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MYFW

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

14.51USD+0.01 (+0.07%)Delayed as of 28 Mar 2024, 11:48 am ET

Market Summary

MYFW
USD14.51+0.01
Delayedas of 28 Mar 2024, 11:48 am
0.07%

MYFW Stock Price

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MYFW RSI Chart

MYFW Valuation

Market Cap

139.5M

Price/Earnings (Trailing)

26.7

Price/Sales (Trailing)

0.96

EV/EBITDA

-1.34

Price/Free Cashflow

7.14

MYFW Price/Sales (Trailing)

MYFW Profitability

EBT Margin

4.85%

Return on Equity

2.15%

Return on Assets

0.18%

Free Cashflow Yield

14%

MYFW Fundamentals

MYFW Revenue

Revenue (TTM)

145.6M

Rev. Growth (Yr)

-3.55%

Rev. Growth (Qtr)

4.14%

MYFW Earnings

Earnings (TTM)

5.2M

Earnings Growth (Yr)

-158.84%

Earnings Growth (Qtr)

-203.24%

Breaking Down MYFW Revenue

52 Week Range

13.0022.00
(Low)(High)

Last 7 days

4.3%

Last 30 days

0.1%

Last 90 days

-27.3%

Trailing 12 Months

-35.6%

How does MYFW drawdown profile look like?

MYFW Financial Health

MYFW Investor Care

Shares Dilution (1Y)

1.20%

Diluted EPS (TTM)

0.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023122.8M137.3M147.0M145.6M
202291.6M89.8M91.6M107.9M
202199.9M99.5M95.0M95.4M
202065.6M73.0M85.9M92.6M
201957.5M59.7M61.9M64.0M
201855.3M56.1M56.8M57.6M
201700054.5M

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 15, 2024
scott james allen
acquired
-
-
5,752
chief clientexperience officer
Feb 01, 2024
wylie scott c
sold
-695,915
16.41
-42,408
chairman, ceo and president
Jan 02, 2024
wylie scott c
sold (taxes)
-146,601
19.62
-7,472
chairman, ceo and president
Jan 02, 2024
sawyer john emery
acquired
-
-
4,564
chief investment officer
Jan 02, 2024
wylie scott c
acquired
-
-
24,456
chairman, ceo and president
Jan 02, 2024
lawley scott j
sold (taxes)
-24,309
19.62
-1,239
chief credit officer
Jan 02, 2024
lawley scott j
acquired
-
-
3,640
chief credit officer
Jan 02, 2024
weber david r.
acquired
-
-
607
chief financial officer
Jan 02, 2024
sawyer john emery
sold (taxes)
-30,489
19.62
-1,554
chief investment officer
Jan 02, 2024
weber david r.
sold (taxes)
-4,041
19.62
-206
chief financial officer

1–10 of 50

Which funds bought or sold MYFW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
added
2.21
756,361
7,235,930
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.42
6,385
79,003
-%
Feb 23, 2024
MENDON CAPITAL ADVISORS CORP
new
-
1,131,560
1,131,560
0.47%
Feb 15, 2024
Legal & General Group Plc
reduced
-15.28
-1,051
13,088
-%
Feb 15, 2024
BARCLAYS PLC
added
371
215,000
266,000
-%
Feb 15, 2024
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.
reduced
-6.53
110,375
5,301,950
0.31%
Feb 14, 2024
SEGALL BRYANT & HAMILL, LLC
sold off
-100
-211,339
-
-%
Feb 14, 2024
ALLIANCEBERNSTEIN L.P.
added
3.26
754,109
6,637,800
-%
Feb 14, 2024
CITADEL ADVISORS LLC
new
-
318,945
318,945
-%
Feb 14, 2024
Royal Bank of Canada
added
12.57
34,000
178,000
-%

1–10 of 50

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 15, 2024
10-K
Annual Report
Mar 07, 2024
8-K/A
Current Report
Mar 05, 2024
8-K
Current Report
Feb 27, 2024
8-K
Current Report
Feb 21, 2024
8-K
Current Report
Feb 16, 2024
4
Insider Trading
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 02, 2024
4
Insider Trading
Jan 29, 2024
SC 13G
Major Ownership Report

