FirstSun Capital Bancorp Full Year 2024 Earnings: EPS Misses Expectations

FirstSun Capital Bancorp (NASDAQ:FSUN) Full Year 2024 Results

Key Financial Results

• Revenue: US$359.2m (up 1.4% from FY 2023).
• Net income: US$75.6m (down 27% from FY 2023).
• Profit margin: 21% (down from 29% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$2.76 (down from US$4.15 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

FirstSun Capital Bancorp EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.5%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are up 1.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of FirstSun Capital Bancorp's balance sheet and an in-depth analysis of the company's financial position.

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