
Neutral
89.69
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FSUN, the sentiment is Positive. The current price of 40.07 is above the 20-day moving average (MA) of 38.72, above the 50-day MA of 39.45, and above the 200-day MA of 37.85, indicating a bullish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 58.07 is Neutral, neither overbought nor oversold. The STOCH value of 89.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FSUN.
FirstSun Capital Bancorp Risk Analysis
FirstSun Capital Bancorp disclosed 73 risk factors in its most recent earnings report. FirstSun Capital Bancorp reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
FirstSun Capital Bancorp Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $1.52B | 13.42 | 14.12% | 1.32% | 11.59% | 22.89% | |
74 Outperform | $1.17B | 12.11 | 10.41% | 2.13% | 2.41% | 26.67% | |
72 Outperform | $1.36B | 12.65 | 9.86% | 1.98% | 10.34% | 14.55% | |
68 Neutral | $1.75B | 18.09 | 4.14% | ― | 27.40% | -37.23% | |
68 Neutral | $1.41B | 11.51 | 10.15% | 3.11% | 13.89% | -13.75% | |
65 Neutral | $948.49M | 12.53 | 8.89% | 4.56% | -4.09% | -9.75% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
FSUN
FirstSun Capital Bancorp
39.80
-0.35
-0.87%
SBSI
Southside Bancshares
31.82
5.13
19.23%
UVSP
Univest Of Pennsylvania
42.25
12.73
43.10%
FMBH
First Mid-Illinois Bancshares
51.11
15.26
42.57%
AMAL
Amalgamated Bank
50.88
23.22
83.97%
BHRB
Burke & Herbert Bank & Company
70.08
10.73
18.07%
FirstSun Capital Bancorp Corporate Events
Business Operations and StrategyStock BuybackFinancial DisclosuresM&A Transactions
FirstSun Capital Bancorp Announces New Share Repurchase Program
Negative
Jul 27, 2026
FirstSun Capital Bancorp reported a net loss of $22.9 million, or $0.49 per diluted share, for the second quarter of 2026, versus net income of $26.4 million a year earlier, largely reflecting merger-related costs and two sizable commercial loan c...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.