First Western Financial Inc

First Western Financial, Inc. operates as a financial holding company, which engages in the provision of wealth managements services. It operates through the following business segments: Wealth Management, Capital Management, and Mortgage. The Wealth Management segment consists of operations relating to its fully integrated wealth management business. The Capital Management segment includes operations relating to its institutional investment management services over proprietary fixed income, high yield and equity strategies, including acting as the advisor of three owned, managed and rated proprietary mutual funds. The Mortgage segment consists of operations relating to the origination and sale of residential mortgage loans. The company was founded by Scott C. Wylie and Warren Joseph Olsen in 2002 and is headquartered in Denver, CO.

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Earnings data Q4 2024

First Western Financial Inc reports solid Q4 performance and eyes growth opportunities

First Western Financial Inc delivered solid performance in loan growth and asset quality, while facing challenges in expenses and fee income.
The company's proactive approach to risk management and revenue growth strategies positions it well to capitalize on market opportunities.
Opportunities for growth lie in trust and investment management, asset management, and differentiation strategies to navigate competitive pressures.
Despite challenges, First Western remains disciplined in its approach, focusing on efficiency, client experience, and maintaining profitability.

First Western Financial Inc reports stable Q1 earnings amidst market challenges

First Western Financial Inc's Q1 performance reflects stability, growth in deposits, and strategic balance sheet actions. The company's strengths lie in a strong CRE loan portfolio, cautious deal pursuit, and a focus on deposit growth. Challenges include margin compression, intense deposit competition, and varying CRE loan market dynamics. Opportunities exist in revenue growth strategies, operational efficiency, and selective deal pursuits.

First Western Financial Inc reports stable Q2 performance and eyes loan growth opportunities

First Western Financial Inc's Q2 performance showed stability in deposits, growth in loan portfolio, and strong asset quality. Challenges include revenue decline and low loan growth expectations. Opportunities lie in increasing loan demand and promising signs for the future.

First Western Financial Inc reports resilient Q3 performance and growth opportunities

First Western Financial Inc navigated challenges to achieve strong financial performance in Q3 2023.
Despite NPAs and revenue declines, the company's focus on risk management and growth strategies remains strong.
Opportunities for growth exist through strategic partnerships and office expansions.
Efforts to manage expenses and drive loan yields are key focus areas for future success.

First Western Financial Inc reports solid Q4 performance and eyes growth opportunities in 2024

First Western Financial Inc's Q4 2023 performance showcased growth in deposits and assets under management, despite revenue challenges.
The company's strengths lie in its increased tangible book value per share, focus on deposit-rich industries, and positive outlook for 2024.
Challenges include mortgage production obstacles, ongoing M&A discussions, and uncertainties in the economic outlook.
Opportunities exist in improving mortgage production, strategic partnerships, and disciplined expense management for revenue growth.

First Western Financial Inc reports strong Q1 performance and growth outlook

First Western Financial Inc's Q1 earnings call showcased positive trends in profitability, asset quality, and strategic expansion. While facing challenges in loan growth and expense management, the company remains focused on resolving nonperforming loans and driving future growth opportunities.

First Western Financial Inc reports mixed Q2 results, eyes growth

First Western Financial Inc's Q2 performance reflects a mixed bag with operational strengths in net income and loan production, countered by challenges in revenue and asset management.
The company's strategic focus on risk management and expense control positions it well for future growth opportunities and overcoming current challenges.
Overall, First Western Financial Inc remains optimistic about the second half of the year, emphasizing a positive outlook driven by a commitment to enhancing operational efficiency and revenue generation.

First Western Financial Inc doubles net income in Q3

First Western Financial Inc delivered a solid performance in Q3 2024, emphasizing prudent risk management and achieving key financial targets.
While facing challenges such as increased non-performing assets and margin compression, the company remains focused on growth opportunities.
By leveraging its strengths in asset management and deposit growth, First Western Financial is well-positioned to navigate market dynamics and drive future success.

