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FirstSun Capital Bancorp (FSUN) Financials

FirstSun Capital Bancorp logo
$37.90 +0.40 (+1.05%)
Closing price 03:59 PM Eastern
Extended Trading
$37.95 +0.05 (+0.15%)
As of 04:17 PM Eastern
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Annual Income Statements for FirstSun Capital Bancorp

Annual Income Statements for FirstSun Capital Bancorp

This table shows FirstSun Capital Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 43 59 104 76
Consolidated Net Income / (Loss)		 43 59 104 76
Net Income / (Loss) Continuing Operations		 43 59 104 76
Total Pre-Tax Income 		52 74 131 95
Total Revenue		 279 331 373 387
Net Interest Income / (Expense)		 155 242 293 297
Total Interest Income		 169 267 414 460
Loans and Leases Interest Income		 159 248 386 422
Investment Securities Interest Income		 7.98 13 17 18
Other Interest Income		 2.07 5.64 11 19
Total Interest Expense		 14 25 120 163
Deposits Interest Expense		 8.54 13 101 151
Federal Funds Purchased and Securities Sold Interest Expense		 0.06 0.12 0.23 0.19
Other Interest Expense		 5.52 12 19 12
Total Non-Interest Income		 124 90 79 90
Service Charges on Deposit Accounts		 13 9.86 9.94 9.50
Other Service Charges		 103 73 64 75
Net Realized & Unrealized Capital Gains on Investments		 0.77 0.16 -0.11 -0.03
Investment Banking Income		 7.80 6.81 5.69 5.79
Provision for Credit Losses		 3.00 18 18 28
Total Non-Interest Expense		 225 239 223 264
Salaries and Employee Benefits		 152 134 133 155
Net Occupancy & Equipment Expense		 28 31 33 36
Other Operating Expenses		 41 50 51 56
Amortization Expense		 1.42 4.22 4.82 3.55
Restructuring Charge		 3.09 19 0.00 13
Income Tax Expense		 8.68 15 28 19
Basic Earnings per Share		 $2.36 $2.55 $4.15 $2.76
Weighted Average Basic Shares Outstanding		 - - 27.43M 27.75M
Diluted Earnings per Share		 $2.30 $2.48 $4.08 $2.69
Weighted Average Diluted Shares Outstanding		 - - 27.43M 27.75M
Weighted Average Basic & Diluted Shares Outstanding		 - - 27.43M 27.75M

Quarterly Income Statements for FirstSun Capital Bancorp

This table shows FirstSun Capital Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 27 26 28 25 24 12 25 22 16 24
Consolidated Net Income / (Loss)		 27 26 28 25 24 12 25 22 16 24
Net Income / (Loss) Continuing Operations		 27 26 28 25 24 12 25 22 16 24
Total Pre-Tax Income 		34 33 36 32 30 15 31 29 20 30
Total Revenue		 93 93 98 92 89 94 96 98 99 96
Net Interest Income / (Expense)		 68 74 74 73 72 71 73 76 77 74
Total Interest Income		 74 95 102 107 110 110 115 119 116 110
Loans and Leases Interest Income		 68 89 95 100 102 102 105 108 106 101
Investment Securities Interest Income		 3.64 4.16 4.23 4.23 4.42 4.49 4.77 4.77 4.44 4.37
Other Interest Income		 1.85 2.14 2.49 2.98 3.41 3.29 4.57 5.72 5.53 5.40
Total Interest Expense		 5.28 21 28 33 38 39 42 43 39 36
Deposits Interest Expense		 3.27 14 21 31 36 36 38 40 36 34
Federal Funds Purchased and Securities Sold Interest Expense		 0.05 0.03 0.07 0.07 0.06 0.06 0.05 0.04 0.04 0.04
Other Interest Expense		 1.95 6.58 7.40 2.40 2.29 2.79 3.10 3.15 2.76 1.54
Total Non-Interest Income		 25 19 24 19 17 23 23 22 22 22
Service Charges on Deposit Accounts		 4.81 5.02 5.36 5.48 -5.91 2.34 5.95 6.24 -8.46 2.03
Other Service Charges		 18 12 17 12 21 19 16 14 29 18
Net Realized & Unrealized Capital Gains on Investments		 0.16 - 0.00 -0.64 - 0.00 0.01 -0.02 - 0.02
Investment Banking Income		 1.55 1.46 1.48 1.40 1.36 1.46 1.49 1.40 1.44 1.42
Provision for Credit Losses		 3.75 3.36 4.42 3.89 6.58 17 1.20 5.00 4.85 3.80
Total Non-Interest Expense		 56 56 58 56 52 62 64 65 74 63
Salaries and Employee Benefits		 33 35 34 34 30 37 40 39 38 40
Net Occupancy & Equipment Expense		 8.22 8.36 8.14 8.49 8.45 8.60 8.70 9.12 9.87 9.54
Other Operating Expenses		 14 12 14 13 13 13 14 14 16 13
Amortization Expense		 0.94 1.04 2.05 0.90 0.83 0.82 0.65 0.65 1.43 0.63
Restructuring Charge		 0.00 0.00 0.00 0.00 - 2.49 1.05 1.63 8.01 0.00
Income Tax Expense		 7.63 7.14 7.65 6.76 6.39 2.99 6.54 6.15 3.81 6.12
Basic Earnings per Share		 $1.07 $1.05 $1.12 $1.01 $0.97 $0.46 $0.90 $0.81 $0.59 $0.85
Weighted Average Basic Shares Outstanding		 - - - 24.96M 27.43M 27.44M 27.64M 27.67M 27.75M 27.83M
Diluted Earnings per Share		 $1.04 $1.03 $1.11 $1.00 $0.94 $0.45 $0.88 $0.79 $0.57 $0.83
Weighted Average Diluted Shares Outstanding		 - - - 24.96M 27.43M 27.44M 27.64M 27.67M 27.75M 27.83M
Weighted Average Basic & Diluted Shares Outstanding		 - - - 24.96M 27.43M 27.44M 27.64M 27.67M 27.75M 27.83M

