Annual Income Statements for FirstSun Capital Bancorp
This table shows FirstSun Capital Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for FirstSun Capital Bancorp
This table shows FirstSun Capital Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
27 |
26 |
28 |
25 |
24 |
12 |
25 |
22 |
16 |
24 |
Consolidated Net Income / (Loss) |
|
27 |
26 |
28 |
25 |
24 |
12 |
25 |
22 |
16 |
24 |
Net Income / (Loss) Continuing Operations |
|
27 |
26 |
28 |
25 |
24 |
12 |
25 |
22 |
16 |
24 |
Total Pre-Tax Income |
|
34 |
33 |
36 |
32 |
30 |
15 |
31 |
29 |
20 |
30 |
Total Revenue |
|
93 |
93 |
98 |
92 |
89 |
94 |
96 |
98 |
99 |
96 |
Net Interest Income / (Expense) |
|
68 |
74 |
74 |
73 |
72 |
71 |
73 |
76 |
77 |
74 |
Total Interest Income |
|
74 |
95 |
102 |
107 |
110 |
110 |
115 |
119 |
116 |
110 |
Loans and Leases Interest Income |
|
68 |
89 |
95 |
100 |
102 |
102 |
105 |
108 |
106 |
101 |
Investment Securities Interest Income |
|
3.64 |
4.16 |
4.23 |
4.23 |
4.42 |
4.49 |
4.77 |
4.77 |
4.44 |
4.37 |
Other Interest Income |
|
1.85 |
2.14 |
2.49 |
2.98 |
3.41 |
3.29 |
4.57 |
5.72 |
5.53 |
5.40 |
Total Interest Expense |
|
5.28 |
21 |
28 |
33 |
38 |
39 |
42 |
43 |
39 |
36 |
Deposits Interest Expense |
|
3.27 |
14 |
21 |
31 |
36 |
36 |
38 |
40 |
36 |
34 |
Federal Funds Purchased and Securities Sold Interest Expense |
|
0.05 |
0.03 |
0.07 |
0.07 |
0.06 |
0.06 |
0.05 |
0.04 |
0.04 |
0.04 |
Other Interest Expense |
|
1.95 |
6.58 |
7.40 |
2.40 |
2.29 |
2.79 |
3.10 |
3.15 |
2.76 |
1.54 |
Total Non-Interest Income |
|
25 |
19 |
24 |
19 |
17 |
23 |
23 |
22 |
22 |
22 |
Service Charges on Deposit Accounts |
|
4.81 |
5.02 |
5.36 |
5.48 |
-5.91 |
2.34 |
5.95 |
6.24 |
-8.46 |
2.03 |
Other Service Charges |
|
18 |
12 |
17 |
12 |
21 |
19 |
16 |
14 |
29 |
18 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.16 |
- |
0.00 |
-0.64 |
- |
0.00 |
0.01 |
-0.02 |
- |
0.02 |
Investment Banking Income |
|
1.55 |
1.46 |
1.48 |
1.40 |
1.36 |
1.46 |
1.49 |
1.40 |
1.44 |
1.42 |
Provision for Credit Losses |
|
3.75 |
3.36 |
4.42 |
3.89 |
6.58 |
17 |
1.20 |
5.00 |
4.85 |
3.80 |
Total Non-Interest Expense |
|
56 |
56 |
58 |
56 |
52 |
62 |
64 |
65 |
74 |
63 |
Salaries and Employee Benefits |
|
33 |
35 |
34 |
34 |
30 |
37 |
40 |
39 |
38 |
40 |
Net Occupancy & Equipment Expense |
|
8.22 |
8.36 |
8.14 |
8.49 |
8.45 |
8.60 |
8.70 |
9.12 |
9.87 |
9.54 |
Other Operating Expenses |
|
14 |
12 |
14 |
13 |
13 |
13 |
14 |
14 |
16 |
13 |
Amortization Expense |
|
0.94 |
1.04 |
2.05 |
0.90 |
0.83 |
0.82 |
0.65 |
0.65 |
1.43 |
0.63 |
Restructuring Charge |
|
0.00 |
0.00 |
0.00 |
0.00 |
- |
2.49 |
1.05 |
1.63 |
8.01 |
0.00 |
Income Tax Expense |
|
7.63 |
7.14 |
7.65 |
6.76 |
6.39 |
2.99 |
6.54 |
6.15 |
3.81 |
6.12 |
Basic Earnings per Share |
|
$1.07 |
$1.05 |
$1.12 |
$1.01 |
$0.97 |
$0.46 |
$0.90 |
$0.81 |
$0.59 |
$0.85 |
Weighted Average Basic Shares Outstanding |
|
- |
- |
- |
24.96M |
27.43M |
27.44M |
27.64M |
27.67M |
27.75M |
27.83M |
Diluted Earnings per Share |
|
$1.04 |
$1.03 |
$1.11 |
$1.00 |
$0.94 |
$0.45 |
$0.88 |
$0.79 |
$0.57 |
$0.83 |
Weighted Average Diluted Shares Outstanding |
|
- |
- |
- |
24.96M |
27.43M |
27.44M |
27.64M |
27.67M |
27.75M |
27.83M |
Weighted Average Basic & Diluted Shares Outstanding |
|
- |
- |
- |
24.96M |
27.43M |
27.44M |
27.64M |
27.67M |
27.75M |
27.83M |
Annual Cash Flow Statements for FirstSun Capital Bancorp
This table details how cash moves in and out of FirstSun Capital Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
466 |
-325 |
136 |
137 |
Net Cash From Operating Activities |
113 |
97 |
125 |
