FirstSun Capital Q2 FY26 swings to net loss of $22.85 million; net interest income rises to $143.2 million

Reuters2026/08/10 21:29

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Firstsun Capital Bancorp swung to a net loss of $22.85 million in Q2 2026 from net income of $26.39 million a year earlier.
Diluted EPS turned to a loss of $0.49 from earnings of $0.93; adjusted net income (non-GAAP) slipped to $21.02 million from $26.6 million.
Net interest income climbed 82.4% to $143.2 million, while the provision for credit losses rose to $40.4 million from $4.5 million.
Noninterest expense jumped to $171.71 million from $68.11 million, reflecting $57.56 million of merger-related expenses tied to the First Foundation deal.
The First Foundation acquisition closed April 1, adding $11.2 billion of assets and $8.8 billion of deposits; a $150 million share repurchase program was authorized July 24.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Firstsun Capital Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001709442-26-000046), on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FirstSun Capital Q2 FY26 swings to net loss of $22.85 million; net interest income rises to $143.2 million

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