Annual Cash Flow Statements for FirstSun Capital Bancorp

This table details how cash moves in and out of FirstSun Capital Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 466 -325 136 137
Net Cash From Operating Activities		 113 97 125 101
Net Cash From Continuing Operating Activities		 113 97 125 101
Net Income / (Loss) Continuing Operations		 43 59 104 76
Consolidated Net Income / (Loss)		 43 59 104 76
Provision For Loan Losses		 3.00 18 18 28
Depreciation Expense		 7.18 7.95 7.42 7.38
Amortization Expense		 5.48 6.57 3.83 3.17
Non-Cash Adjustments to Reconcile Net Income		 76 32 -0.15 -13
Changes in Operating Assets and Liabilities, net		 -22 -27 -7.71 0.21
Net Cash From Investing Activities		 -294 -538 -327 -81
Net Cash From Continuing Investing Activities		 -294 -538 -327 -81
Purchase of Property, Leasehold Improvements and Equipment		 -3.46 -2.20 -4.27 -5.41
Purchase of Investment Securities		 -249 337 -75 -66
Sale of Property, Leasehold Improvements and Equipment		 0.01 0.00 0.00 0.00
Sale and/or Maturity of Investments		 174 191 115 120
Other Investing Activities, net		 -215 -1,064 -363 -129
Net Cash From Financing Activities		 647 116 338 116
Net Cash From Continuing Financing Activities		 647 116 338 116
Net Change in Deposits		 701 -281 610 298
Issuance of Debt		 0.00 785 2,041 5,460
Issuance of Common Equity		 -0.46 -0.58 -0.17 82
Repayment of Debt		 -30 -332 -2,301 -5,715
Other Financing Activities, Net		 -23 -55 -12 -9.99
Cash Interest Paid		 8.75 12 92 155
Cash Income Taxes Paid		 6.60 6.18 28 15