101 |
Net Cash From Continuing Operating Activities |
113 |
97 |
125 |
101 |
Net Income / (Loss) Continuing Operations |
43 |
59 |
104 |
76 |
Consolidated Net Income / (Loss) |
43 |
59 |
104 |
76 |
Provision For Loan Losses |
3.00 |
18 |
18 |
28 |
Depreciation Expense |
7.18 |
7.95 |
7.42 |
7.38 |
Amortization Expense |
5.48 |
6.57 |
3.83 |
3.17 |
Non-Cash Adjustments to Reconcile Net Income |
76 |
32 |
-0.15 |
-13 |
Changes in Operating Assets and Liabilities, net |
-22 |
-27 |
-7.71 |
0.21 |
Net Cash From Investing Activities |
-294 |
-538 |
-327 |
-81 |
Net Cash From Continuing Investing Activities |
-294 |
-538 |
-327 |
-81 |
Purchase of Property, Leasehold Improvements and Equipment |
-3.46 |
-2.20 |
-4.27 |
-5.41 |
Purchase of Investment Securities |
-249 |
337 |
-75 |
-66 |
Sale of Property, Leasehold Improvements and Equipment |
0.01 |
0.00 |
0.00 |
0.00 |
Sale and/or Maturity of Investments |
174 |
191 |
115 |
120 |
Other Investing Activities, net |
-215 |
-1,064 |
-363 |
-129 |
Net Cash From Financing Activities |
647 |
116 |
338 |
116 |
Net Cash From Continuing Financing Activities |
647 |
116 |
338 |
116 |
Net Change in Deposits |
701 |
-281 |
610 |
298 |
Issuance of Debt |
0.00 |
785 |
2,041 |
5,460 |
Issuance of Common Equity |
-0.46 |
-0.58 |
-0.17 |
82 |
Repayment of Debt |
-30 |
-332 |
-2,301 |
-5,715 |
Other Financing Activities, Net |
-23 |
-55 |
-12 |
-9.99 |
Cash Interest Paid |
8.75 |
12 |
92 |
155 |
Cash Income Taxes Paid |
6.60 |
6.18 |
28 |
15 |
Quarterly Cash Flow Statements for FirstSun Capital Bancorp
This table details how cash moves in and out of FirstSun Capital Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
18 |
45 |
104 |
-49 |
35 |
-96 |
152 |
38 |
42 |
5.46 |
Net Cash From Operating Activities |
|
55 |
25 |
41 |
19 |
41 |
27 |
21 |
48 |
4.96 |
26 |
Net Cash From Continuing Operating Activities |
|
55 |
25 |
41 |
19 |
41 |
27 |
21 |
48 |
4.96 |
26 |
Net Income / (Loss) Continuing Operations |
|
25 |
26 |
28 |
25 |
24 |
12 |
25 |
22 |
16 |
24 |
Consolidated Net Income / (Loss) |
|
25 |
26 |
28 |
25 |
24 |
12 |
25 |
22 |
16 |
24 |
Provision For Loan Losses |
|
5.60 |
3.36 |
4.42 |
3.89 |
6.58 |
17 |
1.20 |
5.00 |
4.85 |
3.80 |
Depreciation Expense |
|
2.65 |
1.89 |
1.90 |
1.87 |
1.76 |
1.79 |
1.81 |
1.84 |
1.93 |
2.04 |
Amortization Expense |
|
2.23 |
0.99 |
1.67 |
1.18 |
-0.01 |
0.72 |
0.70 |
1.07 |
0.69 |
2.08 |
Non-Cash Adjustments to Reconcile Net Income |
|
19 |
-7.35 |
1.89 |
2.20 |
3.11 |
2.90 |
-16 |
-4.29 |
4.88 |
-1.78 |
Changes in Operating Assets and Liabilities, net |
|
0.95 |
-0.38 |
2.83 |
-16 |
5.54 |
-7.11 |
8.97 |
22 |
-24 |
-3.35 |
Net Cash From Investing Activities |
|
-359 |
-138 |
-87 |
-4.14 |
-98 |
-25 |
-43 |
-105 |
92 |
-116 |
Net Cash From Continuing Investing Activities |
|
-359 |
-138 |
-87 |
-4.14 |
-98 |
-25 |
-43 |
-105 |
92 |
-116 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.40 |
-1.06 |
-0.15 |
-0.16 |
-2.90 |
-1.01 |
-1.07 |
-1.07 |
-2.26 |
-2.01 |
Purchase of Investment Securities |
|
-22 |
-19 |
-2.49 |
-19 |
-35 |
-9.87 |
-49 |
-8.02 |
1.20 |
-23 |
Sale and/or Maturity of Investments |
|
20 |
30 |
13 |
41 |
31 |
29 |
55 |
12 |
24 |
19 |
Other Investing Activities, net |
|
-357 |
-148 |
-98 |
-26 |
-91 |
-43 |
-48 |
-108 |
69 |
-110 |
Net Cash From Financing Activities |
|
323 |
158 |
151 |
-63 |
93 |
-98 |
174 |
94 |
-54 |
95 |
Net Cash From Continuing Financing Activities |
|
323 |
158 |
151 |
-63 |
93 |
-98 |
174 |
94 |
-54 |
95 |
Net Change in Deposits |
|
4.95 |
229 |
156 |
190 |
34 |
71 |
174 |
30 |
22 |
202 |
