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FirstSun Capital (NASDAQ: FSUN) posts 2025 results and names new director

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

FirstSun Capital Bancorp filed an update covering recent financial communications and board changes. The company issued an earnings press release with results for the fourth quarter and full year ended December 31, 2025, and posted a related investor presentation on its website, both of which will be used for an earnings conference call and future investor conferences.

Director Diane L. Merdian announced her intention to resign from the boards of the company and its bank subsidiary, effective at the earlier of the closing of FirstSun’s proposed merger with First Foundation Inc. or the 2026 annual stockholders’ meeting. The board appointed Peter E. Murphy, founder and CEO of Wentworth Capital Management, as a Class III director with a term expiring at the 2026 annual meeting and as a director of the bank. He joined several board committees and received a one-time grant of 50 shares of common stock to meet bank regulatory ownership requirements and will participate in standard non-employee director compensation programs.

Positive

  • None.

Negative

  • None.
Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
0001709442FALSE00017094422026-01-232026-01-23

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): January 23, 2026

FIRSTSUN CAPITAL BANCORP
(Exact name of registrant as specified in its charter)

Delaware001-4217581-4552413
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification Number)
1400 16th Street, Suite 250
Denver, Colorado 80202
(Address of principal executive offices and zip code)

(303) 831-6704
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange
 on which registered
Common Stock, $.0001 Par ValueFSUNNasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17CFR § 230.405) or 12b-2 of the Exchange Act of 1934 (17 CFR § 240.12b-2).

Emerging growth company     

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 2.02 Results of Operations and Financial Condition.
On January 26, 2026, FirstSun Capital Bancorp (the “Company”) issued an earnings press release announcing financial results for the fourth quarter and full year ended December 31, 2025. The earnings press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 23, 2026, Diane L. Merdian announced her intention to resign as a director of the Company and its wholly owned subsidiary, Sunflower Bank, N.A. (the “Bank”), in each case effective as of the earlier of (i) the closing of the Company’s proposed merger with First Foundation Inc. and (ii) the 2026 Annual Meeting of Stockholders of the Company (the “2026 Annual Meeting”).
Ms. Merdian has served as a valuable member of the Company’s board of directors (the “Board”) since 2017. In her letter of resignation, Ms. Merdian expressed her pleasure in serving on the boards of the Company and the Bank and wished continued success to the Company and the Bank after her resignation. The Company thanks Ms. Meridian for her service and wishes her the best in her endeavors following her resignation.
On January 23, 2026, on the recommendation of the Nominating and Governance Committee of the Board, the Board appointed Peter E. Murphy as a Class III director, effective immediately, with a term expiring at the 2026 Annual Meeting. Mr. Murphy will fill a vacancy previously created by the resignation of a Class III director. Mr. Murphy was also elected to serve on the board of directors of the Bank. Mr. Murphy was appointed to serve as a member of the Nominating and Governance and Compensation and Succession Committees of the Company and the Bank, as well as the Trust and Fiduciary Committee of the Bank.
Mr. Murphy is the founder and Chief Executive Officer of Wentworth Capital Management, a private investment and venture capital firm focused on media, technology and branded consumer businesses.
Mr. Murphy will participate in the Company’s standard non-employee director compensation arrangements, as described under the heading “Compensation of Directors for Fiscal Year 2024” in the Company’s definitive proxy statement filed with the SEC on March 21, 2025, as such arrangements may be amended from time to time, which description is incorporated herein by reference. In connection with his appointment, on January 23, 2026, Mr. Murphy also received a one-time stock grant of 50 shares of the Company’s common stock to satisfy bank regulatory stock ownership requirements.
Pursuant to a Board Representative Letter dated February 21, 2025 by and between the Company and various trusts associated with Mollie Hale Carter (the “Mollie Hale Carter Trust Stockholder Group”), the Mollie Hale Carter Trust Stockholder Group has the right to designate one nominee to the Board. Mr. Murphy is expected to be the designated nominee of the Mollie Hale Carter Trust Stockholder Group at the 2026 Annual Meeting.
There are no transactions between the Company and Mr. Murphy that would require disclosure under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Information.
    On January 26, 2026, the Company, made available on its website an investor presentation regarding the Company’s financial results for the fourth quarter and full year ended December 31, 2025, which will be used in connection with an earnings conference call for investors and analysts at 11:00 a.m. (EST) on Tuesday January 27, 2026 and at upcoming investor conferences. The investor presentation is furnished as Exhibit 99.2.
Item 9.01 Financial Statements and Exhibits
(d) The following exhibit index lists the exhibits that are either filed or furnished with this Current Report on Form 8-K:
EXHIBIT INDEX



Exhibit NumberDescription
99.1
Earnings Press Release
99.2
Investor Presentation
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



FIRSTSUN CAPITAL BANCORP
Date: January 26, 2026
By:
/s/ Robert A. Cafera, Jr.
Name:
Robert A. Cafera, Jr.
Title:
Senior Executive Vice President and
Chief Financial Officer
(Principal Financial Officer)

FAQ

What did FirstSun Capital Bancorp (FSUN) announce about its latest financial results?

The company issued an earnings press release with financial results for the fourth quarter and full year ended December 31, 2025, furnished as Exhibit 99.1 and accompanied by an investor presentation.

Which director is resigning from FirstSun Capital Bancorp (FSUN) and when will it be effective?

Diane L. Merdian announced her intention to resign as a director of the company and its bank subsidiary, effective as of the earlier of the closing of the proposed merger with First Foundation Inc. or the 2026 Annual Meeting of Stockholders.

Who is the new director appointed to FirstSun Capital Bancorp (FSUN)’s board?

The board appointed Peter E. Murphy as a Class III director effective January 23, 2026, with a term expiring at the 2026 Annual Meeting, and also elected him to the bank’s board.

What board committees will Peter E. Murphy serve on at FirstSun Capital Bancorp (FSUN)?

Peter E. Murphy was appointed to the Nominating and Governance Committee and the Compensation and Succession Committee of the company and the bank, and to the bank’s Trust and Fiduciary Committee.

Did Peter E. Murphy receive any stock in connection with his appointment to FirstSun Capital Bancorp (FSUN)?

Yes. In connection with his appointment, Peter E. Murphy received a one-time grant of 50 shares of the company’s common stock to satisfy bank regulatory stock ownership requirements.

How is the Mollie Hale Carter Trust Stockholder Group involved in FirstSun Capital Bancorp (FSUN)’s board nominations?

Under a Board Representative Letter, the Mollie Hale Carter Trust Stockholder Group has the right to designate one board nominee, and Peter E. Murphy is expected to be its designated nominee at the 2026 Annual Meeting.

What investor materials did FirstSun Capital Bancorp (FSUN) make available with this filing?

The company furnished an earnings press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2) covering financial results for the fourth quarter and full year ended December 31, 2025.