FirstSun Capital Bancorp Surveillance Report

Company Profile

FirstSun Capital Bancorp (“FirstSun” or “the company”) (NASDAQ: FSUN) is the bank holding company for Sunflower Bank, N.A., (“Sunflower” or “the bank”) which was founded in 1892. The company currently serves its customers through depository branches in seven states and mortgage capabilities across 43 states across Texas, Kansas, Colorado, New Mexico, California, Arizona, and Washington.
Although the company issued $80 million in new equity in 2024, which was targeted to institutional investors, the Hale Family continues to hold approximately a 35% ownership stake through a variety of trusts.
FSUN was formed in 2017 following a transformative merger of Sunflower and Strategic Growth Bancorp, more than doubling the size of the company and expanding the footprint to Texas and New Mexico. In 2022, FirstSun merged with Austin, TX based $1.5 billion Pioneer Bancshares, Inc.
The company has evolved into a C&I focused bank, with…

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