Issuance of Debt |
|
590 |
467 |
640 |
440 |
494 |
373 |
1,676 |
1,966 |
1,445 |
293 |
Issuance of Common Equity |
|
-0.17 |
0.03 |
0.03 |
-0.01 |
-0.21 |
79 |
-0.02 |
3.38 |
-0.51 |
-0.48 |
Repayment of Debt |
|
-257 |
-534 |
-647 |
-686 |
-435 |
-618 |
-1,676 |
-1,896 |
-1,525 |
-393 |
Other Financing Activities, Net |
|
-15 |
-5.08 |
1.22 |
-6.99 |
-1.17 |
-4.27 |
-0.02 |
-9.50 |
3.79 |
-6.18 |
Cash Interest Paid |
|
5.31 |
10 |
16 |
34 |
32 |
38 |
41 |
40 |
36 |
34 |
Cash Income Taxes Paid |
|
-4.09 |
0.25 |
31 |
-7.75 |
5.31 |
0.01 |
5.27 |
0.33 |
9.33 |
0.10 |
Annual Balance Sheets for FirstSun Capital Bancorp
This table presents FirstSun Capital Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
7,430 |
7,880 |
8,097 |
Cash and Due from Banks |
344 |
479 |
616 |
Trading Account Securities |
626 |
554 |
504 |
Loans and Leases, Net of Allowance |
0.00 |
6,187 |
6,288 |
Loans Held for Sale |
57 |
54 |
62 |
Premises and Equipment, Net |
88 |
85 |
82 |
Goodwill |
93 |
93 |
93 |
Intangible Assets |
16 |
11 |
7.43 |
Other Assets |
6,206 |
378 |
415 |
Total Liabilities & Shareholders' Equity |
7,430 |
7,880 |
8,097 |
Total Liabilities |
6,656 |
7,003 |
7,056 |
Non-Interest Bearing Deposits |
1,820 |
1,531 |
1,541 |
Interest Bearing Deposits |
3,945 |
4,844 |
5,131 |
Short-Term Debt |
37 |
25 |
15 |
Accrued Interest Payable |
5.80 |
14 |
8.71 |
Long-Term Debt |
724 |
465 |
211 |
Other Long-Term Liabilities |
124 |
125 |
150 |
Commitments & Contingencies |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
775 |
877 |
1,041 |
Total Preferred & Common Equity |
775 |
877 |
1,041 |
Preferred Stock |
0.00 |
0.00 |
0.00 |
Total Common Equity |
775 |
877 |
1,041 |
Common Stock |
461 |
463 |
547 |
Retained Earnings |
358 |
458 |
533 |
Accumulated Other Comprehensive Income / (Loss) |
-44 |
-43 |
-39 |
Quarterly Balance Sheets for FirstSun Capital Bancorp
This table presents FirstSun Capital Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
7,757 |
7,782 |
7,999 |
8,138 |
8,216 |
Cash and Due from Banks |
|
444 |
384 |
536 |
574 |
621 |
Trading Account Securities |
|
533 |
563 |
559 |
565 |
516 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
6,392 |
Loans Held for Sale |
|
51 |
57 |
67 |
72 |
66 |
Premises and Equipment, Net |
|
84 |
84 |
83 |
83 |
82 |
Goodwill |
|
93 |
93 |
93 |
93 |
93 |
Intangible Assets |
|
12 |
10 |
9.52 |
8.87 |
6.81 |
Other Assets |
|
6,539 |
6,591 |
6,652 |
6,743 |
414 |
Total Liabilities & Shareholders' Equity |
|
7,757 |
7,782 |
7,999 |
8,138 |
8,216 |
Total Liabilities |
|
6,913 |
6,817 |
7,003 |
7,104 |
7,148 |
Non-Interest Bearing Deposits |
|
1,611 |
1,517 |
1,562 |
1,555 |
1,575 |
Interest Bearing Deposits |
|
4,729 |
4,928 |
5,057 |
5,095 |
5,300 |
Short-Term Debt |
|
26 |
20 |
20 |
11 |
8.52 |
Accrued Interest Payable |
|
9.86 |
12 |
9.20 |
9.02 |
9.06 |
Long-Term Debt |
|
405 |
220 |
221 |
291 |
111 |
Other Long-Term Liabilities |
|
132 |
119 |
133 |
144 |
145 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
844 |
965 |
997 |
1,034 |
1,068 |
Total Preferred & Common Equity |
|
844 |
965 |
997 |
1,034 |
1,068 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
844 |
965 |
997 |
1,034 |
1,068 |
Common Stock |
|
463 |
543 |
543 |
547 |
547 |
Retained Earnings |
|
434 |
470 |
494 |
517 |
557 |
Accumulated Other Comprehensive Income / (Loss) |
|
-52 |
-48 |
-41 |
-30 |
-36 |
Annual Metrics And Ratios for FirstSun Capital Bancorp
This table displays calculated financial ratios and metrics derived from FirstSun Capital Bancorp's official financial filings.
