Firstsun Capital Bancorp
ir.firstsuncb.comWhat Do They Do?
Provides banking services to businesses and individuals, plus residential mortgages and loan servicing for mortgage investors.
10-K for FY2025, filed Mar 6, 2026We are a financial holding company headquartered in Denver, Colorado, providing a full spectrum of deposit, lending, treasury management…View ↗
Our Banking segment has been, and is, the cornerstone of our operations and our primary segment, through which we provide a full range of…View ↗
Our Mortgage Operations segment offers full-service residential mortgage products, including conforming residential loans and services…View ↗
Sale of residential mortgages. We sell a large majority of the residential mortgage loans we originate through our mortgage banking…View ↗
Loan servicing. We service residential mortgage loans for investors under contracts. We receive a fee for performing mortgage servicing…View ↗
How Do They Make Money?
Banking earns loan interest and fees from deposit, treasury, card, trust and investment services; many service fees arise when services are provided, while advisory fees are generally earned over time. Mortgage Operations sells most originated home loans to investors and earns fees for servicing loans under contracts.
10-K for FY2025, filed Mar 6, 2026The Banking segment originates loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers.…View ↗
We charge depositors various deposit account service fees including those for online banking, outgoing wires, overdrafts, stop payment…View ↗
We charge business customers various service fees for products and account management services provided, including financial information…View ↗
We collect interchange fee income when debit and credit cards that we have issued to our customers, are used in merchant transactions. Our…View ↗
We earn trust and investment advisory fees from contracts with our customers to manage assets for investments, and/or transact on their…View ↗
Sale of residential mortgages. We sell a large majority of the residential mortgage loans we originate through our mortgage banking…View ↗
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10-K for FY2025, filed Mar 6, 2026
FY2025 revenue by reportable segment ↗
$467.8M
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10-K for FY2025, filed Mar 6, 2026
$467.8M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Banking
|
90%
FY2022: 94%
|
Banking, FY2025
$420.3M Sources
|
|
Mortgage Operations
|
10%
FY2022: 6.1%
|
Mortgage Operations, FY2025
$47.5M Sources
|
Who Are Their Customers?
Businesses and individuals use the bank for relationship-based banking through its service channels. The mortgage division originates home loans and sells most to mortgage investors.
10-K for FY2025, filed Mar 6, 2026We compete for loans principally through the quality of our client service and our responsiveness to client needs in addition to competing…View ↗
Our Banking segment has been, and is, the cornerstone of our operations and our primary segment, through which we provide a full range of…View ↗
We offer full-service residential mortgage products and services through our mortgage division, with offices strategically located…View ↗
Sale of residential mortgages. We sell a large majority of the residential mortgage loans we originate through our mortgage banking…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 21 cents of every revenue dollar as net income in FY2025 and turned 22 cents into free cash flow.
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 10, 2026
−$22.9MView ↗
- ▼ Now a loss
- vs $26.4M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 10, 2026
Open tableView ↗
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Jul 27, 2026
Completed its merger with First Foundation
The acquisition added assets and deposits, and the company completed a related balance-sheet repositioning.
Sources
8-K, filed Jul 27, 2026
Completed previously announced merger with First Foundation, Inc. (“First Foundation”), acquiring net loans of $6.0 billion, total assets…View ↗
Growing. Revenue grew 2.8x in 4 years, from $169.4M in FY2021 to $467.8M in FY2025, about 29% a year.
Expanded California banking
The older report lists banking branches in Texas, Kansas, Colorado, New Mexico, Arizona and Washington. The latest describes service to California communities and expanded Southern California banking.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 6, 2026Sunflower Bank was founded in 1892 and offers a full range of specialized financial services to business customers as well as…View ↗
Added insurance services
The older report describes banking, mortgage and wealth services; the latest says FirstSun established an insurance subsidiary offering coverage and estate-planning services.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 6, 2026In November 2025, we established Sunflower Insurance Solutions Inc., a wholly owned subsidiary of Sunflower Bank, N.A. Sunflower Insurance…View ↗
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