FirstSun Capital Bancorp (FSUN) AI Stock Analysis

• Market Cap: $1.00B
• Dividend Yield: N/A
• Average Volume (3M): 137.53K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.53
• Revenue Growth: 8.23%
• EPS Growth: -11.36%
• Country: US
• Employees: 1,127
• Sector: Financial
• Sector Strength: 88
• Industry: Banks - Regional
• EPS (TTM): 0.83
• Shares Outstanding: 27,753,918
• 10 Day Avg. Volume: 86,838
• 30 Day Avg. Volume: 137,526
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.52
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 8.43
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $45.50
• Price Target Upside: 25.03% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

FirstSun Capital Bancorp demonstrates strong financial performance with impressive revenue and net income growth, supported by a solid balance sheet. The technical analysis indicates mixed signals, with the stock trading below key moving averages but neutral RSI. Valuation is fair with a moderate P/E ratio, though the lack of dividend yield might deter some investors. The absence of recent earnings call data and corporate events keeps the focus on these core aspects.

Positive Factors

Financial Performance

FSUN's ROA has benefited from high performing net interest margin.

Growth Strategy

FSUN operates an established C&I organic growth strategy focused in growth markets in Dallas, Houston, Phoenix, Denver, and Southern California.

Market Position

FSUN is eligible for R2K Index addition, which could lead to a significant amount of shares being bought during the reconstitution process.

Negative Factors

Economic Conditions

The C&I loan portfolio represents a considerable portion of the loan portfolio and is consequently adverse to a downturn in economic conditions.

FirstSun Capital Bancorp Business Overview & Revenue Model

Company Description

FirstSun Capital Bancorp operates as a bank holding company for Sunflower Bank that provides a range of commercial and consumer banking, and financial services to small and medium-sized companies. The company offers deposit products, including noninterest bearing accounts, interest-bearing demand products, checking and savings accounts, money market and term certificate accounts, and certificates of deposit. It also provides commercial and industrial, owner-occupied and non-owner occupied commercial real estate mortgage, 1-4 family, home equity, and multi-family loans, as well as consumer loans comprising direct consumer installment loans, credit card accounts, overdrafts, and other revolving loans. In addition, it provides remote deposit and cash management products; treasury management products and services; and wealth management and trust products, including personal trust and agency accounts, employee benefit and retirement related trust and agency accounts, investment management and advisory agency accounts, and foundation and endowment trust and agency accounts. It provides its services through branches in Kansas, Colorado, New Mexico, Texas, and Arizona. The company was formerly known as Sunflower Financial, Inc. and changed its name to FirstSun Capital Bancorp in June 2017. FirstSun Capital Bancorp was founded in 1892 and is headquartered in Denver, Colorado.

How the Company Makes Money

FirstSun Capital Bancorp makes money through a variety of revenue streams typical of financial institutions. The primary sources of revenue include interest income from loans and credit products extended to customers, including personal loans, commercial loans, and mortgages. In addition to interest income, FSUN generates revenue through fees and service charges associated with banking operations, such as account maintenance fees, transaction fees, and wealth management services. The company may also earn income through investment activities and partnerships with financial service providers. Key factors contributing to its earnings include the management of interest rate spreads, effective risk management practices, and strategic growth initiatives within its target markets.

FirstSun Capital Bancorp Financial Statement Overview

Summary

FirstSun Capital Bancorp exhibits strong financial health with robust revenue and net income growth, a debt-free balance sheet, and positive cash flow generation. The company's ability to grow equity and manage liabilities effectively showcases stability and resilience. However, missing EBIT and EBITDA metrics limit a comprehensive analysis of operational efficiency.

Income Statement

FirstSun Capital Bancorp demonstrated impressive revenue growth with a strong revenue increase from $279 million in 2021 to $618 million in 2024. The net profit margin also shows a healthy trajectory with net income rising significantly over the years, indicating strong profitability. However, the absence of EBIT and EBITDA figures for the most recent period limits a complete margin analysis.

Balance Sheet

The company maintains a solid financial position with no debt reported in the most recent year and a strong equity base. The equity ratio has improved, indicating good financial health and stability. The increasing stockholders' equity and reduction in total liabilities reflect prudent financial management. However, the high level of cash and equivalents might suggest underutilization of resources.

Cash Flow

Operating cash flow remains positive and stable, with significant free cash flow generation in recent years. However, the volatility in investing cash flows and the fluctuating financing cash flows suggest potential risks in cash management. The operating cash flow to net income ratio indicates operational efficiency, but consistency in free cash flow growth is needed.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
61.83M	364.95M	322.73M	279.48M	279.12M
	Gross Profit
61.83M	364.95M	322.73M	279.48M	279.12M
	EBIT
-267.89M	136.31M	99.21M	51.84M	57.16M
	EBITDA
0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
75.63M	103.53M	59.18M	43.16M	47.59M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.08B	996.12M	880.50M	1.24B	670.56M
	Total Assets
8.10B	7.88B	7.43B	5.67B	5.00B
	Total Debt
100.22M	491.21M	755.39M	69.46M	68.36M
	Net Debt
-515.70M	11.85M	411.86M	-599.00M	-133.62M
	Total Liabilities
7.06B	7.00B	6.66B	5.14B	4.51B
	Stockholders Equity
1.04B	877.20M	774.54M	524.04M	485.79M
Cash Flow		Free Cash Flow
95.71M	120.91M	94.72M	109.65M	-6.70M
	Operating Cash Flow
101.12M	125.18M	96.92M	113.11M	-547.00K
	Investing Cash Flow
-80.87M	-327.28M	-538.12M	-293.92M	-662.91M
	Financing Cash Flow
116.31M	337.94M	116.27M	647.30M	720.90M

FirstSun Capital Bancorp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 36.39
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FSUN, the sentiment is Neutral. The current price of 36.39 is above the 20-day moving average (MA) of 35.00, above the 50-day MA of 36.39, and below the 200-day MA of 39.45, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.19 is Neutral, neither overbought nor oversold. The STOCH value of 65.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FSUN.

FirstSun Capital Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRKL	76 Outperform	$955.38M	13.20	6.01%	5.12%	4.33%	-11.14%
PFBC	76 Outperform	$1.09B	8.73	17.21%	3.49%	0.94%	-8.61%
PEBO	75 Outperform	$1.04B	9.28	10.12%	5.40%	7.34%	-4.94%
FSUN	73 Outperform	$1.00B	11.74	8.55%	―	8.23%	-11.36%
OCFC	72 Outperform	$976.17M	11.10	5.51%	4.81%	1.38%	-10.46%
OBK	70 Outperform	$1.01B	13.38	6.75%	1.82%	1.00%	-7.88%
Sector *	64 Neutral	$12.60B	9.73	7.92%	16985.68%	12.21%	-5.55%

FirstSun Capital Bancorp Corporate Events

FirstSun Capital Bancorp Ends Stockholders’ Agreement

FirstSun Capital Bancorp announced the termination of its Stockholders’ Agreement, effective February 21, 2025, which initially provided board representation rights to nine stockholders. Following this termination, the company established new Board Representative Letter Agreements with four stockholders, ensuring continued board representation or observer rights as long as they maintain a significant shareholding.