Metric |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
- |
Revenue Growth |
0.00% |
18.51% |
12.48% |
3.81% |
EBITDA Growth |
0.00% |
37.26% |
61.20% |
-25.97% |
EBIT Growth |
0.00% |
42.78% |
77.63% |
-27.66% |
NOPAT Growth |
0.00% |
37.11% |
74.94% |
-26.95% |
Net Income Growth |
0.00% |
37.11% |
74.94% |
-26.95% |
EPS Growth |
0.00% |
7.83% |
64.52% |
-34.07% |
Operating Cash Flow Growth |
0.00% |
-14.32% |
29.16% |
-19.22% |
Free Cash Flow Firm Growth |
0.00% |
0.00% |
118.44% |
-35.57% |
Invested Capital Growth |
0.00% |
0.00% |
-10.99% |
-7.30% |
Revenue Q/Q Growth |
0.00% |
0.00% |
0.00% |
2.49% |
EBITDA Q/Q Growth |
0.00% |
0.00% |
0.00% |
-8.15% |
EBIT Q/Q Growth |
0.00% |
0.00% |
0.00% |
-9.73% |
NOPAT Q/Q Growth |
0.00% |
0.00% |
0.00% |
-9.20% |
Net Income Q/Q Growth |
0.00% |
0.00% |
0.00% |
-9.20% |
EPS Q/Q Growth |
0.00% |
0.00% |
0.00% |
-12.09% |
Operating Cash Flow Q/Q Growth |
0.00% |
0.00% |
-9.82% |
-26.27% |
Free Cash Flow Firm Q/Q Growth |
0.00% |
0.00% |
0.00% |
0.00% |
Invested Capital Q/Q Growth |
0.00% |
0.00% |
0.00% |
-5.15% |
Profitability Metrics |
- |
- |
- |
- |
EBITDA Margin |
23.08% |
26.73% |
38.31% |
27.32% |
EBIT Margin |
18.55% |
22.35% |
35.30% |
24.60% |
Profit (Net Income) Margin |
15.44% |
17.87% |
27.79% |
19.56% |
Tax Burden Percent |
83.26% |
79.95% |
78.74% |
79.51% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
16.74% |
20.05% |
21.26% |
20.49% |
Return on Invested Capital (ROIC) |
0.00% |
7.71% |
7.14% |
5.74% |
ROIC Less NNEP Spread (ROIC-NNEP) |
0.00% |
7.71% |
7.14% |
5.74% |
Return on Net Nonoperating Assets (RNNOA) |
0.00% |
7.57% |
5.40% |
2.14% |
Return on Equity (ROE) |
0.00% |
15.28% |
12.54% |
7.88% |
Cash Return on Invested Capital (CROIC) |
0.00% |
-192.29% |
18.76% |
13.32% |
Operating Return on Assets (OROA) |
0.00% |
1.00% |
1.72% |
1.19% |
Return on Assets (ROA) |
0.00% |
0.80% |
1.35% |
0.95% |
Return on Common Equity (ROCE) |
0.00% |
15.28% |
12.54% |
7.88% |
Return on Equity Simple (ROE_SIMPLE) |
0.00% |
7.64% |
11.80% |
7.26% |
Net Operating Profit after Tax (NOPAT) |
43 |
59 |
104 |
76 |
NOPAT Margin |
15.44% |
17.87% |
27.79% |
19.56% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
64.25% |
50.03% |
44.74% |
49.46% |
Operating Expenses to Revenue |
80.38% |
72.20% |
59.81% |
68.28% |
Earnings before Interest and Taxes (EBIT) |
52 |
74 |
131 |
95 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
65 |
89 |
143 |
106 |
Valuation Ratios |
- |
- |
- |
- |
Price to Book Value (P/BV) |
0.00 |
0.00 |
1.06 |
1.07 |
Price to Tangible Book Value (P/TBV) |
0.00 |
0.00 |
1.21 |
1.18 |
Price to Revenue (P/Rev) |
0.00 |
0.00 |
2.50 |
2.87 |
Price to Earnings (P/E) |
0.00 |
0.00 |
9.01 |
14.70 |
Dividend Yield |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
0.00% |
0.00% |
11.10% |
6.80% |
Enterprise Value to Invested Capital (EV/IC) |
0.00 |
0.00 |
0.69 |
0.57 |
Enterprise Value to Revenue (EV/Rev) |
0.00 |
0.00 |
2.53 |
1.86 |
Enterprise Value to EBITDA (EV/EBITDA) |
0.00 |
0.00 |
6.61 |
6.83 |
Enterprise Value to EBIT (EV/EBIT) |
0.00 |
0.00 |
7.17 |
7.58 |
Enterprise Value to NOPAT (EV/NOPAT) |
0.00 |
0.00 |
9.11 |
9.54 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
0.00 |
0.00 |
7.53 |
7.13 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
0.00 |
0.00 |
3.46 |
4.11 |
Leverage & Solvency |
- |
- |
- |
- |
Debt to Equity |
0.00 |
0.98 |
0.56 |
0.22 |
Long-Term Debt to Equity |
0.00 |
0.93 |
0.53 |
0.20 |
Financial Leverage |
0.00 |
0.98 |
0.76 |
0.37 |
Leverage Ratio |
0.00 |
9.59 |
9.27 |
8.33 |
Compound Leverage Factor |
0.00 |
9.59 |
9.27 |
8.33 |
Debt to Total Capital |
0.00% |
49.55% |
35.82% |
17.80% |
Short-Term Debt to Total Capital |
0.00% |
2.39% |
1.81% |
1.16% |
Long-Term Debt to Total Capital |
0.00% |
47.16% |
34.01% |
16.64% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
0.00% |
50.45% |
64.18% |
82.20% |
Debt to EBITDA |
0.00 |
8.59 |
3.43 |
2.13 |
Net Debt to EBITDA |
0.00 |
4.71 |
0.07 |
-3.69 |
Long-Term Debt to EBITDA |
0.00 |
8.18 |
3.26 |
2.00 |
Debt to NOPAT |
0.00 |
12.86 |
4.73 |
2.98 |
Net Debt to NOPAT |
0.00 |
7.05 |
0.10 |
-5.16 |
Long-Term Debt to NOPAT |
0.00 |
12.24 |
4.49 |
2.79 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