Quarterly Cash Flow Statements for FirstSun Capital Bancorp

This table details how cash moves in and out of FirstSun Capital Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 18 45 104 -49 35 -96 152 38 42 5.46
Net Cash From Operating Activities		 55 25 41 19 41 27 21 48 4.96 26
Net Cash From Continuing Operating Activities		 55 25 41 19 41 27 21 48 4.96 26
Net Income / (Loss) Continuing Operations		 25 26 28 25 24 12 25 22 16 24
Consolidated Net Income / (Loss)		 25 26 28 25 24 12 25 22 16 24
Provision For Loan Losses		 5.60 3.36 4.42 3.89 6.58 17 1.20 5.00 4.85 3.80
Depreciation Expense		 2.65 1.89 1.90 1.87 1.76 1.79 1.81 1.84 1.93 2.04
Amortization Expense		 2.23 0.99 1.67 1.18 -0.01 0.72 0.70 1.07 0.69 2.08
Non-Cash Adjustments to Reconcile Net Income		 19 -7.35 1.89 2.20 3.11 2.90 -16 -4.29 4.88 -1.78
Changes in Operating Assets and Liabilities, net		 0.95 -0.38 2.83 -16 5.54 -7.11 8.97 22 -24 -3.35
Net Cash From Investing Activities		 -359 -138 -87 -4.14 -98 -25 -43 -105 92 -116
Net Cash From Continuing Investing Activities		 -359 -138 -87 -4.14 -98 -25 -43 -105 92 -116
Purchase of Property, Leasehold Improvements and Equipment		 -0.40 -1.06 -0.15 -0.16 -2.90 -1.01 -1.07 -1.07 -2.26 -2.01
Purchase of Investment Securities		 -22 -19 -2.49 -19 -35 -9.87 -49 -8.02 1.20 -23
Sale and/or Maturity of Investments		 20 30 13 41 31 29 55 12 24 19
Other Investing Activities, net		 -357 -148 -98 -26 -91 -43 -48 -108 69 -110
Net Cash From Financing Activities		 323 158 151 -63 93 -98 174 94 -54 95
Net Cash From Continuing Financing Activities		 323 158 151 -63 93 -98 174 94 -54 95
Net Change in Deposits		 4.95 229 156 190 34 71 174 30 22 202
Issuance of Debt		 590 467 640 440 494 373 1,676 1,966 1,445 293
Issuance of Common Equity		 -0.17 0.03 0.03 -0.01 -0.21 79 -0.02 3.38 -0.51 -0.48
Repayment of Debt		 -257 -534 -647 -686 -435 -618 -1,676 -1,896 -1,525 -393
Other Financing Activities, Net		 -15 -5.08 1.22 -6.99 -1.17 -4.27 -0.02 -9.50 3.79 -6.18
Cash Interest Paid		 5.31 10 16 34 32 38 41 40 36 34
Cash Income Taxes Paid		 -4.09 0.25 31 -7.75 5.31 0.01 5.27 0.33 9.33 0.10

Annual Balance Sheets for FirstSun Capital Bancorp

This table presents FirstSun Capital Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Total Assets		 7,430 7,880 8,097
Cash and Due from Banks		 344 479 616
Trading Account Securities		 626 554 504
Loans and Leases, Net of Allowance		 0.00 6,187 6,288
Loans Held for Sale		 57 54 62
Premises and Equipment, Net		 88 85 82
Goodwill		 93 93 93
Intangible Assets		 16 11 7.43
Other Assets		 6,206 378 415
Total Liabilities & Shareholders' Equity		 7,430 7,880 8,097
Total Liabilities		 6,656 7,003 7,056
Non-Interest Bearing Deposits		 1,820 1,531 1,541
Interest Bearing Deposits		 3,945 4,844 5,131
Short-Term Debt		 37 25 15
Accrued Interest Payable		 5.80 14 8.71
Long-Term Debt		 724 465 211
Other Long-Term Liabilities		 124 125 150
Commitments & Contingencies		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 775 877 1,041
Total Preferred & Common Equity		 775 877 1,041
Preferred Stock		 0.00 0.00 0.00
Total Common Equity		 775 877 1,041
Common Stock		 461 463 547
Retained Earnings		 358 458 533
Accumulated Other Comprehensive Income / (Loss)		 -44 -43 -39

Quarterly Balance Sheets for FirstSun Capital Bancorp

This table presents FirstSun Capital Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 7,757 7,782 7,999 8,138 8,216
Cash and Due from Banks		 444 384 536 574 621
Trading Account Securities		 533 563 559 565 516
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 6,392
Loans Held for Sale		 51 57 67 72 66
Premises and Equipment, Net		 84 84 83 83 82
Goodwill		 93 93 93 93 93
Intangible Assets		 12 10 9.52 8.87 6.81
Other Assets		 6,539 6,591 6,652 6,743 414
Total Liabilities & Shareholders' Equity		 7,757 7,782 7,999 8,138 8,216
Total Liabilities		 6,913 6,817 7,003 7,104 7,148
Non-Interest Bearing Deposits		 1,611 1,517 1,562 1,555 1,575
Interest Bearing Deposits		 4,729 4,928 5,057 5,095 5,300
Short-Term Debt		 26 20 20 11 8.52
Accrued Interest Payable		 9.86 12 9.20 9.02 9.06
Long-Term Debt		 405 220 221 291 111
Other Long-Term Liabilities		 132 119 133 144 145
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 844 965 997 1,034 1,068
Total Preferred & Common Equity		 844 965 997 1,034 1,068
Preferred Stock		 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 844 965 997 1,034 1,068
Common Stock		 463 543 543 547 547
Retained Earnings		 434 470 494 517 557
Accumulated Other Comprehensive Income / (Loss)		 -52 -48 -41 -30 -36

