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Stock impact report

FirstSun Capital Bancorp Reports First Quarter 2024 Results [Yahoo! Finance]

First National Corporation (FXNC) 
NASDAQ:AMEX Investor Relations: ir.fbvirginia.com
Company Research Source: Yahoo! Finance
Net interest margin of 3.99% Return on average total assets of 0.64% (excluding merger costs, 0.76%, see the "Non-GAAP Financial Measures and Reconciliations" below) Return on average stockholders' equity of 5.15% (excluding merger costs, 6.11%, see the "Non-GAAP Financial Measures and Reconciliations" below) Loan growth of 1.1% annualized Deposit growth of 4.5% annualized 24.4% noninterest income to total revenue DENVER, April 30, 2024 BUSINESS WIRE )--FirstSun Capital Bancorp ("FirstSun") (OTCQX: FSUN) reported net income of $12.3 million for the first quarter of 2024 compared to net income of $26.3 million for the first quarter of 2023. Earnings per diluted share were $0.45 for the first quarter of 2024 compared to $1.03 for the first quarter of 2023. Earnings for the first quarter of 2024 were negatively impacted by $2.3 million of merger costs, net of tax, or $0.08 per diluted share and a $13.1 million loan charge-off, net of tax, or $0.47 per diluted share. Neal A Show less Read more
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