CSIMarket
 
First Western Financial Inc   (NASDAQ: MYFW)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $20.3400 $1.49 7.905%
Day's High: $20.92 Week Perf: 12.19 %
Day's Low: $ 19.54 30 Day Perf: 4.63 %
Volume (M): 98 52 Wk High: $ 22.31
Volume (M$): $ 1,999 52 Wk Avg: $18.93
Open: $19.67 52 Wk Low: $15.54



 Market Capitalization (Millions $) 198
 Shares Outstanding (Millions) 10
 Employees 489
 Revenues (TTM) (Millions $) 90
 Net Income (TTM) (Millions $) 8
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) 1

First Western Financial Inc
First Western Financial Inc is a financial holding company headquartered in Denver, Colorado, USA. The company provides wealth management, private banking, investment management, and trust services to high net worth individuals, families, and businesses in Colorado, Arizona, California, and Wyoming. It was founded in 2002, and since then, it has grown consistently, focusing on building close relationships with its clients.

Wealth Management Services

First Western Financial's wealth management services involve working with clients to identify their financial goals and developing strategies to achieve them. This includes comprehensive financial planning, investment management, tax planning, estate planning, and risk management. The company provides a wide range of investment options, including real estate, individual securities, mutual funds, and alternative investments.

Private Banking Services

The private banking services provided by First Western Financial are designed to meet the unique needs of high net worth individuals and families. These services include banking solutions that are not commonly available to average consumers. Clients can access a suite of credit and deposit products, as well as customized lending solutions. The private banking team works closely with clients to identify their needs and develop personalized solutions.

Investment Management

First Western Financial's investment management division is responsible for managing discretionary and non-discretionary portfolios. The company's investment professionals have extensive experience managing portfolios for high net worth individuals and families. They offer customized and diversified investment solutions, including separate accounts, mutual funds, exchange-traded funds, and alternative investments.

Trust Services

First Western Financial's trust services are designed to help clients manage and transfer their wealth efficiently. The company offers a comprehensive range of trust and estate services, including trust administration, wealth transfer planning, charitable giving, and fiduciary services. The trust services team works closely with clients to develop individualized solutions that meet their specific goals and objectives.

Overall, First Western Financial Inc is a leading provider of wealth management, private banking, investment management, and trust services. The company's unique approach to serving high net worth clients has helped it to establish a solid reputation in the financial services industry. Its focus on building strong relationships with its clients and providing personalized solutions has contributed to its ongoing success.


   Company Address: 1900 16th Street Denver 80202 CO
   Company Phone Number: 531.8100   Stock Exchange / Ticker: NASDAQ MYFW


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Shares

First Western Financial Empowers Shareholders with Stock Repurchase Program, Driving Share Price Growth of 25.07% in 90 Days

Published Mon, Jun 17 2024 12:30 PM UTC



First Western Financial, Inc., a leading financial services holding company, has recently made a significant move to increase shareholder value by authorizing a stock repurchase program. The program, approved by the Board of Directors on June 13, 2024, enables the Company to repurchase up to 200,000 shares of its common stock, which accounts for approximately 2% of...

First Western Financial Inc

First Western Financial Inc Faces Financial Challenges Despite Recent Stock Gains



First Western Financial Inc, a financial services holding company, recorded a solid gain in its stock value over the past five trading days. However, recent financial results indicate some concerning figures, which may have a lasting impact on the company's future prospects. This article explores the implications of these results and their potential effects on First Western Financial Inc going forward.
Stock Performance:
During the past five trading days, First Western Financial Inc stock experienced a notable gain of 6.36%. However, in May 2024, the stock declined by 2.6%. Presently, the stock is trading 0.7% above its 52-week average on the NASDAQ exchange.

First Western Financial Inc

Company's Top-Line Plunges in Recent Fiscal Period

First Western Financial Inc (NASDAQ: MYFW) has recorded a disappointing fiscal span ending December 31, 2023, reflecting significant declines in both revenue and earnings. The company reported a drastic decline of -48.776% in revenue, which plummeted to $13.92 million compared to the previous year. Additionally, MYFW recorded a substantial shortfall per share, falling to $-0.33 from $0.49 in the fourth quarter of 2022.
The decline in revenue is evident when comparing it to the preceding quarter, where income per share dropped from $0.32 per share and revenue tumbled by -38.237% from $22.54 million. These figures indicate a concerning trend of decreasing revenue for First Western Financial Inc.

First Western Financial Inc

First Western Financial Inc Stuns Investors with Drastic Revenue Drop, Sending Shockwaves Through the Industry



Investors and analysts have expressed concerns over the recent financial performance of First Western Financial Inc, a prominent player in the Regional Banks industry. The company reported disappointing results during the financial period ending September 30, 2023. Notably, their earnings per share (EPS) plummeted by 50%, and revenue declined by 18.036% year on year. This decline can be attributed to various factors such as reduced earnings, shrinking profit margins, and a decline in accounts receivable.
Earnings and Revenue Decline:
Compared to the previous financial period, First Western Financial Inc witnessed a significant decline in earnings. The company's EPS dropped to $0.32 from $0.64 during the same timeframe a year earlier. Similarly, revenue declined from $27.50 million to $22.54 million, indicating a concerning downward trend. These weak financial results imply that the company is facing hurdles in generating profits.
Contrasting Industry Performance:
While First Western Financial Inc experienced a decline in performance, the Regional Banks industry as a whole recorded a top-line gain in the third quarter of 2023. Within the same period, the industry saw a 9.643% increase in revenue compared to the previous fiscal year. The industry's growth highlights the challenges faced by First Western Financial Inc and may require further analysis to identify specific issues the company is grappling with.

First Western Financial Inc

Significant Contraction in Revenue Witnessed by First Western Financial Inc Amid Fiscal Q2 2023, Contrary to Gains in Regional Banking Sector

The stock market has always been a source of excitement and intrigue for investors, and the recent performance of First Western Financial Inc (MYFW) has certainly sparked the attention of many. While the company faced some challenges in the fiscal second quarter of 2023, there are positive indications that things may be turning around.
One of the key factors that impacted MYFW's bottom line was a decline in revenue of -22.61%. This decrease resulted in a slump in the company's profitability by -65.22%. However, it's important to note that MYFW's revenue of $20.55 million for this quarter should be compared to the $26.56 million revenue recorded the previous year. This highlights the significance of the decline and indicates that the company still generated a substantial amount of revenue.







First Western Financial Inc's Segments





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com