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Side-by-side financial comparison of FIRSTSUN CAPITAL BANCORP (FSUN) and Terreno Realty Corp (TRNO). Click either name above to swap in a different company.
Terreno Realty Corp is the larger business by last-quarter revenue ($137.5M vs $110.0M, roughly 1.3× FIRSTSUN CAPITAL BANCORP). Terreno Realty Corp runs the higher net margin — 115.1% vs 19.6%, a 95.5% gap on every dollar of revenue. Over the past eight quarters, Terreno Realty Corp's revenue compounded faster (27.2% CAGR vs 6.9%).
FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.
Terreno Realty Corp is a publicly traded real estate investment trust that specializes in owning, operating, and acquiring high-quality industrial real estate assets. Its portfolio mainly includes distribution warehouses and logistics facilities located in high-demand coastal U.S. metropolitan markets, serving tenants across e-commerce, last-mile delivery, retail supply chain, and light manufacturing segments.
FSUN vs TRNO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $110.0M | $137.5M |
| Net Profit | $21.6M | $158.2M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 19.6% | 115.1% |
| Revenue YoY | — | 32.6% |
| Net Profit YoY | -8.4% | 107.9% |
| EPS (diluted) | $0.76 | $1.54 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $110.0M | — | ||
| Q4 25 | $110.2M | $137.5M | ||
| Q3 25 | $107.3M | $116.2M | ||
| Q2 25 | $105.6M | $112.2M | ||
| Q1 25 | $96.2M | $110.4M | ||
| Q4 24 | $98.7M | $103.7M | ||
| Q3 24 | $98.2M | $99.6M | ||
| Q2 24 | $96.2M | $94.2M |
| Q1 26 | $21.6M | — | ||
| Q4 25 | $24.8M | $158.2M | ||
| Q3 25 | $23.2M | $103.4M | ||
| Q2 25 | $26.4M | $93.3M | ||
| Q1 25 | $23.6M | $48.1M | ||
| Q4 24 | $16.4M | $76.1M | ||
| Q3 24 | $22.4M | $36.6M | ||
| Q2 24 | $24.6M | $35.7M |
| Q1 26 | — | — | ||
| Q4 25 | 29.0% | — | ||
| Q3 25 | 26.4% | — | ||
| Q2 25 | 31.2% | — | ||
| Q1 25 | 30.9% | — | ||
| Q4 24 | 20.4% | — | ||
| Q3 24 | 29.1% | — | ||
| Q2 24 | 32.3% | — |
| Q1 26 | 19.6% | — | ||
| Q4 25 | 22.5% | 115.1% | ||
| Q3 25 | 21.6% | 88.9% | ||
| Q2 25 | 25.0% | 83.1% | ||
| Q1 25 | 24.5% | 43.6% | ||
| Q4 24 | 16.6% | 73.4% | ||
| Q3 24 | 22.8% | 36.8% | ||
| Q2 24 | 25.5% | 37.9% |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $0.89 | $1.54 | ||
| Q3 25 | $0.82 | $1.00 | ||
| Q2 25 | $0.93 | $0.90 | ||
| Q1 25 | $0.83 | $0.47 | ||
| Q4 24 | $0.57 | $0.78 | ||
| Q3 24 | $0.79 | $0.37 | ||
| Q2 24 | $0.88 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $413.7M | $25.0M |
| Total DebtLower is stronger | — | $943.3M |
| Stockholders' EquityBook value | $1.2B | $4.1B |
| Total Assets | $8.6B | $5.4B |
| Debt / EquityLower = less leverage | — | 0.23× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $413.7M | — | ||
| Q4 25 | $652.6M | $25.0M | ||
| Q3 25 | $659.9M | $26.2M | ||
| Q2 25 | $785.1M | $128.4M | ||
| Q1 25 | $621.4M | $156.5M | ||
| Q4 24 | $615.9M | $18.1M | ||
| Q3 24 | $573.7M | $243.7M | ||
| Q2 24 | $535.8M | $182.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $943.3M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $742.4M | ||
| Q1 25 | — | $741.9M | ||
| Q4 24 | — | $823.4M | ||
| Q3 24 | — | $672.2M | ||
| Q2 24 | — | $772.0M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $4.1B | ||
| Q3 25 | $1.1B | $4.0B | ||
| Q2 25 | $1.1B | $3.9B | ||
| Q1 25 | $1.1B | $3.9B | ||
| Q4 24 | $1.0B | $3.7B | ||
| Q3 24 | $1.0B | $3.6B | ||
| Q2 24 | $996.6M | $3.4B |
| Q1 26 | $8.6B | — | ||
| Q4 25 | $8.5B | $5.4B | ||
| Q3 25 | $8.5B | $5.3B | ||
| Q2 25 | $8.4B | $5.0B | ||
| Q1 25 | $8.2B | $4.9B | ||
| Q4 24 | $8.1B | $4.8B | ||
| Q3 24 | $8.1B | $4.6B | ||
| Q2 24 | $8.0B | $4.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.22× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $271.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $111.5M | $271.9M | ||
| Q3 25 | $49.4M | $79.5M | ||
| Q2 25 | $15.0M | $60.6M | ||
| Q1 25 | $26.4M | $61.4M | ||
| Q4 24 | $101.1M | $232.7M | ||
| Q3 24 | $48.1M | $70.0M | ||
| Q2 24 | $20.9M | $64.3M |
| Q1 26 | — | — | ||
| Q4 25 | $104.0M | — | ||
| Q3 25 | $47.6M | — | ||
| Q2 25 | $13.0M | — | ||
| Q1 25 | $24.3M | — | ||
| Q4 24 | $95.7M | — | ||
| Q3 24 | $47.1M | — | ||
| Q2 24 | $19.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | 94.3% | — | ||
| Q3 25 | 44.4% | — | ||
| Q2 25 | 12.3% | — | ||
| Q1 25 | 25.3% | — | ||
| Q4 24 | 97.0% | — | ||
| Q3 24 | 47.9% | — | ||
| Q2 24 | 20.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.49× | 1.72× | ||
| Q3 25 | 2.13× | 0.77× | ||
| Q2 25 | 0.57× | 0.65× | ||
| Q1 25 | 1.12× | 1.28× | ||
| Q4 24 | 6.18× | 3.06× | ||
| Q3 24 | 2.15× | 1.91× | ||
| Q2 24 | 0.85× | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FSUN
| Net Interest Income | $82.8M | 75% |
| Noninterest Income | $27.2M | 25% |
TRNO
| Disposal Group Disposed Of By Sale Not Discontinued Operations | $109.5M | 80% |
| Other | $23.8M | 17% |
| At Market Equity Offering Program500Million | $4.1M | 3% |
