Firstsun Capital Bancorp

Q2 FY2026 EarningsFY26 Q2 results were significantly impacted by the acquisition of First Foundation and subsequent balance sheet repositioning. Total revenue of $184.1M beat the $182.9M consensus, driven by expanded net interest income. However, GAAP Net Income reported a loss of $22.9M, missing the expected $20.9M loss due to elevated merger-related costs and a sharp rise in credit provisions to $40.4M following two major C&I loan charge-offs. Adjusted diluted EPS of $0.45 provided a more stable view of underlying performance, while Net Interest Margin (NIM) compressed to 3.58% amid a shifting portfolio mix.