Annual Metrics And Ratios for FirstSun Capital Bancorp

This table displays calculated financial ratios and metrics derived from FirstSun Capital Bancorp's official financial filings.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - -
Revenue Growth		 0.00% 18.51% 12.48% 3.81%
EBITDA Growth		 0.00% 37.26% 61.20% -25.97%
EBIT Growth		 0.00% 42.78% 77.63% -27.66%
NOPAT Growth		 0.00% 37.11% 74.94% -26.95%
Net Income Growth		 0.00% 37.11% 74.94% -26.95%
EPS Growth		 0.00% 7.83% 64.52% -34.07%
Operating Cash Flow Growth		 0.00% -14.32% 29.16% -19.22%
Free Cash Flow Firm Growth		 0.00% 0.00% 118.44% -35.57%
Invested Capital Growth		 0.00% 0.00% -10.99% -7.30%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 2.49%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% -8.15%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% -9.73%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% -9.20%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% -9.20%
EPS Q/Q Growth		 0.00% 0.00% 0.00% -12.09%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% -9.82% -26.27%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% -5.15%
Profitability Metrics		 - - - -
EBITDA Margin		 23.08% 26.73% 38.31% 27.32%
EBIT Margin		 18.55% 22.35% 35.30% 24.60%
Profit (Net Income) Margin		 15.44% 17.87% 27.79% 19.56%
Tax Burden Percent		 83.26% 79.95% 78.74% 79.51%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 16.74% 20.05% 21.26% 20.49%
Return on Invested Capital (ROIC)		 0.00% 7.71% 7.14% 5.74%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 7.71% 7.14% 5.74%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 7.57% 5.40% 2.14%
Return on Equity (ROE)		 0.00% 15.28% 12.54% 7.88%
Cash Return on Invested Capital (CROIC)		 0.00% -192.29% 18.76% 13.32%
Operating Return on Assets (OROA)		 0.00% 1.00% 1.72% 1.19%
Return on Assets (ROA)		 0.00% 0.80% 1.35% 0.95%
Return on Common Equity (ROCE)		 0.00% 15.28% 12.54% 7.88%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 7.64% 11.80% 7.26%
Net Operating Profit after Tax (NOPAT)		 43 59 104 76
NOPAT Margin		 15.44% 17.87% 27.79% 19.56%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 64.25% 50.03% 44.74% 49.46%
Operating Expenses to Revenue		 80.38% 72.20% 59.81% 68.28%
Earnings before Interest and Taxes (EBIT)		 52 74 131 95
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 65 89 143 106
Valuation Ratios		 - - - -
Price to Book Value (P/BV)		 0.00 0.00 1.06 1.07
Price to Tangible Book Value (P/TBV)		 0.00 0.00 1.21 1.18
Price to Revenue (P/Rev)		 0.00 0.00 2.50 2.87
Price to Earnings (P/E)		 0.00 0.00 9.01 14.70
Dividend Yield		 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 11.10% 6.80%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.69 0.57
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 2.53 1.86
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 6.61 6.83
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 7.17 7.58
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 9.11 9.54
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 7.53 7.13
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 3.46 4.11
Leverage & Solvency		 - - - -
Debt to Equity		 0.00 0.98 0.56 0.22
Long-Term Debt to Equity		 0.00 0.93 0.53 0.20
Financial Leverage		 0.00 0.98 0.76 0.37
Leverage Ratio		 0.00 9.59 9.27 8.33
Compound Leverage Factor		 0.00 9.59 9.27 8.33
Debt to Total Capital		 0.00% 49.55% 35.82% 17.80%
Short-Term Debt to Total Capital		 0.00% 2.39% 1.81% 1.16%
Long-Term Debt to Total Capital		 0.00% 47.16% 34.01% 16.64%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 50.45% 64.18% 82.20%
Debt to EBITDA		 0.00 8.59 3.43 2.13
Net Debt to EBITDA		 0.00 4.71 0.07 -3.69
Long-Term Debt to EBITDA		 0.00 8.18 3.26 2.00
Debt to NOPAT		 0.00 12.86 4.73 2.98
Net Debt to NOPAT		 0.00 7.05 0.10 -5.16
Long-Term Debt to NOPAT		 0.00 12.24 4.49 2.79
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - -
Cash Flow Metrics		 - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -1,476 272 175
Operating Cash Flow to CapEx		 3,278.52% 4,417.27% 2,932.90% 1,868.44%
Free Cash Flow to Firm to Interest Expense		 0.00 -58.61 2.26 1.08
Operating Cash Flow to Interest Expense		 8.01 3.85 1.04 0.62
Operating Cash Flow Less CapEx to Interest Expense		 7.77 3.76 1.01 0.59
Efficiency Ratios		 - - - -
Asset Turnover		 0.00 0.04 0.05 0.05
Fixed Asset Turnover		 0.00 3.76 4.31 4.62
Capital & Investment Metrics		 - - - -
Invested Capital		 0.00 1,535 1,367 1,267
Invested Capital Turnover		 0.00 0.43 0.26 0.29
Increase / (Decrease) in Invested Capital		 0.00 1,535 -169 -100
Enterprise Value (EV)		 0.00 0.00 943 721
Market Capitalization		 0.00 0.00 933 1,112
Book Value per Share		 $0.00 $0.00 $35.15 $37.64
Tangible Book Value per Share		 $0.00 $0.00 $30.96 $33.99
Total Capital		 0.00 1,535 1,367 1,267
Total Debt		 0.00 761 489 226
Total Long-Term Debt		 0.00 724 465 211
Net Debt		 0.00 417 10 -390
Capital Expenditures (CapEx)		 3.45 2.19 4.27 5.41
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 0.00 761 489 226
Total Depreciation and Amortization (D&A)		 13 15 11 11
Earnings Adjustments		 - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $4.15 $2.76
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 27.43M 27.75M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $4.08 $2.69
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 27.43M 27.75M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 27.43M 27.75M
Normalized Net Operating Profit after Tax (NOPAT)		 46 74 104 86
Normalized NOPAT Margin		 16.36% 22.40% 27.79% 22.27%
Pre Tax Income Margin		 18.55% 22.35% 35.30% 24.60%
Debt Service Ratios		 - - - -
EBIT to Interest Expense		 3.67 2.94 1.09 0.58
NOPAT to Interest Expense		 3.06 2.35 0.86 0.47
EBIT Less CapEx to Interest Expense		 3.43 2.85 1.06 0.55
NOPAT Less CapEx to Interest Expense		 2.81 2.26 0.83 0.43
Payout Ratios		 - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for FirstSun Capital Bancorp

