First Western Financial, Inc., a financial holding company, provides wealth management, private banking, 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, 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 entrepreneurs, professionals, high-net worth individuals or families, and philanthropic and business organizations. The company operates 15 profit centers, including 11 boutique private trust bank offices with 2 locations in Arizona, 8 locations in Colorado, and 1 location in Wyoming; 2 loan production offices with 1 location in Ft. Collins, Colorado, and 1 location in Greenwood Village, Colorado; and 2 trust offices with 1 location in Laramie, Wyoming, and 1 location in Century City, California. First Western Financial, Inc. was incorporated in 2002 and is headquartered in Denver, Colorado.
IPO Year: 2018
Exchange: NASDAQ
Website: myfw.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/28/2025 | $23.00 → $24.50 | Outperform | Hovde Group |
8/28/2024 | $21.00 → $23.50 | Outperform | Hovde Group |
2/28/2024 | $20.50 → $19.00 | Market Perform → Outperform | Hovde Group |
1/4/2023 | $30.00 | Outperform → Market Perform | Hovde Group |
12/15/2022 | $32.00 → $30.00 | Overweight → Neutral | Piper Sandler |
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Hovde Group reiterated coverage of First Western with a rating of Outperform and set a new price target of $24.50 from $23.00 previously
Hovde Group reiterated coverage of First Western with a rating of Outperform and set a new price target of $23.50 from $21.00 previously
Hovde Group upgraded First Western from Market Perform to Outperform and set a new price target of $19.00 from $20.50 previously
Hovde Group downgraded First Western from Outperform to Market Perform and set a new price target of $30.00
Piper Sandler downgraded First Western from Overweight to Neutral and set a new price target of $30.00 from $32.00 previously
Piper Sandler initiated coverage of First Western Financial with a rating of Overweight and set a new price target of $25.00
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4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
4 - First Western Financial Inc (0001327607) (Issuer)
10-Q - First Western Financial Inc (0001327607) (Filer)
8-K - First Western Financial Inc (0001327607) (Filer)
8-K - First Western Financial Inc (0001327607) (Filer)
S-8 - First Western Financial Inc (0001327607) (Filer)
8-K - First Western Financial Inc (0001327607) (Filer)
8-K - First Western Financial Inc (0001327607) (Filer)
8-K - First Western Financial Inc (0001327607) (Filer)
8-K - First Western Financial Inc (0001327607) (Filer)
10-Q - First Western Financial Inc (0001327607) (Filer)
8-K - First Western Financial Inc (0001327607) (Filer)
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Second Quarter 2025 Summary Total loans increased $115 million, or 4.7%, from $2.43 billion as of Q1 2025 to $2.54 billion as of Q2 2025Net interest margin increased 6 basis points from 2.61% in Q1 2025 to 2.67% in Q2 2025Net interest income increased $0.4 million from $17.5 million in Q1 2025 to $17.9 million in Q2 2025Non-interest expense decreased $0.3 million from $19.4 million in Q1 2025 to $19.1 million in Q2 2025Net income available to common shareholders of $2.5 million, or $0.26 per diluted share, in Q2 2025 DENVER, July 24, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported financial results for the second qu
DENVER, July 08, 2025 (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, 2025 after the markets close on Thursday, July 24, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, July 25, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants on t
First Quarter 2025 Summary Net income available to common shareholders of $4.2 million in Q1 2025, compared to $2.7 million in Q4 2024Diluted earnings per share of $0.43 in Q1 2025, compared to $0.28 in Q4 2024Net interest income of $17.5 million in Q1 2025, compared to $16.9 million in Q4 2024Net interest margin increased 16 basis points from 2.45% in Q4 2024 to 2.61% in Q1 2025Other real estate owned ("OREO") decreased $31.5 million from $35.9 million in Q4 2024 to $4.4 million in Q1 2025 due to the sale of two properties for a net gain of $0.5 millionNoninterest-bearing deposits increased 9.1% from $375.6 million as of Q4 2024 to $409.7 million as of Q1 2025 DENVER, April 24, 2025 (GL
