NASDAQ : FSUN
FirstSun Capital Bancorp — Financial statements
Financials · Banks - Regional · United States
Last price 39.17 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 1.89B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 639.77M | 425.46M | 421.96M | 385.64M | 247.99M | 159.30M |
| Interest Income on Investments | 42.31M | 42.31M | 37.58M | 28.05M | 18.83M | 10.05M |
| Total Interest Income | 682.08M | 467.77M | 459.54M | 413.68M | 266.82M | 169.35M |
| Interest Paid on Deposits | 227.30M | 145.34M | 150.65M | 101.36M | 13.15M | 8.54M |
| Interest Paid on Borrowings | 5.04M | 5.04M | 11.98M | 18.90M | 12.03M | 5.58M |
| Total Interest Expense | 232.34M | 150.38M | 162.63M | 120.25M | 25.18M | 14.12M |
| Net Interest Income | 449.74M | 317.39M | 296.91M | 293.43M | 241.63M | 155.23M |
| Trust Income | 41.62M | 23.42M | 20.62M | 17.42M | 15.63M | 7.79M |
| Mortgage Banking Activities | 55.12M | 47.07M | 39.01M | 31.38M | 46.28M | 86.41M |
| Other Non-Interest Income | 17.17M | 12.34M | 9.51M | 8.67M | 6.59M | 7.17M |
| Total Non-Interest Income | 134.25M | 101.88M | 89.79M | 79.09M | 89.57M | 124.24M |
| Revenues Before Loan Losses | 583.99M | 419.27M | 386.70M | 372.52M | 331.20M | 279.48M |
| Provision for Loan Losses | 59.25M | 24.60M | 27.55M | 18.25M | 18.05M | 3.00M |
| Revenue | 524.74M | 394.67M | 359.15M | 354.28M | 313.15M | 276.48M |
| Salaries and Employee Benefits | 219.43M | 168.29M | 152.61M | 131.10M | 132.91M | 148.93M |
| Occupancy Expenses | 42.51M | 30.13M | 28.65M | 25.76M | 31.34M | 21.00M |
| Amortization of Goodwill & Intangibles | 9.61M | 2.41M | 2.77M | 4.82M | 4.21M | 1.42M |
| Selling, General & Administrative | 14.49M | 14.49M | 13.26M | 12.61M | 4.04M | 12.74M |
| Other Non-Interest Expense | 83.91M | 53.70M | 52.79M | 48.50M | 47.87M | 37.45M |
| Total Non-Interest Expense | 369.94M | 269.03M | 250.08M | 222.79M | 220.38M | 221.55M |
| EBT Excluding Unusual Items | 154.79M | 125.64M | 109.07M | 131.48M | 92.77M | 54.93M |
| Asset Writedown | -780.00K | |||||
| Pretax Income | 79.09M | 122.90M | 95.11M | 131.48M | 74.02M | 51.84M |
| Income Tax Expense | 17.17M | 24.96M | 19.48M | 27.95M | 14.84M | 8.68M |
| Net Income | 61.92M | 97.94M | 75.63M | 103.53M | 59.18M | 43.16M |
| Net Income to Common | 61.92M | 97.94M | 75.63M | 103.53M | 59.18M | 43.16M |
| Basic Shares Outstanding | 45.55M | 27.79M | 27.43M | 24.94M | 23.25M | 18.32M |
| Diluted Shares Outstanding | 45.55M | 28.25M | 28.07M | 25.39M | 23.84M | 18.77M |
| EPS (Basic) | 1.36 | 3.52 | 2.76 | 4.15 | 2.55 | 2.36 |
| EPS (Diluted) | 1.36 | 3.47 | 2.69 | 4.08 | 2.48 | 2.30 |
| Effective Tax Rate | 21.70% | 20.31% | 20.48% | 21.26% | 20.05% | 16.74% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 729.16M | 46.58M | 53.30M | 40.33M | 95.18M | 116.62M |
| Investment Securities | 32.21M | 163.46M | 124.56M | 127.51M | 126.97M | 47.14M |
| Trading Asset Securities | 22.38M | 36.09M | 35.08M | 40.29M | 10.81M | |
| Mortgage-Backed Securities | 1.83B | 398.92M | 404.98M | 430.60M | 451.26M | 544.90M |
| Total Investments | 1.86B | 584.76M | 565.62M | 593.19M | 618.52M | 602.85M |
| Gross Loans | 11.46B | 6.72B | 6.42B | 6.30B | 5.94B | 4.05B |
| Allowance for Loan Losses | -174.64M | -85.02M | -88.22M | -80.40M | -65.92M | -47.55M |
| Other Adjustments to Gross Loans | -13.54M | -10.22M | -12.86M | -17.10M | -9.52M | |
