earnings
confidence high
sentiment positive
materiality 0.80
FirstSun Q3 net income $26.5M ($1.04 EPS); net interest margin 4.26%
FIRSTSUN CAPITAL BANCORP
2022-Q3 EPS reported
$1.49
- Net income of $26.5M ($1.04 diluted EPS) vs $8.7M ($0.46) in Q3 2021.
- Net interest margin expanded 70 bps to 4.26%; loan growth of 12.5% annualized.
- Noninterest income $25.0M (26.7% of revenue); efficiency ratio 59.4%.
- Provision for loan losses $3.8M; allowance 1.07% of loans; NPAs 0.68% of assets.
- Tangible book value per share $25.67, up $0.91; all capital ratios above well-capitalized.