MYFW icon

First Western Financial

19.08 USD
-0.21
1.09%
Updated Dec 24, 11:15 AM EST
1 day
-1.09%
5 days
-9.87%
1 month
-12.52%
3 months
-3.78%
6 months
13.23%
Year to date
-2.75%
1 year
-6.93%
5 years
11.71%
10 years
-3.15%
 

About: First Western Financial Inc is a financial holding company that provides a fully integrated suite of wealth management services on its private trust bank platform, which includes a comprehensive selection of deposit, loan, trust, wealth planning, and investment management products and services. The company has two operating segments; The Wealth Management segment consists of operations relative to the Company's fully integrated wealth management products and services, and The Mortgage segment consists of operations relative to the Company's residential mortgage service offerings. The bank derives its majority revenue from the wealth management segment.

Employees: 310

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

76% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 17

17% more capital invested

Capital invested by funds: $95.4M [Q2] → $112M (+$16.3M) [Q3]

11% more funds holding

Funds holding: 63 [Q2] → 70 (+7) [Q3]

0.04% less ownership

Funds ownership: 57.88% [Q2] → 57.84% (-0.04%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$23
21%
upside
Avg. target
$24
26%
upside
High target
$25
31%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Piper Sandler
Matthew Clark
83% 1-year accuracy
15 / 18 met price target
21%upside
$23
Neutral
Maintained
10 Dec 2024
Keefe, Bruyette & Woods
Wood Lay
65% 1-year accuracy
33 / 51 met price target
31%upside
$25
Outperform
Maintained
4 Dec 2024

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
First Western Financial, Inc. (MYFW) Q3 2024 Earnings Call Transcript
First Western Financial, Inc. (NASDAQ:MYFW ) Q3 2024 Earnings Call Transcript October 25, 2024 12:00 PM ET Company Participants Tony Rossi - IR Scott Wylie - Chairman and CEO Julie Courkamp - COO David Weber - CFO Conference Call Participants Brett Rabatin - Hovde Group Woody Lay - KBW Matthew Clark - Piper Sandler Bill Dezellem - Tieton Capital Management Ross Haberman - RLH Investments Operator Good day and thank you for standing by. Welcome to the First Western Financial Q3 2024 Earnings Conference Call.
First Western Financial, Inc. (MYFW) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
First Western (MYFW) Q3 Earnings and Revenues Lag Estimates
First Western (MYFW) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.32 per share a year ago.
First Western (MYFW) Q3 Earnings and Revenues Lag Estimates
Neutral
GlobeNewsWire
1 month ago
First Western Reports Third Quarter 2024 Financial Results
Third Quarter 2024 Summary Net income available to common shareholders of $2.1 million in Q3 2024, compared to $1.1 million in Q2 2024 Diluted earnings per share of $0.22 in Q3 2024, compared to $0.11 in Q2 2024 Total 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 2024 Loan-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 third quarter ended September 30, 2024.
First Western Reports Third Quarter 2024 Financial Results
Neutral
GlobeNewsWire
2 months ago
First Western Financial, Inc. to Report Third Quarter 2024 Financial Results on Thursday, October 24
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.
First Western Financial, Inc. to Report Third Quarter 2024 Financial Results on Thursday, October 24
Positive
Zacks Investment Research
4 months ago
Should Value Investors Buy First Western Financial (MYFW) Stock?
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.
Should Value Investors Buy First Western Financial (MYFW) Stock?
Neutral
Seeking Alpha
5 months ago
First Western Financial, Inc. (MYFW) Q2 2024 Earnings Call Transcript
First Western Financial, Inc. (NASDAQ:MYFW ) Q2 2024 Earnings Conference Call July 24, 2024 12:00 PM ET Company Participants Tony Rossi - Financial Profiles, Inc. Scott Wylie - Chairman and Chief Executive Officer Julie Courkamp - Chief Operating Officer David Weber - Chief Financial Officer Conference Call Participants Wood Lay - Keefe, Bruyette, & Woods, Inc. Bill Dezellem - Tieton Capital Management LLC Ross Haberman - RLH Investments Operator Good day, everyone, and thank you for standing by. Welcome to First Western Financial Second Quarter 2024 Earnings Conference Call.
First Western Financial, Inc. (MYFW) Q2 2024 Earnings Call Transcript
Negative
Zacks Investment Research
5 months ago
First Western (MYFW) Q2 Earnings and Revenues Miss Estimates
First Western (MYFW) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.25 per share a year ago.
First Western (MYFW) Q2 Earnings and Revenues Miss Estimates
Neutral
GlobeNewsWire
5 months ago
First Western Reports Second Quarter 2024 Financial Results
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 i n Q1 2024 to $22.27 in Q2 2024 Net 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 2024 Net income available to common shareholders of $1.1 million in Q2 2024, compared to $2.5 million in Q1 2024 Diluted earnings per share of $0.11 in Q2 2024, compared to $0.26 in Q1 2024 Total capital to risk-weighted assets ratio of 13.44% in Q2 2024, compare d to 13.15% in Q1 2024 DENVER, July 23, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the second quarter ended June 30, 2024.
First Western Reports Second Quarter 2024 Financial Results
Positive
Zacks Investment Research
5 months ago
First Western (MYFW) Reports Next Week: Wall Street Expects Earnings Growth
First Western (MYFW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
First Western (MYFW) Reports Next Week: Wall Street Expects Earnings Growth
Positive
Zacks Investment Research
5 months ago
Will First Western (MYFW) Gain on Rising Earnings Estimates?
First Western (MYFW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Will First Western (MYFW) Gain on Rising Earnings Estimates?
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