FIRSTSUN CAPITAL BANCORP FSUN
We are a financial holding company headquartered in Denver, Colorado, providing a full spectrum of deposit, lending, treasury management, wealth management and online banking products and services through our two primary operating subsidiaries—Sunflower Bank, a national banking association headquartered in Dallas, Texas, that operates as Sunflower Bank, N.A. and First National 1870, a division of Sunflower Bank, N.A., and Sunflower Wealth Advisors LLC, a registered investment advisor organized under the laws of the State of Kansas that provides discretionary investment management to retail and institutional accounts. FirstSun has a third wholly-owned subsidiary, FEIF Capital Partners, LLC, a Delaware limited liability company, which is planned to serve as the investment manager of a prospective credit fund.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $467.8M | $459.5M | $413.7M | $266.8M | $169.4M | $156.8M | $155.8M | — |
| Interest expense | $317.4M | $296.9M | $293.4M | $241.6M | $14.1M | $20.9M | $28.6M | — |
| Pre-tax income | $122.9M | $95.1M | $131.5M | $74.0M | $51.8M | $57.2M | $21.9M | — |
| Income tax | $25.0M | $19.5M | $27.9M | $14.8M | $8.7M | $9.6M | $1.4M | — |
| Net income | $97.9M | $75.6M | $103.5M | $59.2M | $43.2M | $47.6M | $20.5M | — |
| EPS, basic | 3.52 | 2.76 | 4.15 | 2.55 | 2.36 | 2.60 | 1.05 | — |
| EPS, diluted | 3.47 | 2.69 | 4.08 | 2.48 | 2.30 | 2.58 | 1.03 | — |
| Shares, diluted (wtd. avg.) | $28.2M | $28.1M | $25.4M | $23.8M | $18.8M | $18.5M | $19.9M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $652.6M | $615.9M | $479.4M | $343.5M | $668.5M | $202.0M | $144.5M | $100.6M |
| Property, plant and equipment | $81.5M | $82.5M | $84.8M | $88.1M | $53.1M | $56.8M | — | — |
| Goodwill | $93.5M | $93.5M | $93.5M | $93.5M | $33.0M | $33.0M | — | — |
| Other intangibles | $5.0M | $7.4M | $11.0M | $15.8M | $8.2M | $9.7M | $9.9M | $11.8M |
| Total assets | $8.49B | $8.10B | $7.88B | $7.43B | $5.67B | $5.00B | $4.19B | — |
| Total liabilities | $7.33B | $7.06B | $7.00B | $6.66B | $5.14B | $4.51B | — | — |
| Retained earnings | $631.1M | $533.1M | $457.5M | $357.8M | $298.6M | $255.5M | — | — |
| Total equity | $1.15B | $1.04B | $877.2M | $774.5M | $524.0M | $485.8M | $430.2M | $430.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $111.5M | $101.1M | $125.2M | $96.9M | $113.1M | -$547.0K | $3.9M | — |
| Depreciation and amortisation | $8.2M | $7.4M | $7.4M | $8.0M | $7.2M | $6.0M | $5.4M | — |
| Stock-based compensation | $3.5M | $2.4M | $2.1M | $1.4M | $3.0M | $2.3M | $2.1M | — |
| Capital expenditure | $7.5M | $5.4M | $4.3M | $2.2M | $3.5M | $6.2M | $6.9M | — |
| Investing cash flow | -$330.2M | -$80.9M | -$327.3M | -$538.1M | -$293.9M | -$662.9M | -$217.1M | — |
| Financing cash flow | $255.4M | $116.3M | $337.9M | $116.3M | $647.3M | $720.9M | $257.2M | — |
| Dividends paid | $7.6M | $0 | $26.0M | $8.0M | $0 | $0 | $32.0M | — |
| Buybacks | — | — | $0 | $0 | $0 | $1.6M | $36.7M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001709442-26-000017.
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