FirstSun Capital Bancorp

NasdaqGS:FSUN Stock Report

Market Cap: US$1.8b

FirstSun Capital Bancorp Management

Management criteria checks 3/4

FirstSun Capital Bancorp's CEO is Neal Arnold, appointed in Jan 2018, has a tenure of 8.5 years. total yearly compensation is $3.34M, comprised of 23.9% salary and 76.1% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth $11.72M. The average tenure of the management team and the board of directors is 11 years and 0.9 years respectively.

Key information

Neal Arnold

Chief executive officer

US$3.3m

Total compensation

CEO salary percentage23.94%
CEO tenure8.5yrs
CEO ownership0.6%
Management average tenure11yrs
Board average tenureless than a year

Recent management updates

Recent updates

Analysis Article Jun 21

FirstSun Capital Bancorp (FSUN) Stock Could Be 21.3% Undervalued After Stronger Results

Recent commentary on FirstSun Capital Bancorp (FSUN) has focused on stronger year-over-year revenue and net profit figures, along with generally supportive analyst sentiment. This has prompted fresh attention on how the stock reflects these fundamentals. See our latest analysis for FirstSun Capital Bancorp. At a share price of $36.19, FirstSun Capital Bancorp has seen its 1 year total shareholder return of 8.55% and 3 year total shareholder return of 44.76% contrast with a year to date share...
Narrative Update Mar 29

FSUN: Share Authorization And Non Voting Stock Will Support Future Upside Potential

Analysts kept their $46 price target for FirstSun Capital Bancorp unchanged, reflecting steady assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, with no new Street research prompting a shift in their view. What's in the News Stockholders approved an amendment to increase the number of authorized shares of FirstSun common stock at a special meeting held on February 27, 2026 (company filing).
Narrative Update Mar 13

FSUN: Share Authorization And Non Voting Stock Will Support Future Upside Potential

Analysts maintained their $46.00 price target for FirstSun Capital Bancorp, with this steady view supported by consistent assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News Stockholders approved an amendment to increase the number of authorized shares of FirstSun common stock at a special meeting held on February 27, 2026 (company filing).
Narrative Update Feb 27

FSUN: Special Shareholder Meeting Will Shape Future Upside Potential

Analysts have reaffirmed their $46.00 price target on FirstSun Capital Bancorp, pointing to steady assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as support for keeping their outlook unchanged. What's in the News FirstSun Capital Bancorp reported net charge offs of $5,024,000 for the fourth quarter ended December 31, 2025 (Key Developments).
Narrative Update Feb 13

FSUN: Earnings Path And Special Meeting Will Drive Future Upside Potential

Analysts have kept their $46.00 price target for FirstSun Capital Bancorp broadly in line with prior views, reflecting only small tweaks to the discount rate, profit margin and forward P/E assumptions rather than a shift in the overall outlook. What's in the News FirstSun Capital Bancorp reported net charge offs of $5,024,000 for the fourth quarter ended December 31, 2025 (Key Developments).
Narrative Update Jan 30

FSUN: Earnings Path And Acquisition Timeline Will Drive Upside Potential

Analysts now see fair value for FirstSun Capital Bancorp at $46.00, up from $43.25. This reflects updated assumptions around revenue growth, profit margins, discount rate and a lower future P/E multiple, alongside recent Street research that trimmed the Street price target to $42 and modestly reduced 2025/2026 EPS estimates tied to the planned First Foundation acquisition timeline.
Seeking Alpha Nov 17

FirstSun: Questionable M&A And Credit Fears Limit Recovery Potential

Summary FirstSun Capital Bancorp shares have underperformed due to investor skepticism over its acquisition of First Foundation and rising credit concerns. FSUN's deal aims to use its strong capital to restructure FFWM's balance sheet, but aggressive synergy targets and limited cost overlap pose execution risks. Recent earnings showed elevated credit losses and low reserve coverage, raising concerns as FSUN depletes capital for the acquisition. Despite FSUN's low valuation, I rate the stock a 'Hold' due to questionable capital allocation and ongoing M&A and credit headwinds. Read the full article on Seeking Alpha
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New Narrative May 28

Sun Belt And Southern California Expansion Will Ignite Future Potential

Expansion in high-growth regions and focus on relationship-based lending strengthen the bank's market position and support ongoing revenue growth.

