FirstSun Capital Bancorp (NASDAQ: FSUN) and First Foundation Inc. (NYSE: FFWM) have received regulatory approval from the Board of Governors of the Federal Reserve System to complete their proposed merger. The merger is expected to close on April 1, 2026, subject to the satisfaction of remaining customary closing conditions.
FirstSun Capital Bancorp, headquartered in Denver, Colorado, reported total consolidated assets of $8.5 billion as of December 31, 2025. The company operates as Sunflower Bank, N.A., providing a full range of relationship-focused services with depository branches in seven states and mortgage capabilities in 44 states. Additionally, First National 1870, a division of Sunflower Bank, N.A., offers services to meet personal, business, and wealth management financial objectives.
On the other hand, First Foundation Inc. and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services. The company has offices in California, Nevada, Florida, Texas, and Hawaii, providing a comprehensive platform of financial services designed to help clients at any stage in their financial journey.
The approval of the merger marks a significant development for both companies, as they move closer to combining their operations and expanding their offerings to clients. The market has reacted to these announcements by moving the company's shares -1.52% to a price of $38.78. Check out the company's full 8-K submission here.
