Earnings Releases·Oct 26, 2026, 4:34 PM ET

FirstSun Capital Bancorp — Third Quarter 2026 Earnings Summary

Net income turned positive at $38.4 million ($0.82 per share) in Q3 2026, reversing a $22.9 million loss in Q2 2026 and matching Q3 2025 results; adjusted net income rose to $48.2 million ($1.03 per share) from $21.0 million in the prior quarter.
Significant operational improvements included a 24 basis point increase in net interest margin to 3.82%, a sharp decline in provision for credit losses to $4.4 million from $40.4 million, and a reduction in noninterest expense to $126.6 million, lowering the efficiency ratio to 70.43%.
Strategic milestones were achieved with the successful completion of the First Foundation core system conversion and a $49.7 million share repurchase program, while the company reported no specific numerical forward-looking guidance.
The balance sheet saw total assets reach $15.3 billion, with loans declining to $11.5 billion due to commercial real estate paydowns and deposits settling at $13.0 billion, though management highlighted continued focus on franchise growth and long-term value creation.