This table displays calculated financial ratios and metrics derived from FirstSun Capital Bancorp's official financial filings.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% -1.48% 0.00% 0.61% -1.99% 6.71% 10.52% 2.77%
EBITDA Growth		 0.00% 0.00% 0.00% -0.11% 0.00% -51.00% -14.31% -10.16% -29.17% 89.98%
EBIT Growth		 0.00% 0.00% 0.00% -6.29% 0.00% -54.26% -12.79% -10.71% -33.70% 94.20%
NOPAT Growth		 0.00% 0.00% 0.00% -4.83% 0.00% -53.21% -12.30% -11.14% -31.91% 91.68%
Net Income Growth		 0.00% 0.00% 0.00% -4.83% 0.00% -53.21% -12.30% -11.14% -31.91% 91.68%
EPS Growth		 0.00% 0.00% 0.00% -3.85% 0.00% -56.31% -20.72% -21.00% -39.36% 84.44%
Operating Cash Flow Growth		 0.00% 0.00% 0.00% 0.00% -24.96% 9.26% -48.59% 157.76% -87.89% -2.72%
Free Cash Flow Firm Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 96.92% 0.00% 103.45%
Invested Capital Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.78% -7.30% -1.46%
Revenue Q/Q Growth		 0.00% 0.00% 5.46% -6.18% -3.01% 4.84% 2.73% 2.14% 0.46% -2.51%
EBITDA Q/Q Growth		 0.00% 0.00% 8.05% -10.69% -8.22% -44.68% 88.96% -6.37% -27.63% 48.38%
EBIT Q/Q Growth		 0.00% 0.00% 6.70% -10.28% -4.96% -49.73% 103.44% -8.13% -29.44% 47.25%
NOPAT Q/Q Growth		 0.00% 0.00% 6.56% -9.91% -4.83% -48.80% 99.74% -8.71% -27.08% 44.15%
Net Income Q/Q Growth		 0.00% 0.00% 6.56% -9.91% -4.83% -48.80% 99.74% -8.71% -27.08% 44.15%
EPS Q/Q Growth		 0.00% 0.00% 7.77% -9.91% -6.00% -52.13% 95.56% -10.23% -27.85% 45.61%
Operating Cash Flow Q/Q Growth		 0.00% -54.61% 64.22% -54.13% 119.49% -33.91% -22.74% 129.97% -89.69% 431.10%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 100.00% 0.00% -1.67% 96.82% 401.46% -64.58%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 7.21% -11.80% 2.68% 7.93% -5.15% -6.25%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 37.54% 39.02% 39.98% 38.06% 36.01% 19.00% 34.95% 32.04% 23.08% 35.13%
EBIT Margin		 36.54% 35.92% 36.34% 34.75% 34.05% 16.33% 32.34% 29.08% 20.43% 30.86%
Profit (Net Income) Margin		 28.37% 28.24% 28.54% 27.41% 26.89% 13.13% 25.54% 22.83% 16.57% 24.50%
Tax Burden Percent		 77.66% 78.63% 78.54% 78.86% 78.98% 80.44% 78.98% 78.48% 81.11% 79.40%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 22.34% 21.37% 21.46% 21.14% 21.02% 19.56% 21.02% 21.52% 18.89% 20.60%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 7.33% 8.13% 15.32% 6.60% 4.87% 7.97%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 7.33% 8.13% 15.32% 6.60% 4.87% 7.97%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 4.09% 2.03% 3.70% 2.57% 1.81% 1.41%
Return on Equity (ROE)		 0.00% 0.00% 0.00% 0.00% 11.42% 10.16% 19.02% 9.17% 6.68% 9.38%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 19.92% 0.00% 0.00% 0.00% 13.32% 8.73%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 1.66% 0.78% 1.50% 1.38% 0.99% 1.50%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 1.31% 0.63% 1.18% 1.08% 0.80% 1.19%
Return on Common Equity (ROCE)		 0.00% 0.00% 0.00% 0.00% 11.42% 10.16% 19.02% 9.17% 6.68% 9.38%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% 0.00% 0.00% 9.28% 8.64% 8.05% 0.00% 8.13%
Net Operating Profit after Tax (NOPAT)		 27 26 28 25 24 12 25 22 16 24
NOPAT Margin		 28.37% 28.24% 28.54% 27.41% 26.89% 13.13% 25.54% 22.83% 16.57% 24.50%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 43.58% 46.65% 43.00% 46.12% 43.24% 49.08% 50.46% 49.30% 49.01% 51.03%
Operating Expenses to Revenue		 59.45% 60.47% 59.15% 61.02% 58.58% 66.05% 66.42% 65.83% 74.66% 65.19%
Earnings before Interest and Taxes (EBIT)		 34 33 36 32 30 15 31 29 20 30
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 35 36 39 35 32 18 34 31 23 34
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.86 1.06 1.02 0.96 1.14 1.07 0.94
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.99 1.21 1.14 1.07 1.27 1.18 1.04
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 2.50 2.63 2.58 3.12 2.87 2.58
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 9.01 10.96 11.14 14.15 14.70 11.58
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 11.10% 9.13% 8.98% 7.07% 6.80% 8.64%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.56 0.69 0.70 0.54 0.68 0.57 0.42
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 2.53 2.25 1.79 2.40 1.86 1.30
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 6.61 6.75 5.60 7.88 6.83 4.14
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 7.17 7.39 6.11 8.60 7.58 4.60
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 9.11 9.36 7.72 10.88 9.54 5.80
