Top 3 Insider Stock Buys in March—Are They Still Good in April?Insider buying of stocks like Matador Resources, Tenaya Therapeutics, and FirstSun picked up in March and points to value for investors.
Sunflower Bank Hires Bo Scott as Chief Banking Officer to Enhance Middle Market Growth
Sunflower Bank is pleased to announce that Bo Scott has joined Sunflower Bank as Executive Vice President and Chief Banking Officer. In this role, Scott is based at Sunflower Bank’s headquarters in Dallas and oversees the strategy, management and growth of its middle market efforts in all regional markets. Sunflower Bank is an $8.1 billion bank with a model of delivering relationship-driven banking services with local decision-making to communities throughout Texas, Arizona, California, Colorado, Kansas, New Mexico and Washington. The bank’s national lines of business include specialty commercial services and a mortgage lending platform with capabilities in 43 states.
FirstSun Capital Bancorp Reports Fourth Quarter and Full Year 2024 Results
FirstSun Capital Bancorp (“FirstSun”) (
NASDAQ: FSUN) reported net income of $16.4 million for the fourth quarter of 2024 compared to net income of $24.0 million for the fourth quarter of 2023. Earnings per diluted share were $0.58 for the fourth quarter of 2024 compared to $0.94 for the fourth quarter of 2023. Adjusted net income, a non-GAAP financial measure, was $24.3 million or $0.86 per diluted share for the fourth quarter of 2024.
FirstSun Capital Bancorp and HomeStreet, Inc. Provide Update on Status of Strategic Merger
FirstSun Capital Bancorp (
NASDAQ: FSUN) (“FirstSun”) and HomeStreet, Inc. (
NASDAQ: HMST) (“HomeStreet”) announced that, based on discussions FirstSun and its subsidiary, Sunflower Bank, N.A. (“Sunflower”) have had with the Federal Reserve and the Texas Department of Banking, that regulatory approvals necessary for the mergers with HomeStreet and its subsidiary, HomeStreet Bank to proceed have not been obtained and FirstSun and Sunflower have been asked to withdraw their merger applications. FirstSun and HomeStreet are discussing the pursuit of an alternative regulatory structure for the merger. The parties are also discussing terms on which they would terminate the merger agreement if no alternative structure is feasible. There can be no assurance that an alternative regulatory structure may ultimately be feasible.
FirstSun Capital Bancorp Reports Third Quarter 2024 Results
FirstSun Capital Bancorp (“FirstSun”) (
NASDAQ: FSUN) reported net income of $22.4 million for the third quarter of 2024 compared to net income of $25.2 million for the third quarter of 2023. Earnings per diluted share were $0.79 for the third quarter of 2024 compared to $1.00 for the third quarter of 2023. Earnings for the third quarter of 2024 were negatively impacted by $1.2 million of merger costs, net of tax, or $0.05 per diluted share.
FirstSun Capital Bancorp Reports Second Quarter 2024 Results
FirstSun Capital Bancorp (“FirstSun”) (
NASDAQ: FSUN) reported net income of $24.6 million for the second quarter of 2024 compared to net income of $28.0 million for the second quarter of 2023. Earnings per diluted share were $0.88 for the second quarter of 2024 compared to $1.11 for the second quarter of 2023. Earnings for the second quarter of 2024 were negatively impacted by $0.6 million of merger costs, net of tax, or $0.02 per diluted share.
