Fri, May 9, 5:04 PM (2 days ago)
**FirstSun Capital Bancorp (FSUN) Q1 2025 Financial Performance Summary** **Financial Health & Performance Metrics:** - **Revenue:** $110.45 million (up 0.4% YoY) - **Net Income:** $23.57 million (up 91.7% YoY) - **Earnings per Share (EPS):** $0.83 (up 84.4% YoY) - **Return on Assets (ROA):** 1.20% (up 84.6% YoY) - **Return on Equity (ROE):** 9.03% (up 74.9% YoY) - **Net Interest Margin:** 4.07% (up 6 bps YoY) - **Efficiency Ratio:** 65.19% (down 0.86% YoY) **Revenue Breakdown:** - **Net Interest Income:** $74.48 million (up 5.2% YoY) - **Noninterest Income:** $21.73 million (down 4.7% YoY) **Expenses:** - **Noninterest Expense:** $62.72 million (up 1.4% YoY) - **Salary and Employee Benefits:** $39.56 million (up 5.9% YoY) - **Occupancy and Equipment:** $9.54 million (up 10.6% YoY) - **Other Noninterest Expenses:** $12.99 million (up 2.5% YoY) **Balance Sheet Highlights:** - **Total Assets:** $8.22 billion (up 5.6% YoY) - **Total Loans:** $6.48 billion (up 6.8% annualized) - **Total Deposits:** $6.87 billion (up 12.3% annualized) - **Stockholders' Equity:** $1.07 billion (up 10.7% YoY) **Trends & Uncertainties:** - **Loan Growth:** Strong loan growth driven by commercial and industrial, and commercial real estate sectors. - **Deposit Growth:** Robust deposit growth, with a focus on core deposits. - **Interest Rate Environment:** Declining interest rates impacting yields on loans and investment securities. - **Economic Uncertainties:** Potential impacts from economic conditions, including inflation and recessions. **Future Operations Impact:** - **Strategic Initiatives:** Continued focus on organic growth, digital transformation, and expanding market presence. - **Risk Management:** Ongoing monitoring of credit risk, interest rate risk, and liquidity risk. - **Regulatory Environment:** Compliance with capital adequacy requirements and prompt corrective action regulations. **Conclusion:** FirstSun Capital Bancorp demonstrated strong financial performance in Q1 2025, with significant growth in net income and earnings per share. The bank's strategic initiatives and focus on core deposits position it well for future growth. However, it faces challenges from the declining interest rate environment and economic uncertainties. The bank's robust risk management practices and compliance with regulatory requirements support its long-term sustainability and growth prospects.