FirstSun Capital Bancorp gets 'overweight' rating as Stephens starts coverage

Firstsun Capital Bancorp

06/05/2025 10:57

** Stephens initiates coverage of regional lender FirstSun Capital Bancorp FSUN.O with "overweight" rating and $44 PT

** Says FSUN is still relatively less known among institutional investment community despite its recent Nasdaq uplisting

** Brokerage expects FSUN to get added to the Russell 2000 index this year, driving higher trading volumes and providing an attractive entry point for investors

** Stephens believes FSUN's loan growth levels will exceed peers in 2025 and 2026 given recent investments to boost the bank's commercial and industrial (C&I) loan portfolio

** All four brokerages covering the stock rate "buy" or higher; median PT $44 - data compiled by LSEG

** As of last close, FSUN stock was down 11.4% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))