0.00 |
-1,476 |
272 |
175 |
Operating Cash Flow to CapEx |
3,278.52% |
4,417.27% |
2,932.90% |
1,868.44% |
Free Cash Flow to Firm to Interest Expense |
0.00 |
-58.61 |
2.26 |
1.08 |
Operating Cash Flow to Interest Expense |
8.01 |
3.85 |
1.04 |
0.62 |
Operating Cash Flow Less CapEx to Interest Expense |
7.77 |
3.76 |
1.01 |
0.59 |
Efficiency Ratios |
- |
- |
- |
- |
Asset Turnover |
0.00 |
0.04 |
0.05 |
0.05 |
Fixed Asset Turnover |
0.00 |
3.76 |
4.31 |
4.62 |
Capital & Investment Metrics |
- |
- |
- |
- |
Invested Capital |
0.00 |
1,535 |
1,367 |
1,267 |
Invested Capital Turnover |
0.00 |
0.43 |
0.26 |
0.29 |
Increase / (Decrease) in Invested Capital |
0.00 |
1,535 |
-169 |
-100 |
Enterprise Value (EV) |
0.00 |
0.00 |
943 |
721 |
Market Capitalization |
0.00 |
0.00 |
933 |
1,112 |
Book Value per Share |
$0.00 |
$0.00 |
$35.15 |
$37.64 |
Tangible Book Value per Share |
$0.00 |
$0.00 |
$30.96 |
$33.99 |
Total Capital |
0.00 |
1,535 |
1,367 |
1,267 |
Total Debt |
0.00 |
761 |
489 |
226 |
Total Long-Term Debt |
0.00 |
724 |
465 |
211 |
Net Debt |
0.00 |
417 |
10 |
-390 |
Capital Expenditures (CapEx) |
3.45 |
2.19 |
4.27 |
5.41 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
0.00 |
761 |
489 |
226 |
Total Depreciation and Amortization (D&A) |
13 |
15 |
11 |
11 |
Earnings Adjustments |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
$0.00 |
$0.00 |
$4.15 |
$2.76 |
Adjusted Weighted Average Basic Shares Outstanding |
0.00 |
0.00 |
27.43M |
27.75M |
Adjusted Diluted Earnings per Share |
$0.00 |
$0.00 |
$4.08 |
$2.69 |
Adjusted Weighted Average Diluted Shares Outstanding |
0.00 |
0.00 |
27.43M |
27.75M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
0.00 |
0.00 |
27.43M |
27.75M |
Normalized Net Operating Profit after Tax (NOPAT) |
46 |
74 |
104 |
86 |
Normalized NOPAT Margin |
16.36% |
22.40% |
27.79% |
22.27% |
Pre Tax Income Margin |
18.55% |
22.35% |
35.30% |
24.60% |
Debt Service Ratios |
- |
- |
- |
- |
EBIT to Interest Expense |
3.67 |
2.94 |
1.09 |
0.58 |
NOPAT to Interest Expense |
3.06 |
2.35 |
0.86 |
0.47 |
EBIT Less CapEx to Interest Expense |
3.43 |
2.85 |
1.06 |
0.55 |
NOPAT Less CapEx to Interest Expense |
2.81 |
2.26 |
0.83 |
0.43 |
Payout Ratios |
- |
- |
- |
- |
Dividend Payout Ratio |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
0.00% |
0.00% |
0.00% |
0.00% |
Quarterly Metrics And Ratios for FirstSun Capital Bancorp
This table displays calculated financial ratios and metrics derived from FirstSun Capital Bancorp's official financial filings.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.00% |
0.00% |
0.00% |
-1.48% |
0.00% |
0.61% |
-1.99% |
6.71% |
10.52% |
2.77% |
EBITDA Growth |
|
0.00% |
0.00% |
0.00% |
-0.11% |
0.00% |
-51.00% |
-14.31% |
-10.16% |
-29.17% |
89.98% |
EBIT Growth |
|
0.00% |
0.00% |
0.00% |
-6.29% |
0.00% |
-54.26% |
-12.79% |
-10.71% |
-33.70% |
94.20% |
NOPAT Growth |
|
0.00% |
0.00% |
0.00% |
-4.83% |
0.00% |
-53.21% |
-12.30% |
-11.14% |
-31.91% |
91.68% |
Net Income Growth |
|
0.00% |
0.00% |
0.00% |
-4.83% |
0.00% |
-53.21% |
-12.30% |
-11.14% |
-31.91% |
91.68% |
EPS Growth |
|
0.00% |
0.00% |
0.00% |
-3.85% |
0.00% |
-56.31% |
-20.72% |
-21.00% |
-39.36% |
84.44% |
Operating Cash Flow Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
-24.96% |
9.26% |
-48.59% |
157.76% |
-87.89% |
-2.72% |
Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
96.92% |
0.00% |
103.45% |
Invested Capital Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
4.78% |
-7.30% |
-1.46% |
Revenue Q/Q Growth |
|
0.00% |
0.00% |
5.46% |
-6.18% |
-3.01% |
4.84% |
2.73% |
2.14% |
0.46% |
-2.51% |
EBITDA Q/Q Growth |
|
0.00% |
0.00% |
8.05% |
-10.69% |
-8.22% |
-44.68% |
88.96% |
-6.37% |
-27.63% |
48.38% |
EBIT Q/Q Growth |
|
0.00% |
0.00% |
6.70% |
-10.28% |
-4.96% |
-49.73% |
103.44% |
-8.13% |
-29.44% |
47.25% |
NOPAT Q/Q Growth |
|
0.00% |
0.00% |
6.56% |
-9.91% |
-4.83% |
-48.80% |
99.74% |
-8.71% |
-27.08% |
44.15% |
Net Income Q/Q Growth |
|
0.00% |
0.00% |
6.56% |
-9.91% |
-4.83% |
-48.80% |
99.74% |
-8.71% |
-27.08% |
44.15% |
EPS Q/Q Growth |
|
0.00% |
0.00% |
7.77% |
-9.91% |
-6.00% |
-52.13% |
95.56% |
-10.23% |
-27.85% |
45.61% |
Operating Cash Flow Q/Q Growth |
|
