earnings
confidence high
sentiment positive
materiality 0.60
FirstSun Q2 net income $0.4M ($0.02/diluted); adjusted $17.2M ($0.68); completes Pioneer merger
FIRSTSUN CAPITAL BANCORP
2022-Q2 EPS reported
$0.36
- Net income of $0.4M, $0.02 per diluted share; adjusted net income (excl. merger costs) $17.2M, $0.68 per diluted share.
- Completed merger with Pioneer Bancshares, adding $0.8B loans, $1.5B total assets, and $1.2B deposits net of purchase accounting.
- Merger cost of $16.8M (approx.) accounted for difference between reported and adjusted net income.