Firstsun Capital Bancorp (NASDAQ:FSUN) Releases Quarterly Earnings Results

Firstsun Capital Bancorp (NASDAQ:FSUN) issued its quarterly earnings results on Monday. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05, Zacks reports. Firstsun Capital Bancorp had a net margin of 15.46% and a return on equity of 8.79%.

Firstsun Capital Bancorp Stock Down 1.0 %

Shares of FSUN stock opened at $40.87 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.28. Firstsun Capital Bancorp has a one year low of $33.31 and a one year high of $44.37. The stock’s 50 day moving average is $39.49.

Wall Street Analyst Weigh In

Several research firms have commented on FSUN. Keefe, Bruyette & Woods initiated coverage on shares of Firstsun Capital Bancorp in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $46.00 target price for the company. Raymond James upgraded Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 target price for the company in a research note on Tuesday, November 19th.

About Firstsun Capital Bancorp

FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers.