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FirstSun Capital Bancorp (FSUN) 10-Year Financial Performance & Capital Metrics

FSUN • • Banking & Credit
Financial ServicesRegional BanksCommunity & Regional Retail BankingWest Coast Community Banks
AboutFirstSun 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.Show more
  • Net Interest Income $297M +1.2%
  • Total Revenue $540M +11.3%
  • Net Income $76M -27.0%
  • Return on Equity 7.88% -37.1%
  • Net Interest Margin 3.67% -1.5%
  • Efficiency Ratio 47.18% +6.4%
  • ROA 0.95% -30.0%
  • Equity / Assets 12.86% +15.5%
  • Book Value per Share 37.10 +7.4%
  • Tangible BV/Share 30.50 +11.3%
  • Debt/Equity 0.11 -81.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 29.8%
  • ✓Strong NIM of 3.7%
  • ✓Efficient operations: 47.2% efficiency ratio
  • ✓Well capitalized: 12.9% equity/assets
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗Shares diluted 10.6% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y18.95%
3Y23.41%
TTM-

Profit (Net Income) CAGR

10Y-
5Y29.83%
3Y20.56%
TTM3.05%

EPS CAGR

10Y-
5Y26.82%
3Y15.63%
TTM-4.57%

ROCE

10Y Avg6.73%
5Y Avg7.97%
3Y Avg9.88%
Latest7.75%

Peer Comparison

West Coast Community Banks
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Size & Scale
Valuation
Per Share
Growth
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Quality & Returns
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BCALSouthern California Bancorp608.64M18.8385.5945.45%2.94%11.23%8.17%0.17
CWBCCommunity West Bancshares447.97M23.3851.9651.89%4.67%6.95%3.83%0.56
GBCIGlacier Bancorp, Inc.6.29B48.3928.8011.64%15.27%6.57%3.34%1.18
GBFHGBank Financial Holdings Inc.465.21M32.3623.282%30.99%11.8%5.65%0.22
BOHBank of Hawaii Corporation2.86B71.8620.776.6%14.57%10.28%5.9%0.45
HFWAHeritage Financial Corporation867.93M25.5620.614.64%13.64%6.33%7.03%0.47
HTBKHeritage Commerce Corp786.28M12.8219.423.35%16.12%6.19%4.75%0.06
NRIMNorthrim BanCorp, Inc.640.63M29.0017.4723.77%18.87%19.99%0.15

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+127.22M135.95M155.23M241.63M293.43M296.91M
NII Growth %-0.07%0.14%0.56%0.21%0.01%
Net Interest Margin %------
Interest Income155.84M156.84M169.35M266.82M413.68M459.54M
Interest Expense28.62M20.88M14.12M25.18M120.25M162.63M
Loan Loss Provision6.05M23.1M3M18.05M18.25M27.55M
Non-Interest Income+70.97M143.17M118M81.1M71.52M80.53M
Non-Interest Income %------
Total Revenue+226.81M300.01M287.36M347.92M485.21M540.07M
Revenue Growth %-0.32%-0.04%0.21%0.39%0.11%
Non-Interest Expense170.2M198.86M218.39M230.66M215.22M254.78M
Efficiency Ratio------
Operating Income+21.94M57.16M51.84M74.02M131.48M95.11M
Operating Margin %------
Operating Income Growth %-1.61%-0.09%0.43%0.78%-0.28%
Pretax Income+21.94M57.16M51.84M74.02M131.48M95.11M
Pretax Margin %------
Income Tax+1.44M9.58M8.68M14.84M27.95M19.48M
Effective Tax Rate %------
Net Income+20.5M47.59M43.16M59.18M103.53M75.63M
Net Margin %------
Net Income Growth %-1.32%-0.09%0.37%0.75%-0.27%
Net Income (Continuing)20.5M47.59M43.16M59.18M103.53M75.63M
EPS (Diluted)+0.821.911.742.484.082.69
EPS Growth %-1.33%-0.09%0.43%0.65%-0.34%
EPS (Basic)0.821.911.742.554.152.76
Diluted Shares Outstanding24.88M24.88M24.88M23.84M25.39M28.07M

