FirstSun Capital Bancorp (FSUN) Stock

FirstSun Capital Bancorp (FSUN) is a Financials stock trading at $39.92 (as of 2026-08-20), with a market capitalization of $1.87B and a trailing P/E of 39.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

FirstSun Capital Bancorp is a bank holding company that operates Sunflower Bank, providing deposit accounts and lending such as commercial and consumer credit, including commercial real estate and home-related loans. It also offers treasury/cash management and wealth management and trust services to individuals and small and mid-sized businesses through branches in Kansas, Colorado, New Mexico, Texas, and Arizona.

Understand FirstSun Capital Bancorp: how it makes money

FirstSun Capital Bancorp operates Sunflower Bank, taking deposits and making commercial and consumer loans, and it also earns banking service fees (including mortgage banking-related fees).

Bank profitability comes from how much new lending they originate and how efficiently they fund that lending with deposits, while credit performance shows up in charge-offs and non-performing or non-performing-style loan metrics.

Business quality (Mixed): Solid set of credit and funding KPIs provided (charge-offs, non-performers, loan-to-deposit, cost of deposits), but there is no clean official segment revenue breakdown in the supplied facts.

Valuation: At 11× earnings, FSUN trades 11% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Lending activity: New Loan Fundings are 0.53 USD_B (an investor-relevant driver of fee and interest-generating assets).
Deposit franchise strength: Core Deposits are 93.0 percent and noninterest-bearing deposit mix is 22.9 percent, which can support funding stability.
Manageable credit cost signals: Net Charge-Offs are 0.01 USD_B, and Net Charge-Off Ratio Year to Date is 0.44 percent.

Bear case

Credit quality pressure: Non Performers are 0.86 percent, classified loan balances are 5.0 percent, and charge-off related measures are present (for example, Net Charge-Offs to Average Loans Ratio is 0.3 percent).
Funding balance and cost: Loan-to-Deposit Ratio is 94.3 percent, and Cost of Deposits is 2.31 percent, which can pressure net interest results if conditions worsen.
Fee income is not clearly accelerating: Service Fee Revenue Increase Versus Prior Period is 0.01 USD_B, while Mortgage Banking Service Fee Revenue Increase Versus Prior Period is 0.0 USD_B (no clear incremental contribution from that line in the provided snapshot).

Valuation — source: SEC EDGAR (first-party)
Price	$39.92
Market Cap	$1.87B
P/E Ratio	39.9
EV / EBITDA	12.9
Price / Book	1.02
Price / Sales	3.18
FCF Yield	62.0%
DCF Value (model)	$61.82
DCF Upside vs Price	54.9%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$467.77M
Net Margin	20.9%
Revenue Growth (YoY)	96.7%
EPS Growth (YoY)	-151.6%
FCF Growth (YoY)	8384.0%

Valuation vs Sector & Industry
Stock P/E	39.9
Sector P/E (Financials)	15.1
Industry P/E (Banking)	12.9
vs Sector	163.8%
vs Industry	209.1%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	WELLINGTON MANAGEMENT GROUP LLP ($105.02M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Neal E. Arnold
Employees	1,127
Country	US
IPO Date	2022-08-03

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.