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FirstSun Capital Bancorp operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in the United States. It operates through Banking and Mortgage Operations segments. The company offers noninterest and interest-bearing deposit accounts, checking and savings accounts, money market and term certificate accounts, and treasury management products and services, as well as certificates of deposit. It also provides commercial and industrial loans, commercial real estate loans, residential mortgage loans, and small business administration loans, as well as consumer loans, including car, boat, and other recreational vehicle loans. In addition, the company offers residential real estate loans comprising 1-4 family loans, home equity loans, and multi-family loans, as well as credit card accounts, overdrafts, and other revolving loans. Further, it provides remote deposit and cash management products; wealth management services include private banking, wealth planning, investment management, and trust and retirement plan 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. Additionally, the company offers online banking and bill payment services, online cash management, safe deposit box rentals, and debit card and ATM card services; and packaging and securitization of loans to governmental agencies. It operates through branches in Texas, Kansas, Colorado, New Mexico, Arizona, California, and Washington. 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $409M | - | $98M | $104M | 8.5% | 8.4% | 29.5% |
| 2024 | $377M | - | $76M | $96M | 7.3% | 3.4% | -27.0% |
| 2023 | $365M | - | $104M | $121M | 11.8% | 13.1% | 74.9% |
| 2022 | $323M | - | $59M | $95M | 7.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 322.73 | 364.95 | 377.44 | 409.04 |
| Pretax Income | 74.02 | 131.48 | 95.11 | 122.90 |
| Tax Provision | 14.84 | 27.95 | 19.48 | 24.96 |
| Net Income | 59.18 | 103.53 | 75.63 | 97.94 |
| Net Income Common Stockholders | 59.18 | 103.53 | 75.63 | 97.94 |
| Interest Expense | 25.18 | 120.25 | 162.63 | 150.38 |
| Interest Income | 266.82 | 413.68 | 459.54 | 467.77 |
| Selling General And Administration | 142 | 142.46 | 164.21 | 180.38 |
| Normalized Income | 74.04 | 103.53 | 86.11 | 100.12 |
| Basic EPS | 2.55 | 4.15 | 2.76 | 0 |
| Diluted EPS | 2.48 | 4.08 | 2.69 | 0 |
| Tax Effect Of Unusual Items | -3.73 | 0 | -2.70 | -0.56 |
| Tax Rate For Calcs | 0.20 | 0.21 | 0.20 | 0.20 |
| Total Unusual Items | -18.59 | 0 | -13.18 | -2.74 |
| Total Unusual Items Excluding Goodwill | -18.59 | 0 | -13.18 | -2.74 |
| Net Income From Continuing Operation Net Minority Interest | 59.18 | 103.53 | 75.63 | 97.94 |
| Reconciled Depreciation | 12.17 | 12.24 | 10.14 | 10.66 |
| Net Interest Income | 241.63 | 293.43 | 296.91 | 317.39 |
| Net Income From Continuing And Discontinued Operation | 59.18 | 103.53 | 75.63 | 97.94 |
| Diluted Average Shares | 23.84 | 25.39 | 28.07 | 0 |
| Basic Average Shares | 23.25 | 24.94 | 27.43 | 0 |
| Diluted NI Availto Com Stockholders | 59.18 | 103.53 | 75.63 | 97.94 |
| Net Income Including Noncontrolling Interests | 59.18 | 103.53 | 75.63 | 97.94 |
| Net Income Continuous Operations | 59.18 | 103.53 | 75.63 | 97.94 |
| Special Income Charges | -18.75 | 0 | -13.18 | -2.74 |
| Restructuring And Mergern Acquisition | 18.75 | 0 | 13.18 | 2.74 |
| Gain On Sale Of Security | 12.27 | 1.44 | 3.19 | 4.50 |
| Depreciation Amortization Depletion Income Statement | 4.21 | 4.82 | 3.55 | 2.41 |
| Depreciation And Amortization In Income Statement | 4.21 | 4.82 | 3.55 | 2.41 |
| Amortization | 4.21 | 4.82 | 3.55 | 2.41 |
| Amortization Of Intangibles Income Statement | 4.21 | 4.82 | 3.55 | 2.41 |
| Selling And Marketing Expense | 2.59 | 2.81 | 3.26 | 2.85 |
| General And Administrative Expense | 139.41 | 139.65 | 160.95 | 177.53 |
| Insurance And Claims | 5.05 | 6.42 | 5.96 | 5.71 |
| Salaries And Wages | 134.36 | 133.23 | 154.99 | 171.82 |
| Operating Revenue | 322.73 | 364.95 | 377.44 | 409.04 |
| Occupancy And Equipment | 31.34 | 33.43 | 36.28 | 38.24 |
| Professional Expense And Contract Services Expense | 6.92 | 7.66 | 6.33 | 5.82 |
| Other Non Interest Expense | 27.43 | 26.85 | 31.23 | 31.95 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| FirstSun Capital Bancorpthis co. | FSUN | $1.6B | 10.44↓ discount | 0.86 | 8.5% | - |
| National Bank Holdings Corporation | NBHC | $1.6B | 17.37 | 1.37 | 7.9% | - |
| Bank First Corporation | BFC | $1.6B | 20.03 | 1.98 | 11.1% | - |
| German American Bancorp, Inc. | GABC | $1.6B | 14.07 | 1.39 | 9.7% | - |
| TriCo Bancshares | TCBK |
| $1.6B |
| 12.72 |
| 1.22 |
| 9.2% |
| - |
| Lakeland Financial Corporation | LKFN | $1.5B | 15.05 | 2.04 | 13.6% | - |
| QCR Holdings, Inc. | QCRH | $1.5B | 11.36 | 1.36 | 11.4% | - |
| Exzeo Group, Inc. | XZO | $1.5B | 16.44 | 5.82 | 32.6% | 10.44 |
| Byline Bancorp, Inc. | BY | $1.5B | 10.52 | 1.15 | 10.3% | - |
| Peer Median | - | 14.56 | 1.38 | 10.7% | 10.44 | |