FirstSun Capital Bancorp (FSUN) saw its stock plummet by 5.06% to close at $X.XX on October 30th, 2024, amid concerns over regulatory challenges in its proposed merger with HomeStreet (HMST).

According to recent reports, the $X billion merger between FSUN and HMST has hit a regulatory snag, raising doubts about the timeline and potential completion of the deal. The companies are reportedly working through the regulatory issues, but the uncertainty has weighed heavily on investor sentiment.

The merger, initially announced in [month, year], was expected to create a combined entity with a stronger foothold in the [region/states] banking market. However, the regulatory hurdles have cast a shadow over the potential synergies and strategic benefits of the deal, prompting investors to reassess their positions in FSUN.