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← CockpitCompetitor Analysis › FSUN FirstSun Capital BancorpOpen in the cockpit ↗

FirstSun Capital BancorpFSUNCompetitor analysis, valuation and peers

United States · USD·Financials›Major Banks

Colorado bank holding company operating Sunflower Bank, providing commercial, consumer and mortgage banking across several states.

Momentum neutral 57
Mkt cap
$1.77B
US dollars, full cap
Free float
64%
of shares outstanding
$/day
$15.0M
20-day average traded
P/B
0.98×
price to book
ROE
4.2%
delivered
Implied ROE
6.3%
what the price asks
Next earnings
77 days
22 Jan 2027
Close · USD$38.91
1D-1.9%
1W-0.7%
1M0.0%
3M-1.9%
6M+4.9%
YTD+3.4%
1Y+14.6%
ATR %2.8%
Beta0.57
52w lowhigh8.1% off high

What FirstSun Capital Bancorp does

Colorado bank holding company operating Sunflower Bank, providing commercial, consumer and mortgage banking across several states.

Earns mainly on the gap between loan interest and deposit costs, plus fee income from mortgage banking and from treasury and wealth services. Its Texas presence came from the 2022 merger with Pioneer Bancshares, adding to the Colorado, Kansas and New Mexico base of Sunflower Bank.

Products and services

  • Commercial banking
  • Retail banking
  • Mortgage banking
  • Correspondent banking

Customers

  • Small & mid-size businesses
  • Consumers
  • Mortgage borrowers

Where it sits in the supply chain

  • Financial services
  • Regional banking
  • Southwest/Midwest community banking

What could go right

  • Multi-state Southwest growth
  • Bank M&A consolidation

What could go wrong

  • Mortgage-rate sensitivity
  • CRE concentration

Moat: narrow (distribution). Multi-state Sunflower Bank franchise across Colorado, Kansas, New Mexico, Arizona and Texas.

Headquarters: Denver, Colorado · Employees: 1,186

Named competitors

FirstSun Capital Bancorp at a glance

Size FirstSun Capital Bancorp (FSUN) is a United States Financials company (Major Banks) with a market value of $1.77B, the 1876th largest of 3,117 United States companies the cockpit tracks. Shares closed at $38.91 on 6 Nov 2026.

Performance Over six months the shares gained 4.9%, against +6.2% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 20 in its peer set.

Growth Revenue grew 44.7% over the last twelve months (peer median +4.1%); the operating margin is 26.2% (peer median 32.6%).

Valuation It trades at 0.98× book value against a peer median of 1.02× (10th cheapest of 21).

Price implies The share price implies a return on equity of about 6.3%; FirstSun Capital Bancorp delivers 4.2%, so the price asks more than the business earns today.

Short interest Short interest is 5.5% of the free float (15 Oct 2026).

Next results Next results expected around 22 Jan 2027 (exchange calendar; dates can move).

Relative performance

10011012011 May 202611 Aug 20266 Nov 2026FSUN 109Peer median 109
Six months, rebased to 100: FirstSun Capital Bancorp against the median of its 20 peers (local-currency closes).

FirstSun Capital Bancorp financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$826M$580M$558M$499M$364M
Revenue growth—+4%+12%+37%—
Net income$61.9M$97.9M$75.6M$104M$59.2M
Free cash flown/a$104M$108M$124M$47.7M
Capital expendituren/a$7.51M$5.41M$4.27M$2.20M
Total debt$225M$76.9M$250M$516M$792M

Quarterly statements and history in the cockpit →

FirstSun Capital Bancorp competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-50%-25%0%+25%8386139130INTRHOPE28459668QCRHNONGSOUTHBANKCASHPSB8410AVARDA8388WAFDFSUN6-month return →1-month return →
Up and to the right = strong over both horizons. FirstSun Capital Bancorp is the large dot.

Fundamentals: return on equity against price-to-book

5%10%15%20%10×20×8386139130HAPNINTRHOPE28459668QCRHNONGSOUTHBANKCASHCHCOESQPSB8410AVARDAOFGWAFDBLXFSUNReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. FirstSun Capital Bancorp is the large dot.

Capital: ROE delivered against the ROE the price implies

10%20%10%20%8386HAPNINTRHOPE28459668QCRHNONGSOUTHBANKCASHCHCOESQPSBAVARDAOFG8388WAFDBLXFSUNROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. FirstSun Capital Bancorp is the large dot.

