FirstSun Capital Bancorp Faces Regulatory Challenges in Merger
Company Announcements

FirstSun Capital Bancorp Faces Regulatory Challenges in Merger

An update from FirstSun Capital Bancorp ( (FSUN) ) is now available.

FirstSun Capital Bancorp and HomeStreet, Inc. have hit a regulatory snag in their merger plans, lacking necessary approvals from the Federal Reserve and Texas Department of Banking. The companies are now considering alternative regulatory frameworks to proceed or potentially terminate the merger if feasible solutions aren’t found. Despite these challenges, both firms remain focused on engaging with regulators and pursuing their individual business prospects.

See more data about FSUN stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyDollar Tree downgraded, eBay upgraded: Wall Street’s top analyst calls
TheFlyWedbush upgrades HomeStreet on potential for another suitor
TheFlyHomeStreet downgraded to Neutral from Buy at Janney Montgomery Scott
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App