DENVER, April 04, 2025 (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 first quarter ended March 31, 2025 after the markets close on Thursday, April 24, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, April 25, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants o
Fourth Quarter 2024 Summary Net income available to common shareholders of $2.7 million in Q4 2024, compared to $2.1 million in Q3 2024Diluted earnings per share of $0.28 in Q4 2024, compared to $0.22 in Q3 2024Net interest income of $16.9 million in Q4 2024, compared to $15.6 million in Q3 2024Net interest margin increased 13 basis points from 2.32% in Q3 2024 to 2.45% in Q4 2024Total loans increased 2.1% from $2.40 billion in Q3 2024 to $2.45 billion in Q4 2024Average deposits increased 4.0% from $2.40 billion in Q3 2024 to $2.50 billion in Q4 2024 DENVER, Jan. 23, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported fi
DENVER, Jan. 07, 2025 (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 fourth quarter ended December 31, 2024 after the markets close on Thursday, January 23, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, January 24, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici
Third Quarter 2024 Summary Net income available to common shareholders of $2.1 million in Q3 2024, compared to $1.1 million in Q2 2024Diluted earnings per share of $0.22 in Q3 2024, compared to $0.11 in Q2 2024Total deposits increased 3.7% from $2.41 billion in Q2 2024 to $2.50 billion in Q3 2024. Noninterest-bearing deposits increased 19% from $397 million in Q2 2024 to $474 million in Q3 2024Loan-to-Deposit ratio decreased from 101.9% in Q2 2024 to 95.2% in Q3 2024 DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported financial results for the t
DENVER, Oct. 04, 2024 (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, 2024 after the markets close on Thursday, October 24, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, October 25, 2024, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici
Second Quarter 2024 Summary Book value per common share increased 0.1% from $25.52 in Q1 2024 to $25.55 in Q2 2024. Tangible book value per common share(1) increased 0.2% from $22.21 in Q1 2024 to $22.27 in Q2 2024Net interest margin stabilized during the quarter, with a slight increase of 1 basis point from 2.34% in Q1 2024 to 2.35% in Q2 2024Net income available to common shareholders of $1.1 million in Q2 2024, compared to $2.5 million in Q1 2024Diluted earnings per share of $0.11 in Q2 2024, compared to $0.26 in Q1 2024Total capital to risk-weighted assets ratio of 13.44% in Q2 2024, compared to 13.15% in Q1 2024 DENVER, July 23, 2024 (GLOBE NEWSWIRE) -- First Western Fin
DENVER, July 05, 2024 (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, 2024 after the markets close on Tuesday, July 23, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Wednesday, July 24, 2024, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants on
Live Leadership Updates
DENVER, June 06, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western" or the "Company"), today announced the appointment of Ellen S. Robinson to the Company's Board of Directors, as well as the retirement of Eric D. Sipf from the Board of Directors. Scott C. Wylie, Chairman and CEO of First Western, said, "We are very pleased to welcome Ellen Robinson to our Board of Directors. Ellen has been a prominent member of the Denver business community for many years and has been a successful executive in large corporate and smaller, entrepreneurial business environments. She is a seasoned bu
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 announced the appointment of Julie A. Courkamp to the newly created position of Chief Operating Officer. Ms. Courkamp will continue serving in her previous roles as Chief Financial Officer and Treasurer of First Western. Ms. Courkamp also serves on the Board of Directors of First Western Financial, Inc. and First Western Trust Bank. In her role as Chief Operating Officer, Ms. Courkamp will have responsibility for overseeing the Company's operations across the bank, mortgage, trust and inves
