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John Fleshood, a director at FirstSun Capital Bancorp (NASDAQ:CBNK) (NASDAQ:FSUN), recently purchased a significant amount of the company’s stock. On May 7, Fleshood acquired a total of 2,000 shares of common stock, with purchase prices ranging from $35.25 to $35.50 per share. The total value of these transactions amounted to $70,750. The purchase was made near the stock’s current trading price of $36.17, with InvestingPro data showing the company trading below its book value at a P/B ratio of 0.94.
In addition to these purchases, Fleshood received an annual restricted stock award on May 8, comprising 1,753 shares. This award, which includes shares for board services at both FirstSun Capital Bancorp and Sunflower Bank, was granted at no cost and is scheduled to vest on May 8, 2026. Following these transactions, Fleshood’s direct ownership of FirstSun Capital Bancorp’s common stock increased to 3,803 shares. The $1.01 billion market cap company maintains a "GOOD" financial health score according to InvestingPro, with analysts setting price targets between $42-45, suggesting potential upside. Get access to 5 more exclusive InvestingPro Tips and comprehensive analysis in the Pro Research Report.
In other recent news, FirstSun Capital Bancorp reported its first-quarter earnings for 2025, which fell short of analyst expectations. The company posted an earnings per share (EPS) of $0.83, missing the forecast of $0.85. Revenue also came in below expectations at $96.21 million compared to the projected $99.59 million. Despite the earnings miss, FirstSun Capital Bancorp demonstrated strong operational performance with net income of $23.6 million and a return on assets of 1.2%. The bank reported robust loan and deposit growth, with loans increasing by 7% and deposits by 12% on an annualized basis. Additionally, the company continues its expansion into Southern California markets. Analyst firms, such as KBW, raised questions about potential mergers and acquisitions, with FirstSun expressing an opportunistic approach. The company also discussed maintaining positive operating leverage through strategic investments and cost control. Looking ahead, FirstSun anticipates growth in net interest income and non-interest income for the remainder of 2025.
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