MYFW - First Western Financial Inc Stock Price, Fair Value and News

18.27USD+0.52 (+2.93%)Delayed

Market Summary

USD18.27+0.52

Delayed

2.93%

MYFW Stock Price

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MYFW RSI Chart

MYFW Valuation

Market Cap

175.8M

Price/Earnings (Trailing)

44.84

Price/Sales (Trailing)

1.31

EV/EBITDA

-0.99

Price/Free Cashflow

10.44

MYFW Price/Sales (Trailing)

MYFW Profitability

EBT Margin

4.09%

Return on Equity

1.6%

Return on Assets

0.13%

Free Cashflow Yield

9.58%

MYFW Fundamentals

MYFW Revenue

Revenue (TTM)

134.1M

Rev. Growth (Yr)

-32.95%

Rev. Growth (Qtr)

-38.74%

MYFW Earnings

Earnings (TTM)

3.9M

Earnings Growth (Yr)

-34.16%

Earnings Growth (Qtr)

178.13%

Breaking Down MYFW Revenue

Last 7 days

3.3%

Last 30 days

33.9%

Last 90 days

26.2%

Trailing 12 Months

7.0%

How does MYFW drawdown profile look like?

MYFW Financial Health

MYFW Investor Care

Shares Dilution (1Y)

0.88%

Diluted EPS (TTM)

0.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	134.1M	0	0	0
2023	116.0M	130.5M	140.2M	145.6M
2022	91.6M	89.8M	91.6M	101.2M
2021	99.9M	99.5M	95.0M	95.4M
2020	65.6M	73.0M	85.9M	92.6M
2019	57.5M	59.7M	61.9M	64.0M
2018	55.3M	56.1M	56.8M	57.6M
2017	0	0	0	54.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of First Western Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	montgomery jesica j.	sold (taxes)	-226	17.45	-13.00	principal accounting officer
May 03, 2024	lawley scott j	sold (taxes)	-1,396	17.45	-80.00	chief credit officer
May 03, 2024	wylie scott c	sold (taxes)	-14,152	17.45	-811	chairman, ceo and president
May 03, 2024	weber david r.	sold (taxes)	-488	17.45	-28.00	chief financial officer
May 03, 2024	courkamp julie a	sold (taxes)	-3,891	17.45	-223	chief operating officer
May 02, 2024	courkamp julie a	sold (taxes)	-3,373	17.39	-194	chief operating officer
May 02, 2024	cassell matthew c.	sold (taxes)	-626	17.39	-36.00	chief banking officer
May 02, 2024	lawley scott j	sold (taxes)	-712	17.39	-41.00	chief credit officer
May 02, 2024	montgomery jesica j.	sold (taxes)	-1,234	17.39	-71.00	principal accounting officer
May 02, 2024	wylie scott c	sold (taxes)	-10,920	17.39	-628	chairman, ceo and president

Which funds bought or sold MYFW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	First Western Trust Bank	unchanged	-	-635,880	1,765,930	0.08%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.89	-14,405	11,751	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	unchanged	-	-55,650	154,548	-%
May 15, 2024	MENDON CAPITAL ADVISORS CORP	reduced	-45.19	42,102	1,173,660	0.63%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-49.23	-1,068,490	636,490	0.01%
May 15, 2024	Royal Bank of Canada	reduced	-24.2	-79,000	99,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	new	-	306,384	306,384	-%
May 15, 2024	CITADEL ADVISORS LLC	sold off	-100	-318,945	-	-%
May 15, 2024	DEUTSCHE BANK AG\	added	9.75	-25,114	104,991	-%
May 15, 2024	STATE STREET CORP	unchanged	-	-564,349	1,567,280	-%

Are Funds Buying or Selling MYFW?

Are funds buying MYFW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MYFW

No. of Funds

Unveiling First Western Financial Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	first western financial inc	7.9%	763,141	SC 13G/A
Feb 09, 2024	banc funds co llc	3.6%	351,290	SC 13G/A
Jan 29, 2024	blackrock inc.	5.6%	534,458	SC 13G
Feb 10, 2023	first western financial inc	7.9%	749,280	SC 13G/A
Feb 10, 2023	basswood capital management, l.l.c.	0.00%	0	SC 13G/A
Feb 07, 2023	banc funds co llc	3.2%	321,290	SC 13G/A
Feb 07, 2023	banc funds co llc	3.2%	321,290	SC 13G/A
Feb 14, 2022	basswood capital management, l.l.c.	6.20%	498,053	SC 13G
Feb 14, 2022	kennedy capital management, inc.	3.9%	365,765	SC 13G/A
Feb 11, 2022	wylie scott c	8.7%	832,712	SC 13G/A

Recent SEC filings of First Western Financial Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
May 03, 2024	10-Q	Quarterly Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to First Western Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