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First Western Reports Second Quarter 2021 Financial Results

DENVER, July 07, 2021 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that it will release financial results for its second quarter ended June 30, 2021 after the markets close on Thursday, July 22, 2021.

First Western Financial, Inc. to Report Second Quarter 2021 Financial Results on Thursday, July 22

First Western (MYFW) delivered earnings and revenue surprises of 4.23% and -2.20%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

First Western (MYFW) Q1 Earnings Top Estimates

First Western Reports First Quarter 2021 Financial Results

While fourth quarter earnings underwhelmed, I think MYFW's future profitability bar remains high and the current share price presents a sizable upside opportunity. The credit outlook appears to be best in class with limited areas of stress.

First Western Financial: Solid Profitability And A Long Runway For Growth

The management's efforts to expand its commercial banking and construction teams will likely drive fee income and loans. The mortgage banking income will likely trend downwards after last year's hike. High home prices and stable interest rates will likely drive the normalization.

First Western Financial: Outlook For Balance Sheet Growth Remains Positive

First Western (MYFW) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

First Western (MYFW) Soars 7.2%: Is Further Upside Left in the Stock?

First Western (MYFW) delivered earnings and revenue surprises of -35.11% and -16.09%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

First Western (MYFW) Q4 Earnings and Revenues Lag Estimates

Shares of First Western Financial (NASDAQ:MYFW) were flat after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 90.62% over the past year to $0.61, which missed the estimate of $0.90.

First Western Financial: Q4 Earnings Insights

First Western Reports Fourth Quarter 2020 Financial Results

In this article we will take a look at whether hedge funds think First Western Financial, Inc. (NASDAQ:MYFW) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks historically outperformed the market after adjusting for known risk factors.

Is First Western Financial (MYFW) A Good Stock To Buy?

DENVER, Nov. 16, 2020 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western” or “the Company”), announced today that it has completed the sale of its Los Angeles-based fixed income portfolio management team (“LA fixed income team”) and certain related advisory and sub-advisory arrangements to Lido Advisors, LLC and Oakhurst Advisors, LLC.

First Western Financial, Inc. Announces Completion of Sale of Los Angeles-Based Fixed Income Team

Shares of First Western Financial (NASDAQ:MYFW) were unchanged after the company reported Q3 results. Quarterly Results Earnings per share were up 300.00% over the past year to $1.20, which beat the estimate of $0.46.

First Western Financial: Q3 Earnings Insights

First Western Reports Third Quarter 2020 Financial Results

DENVER, Oct. 07, 2020 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that it will release financial results for its third quarter ended September 30, 2020 after the markets close on Thursday, October 22, 2020.

First Western Financial, Inc. to Report Third Quarter 2020 Financial Results on Thursday, October 22

First Western Financial, Inc. (MYFW) delivered earnings and revenue surprises of 465.00% and 45.68%, respectively, for the quarter ended June 2020.

First Western Financial, Inc. (MYFW) Tops Q2 Earnings and Revenue Estimates

First Western Financial, Inc. (MYFW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Analysts Estimate First Western Financial, Inc. (MYFW) to Report a Decline in Earnings: What to Look Out for

DENVER, June  08, 2020  (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that it is set to join the broad-market Russell 3000® Index and the small-cap Russell 2000® Index at the conclusion of the Russell US Indexes annual reconstitution, effective after the US equity markets open on June 29, 2020, according to a preliminary list of additions posted by FTSE Russell on June 5, 2020.

First Western Financial, Inc. to Be Added to Russell 3000 and Russell 2000 Indexes

DENVER, May  18, 2020  (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that its wholly owned subsidiary, First Western Trust Bank (the “Bank”), has successfully closed a branch purchase and assumption transaction with Simmons Bank (“Simmons”). Under the terms of the transaction’s definitive agreement, the Bank acquired three branches and one loan production office located in the Denver metro area, purchased loans of approximately $119.8 million and assumed deposits of approximately $67.4 million.

First Western Financial, Inc. Completes Acquisition of Deposits, Loans and Other Assets of Four Simmons Bank Locations in Denver

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for First Western Financial Inc Stock (MYFW)