05:57 PM EDT, 10/27/2025 (MT Newswires) -- FirstSun Capital Bancorp ( FSUN ) and First Foundation ( FFWM ) said late Monday they have agreed to a $785 million all-stock merger, creating a $17 billion regional bank with strong exposure to high-growth U.S. markets.

Under the agreement, First Foundation ( FFWM ) shareholders will receive 0.16083 shares of FirstSun common stock for each share they own, the companies said.

Following the merger, FirstSun shareholders will hold 59.5% and First Foundation ( FFWM ) shareholders 40.5% of the combined entity, which will retain the FirstSun and Sunflower Bank names.

The board-approved merger is expected to accelerate FirstSun's Southern California expansion and drive 2027 earnings per share accretion above 30%, the companies added.

The transaction is expected to close in early Q2, 2026, subject to regulatory and shareholder approvals.

In after-hours trading, FirstSun Capital Bancorp ( FSUN ) shares fell 3.2%, while First Foundation ( FFWM ) shares rose 6.3%.