First Western Financial, Inc. (MYFW)

First Western Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	67.81	64.32	71.11	83.2	56.6	46.1
Net Interest Income Growth	4.42%	-9.54%	-14.54%	47.02%	22.76%	43.80%
Non-Interest Income	27.34	29.95	26.37	29.51	39.11	51.18
Non-Interest Income Growth	-3.34%	13.60%	-10.65%	-24.54%	-23.59%	57.10%
Revenues Before Loan Losses	95.16	94.28	97.47	112.71	95.7	97.28
Provision for Credit Losses	1.38	1.93	10.36	3.68	1.23	4.68
Revenue	93.51	90.07	82.7	107.93	95.41	92.6
Revenue Growth (YoY)	16.68%	8.92%	-23.38%	13.13%	3.03%	44.74%
Compensation Expenses	45.18	45.04	45.2	48.25	40.75	34.79
Selling, General & Admin	17.17	17.51	17.21	18.53	18.12	14.55
Other Non-Interest Expenses	15.91	15.94	13.22	12.33	9.26	10.2
Total Non-Interest Expense	78.26	78.49	75.64	79.11	68.13	59.54
Pretax Income	15.26	11.58	7.06	28.83	27.28	33.06
Provision for Income Taxes	3.69	3.11	1.84	7.13	6.67	8.53
Net Income	11.57	8.47	5.23	21.7	20.61	24.53
Net Income to Common	11.57	8.47	5.23	21.7	20.61	24.53
Net Income Growth	231.52%	62.16%	-75.92%	5.28%	-15.99%	206.33%
Shares Outstanding (Basic)	10	10	10	9	8	8
Shares Outstanding (Diluted)	10	10	10	10	8	8
Shares Change (YoY)	0.51%	0.31%	0.13%	17.95%	3.43%	0.59%
EPS (Basic)	1.20	0.88	0.55	2.29	2.58	3.11
EPS (Diluted)	1.19	0.87	0.54	2.23	2.50	3.08
EPS Growth	230.56%	61.11%	-75.78%	-10.80%	-18.83%	204.95%
Free Cash Flow	9.93	-1.76	19.53	45.31	160.41	-94.52
Free Cash Flow Growth	-	-	-56.89%	-71.75%	-	-
Free Cash Flow Per Share	1.01	-0.18	2.01	4.66	19.48	-11.87
Profit Margin	12.37%	9.41%	6.32%	20.10%	21.60%	26.49%
FCF Margin	10.62%	-1.95%	23.62%	41.98%	168.13%	-102.08%
EBITDA	2.67	2.57	2.38	2.01	1.26	1.12
EBITDA Margin	2.86%	2.85%	2.87%	1.86%	1.32%	1.21%
Effective Tax Rate	24.18%	26.82%	26.00%	24.73%	24.45%	25.80%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q