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 5.16 7.53 6.58 6.17 6.61 7.13 5.02
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.11 4.83
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.51 0.56 0.25 0.24 0.29 0.22 0.11
Long-Term Debt to Equity		 0.00 0.00 0.00 0.48 0.53 0.23 0.22 0.28 0.20 0.10
Financial Leverage		 0.00 0.00 0.00 0.51 0.56 0.25 0.24 0.39 0.37 0.18
Leverage Ratio		 0.00 0.00 0.00 9.19 9.27 8.07 8.03 8.46 8.33 7.87
Compound Leverage Factor		 0.00 0.00 0.00 9.19 9.27 8.07 8.03 8.46 8.33 7.87
Debt to Total Capital		 0.00% 0.00% 0.00% 33.81% 35.82% 19.97% 19.47% 22.58% 17.80% 10.06%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 2.03% 1.81% 1.69% 1.65% 0.82% 1.16% 0.72%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 31.78% 34.01% 18.27% 17.82% 21.76% 16.64% 9.34%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 0.00% 0.00% 66.19% 64.18% 80.03% 80.53% 77.42% 82.20% 89.94%
Debt to EBITDA		 0.00 0.00 0.00 0.00 3.43 1.94 2.03 2.62 2.13 0.98
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.07 -1.15 -2.49 -2.36 -3.69 -4.13
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 3.26 1.77 1.86 2.53 2.00 0.91
Debt to NOPAT		 0.00 0.00 0.00 0.00 4.73 2.69 2.80 3.62 2.98 1.37
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.10 -1.60 -3.42 -3.27 -5.16 -5.78
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 4.49 2.46 2.56 3.49 2.79 1.28
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 0.00 0.00 -1,250 0.00 -1,193 -1,213 -39 116 41
Operating Cash Flow to CapEx		 0.00% 2,339.06% 26,964.90% 11,971.15% 1,412.96% 2,676.98% 1,952.52% 4,511.34% 219.46% 1,311.09%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 -37.45 0.00 -30.41 -29.14 -0.90 2.98 1.14
Operating Cash Flow to Interest Expense		 0.00 1.19 1.44 0.56 1.08 0.69 0.50 1.13 0.13 0.73
Operating Cash Flow Less CapEx to Interest Expense		 0.00 1.14 1.44 0.56 1.00 0.66 0.48 1.10 0.07 0.68
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.00 0.05 0.05 0.05 0.05 0.05 0.05
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 4.31 4.44 4.45 4.54 4.62 4.68
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 0.00 0.00 0.00 1,275 1,367 1,205 1,238 1,336 1,267 1,188
Invested Capital Turnover		 0.00 0.00 0.00 0.00 0.27 0.62 0.60 0.29 0.29 0.33
Increase / (Decrease) in Invested Capital		 0.00 0.00 0.00 1,275 0.00 1,205 1,238 61 -100 -18
Enterprise Value (EV)		 0.00 0.00 0.00 716 943 838 664 907 721 504
Market Capitalization		 0.00 0.00 0.00 729 933 981 959 1,179 1,112 1,006
Book Value per Share		 $0.00 $0.00 $0.00 $33.80 $35.15 $35.17 $36.32 $37.41 $37.64 $38.49
Tangible Book Value per Share		 $0.00 $0.00 $0.00 $29.59 $30.96 $31.39 $32.56 $33.71 $33.99 $34.88
Total Capital		 0.00 0.00 0.00 1,275 1,367 1,205 1,238 1,336 1,267 1,188
Total Debt		 0.00 0.00 0.00 431 489 241 241 302 226 119
Total Long-Term Debt		 0.00 0.00 0.00 405 465 220 221 291 211 111
Net Debt		 0.00 0.00 0.00 -13 10 -143 -295 -272 -390 -502
Capital Expenditures (CapEx)		 0.00 1.06 0.15 0.16 2.90 1.01 1.07 1.07 2.26 2.01
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 0.00 0.00 0.00 431 489 241 241 302 226 119
Total Depreciation and Amortization (D&A)		 0.94 2.89 3.57 3.04 1.75 2.50 2.52 2.91 2.62 4.11
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $1.01 $0.97 $0.46 $0.90 $0.81 $0.59 $0.85
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 0.00 24.96M 27.43M 27.44M 27.64M 27.67M 27.75M 27.83M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $1.00 $0.94 $0.45 $0.88 $0.79 $0.57 $0.83
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 0.00 24.96M 27.43M 27.44M 27.64M 27.67M 27.75M 27.83M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 0.00 24.96M 27.43M 27.44M 27.64M 27.67M 27.75M 27.83M
Normalized Net Operating Profit after Tax (NOPAT)		 27 26 28 25 24 14 25 24 23 24
Normalized NOPAT Margin		 28.37% 28.24% 28.54% 27.41% 26.89% 15.27% 26.40% 24.13% 23.15% 24.50%
Pre Tax Income Margin		 36.54% 35.92% 36.34% 34.75% 34.05% 16.33% 32.34% 29.08% 20.43% 30.86%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 6.47 1.61 1.26 0.96 0.80 0.39 0.75 0.67 0.52 0.83
NOPAT to Interest Expense		 5.02 1.26 0.99 0.76 0.63 0.31 0.59 0.52 0.42 0.66
EBIT Less CapEx to Interest Expense		 0.00 1.56 1.26 0.95 0.73 0.36 0.72 0.64 0.46 0.77
NOPAT Less CapEx to Interest Expense		 0.00 1.21 0.99 0.75 0.56 0.29 0.56 0.50 0.36 0.60
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Key Financial Trends

