Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

FirstSun Capital Bancorp And HomeStreet Announce Transformational Strategic Merger And $175M Equity Raise

Author: Benzinga Newsdesk | January 16, 2024 07:33am
  • Combined assets of approximately $17 billion
  • Dallas, Texas headquartered bank with an extensive footprint in 6 of the top 10 fastest growing MSAs in the United States
  • Top-tier performance metrics on a pro forma combined basis: ~1.4% ROA and ~17% ROATCE
  • 30%+ accretion to FSUN's 2025 estimated EPS
  • $175 million equity raise, led by Wellington Management, is fully committed
  • Pro forma balance sheet well-positioned with a high-quality combined deposit franchise and neutral interest rate risk profile
  • Highly experienced combined executive management team with proven expertise in M&A

Posted In: FSUN HMST