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K
Cash & Due from Banks144.53M201.98M668.46M343.53M479.36M615.92M
Short Term Investments01000K1000K1000K1000K1000K
Total Investments+04.49B4.7B6.53B6.86B6.95B
Investments Growth %--0.05%0.39%0.05%0.01%
Long-Term Investments04.02B4.13B6B6.34B6.95B
Accounts Receivables01000K1000K1000K1000K1000K
Goodwill & Intangibles+------
Goodwill33.05M33.05M33.05M93.48M93.48M93.48M
Intangible Assets40.57M38.81M56.91M90.14M87.85M91.8M
PP&E (Net)61.98M56.76M53.15M116.52M109.07M104.96M
Other Assets3.91B80.11M109.81M166.99M157.82M153.31M
Total Current Assets144.53M738.22M1.26B917.83M1.04B664.98M
Total Non-Current Assets4.04B4.26B4.4B6.51B6.84B7.43B
Total Assets+4.19B5B5.67B7.43B7.88B8.1B
Asset Growth %-0.19%0.13%0.31%0.06%0.03%
Return on Assets (ROA)0%0.01%0.01%0.01%0.01%0.01%
Accounts Payable02.59M2.37M5.8M13.58M8.71M
Total Debt+139.06M183.73M162.01M792.11M515.9M114.92M
Net Debt-5.47M-18.24M-506.45M448.58M36.54M-501M
Long-Term Debt139.06M68.36M69.46M80.23M75.31M75.84M
Short-Term Debt0115.37M92.09M680.61M414.16M14.7M
Other Liabilities3.59B70.41M109.15M76.93M82.75M249.89M
Total Current Liabilities21.24M4.37B4.96B6.47B6.82B6.71B
Total Non-Current Liabilities3.73B138.77M179.07M188.44M184.5M350.1M
Total Liabilities3.76B4.51B5.14B6.66B7B7.06B
Total Equity+430.2M485.79M524.04M774.54M877.2M1.04B
Equity Growth %-0.13%0.08%0.48%0.13%0.19%
Equity / Assets (Capital Ratio)------
Return on Equity (ROE)0.05%0.1%0.09%0.09%0.13%0.08%
Book Value per Share17.2919.5321.0632.4934.5537.10
Tangible BV per Share------
Common Stock2K2K2K2K2K3K
Additional Paid-in Capital0259.36M261.9M460.72M462.68M547.33M
Retained Earnings207.87M255.45M298.62M357.8M457.52M533.15M
Accumulated OCI1.86M9.12M1.66M-43.98M-43.01M-39.11M
Treasury Stock0-38.15M-38.15M000
Preferred Stock000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+3.9M-547K113.11M96.92M125.18M101.12M
Operating CF Growth %--1.14%207.78%-0.14%0.29%-0.19%
Net Income20.5M47.59M43.16M59.18M103.53M75.63M
Depreciation & Amortization8.29M8.52M8.6M12.17M12.24M10.14M
Deferred Taxes1.61M-3.38M3.15M9.2M3.01M3.35M
Other Non-Cash Items-46.91M-66.93M77.19M41.73M11.97M9.41M
Working Capital Changes18.25M11.32M-21.98M-26.82M-7.71M214K
Cash from Investing+-217.15M-662.91M-293.92M-538.12M-327.28M-80.87M
Purchase of Investments-149.5M-101.97M-249.42M-67.88M-24.23M-21.19M
Sale/Maturity of Investments1000K1000K1000K1000K1000K1000K
Net Investment Activity------
Acquisitions0-7.02M0444.54M00
Other Investing-273M-757.9M-187.3M-1.09B-343.12M-117.72M
Cash from Financing+257.21M720.9M647.3M116.27M337.94M116.31M
Dividends Paid000000
Share Repurchases-36.71M-1.59M-456K-579K-167K0
Stock Issued1.63M000082.27M
Net Stock Activity------
Debt Issuance (Net)-1000K1000K-1000K1000K-1000K-1000K
Other Financing454M711.01M678.17M-336.29M597.98M288.5M
Net Change in Cash+43.96M57.45M466.48M-324.94M135.84M136.56M
Exchange Rate Effect000000
Cash at Beginning100.57M144.53M201.98M668.46M343.53M479.36M
Cash at End144.53M201.98M668.46M343.53M479.36M615.92M
Interest Paid28.56M22.01M14.42M26.16M112.54M167.13M
Income Taxes Paid520K8M6.6M6.18M28.46M14.94M
Free Cash Flow+-3.01M-6.7M109.65M94.72M120.91M95.71M
FCF Growth %--1.23%17.36%-0.14%0.28%-0.21%

Banking Ratios

Metric201920202021202220232024
Return on Equity (ROE)4.77%10.39%8.55%9.11%12.54%7.88%
Return on Assets (ROA)0.49%1.04%0.81%0.9%1.35%0.95%
Net Interest Margin3.04%2.72%2.74%3.25%3.72%3.67%
Efficiency Ratio75.04%66.28%76%66.3%44.36%47.18%
Equity / Assets10.28%9.72%9.25%10.42%11.13%12.86%
Book Value / Share17.2919.5321.0632.4934.5537.1
NII Growth-6.86%14.18%55.66%21.44%1.19%

Revenue by Segment

2021202220232024
Banking--43.97M45.81M
Banking Growth---4.19%
Mortgage Operations----
Mortgage Operations Growth----

Frequently Asked Questions

Valuation & Price

FirstSun Capital Bancorp (FSUN) has a price-to-earnings (P/E) ratio of 14.6x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

FirstSun Capital Bancorp (FSUN) grew revenue by 11.3% over the past year. This is steady growth.

Yes, FirstSun Capital Bancorp (FSUN) is profitable, generating $88.7M in net income for fiscal year 2024 (14.0% net margin).

Dividend & Returns

FirstSun Capital Bancorp (FSUN) has a return on equity (ROE) of 7.9%. This is below average, suggesting room for improvement.

Industry Metrics

FirstSun Capital Bancorp (FSUN) has a net interest margin (NIM) of 3.7%. This indicates healthy earnings from lending activities.

FirstSun Capital Bancorp (FSUN) has an efficiency ratio of 47.2%. This is excellent, indicating strong cost control.

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