FirstSun Capital Bancorp (NASDAQ: FSUN) has demonstrated notable financial trends and operational changes over the last four years through Q1 2025. Here's a summary of key observations from their quarterly financial statements analyzing income, cash flows, and balance sheet positions.

  • Net income has shown robust growth, rising from approximately $26.5 million in Q3 2022 to $23.6 million in Q1 2025, with quarterly volatility but a generally positive trend in earnings performance.
  • Net interest income remains strong and relatively stable, reaching $74.5 million in Q1 2025, reflecting solid core banking revenue from loans, leases, and investments.
  • Deposit balances have increased significantly, with interest-bearing deposits growing from about $4.7 billion in Q3 2023 to $5.3 billion by Q1 2025, indicating successful deposit gathering and funding stability.
  • The bank continues to expand its total assets steadily, from roughly $7.8 billion in early 2023 to $8.2 billion by Q1 2025, suggesting growth in lending and investment portfolios.
  • Provision for loan losses, while fluctuating, generally decreased from a high of $16.5 million in Q1 2024 to $3.8 million in Q1 2025, indicating improving credit quality or more conservative loss expectations.
  • Non-interest income, including service charges and investment banking income, remains a stable contributor to revenues but shows some variability quarter to quarter, with $21.7 million reported in Q1 2025.
  • Amortization and depreciation expenses have trended moderately upward, reflecting ongoing investments in premises and equipment as well as intangible asset amortization.
  • Cash flow from operating activities varies significantly each quarter, with a strong $26.4 million generated in Q1 2025, but also negative swings in investing cash flows due to securities purchases and sales.
  • There is substantial negative cash flow from investing activities, particularly in Q1 2025 ($116.2 million outflow), largely due to significant purchases of investment securities and large "other investing activities," which might signal heavy reinvestment or portfolio shifts.
  • The bank's long-term debt remains elevated and shows some volatility (e.g., $291 million in Q3 2024, reduced to $111 million by Q1 2025), suggesting management is actively managing leverage, but with exposure to refinancing or interest rate risk.