0.00% |
-54.61% |
64.22% |
-54.13% |
119.49% |
-33.91% |
-22.74% |
129.97% |
-89.69% |
431.10% |
Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
100.00% |
0.00% |
-1.67% |
96.82% |
401.46% |
-64.58% |
Invested Capital Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
7.21% |
-11.80% |
2.68% |
7.93% |
-5.15% |
-6.25% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
37.54% |
39.02% |
39.98% |
38.06% |
36.01% |
19.00% |
34.95% |
32.04% |
23.08% |
35.13% |
EBIT Margin |
|
36.54% |
35.92% |
36.34% |
34.75% |
34.05% |
16.33% |
32.34% |
29.08% |
20.43% |
30.86% |
Profit (Net Income) Margin |
|
28.37% |
28.24% |
28.54% |
27.41% |
26.89% |
13.13% |
25.54% |
22.83% |
16.57% |
24.50% |
Tax Burden Percent |
|
77.66% |
78.63% |
78.54% |
78.86% |
78.98% |
80.44% |
78.98% |
78.48% |
81.11% |
79.40% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
22.34% |
21.37% |
21.46% |
21.14% |
21.02% |
19.56% |
21.02% |
21.52% |
18.89% |
20.60% |
Return on Invested Capital (ROIC) |
|
0.00% |
0.00% |
0.00% |
0.00% |
7.33% |
8.13% |
15.32% |
6.60% |
4.87% |
7.97% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
7.33% |
8.13% |
15.32% |
6.60% |
4.87% |
7.97% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
0.00% |
0.00% |
0.00% |
4.09% |
2.03% |
3.70% |
2.57% |
1.81% |
1.41% |
Return on Equity (ROE) |
|
0.00% |
0.00% |
0.00% |
0.00% |
11.42% |
10.16% |
19.02% |
9.17% |
6.68% |
9.38% |
Cash Return on Invested Capital (CROIC) |
|
0.00% |
0.00% |
0.00% |
0.00% |
19.92% |
0.00% |
0.00% |
0.00% |
13.32% |
8.73% |
Operating Return on Assets (OROA) |
|
0.00% |
0.00% |
0.00% |
0.00% |
1.66% |
0.78% |
1.50% |
1.38% |
0.99% |
1.50% |
Return on Assets (ROA) |
|
0.00% |
0.00% |
0.00% |
0.00% |
1.31% |
0.63% |
1.18% |
1.08% |
0.80% |
1.19% |
Return on Common Equity (ROCE) |
|
0.00% |
0.00% |
0.00% |
0.00% |
11.42% |
10.16% |
19.02% |
9.17% |
6.68% |
9.38% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
9.28% |
8.64% |
8.05% |
0.00% |
8.13% |
Net Operating Profit after Tax (NOPAT) |
|
27 |
26 |
28 |
25 |
24 |
12 |
25 |
22 |
16 |
24 |
NOPAT Margin |
|
28.37% |
28.24% |
28.54% |
27.41% |
26.89% |
13.13% |
25.54% |
22.83% |
16.57% |
24.50% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
43.58% |
46.65% |
43.00% |
46.12% |
43.24% |
49.08% |
50.46% |
49.30% |
49.01% |
51.03% |
Operating Expenses to Revenue |
|
59.45% |
60.47% |
59.15% |
61.02% |
58.58% |
66.05% |
66.42% |
65.83% |
74.66% |
65.19% |
Earnings before Interest and Taxes (EBIT) |
|
34 |
33 |
36 |
32 |
30 |
15 |
31 |
29 |
20 |
30 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
35 |
36 |
39 |
35 |
32 |
18 |
34 |
31 |
23 |
34 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.00 |
0.00 |
0.00 |
0.86 |
1.06 |
1.02 |
0.96 |
1.14 |
1.07 |
0.94 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
0.00 |
0.00 |
0.99 |
1.21 |
1.14 |
1.07 |
1.27 |
1.18 |
1.04 |
Price to Revenue (P/Rev) |
|
0.00 |
0.00 |
0.00 |
0.00 |
2.50 |
2.63 |
2.58 |
3.12 |
2.87 |
2.58 |
Price to Earnings (P/E) |
|
0.00 |
0.00 |
0.00 |
0.00 |
9.01 |
10.96 |
11.14 |
14.15 |
14.70 |
11.58 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
11.10% |
9.13% |
8.98% |
7.07% |
6.80% |
8.64% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.00 |
0.00 |
0.56 |
0.69 |
0.70 |
0.54 |
0.68 |
0.57 |
0.42 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.00 |
0.00 |
0.00 |
2.53 |
2.25 |
1.79 |
2.40 |
1.86 |
1.30 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
0.00 |
0.00 |
6.61 |
6.75 |
5.60 |
7.88 |
6.83 |
4.14 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
7.17 |
7.39 |
6.11 |
8.60 |
7.58 |
4.60 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
0.00 |
0.00 |
9.11 |
9.36 |
7.72 |
10.88 |
9.54 |
5.80 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
0.00 |
5.16 |
7.53 |
6.58 |
6.17 |
6.61 |
7.13 |
5.02 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
4.11 |
4.83 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.51 |
0.56 |
0.25 |
0.24 |
0.29 |
0.22 |
0.11 |
Long-Term Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.48 |
0.53 |
0.23 |
0.22 |
0.28 |
0.20 |
0.10 |
Financial Leverage |
|
0.00 |
0.00 |
0.00 |
0.51 |
0.56 |
0.25 |
0.24 |
0.39 |
0.37 |
0.18 |
Leverage Ratio |
|
0.00 |
0.00 |
0.00 |
9.19 |
