FirstSun Capital Bancorp operates as a financial holding company, providing a complete suite of banking services, including deposit, lending, treasury management, wealth management, and online banking through its subsidiaries, primarily Sunflower Bank. The company serves a diverse client base ranging from individuals to businesses across several U.S. states, maintaining a significant branch network and offering products such as commercial loans, residential mortgages, and investment management services. Having reported total assets of $7.9 billion as of December 31, 2023, FirstSun aims to be a premier regional bank focusing on organic growth and opportunistic mergers and acquisitions.
In January 2024, FirstSun announced a merger with HomeStreet, Inc., which will facilitate the expansion of its footprint into western markets including California, Hawaii, and the Pacific Northwest, thereby increasing its asset base to about $17 billion. The company's strategy emphasizes investing in technology, enhancing customer relationships, and establishing a solid core deposit franchise. Through its dynamic approach towards customer service and community engagement, FirstSun aims to strengthen its market position while navigating a highly competitive financial landscape.