FirstSun Capital Bancorp (NASDAQ:FSUN) Shares Up 0.1% on Better-Than-Expected Earnings

FirstSun Capital Bancorp (NASDAQ:FSUN - Get Free Report)'s share price was up 0.1% during mid-day trading on Monday following a better than expected earnings announcement. The stock traded as high as $38.70 and last traded at $37.81. Approximately 246,471 shares were traded during mid-day trading, an increase of 156% from the average daily volume of 96,346 shares. The stock had previously closed at $37.77.The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.86 by $0.09. FirstSun Capital Bancorp had a return on equity of 9.00% and a net margin of 15.94%.Wall Street Analysts Forecast GrowthA number of equities analysts recently issued reports on the stock. Piper Sandler set a $42.00 target price on FirstSun Capital Bancorp in a research report on Monday, November 3rd. Keefe, Bruyette & Woods increased their target price on shares of FirstSun Capital Bancorp from $42.00 to $44.00 and gave the stock an "outperform" rating in a report on Wednesday, December 17th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of FirstSun Capital Bancorp in a research note on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, FirstSun Capital Bancorp currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.33.Get Our Latest Report on FSUNInstitutional Inflows and OutflowsSeveral institutional investors have recently added to or reduced their stakes in FSUN. Daytona Street Capital LLC bought a new position in shares of FirstSun Capital Bancorp in the fourth quarter worth about $616,000. SG Americas Securities LLC acquired a new stake in shares of FirstSun Capital Bancorp in the 4th quarter worth $312,000. JPMorgan Chase & Co. raised its stake in shares of FirstSun Capital Bancorp by 18.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 103,848 shares of the company's stock valued at $4,028,000 after acquiring an additional 16,337 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in FirstSun Capital Bancorp by 49.4% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,502 shares of the company's stock valued at $369,000 after buying an additional 3,143 shares during the period. Finally, Citadel Advisors LLC increased its holdings in FirstSun Capital Bancorp by 170.1% in the third quarter. Citadel Advisors LLC now owns 49,421 shares of the company's stock valued at $1,917,000 after buying an additional 31,125 shares during the last quarter. FirstSun Capital Bancorp Stock Up 0.1%The firm has a market cap of $1.05 billion, a PE ratio of 11.97 and a beta of 0.82. The firm's 50-day moving average price is $36.98 and its two-hundred day moving average price is $37.21. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.00 and a current ratio of 1.01. About FirstSun Capital Bancorp (Get Free Report)FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers. The Mortgage Operations segment originates, sells, services, and manages market risk from changes in interest rates on one-to-four family residential mortgage loans to sell and hold. The company is founded on November 9, 1981 headquartered in Denver, CO.Featured StoriesFive stocks we like better than FirstSun Capital BancorpYour Signature Is Missing – Act Before It’s Too LateA month before the crashThe $100 Trillion AI Story No One Is Telling You“Fed Proof” Your Bank Account with THESE 4 Simple StepsBuy This Stock at 9:30 AM on MONDAY!This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in FirstSun Capital Bancorp Right Now?Before you consider FirstSun Capital Bancorp, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FirstSun Capital Bancorp wasn't on the list.While FirstSun Capital Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here