FirstSun Capital Bancorp (FSUN) AI Stock Analysis

• Market Cap: $1.10B
• Dividend Yield: N/A
• Average Volume (3M): 179.17K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 0.65
• Revenue Growth: 6.59%
• EPS Growth: -3.66%
• Country: US
• Employees: 1,127
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.93
• Shares Outstanding: 27,835,050
• 10 Day Avg. Volume: 185,079
• 30 Day Avg. Volume: 179,167
• PEG Ratio: -0.43
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 2.03
• P/FCF Ratio: 11.48
• Enterprise Value/Market Cap: 0.28
• Enterprise Value/Revenue: 0.57
• Enterprise Value/Gross Profit: 0.83
• Enterprise Value/Ebitda: 2.54
• 1Y Price Target: $43.33
• Price Target Upside: 8.35% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 69 Neutral
• Price Target: $41.00 ▲(2.53% Upside)

FirstSun Capital Bancorp's strong financial performance, particularly in revenue growth and profitability, is a significant strength. The technical analysis shows a positive trend, although momentum indicators are neutral. The valuation is reasonable, but the lack of a dividend yield may deter some investors. Addressing the decline in free cash flow growth will be important for future performance.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust demand for FSUN's banking services, enhancing its market position and supporting long-term profitability.

Balance Sheet Health

A low debt-to-equity ratio suggests strong financial health, providing FSUN with flexibility to invest in growth opportunities and withstand economic downturns.

Operational Efficiency

Improved operational efficiency through higher EBIT and EBITDA margins enhances profitability, allowing FSUN to reinvest in its business and maintain competitive advantages.

Negative Factors

Decline in Free Cash Flow

A decline in free cash flow growth could limit FSUN's ability to fund new projects or return capital to shareholders, potentially impacting future growth.

Gross Profit Margin Decline

A declining gross profit margin may indicate rising costs or pricing pressures, which could erode profitability if not addressed.

EPS Growth Decline

Negative EPS growth suggests challenges in maintaining earnings momentum, which could affect investor confidence and long-term valuation.

FirstSun Capital Bancorp Business Overview & Revenue Model

Company Description

FirstSun 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.

How the Company Makes Money

FirstSun Capital Bancorp generates revenue primarily through interest income from loans and investments, as well as non-interest income from various banking services. The core revenue streams include interest earned on commercial and consumer loans, which constitute a significant portion of the company's earnings. Additionally, FSUN earns fees from deposit accounts, transaction services, and wealth management offerings. The bank's ability to attract deposits at competitive rates also contributes to its revenue model, as it allows for the funding of loans and investment activities. Strategic partnerships and community engagement enhance its market presence, driving customer loyalty and facilitating growth in its service offerings.

FirstSun Capital Bancorp Financial Statement Overview

Summary

FirstSun Capital Bancorp demonstrates strong revenue growth and profitability, supported by efficient operations and a solid balance sheet. While cash flow generation remains robust, the recent decline in free cash flow growth warrants attention.

Income Statement

FirstSun Capital Bancorp shows strong revenue growth with a TTM increase of 14.8%. The gross profit margin is healthy at 68.05%, and the net profit margin has improved to 16.26% in the TTM. EBIT and EBITDA margins have also increased, indicating operational efficiency. However, the gross profit margin has slightly declined from previous years, which could be a concern if the trend continues.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.08, reflecting prudent financial management. Return on equity is moderate at 8.37%, indicating decent profitability. The equity ratio is stable, suggesting a solid capital structure. However, the decline in debt levels from previous years should be monitored to ensure it does not impact growth opportunities.

Cash Flow

Operating cash flow is positive, but the free cash flow has seen a decline of 7.28% in the TTM. The free cash flow to net income ratio is strong at 92.24%, indicating efficient cash generation relative to earnings. However, the decline in free cash flow growth is a potential risk that needs addressing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	545.59M	540.07M	485.21M	347.92M	287.36M	300.01M
Gross Profit	371.29M	349.89M	346.71M	304.68M	270.23M	256.02M
EBITDA	121.76M	105.26M	143.72M	86.19M	60.44M	65.68M
Net Income	88.73M	75.63M	103.53M	59.18M	43.16M	47.59M
Balance Sheet
Total Assets	8.44B	8.10B	7.88B	7.43B	5.67B	5.00B
Cash, Cash Equivalents and Short-Term Investments	1.26B	620.44M	996.12M	880.50M	1.24B	670.56M
Total Debt	87.24M	114.92M	515.90M	792.11M	162.01M	183.73M
Total Liabilities	7.34B	7.06B	7.00B	6.66B	5.14B	4.51B
Stockholders Equity	1.10B	1.04B	877.20M	774.54M	524.04M	485.79M
Cash Flow
Free Cash Flow	87.13M	95.71M	120.91M	94.72M	109.65M	-6.70M
Operating Cash Flow	94.46M	101.12M	125.18M	96.92M	113.11M	-547.00K
Investing Cash Flow	-173.46M	-80.87M	-327.28M	-538.12M	-293.92M	-662.91M
Financing Cash Flow	328.35M	116.31M	337.94M	116.27M	647.30M	720.90M

FirstSun Capital Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 39.99
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FSUN, the sentiment is Positive. The current price of 39.99 is above the 20-day moving average (MA) of 38.65, above the 50-day MA of 37.59, and above the 200-day MA of 37.70, indicating a bullish trend. The MACD of 0.66 indicates Negative momentum. The RSI at 65.68 is Neutral, neither overbought nor oversold. The STOCH value of 82.93 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FSUN.

FirstSun Capital Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PFBC	79 Outperform	1.22B	9.62	17.12%	3.23%	-2.96%	-6.62%
PEBO	73 Outperform	1.09B	10.35	5.08%	5.33%	2.33%	-16.87%
OCFC	72 Outperform	1.03B	12.71	5.33%	4.46%	-0.91%	-14.86%
FSUN	69 Neutral	$1.10B	12.65	8.48%	―	6.59%	-3.66%
OBK	69 Neutral	1.10B	15.82	5.80%	1.70%	-4.48%	-14.67%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%