Peers (Alternatives to First Western Financial Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
574.7B
171.1B
9.83% 42.39%
11.6
3.36
60.72% 31.52%
297.7B
130.3B
8.68% 33.18%
11.23
2.29
79.51% -3.68%
206.2B
85.7B
10.06% 39.05%
10.77
2.41
41.49% 39.96%
120.0B
133.3B
10.88% 37.45%
13
0.9
79.09% -
16.4B
10.2B
11.38% -2.76%
10.23
1.61
44.53% -22.43%
14.6B
7.9B
6.82% 30.36%
15.11
1.84
46.47% -49.56%
MID-CAP
7.2B
4.2B
2.60% 18.49%
8.16
1.72
56.25% -23.46%
6.4B
3.9B
0.02% 35.77%
9.4
1.62
45.91% -25.03%
3.3B
1.3B
-0.91% 7.40%
12.35
2.6
43.24% -22.35%
3.2B
2.0B
-1.30% -0.93%
17.55
1.64
70.97% -50.03%
SMALL-CAP
509.4M
120.2M
2.72% 45.71%
19.47
4.24
25.23% -24.02%
428.7M
164.9M
-6.65% 19.35%
36.65
2.6
42.66% -70.76%
411.8M
162.6M
-0.86% -7.25%
13.69
2.53
25.39% -38.37%
313.8M
96.6M
-6.16% 2.24%
9.9
3.25
11.02% -11.37%
46.8M
60.9M
-6.19% -32.56%
-13.99
0.77
24.06% -144.92%

First Western Financial Inc News

Latest updates
Investing.com • 05 Mar 2024 • 10:19 pm
TipRanks • 05 Mar 2024 • 08:00 am
Simply Wall St • 05 Feb 2024 • 08:00 am

First Western Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.1%38.0036.0036.0035.0039.0027.0022.0020.0023.0025.0024.0024.0023.0029.0024.0016.0016.0017.0017.0015.0014.00
EBITDA Margin-10.8%0.59*0.66*0.78*0.92*1.06*1.12*1.05*0.98*0.89*0.93*0.91*0.91*---------
Interest Expenses-100.0%-17.0018.0020.0021.0023.0020.0018.0014.0015.0014.0013.0013.0013.0011.009.0011.008.008.003.008.00
Income Taxes-199.9%-1.101.001.001.002.002.001.002.001.002.002.002.002.003.003.000.001.001.001.00-0.071.00
Earnings Before Taxes-203.2%-4.364.002.005.007.008.006.007.003.008.008.008.007.0013.0011.002.003.003.002.002.002.00
EBT Margin-61.9%0.05*0.13*0.17*0.22*0.27*0.26*0.27*0.29*0.29*0.33*0.36*0.39*---------
Net Income-203.2%-3.223.002.004.005.006.004.006.002.006.006.006.005.0010.009.001.003.002.001.002.002.00
Net Income Margin-62.1%0.04*0.09*0.12*0.16*0.20*0.20*0.20*0.22*0.22*0.25*0.27*0.29*---------
Free Cashflow-20.2%11.0014.00-6.230.0011.0024.0012.00-1.5629.003.00141-11.82---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.9%2,9753,0033,0062,9692,8672,7292,5412,5772,5272,0762,0092,2121,9741,9731,8111,3541,2521,2721,1901,1451,084
    Cash Equivalents-6.3%25427129829519716517245438731028937615625019211979.0014693.0070.0073.00
  Net PPE-0.6%25.0025.0025.0025.0025.0025.0024.0024.0024.006.006.006.005.005.005.005.005.005.006.006.006.00
  Goodwill--------------24.0024.0020.0020.0020.0023.0025.0025.00
Liabilities-0.9%2,7332,7562,7632,7292,6262,4942,3132,3532,3081,9011,8412,0501,8191,8231,6711,2251,1241,1461,0681,025967
Shareholder's Equity-1.4%243246242240241235228223219175168161155150139129128126122120117
  Retained Earnings-5.9%51.0054.0051.0050.0047.0046.0040.0036.0030.0028.0022.0016.0010.005.00-4.92-13.62-14.95-17.53-19.93-21.34-23.20
  Additional Paid-In Capital0.2%193193192192190190189189189146146145145144143143143143142142141
Shares Outstanding0.2%10.0010.0010.0010.009.009.009.009.009.008.008.008.00---------
Float-------214---166---90.00---87.00--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-19.6%11,81414,695-5,60497512,04224,75812,993-1,51528,8043,763141,039-11,091-63,773-20,2769,231-18,50124,766-28,686-11,952-5,6419,243
  Share Based Compensation-27.8%399553299592497658680727853725712613665638587654506939467379434
Cashflow From Investing89.0%-3,602-32,763-26,345-3,681-111,689-214,453-252,55019,89422,131-38,428-21,463-5,265-24,150-77,337-313,614-40,919-69,4494,434-7,710-43,654-35,825
Cashflow From Financing-215.0%-25,254-8,01634,450101,261130,911183,337-42,93648,73725,81355,811-206,423236,303-6,446156,295377,54599,296-22,85577,65942,66545,70429,521
  Buy Backs-------------7.00--3707358.00---

