First Western Financial, Inc. (MYFW)

NASDAQ: MYFW · IEX Real-Time Price · USD
18.40
+0.05 (0.30%)
May 20, 2024, 11:13 AM EDT - Market open
0.30%
Market Cap 175.69M
Revenue (ttm) 80.28M
Net Income (ttm) 3.92M
Shares Out 9.62M
EPS (ttm) 0.41
PE Ratio 44.73
Forward PE 13.50
Dividend n/a
Ex-Dividend Date n/a
Volume 1,293
Open 18.33
Previous Close 18.34
Day's Range 18.33 - 18.40
52-Week Range 12.84 - 22.00
Beta 0.62
Analysts Buy
Price Target 22.00 (+19.6%)
Earnings Date Apr 18, 2024

About MYFW

First Western Financial, Inc., a financial holding company, provides wealth advisory, private baking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, life insurance, and trust and investment management advisory products and services. The Mortgage segment engages in soliciting, originating, and selling mortgage loans into the secondary market. It serves entrepreneur... [Read more]

Sector Financials
IPO Date Jul 19, 2018
Employees 310
Stock Exchange NASDAQ
Ticker Symbol MYFW
Full Company Profile

Financial Performance

In 2023, MYFW's revenue was $82.70 million, a decrease of -23.38% compared to the previous year's $107.93 million. Earnings were $5.23 million, a decrease of -75.92%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MYFW stock is "Buy." The 12-month stock price forecast is $22.0, which is an increase of 19.60% from the latest price.

Price Target
$22.0
(19.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

First Western Reports First Quarter 2024 Financial Results

First Quarter 2024 Summary Net income available to common shareholders of $2.5 million in Q1 2024, compared to a Net loss of $3.2 million in Q4 2023. Diluted earnings/(loss) per share of $0.26 in Q1 2...

4 weeks ago - GlobeNewsWire

First Western Financial, Inc. to Report First Quarter 2024 Financial Results on Thursday, April 18

DENVER, April 05, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that ...

6 weeks ago - GlobeNewsWire

First Western Reports Fourth Quarter 2023 Financial Results

Fourth Quarter 2023 Summary Total deposits increased to $2.53 billion, or 4.5%, from $2.42 billion as of Q3 2023 Loan to deposit ratio improved to 100.7% in Q4 2023, compared to 105.1% in Q3 2023 Net ...

4 months ago - GlobeNewsWire

First Western Financial, Inc. to Report Fourth Quarter 2023 Financial Results on Thursday, January 25

DENVER, Jan. 05, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that i...

4 months ago - GlobeNewsWire

First Western Reports Third Quarter 2023 Financial Results

Third Quarter 2023 Summary Net revenue increased $2.0 million, or 9.6%, to $22.5 million in Q3 2023, compared to $20.6 million in Q2 2023 Net income available to common shareholders of $3.1 million in...

7 months ago - GlobeNewsWire

First Western Financial, Inc. to Report Third Quarter 2023 Financial Results on Thursday, October 19

DENVER, Oct. 06, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that i...

8 months ago - GlobeNewsWire

First Western Trust Opened New Office Location in Bozeman, Montana

The new location will offer personalized private banking, commercial banking, and trust and investment services to the Bozeman community. BOZEMAN, MT / ACCESSWIRE / October 2, 2023 / Last week, First ...

8 months ago - Accesswire

First Western Reports Second Quarter 2023 Financial Results

Second Quarter 2023 Summary Total assets of $3.0 billion and assets under management of $6.5 billion Net income available to common shareholders of $1.5 million in Q2 2023 , compared to $3.8 million i...

10 months ago - GlobeNewsWire

First Western Financial, Inc. to Report Second Quarter 2023 Financial Results on Thursday, July 27

DENVER, July 07, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that i...

11 months ago - GlobeNewsWire

First Western Reports First Quarter 2023 Financial Results

First Quarter 2023 Summary Net income available to common shareholders of $3.8 million in Q1 2023 , compared to $5.5 million in Q4 2022 and $5.5 million in Q1 2022 Diluted EPS of $0.39 in Q1 2023 , co...

1 year ago - GlobeNewsWire

First Western Financial, Inc. to Report First Quarter 2023 Financial Results on Thursday, April 27

DENVER, April 07, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that ...

1 year ago - GlobeNewsWire

First Western Reports Fourth Quarter 2022 Financial Results

Fourth Quarter 2022 Summary

1 year ago - GlobeNewsWire

First Western Financial, Inc. to Report Fourth Quarter 2022 Financial Results on Thursday, January 26

DENVER, Jan. 06, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that i...

1 year ago - GlobeNewsWire

First Western Financial, Inc. Announces Completion of $20 Million Subordinated Debt Offering

DENVER, Dec. 05, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western” or the “Company”), today...

1 year ago - GlobeNewsWire

First Western Reports Third Quarter 2022 Financial Results

Third Quarter 2022 Summary

1 year ago - GlobeNewsWire

First Western Financial, Inc. to Report Third Quarter 2022 Financial Results on Thursday, October 20

DENVER, Oct. 06, 2022 (GLOBE NEWSWIRE) --  First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that ...

1 year ago - GlobeNewsWire

First Western Reports Second Quarter 2022 Financial Results

Second Quarter 2022 Summary

1 year ago - GlobeNewsWire

First Western Financial, Inc. to Report Second Quarter 2022 Financial Results on Thursday, July 28

DENVER, July 08, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that i...

2 years ago - GlobeNewsWire

First Western Financial, Inc. Completes Systems Integration in Wyoming

Integration activates added scale, expanded product mix, and increased opportunities to serve local Wyoming markets Integration activates added scale, expanded product mix, and increased opportunities...

2 years ago - GlobeNewsWire

First Western Reports First Quarter 2022 Financial Results

First Quarter 2022 Summary

2 years ago - GlobeNewsWire

First Western Financial, Inc. to Report First Quarter 2022 Financial Results on Thursday, April 28

DENVER, April 06, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that ...

2 years ago - GlobeNewsWire

Julie A. Courkamp Appointed Chief Operating Officer of First Western Financial, Inc.

DENVER, Feb. 10, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western” or the “Company”), today...

2 years ago - GlobeNewsWire

First Western Trust Hires Paula Campos to Focus on Scottsdale

SCOTTSDALE, Ariz., Jan. 31, 2022 (GLOBE NEWSWIRE) -- First Western Trust Bank* (“First Western Trust”), a wholly-owned subsidiary of First Western Financial, Inc. (NASDAQ: MYFW), has announced the hir...

2 years ago - GlobeNewsWire

First Western Reports Fourth Quarter 2021 Financial Results

Fourth Quarter 2021 Summary

2 years ago - GlobeNewsWire

First Western Financial, Inc. to Report Fourth Quarter 2021 Financial Results on Thursday, January 27

DENVER, Jan. 05, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that i...

2 years ago - GlobeNewsWire