First Western Financial Inc News

Latest updates

First Western Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-38.7%	23.00	38.00	36.00	36.00	35.00	33.00	27.00	22.00	20.00	23.00	25.00	24.00	24.00	23.00	29.00	24.00	16.00	16.00	17.00	17.00	15.00
EBITDA Margin	12.0%	0.62*	0.55*	0.70*	0.83*	0.98*	1.13*	1.12*	1.05*	0.98*	0.89*	0.93*	0.91*	-	-	-	-	-	-	-	-	-
Interest Expenses	45.1%	24.00	16.00	17.00	18.00	20.00	22.00	23.00	20.00	18.00	14.00	15.00	14.00	13.00	13.00	13.00	11.00	9.00	11.00	8.00	8.00	3.00
Income Taxes	197.0%	1.00	-1.13	1.00	1.00	1.00	2.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00	2.00	3.00	3.00	0.00	1.00	1.00	1.00	-0.07
Earnings Before Taxes	182.1%	4.00	-4.36	4.00	2.00	5.00	7.00	8.00	6.00	7.00	3.00	8.00	8.00	8.00	7.00	13.00	11.00	2.00	3.00	3.00	2.00	2.00
EBT Margin	-15.8%	0.04*	0.05*	0.13*	0.17*	0.23*	0.28*	0.26*	0.27*	0.29*	0.29*	0.33*	0.36*	-	-	-	-	-	-	-	-	-
Net Income	178.1%	3.00	-3.22	3.00	2.00	4.00	5.00	6.00	4.00	6.00	2.00	6.00	6.00	6.00	5.00	10.00	9.00	1.00	3.00	2.00	1.00	2.00
Net Income Margin	-18.6%	0.03*	0.04*	0.10*	0.13*	0.17*	0.21*	0.20*	0.20*	0.22*	0.22*	0.25*	0.27*	-	-	-	-	-	-	-	-	-
Free Cashflow	-122.2%	-2.52	11.00	14.00	-6.23	0.00	11.00	24.00	12.00	-1.56	29.00	3.00	141	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.5%	2,932	2,975	3,003	3,006	2,969	2,867	2,729	2,541	2,577	2,527	2,076	2,009	2,212	1,974	1,973	1,811	1,354	1,252	1,272	1,190	1,145
Cash Equivalents	1.4%	258	254	271	298	295	197	165	172	454	387	310	289	376	156	250	192	119	79.00	146	93.00	70.00
Net PPE	-1.5%	25.00	25.00	25.00	25.00	25.00	25.00	25.00	24.00	24.00	24.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	6.00	6.00
Goodwill	0%	30.00	30.00	-	-	30.00	30.00	-	-	-	31.00	-	-	-	-	24.00	24.00	20.00	20.00	20.00	23.00	25.00
Liabilities	-1.7%	2,687	2,733	2,756	2,763	2,729	2,626	2,494	2,313	2,353	2,308	1,901	1,841	2,050	1,819	1,823	1,671	1,225	1,124	1,146	1,068	1,025
Shareholder's Equity	1.1%	246	243	246	242	240	241	235	228	223	219	175	168	161	155	150	139	129	128	126	122	120
Retained Earnings	4.9%	54.00	51.00	54.00	51.00	50.00	52.00	46.00	40.00	36.00	30.00	28.00	22.00	16.00	10.00	5.00	-4.92	-13.62	-14.95	-17.53	-19.93	-21.34
Additional Paid-In Capital	-0.1%	193	193	193	192	192	190	190	189	189	189	146	146	145	145	144	143	143	143	143	142	142
Shares Outstanding	0.4%	10.00	10.00	10.00	10.00	10.00	9.00	9.00	9.00	9.00	9.00	8.00	8.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	141	-	-	-	214	-	-	-	166	-	-	-	90.00	-	-	-	87.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-119.8%	-2,339	11,814	14,695	-5,604	975	12,042	24,758	12,993	-1,515	28,804	3,763	141,039	-11,091	-63,773	-20,276	9,231	-18,501	24,766	-28,686	-11,952	-5,641
Share Based Compensation	-47.6%	209	399	553	299	592	497	658	680	727	853	725	712	613	665	638	587	654	506	939	467	379
Cashflow From Investing	1750.8%	59,461	-3,602	-32,763	-26,345	-3,681	-111,689	-214,453	-252,550	19,894	22,131	-38,428	-21,463	-5,265	-24,150	-77,337	-313,614	-40,919	-69,449	4,434	-7,710	-43,654
Cashflow From Financing	-112.5%	-53,675	-25,254	-8,016	34,450	101,261	130,911	183,337	-42,936	48,737	25,813	55,811	-206,423	236,303	-6,446	156,295	377,545	99,296	-22,855	77,659	42,665	45,704
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7.00	-	-	370	735	8.00	-	-