MYFW Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest and dividend income:  
Loans, including fees$ 135,429$ 95,170
Loans accounted for under the fair value option1,3351,347
Investment securities2,4632,053
Interest-bearing deposits in other financial institutions5,7112,245
Dividends, restricted stock620381
Total interest and dividend income145,558101,196
Interest expense:  
Deposits65,46013,012
Other borrowed funds8,9934,258
Total interest expense74,45317,270
Net interest income71,10583,926
Less: Provision for credit losses[1],[2]10,3553,682
Net interest income, after provision for credit losses60,75080,244
Non-interest income:  
Trust and investment management fees18,78818,943
Net gain on mortgage loans2,8264,584
Net loss on loans held for sale(178)(12)
Bank fees2,0222,660
Risk management and insurance fees9191,231
Income on company-owned life insurance378349
Net gain on equity interests07
Net loss on loans accounted for under the fair value option(2,010)(891)
Unrealized (loss)/gain recognized on equity securities(22)342
Other(775)477
Total non-interest income21,94827,690
Total income before non-interest expense82,698107,934
Non-interest expense:  
Salaries and employee benefits45,20248,248
Occupancy and equipment7,5977,520
Professional services7,6387,896
Technology and information systems3,4974,462
Data processing4,5394,285
Marketing1,5401,888
Marketing250308
Net gain on assets held for sale0(4)
Net gain on sale of other real estate owned0(44)
Other5,3744,547
Total non-interest expense75,63779,106
Income before income taxes7,06128,828
Income tax expense1,8367,130
Net income available to common shareholders$ 5,225$ 21,698
Earnings per common share:  
Basic (in dollars per share)$ 0.55$ 2.29
Diluted (in dollars per share)$ 0.54$ 2.23
[1] Provision for credit loss amounts for periods prior to the ASC 326 adoption date of January 1, 2023 are reported in accordance with previously applicable GAAP.
[2]Provision for credit loss amounts for periods prior to the ASC 326 adoption date of January 1, 2023 are reported in accordance with previously applicable GAAP.

MYFW Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Cash and cash equivalents:  
Cash and due from banks$ 7,284$ 4,926
Interest-bearing deposits in other financial institutions247,158191,586
Total cash and cash equivalents254,442196,512
Held-to-maturity securities, at amortized cost, net of allowance for credit losses of $71 and $0 (fair value of $66,617 and $74,718), respectively74,10281,056
Correspondent bank stock, at cost7,1557,110
Mortgage loans held for sale7,2548,839
Loans held for sale01,965
Loans (includes $13,726 and $23,321 measured at fair value, respectively)2,530,9152,469,413
Allowance for credit losses[1](23,931)(17,183)
Loans, net2,506,9842,452,230
Premises and equipment, net25,25625,118
Accrued interest receivable11,42810,445
Accounts receivable5,0954,873
Other receivables4,4671,973
Goodwill and other intangible assets, net31,85432,104
Deferred tax assets, net6,4076,914
Company-owned life insurance16,53016,152
Other assets24,48821,457
Total assets2,975,4622,866,748
Deposits:  
Noninterest-bearing482,579583,092
Interest-bearing2,046,4601,822,137
Total deposits2,529,0392,405,229
Borrowings:  
Federal Home Loan Bank and Federal Reserve borrowings125,711146,886
Subordinated notes52,34052,132
Accrued interest payable3,7931,125
Other liabilities21,84120,512
Total liabilities2,732,7242,625,884
Shareholders' Equity  
Preferred stock - no par value; 10,000,000 shares authorized; 0 issued and outstanding00
Common stock - no par value; 90,000,000 shares authorized; 9,581,183 and 9,495,440 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively00
Additional paid-in capital192,894190,494
Retained earnings51,04251,887
Accumulated other comprehensive loss(1,198)(1,517)
Total shareholders’ equity242,738240,864
Total liabilities and shareholders’ equity$ 2,975,462$ 2,866,748
[1]Allowance for credit loss amounts for periods prior to the ASC 326 adoption date of January 1, 2023 are reported in accordance with previously applicable GAAP
MYFW
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
 WEBSITEwww.myfw.com
 EMPLOYEES365

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 Wed Mar 27 2024, market cap of First Western Financial Inc is 139.51 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 Wed Mar 27 2024, MYFW's PE ratio (Price to Earnings) is 26.7 and Price to Sales (PS) ratio is 0.96. 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.