M&A
confidence high
sentiment neutral
materiality 0.80
FirstSun amendment provides First Foundation audited FY2025 results: net loss $155M, material weakness cited
FIRSTSUN CAPITAL BANCORP
- First Foundation 2025 net loss of $155.2M (diluted EPS -$1.88); revenue (NII) $187.4M.
- Total assets $11.9B; loans held for investment $6.73B; deposits $9.28B at Dec 31, 2025.
- Allowance for credit losses grew to $93.9M from $32.3M; retained deficit of $30.1M.
- Auditor identified material weakness in internal controls over financial reporting.
- Pro forma combined financials for FirstSun as of Dec 31, 2025 filed as Exhibit 99.2.