First Western Financial Inc (MYFW) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, First Western Financial reported revenue of $101.9M, up 10.8% from $92.0M the year before. Net income was $13.2M (a 12.9% net margin), or $1.34 per diluted share. Net interest income was $75.4M, and the efficiency ratio (noninterest expense / revenue) was 78.3%. Operating activities generated -$1.8M of cash, leaving -$5.8M of free cash flow. At fiscal year end, First Western Financial held $3.15B in total assets against $2.89B in total liabilities.
Open the full interactive First Western Financial financials → Quarterly statements, key ratios, valuation history and price charts.
First Western Financial Key Stats
| Share Price | $29.70 |
|---|---|
| Market Cap | $295.5M |
| P/E Ratio | 22.2 |
| Revenue YoY Growth | +10.8% |
| 52-Week Range | $22.15 – $34.19 |
| Shares Outstanding | 9.8 million (basic, 2026 Q2) |
First Western Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $46.1M | $56.5M | $83.2M | $71.1M | $64.3M | $75.4M |
| Provision for Credit Losses | $4.7M | $1.2M | $3.7M | $10.4M | $1.9M | $5.0M |
| Noninterest Income | $51.2M | $40.1M | $28.4M | $21.9M | $27.7M | $26.6M |
| Noninterest Expense | $59.5M | $68.1M | $79.1M | $75.6M | $78.5M | $79.8M |
| Revenue | $97.3M | $96.7M | $111.6M | $93.1M | $92.0M | $101.9M |
| Pre-Tax Income | $33.1M | $27.3M | $28.8M | $7.1M | $11.6M | $17.1M |
| Income Tax | $8.5M | $6.7M | $7.1M | $1.8M | $3.1M | $3.9M |
| Net Income | $24.5M | $20.6M | $21.7M | $5.2M | $8.5M | $13.2M |
| Diluted EPS | $3.08 | $2.50 | $2.23 | $0.54 | $0.87 | $1.34 |
First Western Financial Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $26.3M | $26.7M | $27.5M | $28.1M |
| Net Income | $3.2M | $3.3M | $6.2M | $5.7M |
| Diluted EPS | $0.32 | $0.34 | $0.63 | $0.57 |
First Western Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $156.0M | — | — | — | — | — |
| Loans (Net) | $1.52B | $1.94B | $2.45B | $2.51B | $2.41B | $2.63B |
| Total Assets | $1.97B | $2.53B | $2.87B | $2.98B | $2.92B | $3.15B |
| Deposits | $1.62B | $2.21B | $2.41B | $2.53B | $2.51B | $2.75B |
| Total Long-Term Debt | $39.3M | $54.0M | $193.6M | $52.3M | $62.6M | $44.8M |
| Total Liabilities | $1.82B | $2.31B | $2.63B | $2.73B | $2.67B | $2.89B |
| Shareholders' Equity | $155.0M | $219.0M | $240.9M | $242.7M | $252.3M | $265.6M |
First Western Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$93.3M | $165.8M | $48.3M | $21.9M | -$544,000 | -$1.8M |
| Cash From Investing | -$456.0M | -$46.4M | -$558.8M | -$66.4M | $66.4M | -$264.4M |
| Cash From Financing | $626.7M | $111.5M | $320.0M | $102.4M | -$84.3M | $228.6M |
| Free Cash Flow | -$94.5M | $163.7M | $45.3M | $19.5M | -$1.8M | -$5.8M |
Figures from First Western Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full First Western Financial financials page for every line item.
First Western Financial Company Profile
| Ticker | MYFW |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Denver, Colorado |
| Incorporated in | Colorado |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001327607 |
Frequently Asked Questions
What was First Western Financial's revenue in fiscal 2025?
First Western Financial (MYFW) reported revenue of $101.9M for fiscal 2025.
What is First Western Financial's annual revenue history?
First Western Financial's annual revenue by fiscal year: 2020: $97.3M; 2021: $96.7M; 2022: $111.6M; 2023: $93.1M; 2024: $92.0M; 2025: $101.9M.
What was First Western Financial's net income in fiscal 2025?
First Western Financial reported net income of $13.2M for fiscal 2025.
What was First Western Financial's earnings per share (EPS) in fiscal 2025?
First Western Financial's diluted EPS was $1.34 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did First Western Financial generate in fiscal 2025?
First Western Financial generated -$5.8M of free cash flow in fiscal 2025.
What was First Western Financial's revenue last quarter?
In its most recent reported quarter (2026 Q2), First Western Financial reported revenue of $28.1M.
How much debt does First Western Financial have?
First Western Financial reported $44.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of First Western Financial are outstanding?
First Western Financial reported a weighted average of 9.8 million basic shares outstanding in 2026 Q2.
What is First Western Financial's market cap?
Based on its latest closing price, First Western Financial (MYFW) has a market capitalization of about $295.5M.
Where is First Western Financial headquartered?
First Western Financial lists its business address in Denver, Colorado in its SEC filings.