9.27 |
8.07 |
8.03 |
8.46 |
8.33 |
7.87 |
Compound Leverage Factor |
|
0.00 |
0.00 |
0.00 |
9.19 |
9.27 |
8.07 |
8.03 |
8.46 |
8.33 |
7.87 |
Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
33.81% |
35.82% |
19.97% |
19.47% |
22.58% |
17.80% |
10.06% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
2.03% |
1.81% |
1.69% |
1.65% |
0.82% |
1.16% |
0.72% |
Long-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
31.78% |
34.01% |
18.27% |
17.82% |
21.76% |
16.64% |
9.34% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
66.19% |
64.18% |
80.03% |
80.53% |
77.42% |
82.20% |
89.94% |
Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
3.43 |
1.94 |
2.03 |
2.62 |
2.13 |
0.98 |
Net Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.07 |
-1.15 |
-2.49 |
-2.36 |
-3.69 |
-4.13 |
Long-Term Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
3.26 |
1.77 |
1.86 |
2.53 |
2.00 |
0.91 |
Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
4.73 |
2.69 |
2.80 |
3.62 |
2.98 |
1.37 |
Net Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.10 |
-1.60 |
-3.42 |
-3.27 |
-5.16 |
-5.78 |
Long-Term Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
4.49 |
2.46 |
2.56 |
3.49 |
2.79 |
1.28 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
0.00 |
0.00 |
0.00 |
-1,250 |
0.00 |
-1,193 |
-1,213 |
-39 |
116 |
41 |
Operating Cash Flow to CapEx |
|
0.00% |
2,339.06% |
26,964.90% |
11,971.15% |
1,412.96% |
2,676.98% |
1,952.52% |
4,511.34% |
219.46% |
1,311.09% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
-37.45 |
0.00 |
-30.41 |
-29.14 |
-0.90 |
2.98 |
1.14 |
Operating Cash Flow to Interest Expense |
|
0.00 |
1.19 |
1.44 |
0.56 |
1.08 |
0.69 |
0.50 |
1.13 |
0.13 |
0.73 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
1.14 |
1.44 |
0.56 |
1.00 |
0.66 |
0.48 |
1.10 |
0.07 |
0.68 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
Fixed Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
4.31 |
4.44 |
4.45 |
4.54 |
4.62 |
4.68 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
0.00 |
0.00 |
0.00 |
1,275 |
1,367 |
1,205 |
1,238 |
1,336 |
1,267 |
1,188 |
Invested Capital Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.27 |
0.62 |
0.60 |
0.29 |
0.29 |
0.33 |
Increase / (Decrease) in Invested Capital |
|
0.00 |
0.00 |
0.00 |
1,275 |
0.00 |
1,205 |
1,238 |
61 |
-100 |
-18 |
Enterprise Value (EV) |
|
0.00 |
0.00 |
0.00 |
716 |
943 |
838 |
664 |
907 |
721 |
504 |
Market Capitalization |
|
0.00 |
0.00 |
0.00 |
729 |
933 |
981 |
959 |
1,179 |
1,112 |
1,006 |
Book Value per Share |
|
$0.00 |
$0.00 |
$0.00 |
$33.80 |
$35.15 |
$35.17 |
$36.32 |
$37.41 |
$37.64 |
$38.49 |
Tangible Book Value per Share |
|
$0.00 |
$0.00 |
$0.00 |
$29.59 |
$30.96 |
$31.39 |
$32.56 |
$33.71 |
$33.99 |
$34.88 |
Total Capital |
|
0.00 |
0.00 |
0.00 |
1,275 |
1,367 |
1,205 |
1,238 |
1,336 |
1,267 |
1,188 |
Total Debt |
|
0.00 |
0.00 |
0.00 |
431 |
489 |
241 |
241 |
302 |
226 |
119 |
Total Long-Term Debt |
|
0.00 |
0.00 |
0.00 |
405 |
465 |
220 |
221 |
291 |
211 |
111 |
Net Debt |
|
0.00 |
0.00 |
0.00 |
-13 |
10 |
-143 |
-295 |
-272 |
-390 |
-502 |
Capital Expenditures (CapEx) |
|
0.00 |
1.06 |
0.15 |
0.16 |
2.90 |
1.01 |
1.07 |
1.07 |
2.26 |
2.01 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
0.00 |
0.00 |
0.00 |
431 |
489 |
241 |
241 |
302 |
226 |
119 |
Total Depreciation and Amortization (D&A) |
|
0.94 |
2.89 |
3.57 |
3.04 |
1.75 |
2.50 |
2.52 |
2.91 |
2.62 |
4.11 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$1.01 |
$0.97 |
$0.46 |
$0.90 |
$0.81 |
$0.59 |
$0.85 |
Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
0.00 |
0.00 |
24.96M |
27.43M |
27.44M |
27.64M |
27.67M |
27.75M |
27.83M |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$1.00 |
$0.94 |
$0.45 |
$0.88 |
$0.79 |
$0.57 |
$0.83 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
0.00 |
0.00 |
24.96M |
27.43M |
27.44M |
27.64M |
27.67M |
27.75M |
27.83M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
0.00 |
0.00 |
24.96M |
27.43M |
27.44M |
27.64M |
27.67M |
27.75M |
27.83M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
27 |
26 |
28 |
25 |
24 |
14 |
25 |
24 |
23 |
24 |
Normalized NOPAT Margin |
|
28.37% |
28.24% |
28.54% |
27.41% |
26.89% |
15.27% |
26.40% |
24.13% |
