FirstSun Capital Bancorp Common Stock Q3 2026 Earnings Recap

Shares rose 0.7% after earnings, a roughly flat reaction. First Sun reported higher net interest margin and improving credit measures, while management pointed to continued deposit competition and framed further margin improvement as an expectation for Q4 and early 2027.

Key Takeaways

• Adjusted net income was $48.2 million, or $1.03 per diluted share; adjusted return on average assets was 1.23%.
• Net interest margin expanded to 3.82% from the prior quarter. Management expects incremental improvement in Q4 and early 2027, while noting deposit competition remains strong.
• Service fee income accounted for 21.9% of total revenue.
• Special mention loans fell by about $23.8 million and substandard loans by nearly $40 million.
• First Sun repurchased approximately $50 million of shares in Q3 and expects to complete the remaining $100 million of its $150 million program over the next three quarters.