Firstsun Capital Bancorp (NASDAQ:FSUN) Announces Earnings Results, Beats Expectations By $0.05 EPS

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

Firstsun Capital Bancorp Stock Performance

NASDAQ FSUN opened at $41.30 on Tuesday. Firstsun Capital Bancorp has a fifty-two week low of $33.31 and a fifty-two week high of $44.37. The company’s 50-day moving average is $39.30. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.03.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Raymond James raised Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 price target for the company in a research note on Tuesday, November 19th. 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.

Firstsun Capital Bancorp Company Profile

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.