| Net Loans | 11.28B | 6.62B | 6.32B | 6.21B | 5.86B | 3.99B |
| Property, Plant & Equipment | 118.75M | 109.72M | 105.90M | 110.01M | 117.46M | 54.16M |
| Goodwill | 102.54M | 93.48M | 93.48M | 93.48M | 93.48M | 33.05M |
| Other Intangible Assets | 86.22M | 4.98M | 7.43M | 10.98M | 15.81M | 9.51M |
| Loans Held for Sale | 120.49M | 100.54M | 61.83M | 54.21M | 57.32M | 103.94M |
| Accrued Interest Receivable | 32.26M | 32.10M | 37.10M | 28.54M | 14.76M | |
| Other Receivables | 6.61M | 12.17M | 14.95M | 10.97M | 11.48M | |
| Restricted Cash | 606.01M | 562.61M | 439.03M | 248.35M | 551.84M | |
| Other Current Assets | 8.94M | 10.38M | 7.62M | 7.69M | 6.48M | |
| Long-Term Deferred Tax Assets | 34.87M | 41.20M | 46.26M | 48.35M | 23.03M | |
| Other Real Estate Owned & Foreclosed | 20.50M | 11.51M | 5.14M | 4.10M | 6.36M | 5.49M |
| Other Long-Term Assets | 956.42M | 217.52M | 209.75M | 197.38M | 191.01M | 133.47M |
| Total Assets | 15.28B | 8.49B | 8.10B | 7.88B | 7.43B | 5.67B |
| Accrued Expenses | 41.03M | 40.43M | 33.42M | 32.48M | 34.51M | |
| Interest Bearing Deposits | 10.30B | 4.85B | 4.35B | 3.75B | 3.02B | 3.11B |
| Institutional Deposits | 610.09M | 784.47M | 1.09B | 922.02M | 176.36M | |
| Non-Interest Bearing Deposits | 2.67B | 1.65B | 1.54B | 1.53B | 1.82B | 1.57B |
| Total Deposits | 12.97B | 7.11B | 6.67B | 6.37B | 5.77B | 4.85B |
| Short-Term Borrowings | 18.69M | 26.69M | 172.56M | 434.67M | 705.13M | 106.50M |
| Current Portion of Leases | 8.00M | |||||
| Accrued Interest Payable | 6.68M | 8.71M | 13.58M | 5.80M | 2.37M | |
| Long-Term Debt | 206.22M | 69.42M | 113.40M | 99.27M | 93.34M | 79.22M |
| Federal Home Loan Bank Debt, Long-Term | 40.00M | |||||
| Long-Term Leases | 21.05M | 24.38M | 26.43M | 31.27M | ||
| Other Long-Term Liabilities | 270.51M | 51.58M | 24.29M | 21.07M | 22.70M | 25.23M |
| Total Liabilities | 13.47B | 7.33B | 7.06B | 7.00B | 6.66B | 5.14B |
| Common Stock | 5.00K | 3.00K | 3.00K | 2.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 1.19B | 549.62M | 547.33M | 462.68M | 460.72M | 261.90M |
| Retained Earnings | 668.20M | 631.09M | 533.15M | 457.52M | 357.80M | 298.62M |
| Treasury Stock | -38.15M | |||||
| Comprehensive Income & Other | -47.16M | -27.35M | -39.11M | -43.01M | -43.98M | 1.66M |
| Shareholders' Equity | 1.81B | 1.15B | 1.04B | 877.20M | 774.54M | 524.04M |
| Total Liabilities & Equity | 15.28B | 8.49B | 8.10B | 7.88B | 7.43B | 5.67B |
| Total Debt | 224.91M | 125.16M | 310.34M | 560.36M | 829.74M | 225.72M |
| Net Cash (Debt) | 504.25M | -56.20M | -220.95M | -484.95M | -694.28M | -98.28M |
| Net Cash Per Share | 11.07 | -1.99 | -7.87 | -19.10 | -29.12 | -5.24 |
| Filing Date Shares Outstanding | 45.55M | 27.92M | 27.75M | 27.43M | 24.92M | 18.35M |
| Total Common Shares Outstanding | 45.55M | 27.89M | 27.71M | 24.96M | 24.92M | 18.35M |
| Book Value Per Share | 39.75 | 41.36 | 37.58 | 35.14 | 31.08 | 28.56 |
| Tangible Book Value | 1.62B | 1.05B | 940.45M | 772.73M | 665.25M | 481.48M |
| Tangible Book Value Per Share | 35.60 | 37.83 | 33.94 | 30.96 | 26.69 | 26.24 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 97.94M | 75.63M | 103.53M | 59.18M | 43.16M | |
| Depreciation & Amortization | 8.67M | 8.83M | 11.38M | 11.33M | 8.60M | |
| Other Amortization | 7.23M | 1.72M | 223.00K | 2.37M | 1.09M | |
| Gain (Loss) on Sale of Assets | 1.26M | 558.00K | 512.00K | 16.00K | -531.00K | |