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Second Quarter 2025 Summary Total loans increased $115 million, or 4.7%, from $2.43 billion as of Q1 2025 to $2.54 billion as of Q2 2025Net interest margin increased 6 basis points from 2.61% in Q1 2025 to 2.67% in Q2 2025Net interest income increased $0.4 million from $17.5 million in Q1 2025 to $17.9 million in Q2 2025Non-interest expense decreased $0.3 million from $19.4 million in Q1 2025 to $19.1 million in Q2 2025Net income available to common shareholders of $2.5 million, or $0.26 per diluted share, in Q2 2025 DENVER, July 24, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported financial results for the second qu
DENVER, July 08, 2025 (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, 2025 after the markets close on Thursday, July 24, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, July 25, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants on t
First Quarter 2025 Summary Net income available to common shareholders of $4.2 million in Q1 2025, compared to $2.7 million in Q4 2024Diluted earnings per share of $0.43 in Q1 2025, compared to $0.28 in Q4 2024Net interest income of $17.5 million in Q1 2025, compared to $16.9 million in Q4 2024Net interest margin increased 16 basis points from 2.45% in Q4 2024 to 2.61% in Q1 2025Other real estate owned ("OREO") decreased $31.5 million from $35.9 million in Q4 2024 to $4.4 million in Q1 2025 due to the sale of two properties for a net gain of $0.5 millionNoninterest-bearing deposits increased 9.1% from $375.6 million as of Q4 2024 to $409.7 million as of Q1 2025 DENVER, April 24, 2025 (GL
DENVER, April 04, 2025 (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 first quarter ended March 31, 2025 after the markets close on Thursday, April 24, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, April 25, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants o
Fourth Quarter 2024 Summary Net income available to common shareholders of $2.7 million in Q4 2024, compared to $2.1 million in Q3 2024Diluted earnings per share of $0.28 in Q4 2024, compared to $0.22 in Q3 2024Net interest income of $16.9 million in Q4 2024, compared to $15.6 million in Q3 2024Net interest margin increased 13 basis points from 2.32% in Q3 2024 to 2.45% in Q4 2024Total loans increased 2.1% from $2.40 billion in Q3 2024 to $2.45 billion in Q4 2024Average deposits increased 4.0% from $2.40 billion in Q3 2024 to $2.50 billion in Q4 2024 DENVER, Jan. 23, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported fi
DENVER, Jan. 07, 2025 (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 fourth quarter ended December 31, 2024 after the markets close on Thursday, January 23, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, January 24, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici
Third Quarter 2024 Summary Net income available to common shareholders of $2.1 million in Q3 2024, compared to $1.1 million in Q2 2024Diluted earnings per share of $0.22 in Q3 2024, compared to $0.11 in Q2 2024Total deposits increased 3.7% from $2.41 billion in Q2 2024 to $2.50 billion in Q3 2024. Noninterest-bearing deposits increased 19% from $397 million in Q2 2024 to $474 million in Q3 2024Loan-to-Deposit ratio decreased from 101.9% in Q2 2024 to 95.2% in Q3 2024 DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported financial results for the t
DENVER, Oct. 04, 2024 (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, 2024 after the markets close on Thursday, October 24, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, October 25, 2024, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici
Second Quarter 2024 Summary Book value per common share increased 0.1% from $25.52 in Q1 2024 to $25.55 in Q2 2024. Tangible book value per common share(1) increased 0.2% from $22.21 in Q1 2024 to $22.27 in Q2 2024Net interest margin stabilized during the quarter, with a slight increase of 1 basis point from 2.34% in Q1 2024 to 2.35% in Q2 2024Net income available to common shareholders of $1.1 million in Q2 2024, compared to $2.5 million in Q1 2024Diluted earnings per share of $0.11 in Q2 2024, compared to $0.26 in Q1 2024Total capital to risk-weighted assets ratio of 13.44% in Q2 2024, compared to 13.15% in Q1 2024 DENVER, July 23, 2024 (GLOBE NEWSWIRE) -- First Western Fin
DENVER, July 05, 2024 (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, 2024 after the markets close on Tuesday, July 23, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Wednesday, July 24, 2024, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants on