Philadelphia Financial Management of San Francisco LLC Invests $873,000 in Firstsun Capital Bancorp (NASDAQ:FSUN)

Philadelphia Financial Management of San Francisco LLC bought a new stake in shares of Firstsun Capital Bancorp (NASDAQ:FSUN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,500 shares of the company’s stock, valued at approximately $873,000. Philadelphia Financial Management of San Francisco LLC owned about 0.07% of Firstsun Capital Bancorp as of its most recent filing with the Securities and Exchange Commission.

Separately, Fourthstone LLC purchased a new position in Firstsun Capital Bancorp in the third quarter worth about $13,846,000.

Wall Street Analysts Forecast Growth

Separately, Raymond James upgraded Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 price objective on the stock in a research report on Tuesday, November 19th.

Firstsun Capital Bancorp Stock Performance

NASDAQ:FSUN opened at $37.92 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.03. The firm’s fifty day moving average is $39.01. Firstsun Capital Bancorp has a fifty-two week low of $31.81 and a fifty-two week high of $43.80.

Firstsun Capital Bancorp 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.