Firstsun Capital Bancorp (NASDAQ:FSUN) Stock Price Down 1.1% – Here’s What Happened

Firstsun Capital Bancorp (NASDAQ:FSUN) dropped 1.1% during mid-day trading on Tuesday . The company traded as low as $40.54 and last traded at $40.61. Approximately 20,717 shares changed hands during trading, an increase of 2% from the average daily volume of 20,352 shares. The stock had previously closed at $41.07.

Wall Street Analysts Forecast Growth

Separately, Raymond James initiated coverage on Firstsun Capital Bancorp in a report on Thursday, August 29th. They issued a “market perform” rating on the stock.

Firstsun Capital Bancorp Stock Performance

The business’s 50 day moving average is $42.37.

Firstsun Capital Bancorp (NASDAQ:FSUN) last issued its earnings results on Monday, July 29th. The company reported $0.90 earnings per share (EPS) for the quarter. The company had revenue of $96.17 million during the quarter. On average, analysts expect that Firstsun Capital Bancorp will post 1.97 EPS for the current fiscal year.

Firstsun Capital Bancorp Company Profile

FirstSun Capital Bancorp operates as a bank holding company for Sunflower Bank that provides commercial and consumer banking and financial services to small and medium-sized companies in Texas, Kansas, Colorado, New Mexico, and Arizona. The company offers deposit products, including noninterest bearing accounts, interest-bearing demand products, checking and savings accounts, money market and term certificate accounts, certificates of deposit, and treasury management products and services.