Firstsun Capital Bancorp

Q2 FY2026 EarningsQ2 FY2026 results showed a significant GAAP miss but a core operational beat: Revenue reached $184.1M vs. $182.9M expected, while adjusted EPS of $0.45 exceeded the $0.36 consensus. The bottom line was heavily impacted by $57.6M in merger expenses and $34.9M in two specific C&I loan charge-offs following the First Foundation acquisition. Despite a GAAP net loss of $22.9M, a new $150M share repurchase program was authorized, signaling management's confidence in the post-merger balance sheet repositioning.