Summary: FirstSun Capital Bancorp is showing steady growth in core revenues, assets, and deposits, which is positive for future earnings potential. Improving credit provisions and strong operating cash flow in recent quarters support the company's financial health. However, large negative cash flows in investing activities and fluctuating debt levels warrant monitoring for risk exposure. Overall, the bank demonstrates resilience with manageable volatility typical in the financial sector.

08/27/25 04:18 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About FirstSun Capital Bancorp's Financials

When does FirstSun Capital Bancorp's financial year end?

According to the most recent income statement we have on file, FirstSun Capital Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has FirstSun Capital Bancorp's net income changed over the last 3 years?

FirstSun Capital Bancorp's net income appears to be on an upward trend, with a most recent value of $75.63 million in 2024, rising from $43.16 million in 2021. The previous period was $103.53 million in 2023. See where experts think FirstSun Capital Bancorp is headed by visiting FirstSun Capital Bancorp's forecast page.

How has FirstSun Capital Bancorp's revenue changed over the last 3 years?

Over the last 3 years, FirstSun Capital Bancorp's total revenue changed from $279.48 million in 2021 to $386.70 million in 2024, a change of 38.4%.

How much debt does FirstSun Capital Bancorp have?

FirstSun Capital Bancorp's total liabilities were at $7.06 billion at the end of 2024, a 0.8% increase from 2023, and a 6.0% increase since 2022.

How much cash does FirstSun Capital Bancorp have?

In the past 2 years, FirstSun Capital Bancorp's cash and equivalents has ranged from $343.53 million in 2022 to $615.92 million in 2024, and is currently $615.92 million as of their latest financial filing in 2024.

How has FirstSun Capital Bancorp's book value per share changed over the last 3 years?

Over the last 3 years, FirstSun Capital Bancorp's book value per share changed from 0.00 in 2021 to 37.64 in 2024, a change of 3,764.0%.


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This page (NASDAQ:FSUN) was last updated on 8/27/2025 by MarketBeat.com Staff
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