23.15% |
24.50% |
Pre Tax Income Margin |
|
36.54% |
35.92% |
36.34% |
34.75% |
34.05% |
16.33% |
32.34% |
29.08% |
20.43% |
30.86% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
6.47 |
1.61 |
1.26 |
0.96 |
0.80 |
0.39 |
0.75 |
0.67 |
0.52 |
0.83 |
NOPAT to Interest Expense |
|
5.02 |
1.26 |
0.99 |
0.76 |
0.63 |
0.31 |
0.59 |
0.52 |
0.42 |
0.66 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
1.56 |
1.26 |
0.95 |
0.73 |
0.36 |
0.72 |
0.64 |
0.46 |
0.77 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
1.21 |
0.99 |
0.75 |
0.56 |
0.29 |
0.56 |
0.50 |
0.36 |
0.60 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Key Financial Trends
FirstSun Capital Bancorp (NASDAQ: FSUN) has shown consistent profitability over the last four years with a trend of increasing net income. For Q1 2025, the company reported a consolidated net income of $23.57 million, continuing the pattern of growth from $26.5 million in Q1 2023, despite some fluctuations in quarterly results.
The company’s net interest income in Q1 2025 was $74.5 million, a slight decrease from $77 million in Q1 2024, reflecting a slight compression in net interest margin or changes in interest-bearing assets and liabilities. Non-interest income remains significant, around $21.7 million in Q1 2025, consistent with prior quarters, contributing to total revenue of $96.2 million for the quarter.
Expense control appears moderate. Total non-interest expenses in Q1 2025 were $62.7 million, an increase compared to approximately $61.8 million in Q1 2024, possibly driven by higher salaries and employee benefits ($39.6 million in Q1 2025 versus $37.3 million a year ago). The company has maintained manageable provisions for credit losses, which decreased to $3.8 million in Q1 2025 from $16.5 million in Q1 2024, reflecting improved asset quality.
Looking at the balance sheet, total assets have increased modestly over the period, reaching approximately $8.22 billion in Q1 2025 from $7.78 billion in Q1 2024. Loans and leases net of allowance stood at about $6.39 billion as of Q1 2025, showing solid lending activity. Deposits also grew significantly to $6.87 billion (non-interest and interest-bearing combined), indicating strong customer deposit growth and liquidity.
Cash flow data reveals the company continues to generate positive cash from operating activities, reporting $26.4 million in Q1 2025 with ongoing investments in property and equipment and securities. Financing activities contributed positive cash flow in Q1 2025, mainly through net issuance and repayment activity of debt, impacting liquidity but allowing flexibility in capital structure management.
- Consistent growth in net income over the past four years, reaching $23.6 million in Q1 2025.
- Strong loan portfolio with net loans and leases of about $6.39 billion in Q1 2025.
- Increasing deposit base, bolstering liquidity and funding, with total deposits up to $6.87 billion as of Q1 2025.
- Improvement in credit loss provisions to $3.8 million in Q1 2025 compared to much higher levels in 2024, suggesting improved credit quality.
- Positive net cash from operating activities indicating healthy core business cash generation.
- Total non-interest expenses rising moderately, potentially reflecting inflationary pressures and investment in personnel.
- Net interest income fluctuating modestly, which could pressure margins if trends continue downward.
- Capital expenditures and investment securities purchases remain significant, indicating ongoing investment but also cash outflows.
- Significant fluctuations in cash flows from investing activities show volatility in investment and asset sales.
- Repayment of debt outweighed issuance in recent periods, which may reduce liquidity flexibility.
In summary, FirstSun Capital Bancorp shows solid profitability growth, stable asset quality, and increasing deposits, which are positive indicators for investors. Attention should be paid to managing expense growth and maintaining net interest margins in a potentially challenging interest rate environment. Cash flow and capital management have been active, balancing investment and financing needs effectively.
08/23/25 07:16 AMAI Generated. May Contain Errors.