CEO Compensation Analysis

How has Neal Arnold's remuneration changed compared to FirstSun Capital Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$96m

Dec 31 2025US$3mUS$800k

US$98m

Sep 30 2025n/an/a

US$89m

Jun 30 2025n/an/a

US$89m

Mar 31 2025n/an/a

US$87m

Dec 31 2024US$8mUS$800k

US$76m

Sep 30 2024n/an/a

US$83m

Jun 30 2024n/an/a

US$86m

Mar 31 2024n/an/a

US$90m

Dec 31 2023US$4mUS$800k

US$104m

Sep 30 2023n/an/a

US$104m

Jun 30 2023n/an/a

US$105m

Mar 31 2023n/an/a

US$78m

Dec 31 2022US$2mUS$857k

US$59m

Sep 30 2022n/an/a

US$43m

Jun 30 2022n/an/a

US$26m

Mar 31 2022n/an/a

US$36m

Dec 31 2021US$3mUS$1m

US$43m

Sep 30 2021n/an/a

US$46m

Jun 30 2021n/an/a

US$52m

Mar 31 2021n/an/a

US$55m

Dec 31 2020US$2mUS$1m

US$48m

Compensation vs Market: Neal's total compensation ($USD3.34M) is below average for companies of similar size in the US market ($USD5.14M).

Compensation vs Earnings: Neal's compensation has been consistent with company performance over the past year.


CEO

Neal Arnold (66 yo)

8.5yrs
Tenure
US$3,341,470
Compensation

Mr. Neal E. Arnold is Chief Executive Officer, President and Chief Operating Officer of FirstSun Capital Bancorp and also serves as President and Chief Executive Officer of Sunflower Bank, National Associa...


Leadership Team

NamePositionTenureCompensationOwnership
Mollie Carter
Executive Chairman9.5yrsUS$521.60k5.8%
$ 105.7m
Neal Arnold
CEO, President8.5yrsUS$3.34m0.64%
$ 11.7m
Robert Cafera
Senior Executive VP & CFO14.5yrsUS$1.63m0.30%
$ 5.5m
Jennifer Norris
Executive VP & Chief Credit Officerno dataUS$1.26m0.014%
$ 259.1k
Thomas Shafer
Executive Vice Chairmanless than a yearno data0.20%
$ 3.6m
Doug Reese
Chief Accounting Officerno datano datano data
Laura Frazier
Executive VP & Chief Administration Officer13.5yrsUS$2.26m0.017%
$ 317.7k
Ed Jacques
Director of Investor Relations & Business Developmentno datano datano data
Allie Nagy
General Counselno datano datano data
Kelly Rackley
Corporate Secretaryno datano datano data
Brian Walsh
Chief Lending Officerno datano datano data
11.0yrs
Average Tenure
56yo
Average Age

Experienced Management: FSUN's management team is seasoned and experienced (11 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mollie Carter
Executive Chairman9.5yrsUS$521.60k5.8%
$ 105.7m
Neal Arnold
CEO, President9.5yrsUS$3.34m0.64%
$ 11.7m
Thomas Shafer
Executive Vice Chairmanless than a yearno data0.20%
$ 3.6m
Peter Murphy
Independent Directorless than a yearno data0.0083%
$ 150.7k
David Levy
Independent Director9.5yrsUS$145.50k0.021%
$ 380.2k
C. Parker
Independent Directorless than a yearno data0.0096%
$ 175.1k
Beverly Elving
Independent Director4.8yrsUS$144.38k0.022%
$ 402.1k
John Fleshood
Lead Independent Director1.3yrsUS$139.38k0.013%
$ 243.8k
Kevin Hammond
Independent Director4.3yrsno datano data
Henchy Enden
Independent Directorless than a yearno data0.000070%
$ 1.3k
Sam Edelson
Independent Directorless than a yearno data0.0096%
$ 175.1k
Benjamin Mackovak
Independent Directorless than a yearno datano data
0.9yrs
Average Tenure
63.5yo
Average Age

Experienced Board: FSUN's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 20:08
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

FirstSun Capital Bancorp is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher McGrattyKeefe, Bruyette, & Woods
Wood LayKeefe, Bruyette, & Woods
Matthew ClarkPiper Sandler Companies