FirstSun Capital Bancorp ( (FSUN) ) has released its Q2 earnings. Here is a breakdown of the information FirstSun Capital Bancorp presented to its investors.
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FirstSun Capital Bancorp, headquartered in Denver, Colorado, operates as a financial holding company for Sunflower Bank, N.A., providing a comprehensive range of banking and wealth management services across multiple states. The company is known for its relationship-focused business model and diversified service offerings.
In its second quarter of 2025, FirstSun Capital Bancorp reported a net income of $26.4 million, translating to $0.93 per diluted share, marking a notable increase from the previous year. The company highlighted strong deposit growth and a stable net interest margin, despite facing higher credit costs in a challenging banking environment.
Key financial metrics for the quarter included a net interest margin of 4.07%, a return on average total assets of 1.28%, and a return on average stockholders’ equity of 9.74%. The company also experienced a significant 13.2% annualized growth in deposits and a 1.4% annualized growth in loans. Noninterest income contributed 25.6% to total revenue, supported by increased mortgage banking income.
Despite the positive growth, the company faced an increase in credit costs, with net charge-offs rising to $13.5 million, primarily due to specific customer relationships in the commercial and industrial loan portfolio. However, the allowance for credit losses decreased slightly, reflecting improved asset quality.
Looking forward, FirstSun Capital Bancorp remains focused on credit administration and responsible growth, aiming to deliver optimal solutions to its customers across its expanding market footprint in the southwestern and western regions.