FirstSun Capital Bancorp Reports Third Quarter 2026 Results
Business Wire•26/10/2026•16:30 ET
0
Key Highlights
- ➤Net income $38.4 million, or $0.82 per diluted share, versus prior-quarter loss
- ➤Adjusted net income $48.2 million, or $1.03 per diluted share
- ➤Net interest margin rose 24 basis points to 3.82% sequentially
- ➤Repurchased 1,245,224 common shares for $49.7 million
- ➤Provision for credit losses fell to $4.4 million from $40.4 million
Expert Statements
Neal Arnold, Chief Executive Officer and President of FirstSun Capital Bancorp
“Third quarter results reflect our continued progress on our strategic priorities highlighted by an improved net interest margin as a result of continued balance sheet improvements, a strong diversified revenue profile and improved earnings performance, including benefits from operating synergies realized following the acquisition of First Foundation in the second quarter.”
Neal Arnold, Chief Executive Officer and President of FirstSun Capital Bancorp
“We believe our relationship-based business model, our presence in some of the stronger economic growth markets in the country and our disciplined focus on a balanced risk profile position us for continued success.”
Neal Arnold, Chief Executive Officer and President of FirstSun Capital Bancorp
“Additionally, in late September, we successfully completed the core system conversion of First Foundation, representing another important milestone in our overall integration plan.”
Neal Arnold, Chief Executive Officer and President of FirstSun Capital Bancorp
“I'm extremely proud of our teammates for all the hard work, planning and collaboration in completing the conversion while continuing to serve our great clients throughout the process.”
Neal Arnold, Chief Executive Officer and President of FirstSun Capital Bancorp
“We remain focused on continuing to grow our franchise and delivering strong financial results and sustainable long-term value for our stockholders.”
* Net income of $38.4 million, $0.82 per diluted share (adjusted, $48.2 million, $1.03 per diluted share, see “Non-GAAP Financial Measures and Reconciliations” below)
* Return on average total assets of 0.98% (adjusted, 1.23%, see “Non-GAAP Financial Measures and Reconciliations” below)
Get started
Create a free account to read the full story.