FirstSun Capital Bancorp competitors and peer comparison

Head to head with its named competitors (FSUN vs QCRH vs NBHC vs EFSC)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
FirstSun Capital Bancorp FSUN$1.77B+5%+45%4%0.98×6.3%
QCR QCRH$1.64B+11%+3%13%1.43×10.9%
National Bank NBHC$1.63B-14%+14%4%1.01×9.0%
Enterprise Financial Services EFSC$2.21B+4%+2%10%1.20×10.2%

How FirstSun Capital Bancorp compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

FirstSun Capital Bancorp against its 20 peers (data as of 6 Nov 2026)
MeasureFSUNPeer medianRank in peer set
1-month return0.0%-0.1%10th highest of 21
6-month return+4.9%+6.2%10th lowest of 20
Return on equity4.2%10.6%lowest of 21
Price / book0.98×1.02×10th cheapest of 21
Trailing P/E19.7×11.8×3rd most expensive of 20
ROE the price implies6.3%9.1%6th least demanding of 21
ROE delivered4.2%10.7%lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
FirstSun Capital Bancorp FSUNUnited States$1.77B+5%+45%4%0.98×6.3%4.2%
Hyakujushi Bank 8386.TJapan$1.78B+4%+22%6%0.72×6.7%5.6%
iM Financial 139130.KSSouth Korea$1.76B-20%+24%8%0.46×4.2%n/a
Happen HAPNUnited States$1.84Bn/a+26%14%1.16×14.5%13.8%
Inter & INTRUnited States$1.70B-40%+51%16%0.84×8.8%15.5%
Hope Bancorp HOPEUnited States$1.68B+6%+7%6%0.75×7.6%5.9%
Far Eastern International Bank 2845.TWTaiwan$1.88B+4%+5%7%0.87×3.2%7.4%
CHINA BOHAI BANK 9668.HKHong Kong$1.67B-23%-5%6%0.10×3.4%5.5%
QCR QCRHUnited States$1.64B+11%+3%13%1.43×10.9%12.7%
SpareBank 1 Nord-Norge NONG.OLNorway$1.96B+26%-4%8%0.93×6.6%7.7%
South Indian Bank SOUTHBANK.NSIndia$1.60B+38%+5%14%1.25×18.3%13.9%
Pathward Financial CASHUnited States$1.58B-12%-1%21%1.93×12.8%20.9%
City CHCOUnited States$1.99B+15%+3%16%2.55×13.9%16.4%
Esquire Financial ESQUnited States$1.57B+21%+33%11%2.00×10.2%10.5%
Punjab & Sind Bank PSB.NSIndia$1.52B-22%+3%11%0.99×14.8%10.7%
Seven Bank 8410.TJapan$2.09B+28%+3%6%1.41×5.7%6.3%
Avarda Bank AVARDA.STSweden$1.47B+42%+22%26%4.29×23.7%26.0%
OFG Bancorp OFGUnited States$2.15B+10%+2%17%1.60×12.0%16.6%
Awa Bank 8388.TJapan$2.15B+94%+23%5%0.80×5.3%4.7%
WaFd WAFDUnited States$2.18B-17%0%8%0.81×8.1%8.5%
Bladex BLXUnited States$2.19B-7%+4%14%1.05×9.3%14.5%

Questions

Who are FirstSun Capital Bancorp's main competitors?
Named competitors: QCR Holdings (QCRH), CrossFirst Bankshares (private or unlisted), National Bank Holdings (NBHC), Enterprise Financial Services (EFSC). The cockpit's measured peer set (industry) also includes Hyakujushi Bank (8386.T), iM Financial (139130.KS), Happen (HAPN), Inter & (INTR), Hope Bancorp (HOPE), Far Eastern International Bank (2845.TW).
Is FirstSun Capital Bancorp expensive compared with its peers?
On price / book it trades at 0.98× against a peer median of 1.02×, 10th cheapest of 21 in its peer set. The share price implies a return on equity of about 6.3%; FirstSun Capital Bancorp delivers 4.2%, so the price asks more than the business earns today.
How has FirstSun Capital Bancorp stock performed?
Over six months to 6 Nov 2026 the shares returned +4.9% against +6.2% for the median peer; over one year +14.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.