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MYFW Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest and dividend income:
Loans, including fees	$ 35,139	$ 32,080
Loans accounted for under the fair value option	209	427
Investment securities	603	629
Interest-bearing deposits in other financial institutions	2,352	1,403
Dividends, restricted stock	95	173
Total interest and dividend income	38,398	34,712
Interest expense:
Deposits	20,622	13,092
Other borrowed funds	1,706	2,047
Total interest expense	22,328	15,139
Net interest income	16,070	19,573
Less (Plus): Provision (release) for credit losses	72	(310)
Net interest income, after provision (release) for credit losses	15,998	19,883
Non-interest income:
Trust and investment management fees	4,930	4,635
Net gain on mortgage loans	1,264	1,019
Net gain (loss) on loans held for sale	117	(178)
Bank fees	891	592
Risk management and insurance fees	49	127
Income on company-owned life insurance	105	90
Net loss on loans accounted for under the fair value option	(302)	(543)
Unrealized (loss) gain recognized on equity securities	(6)	10
Other	229	54
Total non-interest income	7,277	5,806
Total income before non-interest expense	23,275	25,689
Non-interest expense:
Salaries and employee benefits	11,267	13,098
Occupancy and equipment	1,976	1,914
Professional services	2,411	1,923
Technology and information systems	1,010	832
Data processing	948	1,139
Marketing	194	391
Amortization of other intangible assets	57	64
Other	1,833	1,167
Total non-interest expense	19,696	20,528
Income before income taxes	3,579	5,161
Income tax expense	1,064	1,341
Net income available to common shareholders	$ 2,515	$ 3,820
Earnings per common share:
Basic (in USD per share)	$ 0.26	$ 0.40
Diluted (in USD per share)	$ 0.26	$ 0.39

MYFW Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Cash and cash equivalents:
Cash and due from banks	$ 8,136	$ 7,284
Interest-bearing deposits in other financial institutions	249,753	247,158
Total cash and cash equivalents	257,889	254,442
Held-to-maturity securities, net of allowance for credit losses of $71 and $71, (fair value of $64,908 and $66,617), respectively	72,303	74,102
Correspondent bank stock, at cost	4,461	7,155
Mortgage loans held for sale, at fair value	10,470	7,254
Total	2,475,524	2,530,915
Allowance for credit losses	(24,630)	(23,931)
Total, net	2,450,894	2,506,984
Premises and equipment, net	24,869	25,256
Accrued interest receivable	11,919	11,428
Accounts receivable	4,980	5,095
Other receivables	5,254	4,467
Goodwill and other intangible assets, net	31,797	31,854
Deferred tax assets, net	5,695	6,407
Company-owned life insurance	16,635	16,530
Other assets	35,051	24,488
Total assets	2,932,217	2,975,462
Deposits:
Noninterest-bearing	434,236	482,579
Interest-bearing	2,097,734	2,046,460
Total deposits	2,531,970	2,529,039
Borrowings:
Federal Home Loan Bank and Federal Reserve borrowings	69,484	125,711
Subordinated notes	52,397	52,340
Accrued interest payable	2,415	3,793
Other liabilities	30,423	21,841
Total liabilities	2,686,689	2,732,724
Shareholders' Equity
Preferred stock - no par value; 10,000,000 shares authorized; 0 issued and outstanding	0	0
Common stock - no par value; 90,000,000 shares authorized; 9,621,309 and 9,581,183 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	0	0
Additional paid-in capital	192,724	192,894
Retained earnings	53,557	51,042
Accumulated other comprehensive loss	(753)	(1,198)
Total shareholders’ equity	245,528	242,738
Total liabilities and shareholders’ equity	$ 2,932,217	$ 2,975,462

About First Western Financial Inc

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 entrepreneurs, professionals, high-net worth individuals or families, and business and philanthropic organizations. First Western Financial, Inc. was incorporated in 2002 and is headquartered in Denver, Colorado.

CEO	Mr. Scott C. Wylie
WEBSITE	myfw.com
INDUSTRY	Banks Diversified
EMPLOYEES	365

First Western Financial Inc Frequently Asked Questions

What is the ticker symbol for First Western Financial Inc? What does MYFW stand for in stocks?

MYFW is the stock ticker symbol of First Western Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Western Financial Inc (MYFW)?

As of Fri May 17 2024, market cap of First Western Financial Inc is 175.78 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MYFW stock?

You can check MYFW's fair value in chart for subscribers.

What is the fair value of MYFW stock?

You can check MYFW's fair value in chart for subscribers. The fair value of First Western Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Western Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MYFW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Western Financial Inc a good stock to buy?

The fair value guage provides a quick view whether MYFW is over valued or under valued. Whether First Western Financial Inc is cheap or expensive depends on the assumptions which impact First Western Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MYFW.

What is First Western Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MYFW's PE ratio (Price to Earnings) is 44.84 and Price to Sales (PS) ratio is 1.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MYFW PE ratio will change depending on the future growth rate expectations of investors.