
FSUN Stock Forecast & Price Target
FSUN Analyst Ratings
Bulls say
Firstsun Capital Bancorp has seen a significant increase in its loans as a percentage of earning assets, rising to 87% from 77% in 2018, indicating a strong focus on lending that could enhance profitability. The company is poised for improved performance through potential index inclusion, which is expected to drive greater trading volumes in the near future. Moreover, the outlook for loan growth is particularly positive, driven by lower commercial real estate concentrations and an influx of new clients from recent strategic investments in its Southern California operations.
Bears say
Firstsun Capital Bancorp's net interest margin (NIM) has consistently underperformed compared to peers from 2018 to 2021, primarily due to elevated liquidity levels, which may hinder profitability moving forward. Moreover, ongoing credit stress within the commercial real estate (CRE) and multifamily sectors, highlighted by concerns from industry peers like New York Community Bancorp, could negatively impact market sentiment towards banks with similar exposure. Lastly, the company's pursuit of mergers and acquisitions raises potential risks, including short-term dilution of tangible book value and earnings per share, as well as integration challenges that could adversely affect financial stability.
This aggregate rating is based on analysts' research of Firstsun Capital Bancorp and is not a guaranteed prediction by Public.com or investment advice.
FSUN Analyst Forecast & Price Prediction
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