| Gain (Loss) on Sale of Investments | 512.00K | 729.00K | 1.00M | 2.08M | 3.40M | |
| Total Asset Writedown | 780.00K | 720.00K | ||||
| Provision for Credit Losses | 24.60M | 27.55M | 18.25M | 18.05M | 3.00M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -42.33M | -12.71M | -2.65M | 47.03M | 127.57M | |
| Accrued Interest Receivable | -153.00K | 5.00M | -8.56M | -9.84M | 655.00K | |
| Change in Other Net Operating Assets | 12.41M | 92.00K | -6.93M | -20.00M | -22.41M | |
| Other Operating Activities | 12.11M | 4.94M | 5.21M | -5.40M | 7.64M | |
| Operating Cash Flow | 111.48M | 101.12M | 125.18M | 96.92M | 113.11M | |
| Capital Expenditures | -7.51M | -5.41M | -4.27M | -2.20M | -3.46M | |
| Sale of Property, Plant and Equipment | 41.00K | 2.00K | 5.00K | |||
| Cash Acquisitions | 444.54M | |||||
| Investment in Securities | 8.17M | 42.26M | 20.11M | 106.90M | -103.17M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -337.95M | -129.47M | -362.78M | -1.06B | -196.74M | |
| Other Investing Activities | 7.06M | 11.75M | 19.66M | -23.08M | 9.43M | |
| Investing Cash Flow | -330.20M | -80.87M | -327.28M | -538.12M | -293.92M | |
| Long-Term Debt Issued | 293.00M | 5.46B | 2.04B | 785.35M | ||
| Total Debt Issued | 293.00M | 5.46B | 2.04B | 785.35M | ||
| Short-Term Debt Repaid | -3.54M | -9.99M | -12.03M | -55.37M | -23.28M | |
| Long-Term Debt Repaid | -468.00M | -5.71B | -2.30B | -332.22M | -30.41M | |
| Total Debt Repaid | -471.54M | -5.72B | -2.31B | -387.59M | -53.69M | |
| Net Debt Issued (Repaid) | -178.54M | -264.46M | -271.90M | 397.76M | -53.69M | |
| Issuance of Common Stock | 82.27M | |||||
| Net Increase (Decrease) in Deposit Accounts | 435.17M | 298.50M | 610.01M | -280.91M | 701.44M | |
| Other Financing Activities | -1.24M | -167.00K | -579.00K | -456.00K | ||
| Financing Cash Flow | 255.39M | 116.31M | 337.94M | 116.27M | 647.30M | |
| Net Cash Flow | 36.67M | 136.56M | 135.84M | -324.94M | 466.48M | |
| Free Cash Flow | 103.97M | 95.71M | 120.91M | 94.72M | 109.65M | |
| Free Cash Flow Margin | 26.35% | 26.65% | 34.13% | 30.25% | 39.66% | |
| Free Cash Flow Per Share | 3.68 | 3.41 | 4.76 | 3.97 | 5.84 | |
| Cash Interest Paid | 150.92M | 167.13M | 112.54M | 26.16M | 14.42M | |
| Cash Income Tax Paid | 15.71M | 14.94M | 28.46M | 6.18M | 6.60M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.94B | 1.05B | 1.11B | 848.66M | 907.86M | |
| Last Close Price | 39.17 | 37.63 | 40.05 | 34.00 | 36.45 | |
| PE Ratio | 29.56 | 10.71 | 14.65 | 8.20 | 15.34 | |
| PS Ratio | 3.68 | 2.66 | 3.08 | 2.40 | 2.90 | |
| PB Ratio | 0.99 | 0.91 | 1.06 | 0.97 | 1.17 | |
| P/FCF Ratio | 1.67 | 10.09 | 11.58 | 7.02 | 9.59 | |
| P/OCF Ratio | 1.66 | 9.41 | 10.96 | 6.78 | 9.37 | |
| Debt / Equity Ratio | 0.12 | 0.11 | 0.30 | 0.64 | 1.07 | 0.43 |
| Debt / FCF Ratio | 1.20 | 3.24 | 4.63 | 8.76 | 2.06 | |
| Net Debt / Equity Ratio | -0.28 | 0.05 | 0.21 | 0.55 | 0.90 | 0.19 |
| Net Debt / FCF Ratio | 0.54 | 2.31 | 4.01 | 7.33 | 0.90 | |
| Return on Equity (ROE) | 4.21% | 8.92% | 7.88% | 12.54% | 9.12% | 8.55% |
| Return on Assets (ROA) | 0.52% | 1.18% | 0.95% | 1.35% | 0.90% | 0.81% |
| Earnings Yield | 3.38% | 9.33% | 6.83% | 12.20% | 6.52% | |
| FCF Yield | 59.93% | 9.91% | 8.64% | 14.25% | 10.43% | |
| Buyback Yield / Dilution | -61.02% | -0.65% | -10.56% | -6.50% | -27.00% | -1.60% |