MYFW - Earnings announcements

First Quarter 2026 Summary Net income available to common shareholders of $6.2 million in Q1 2026, compared to $3.3 million in Q4 2025Diluted earnings per share of $0.63 in Q1 2026, compared to $0.34 in Q4 2025Net interest margin increased 10 basis points from 2.71% in Q4 2025 to 2.81% in Q1 2026Net interest income increased $0.3 million, or 1.5%, from $20.6 million in Q4 2025 to $20.9 million in Q1 2026Non-interest income increased $0.6 million, or 9.8%, from $6.1 million in Q4 2025 to $6.7 million in Q1 2026Total deposits increased $95 million, or 3.5%, from $2.75 billion in Q4 2025 to $2.84 billion in Q1 2026 DENVER, April 23, 2026 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("F

DENVER, April 07, 2026 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its first quarter ended March 31, 2026 after the markets close on Thursday, April 23, 2026. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, April 24, 2026, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants o

Fourth Quarter 2025 Summary Net income available to common shareholders of $3.3 million in Q4 2025, compared to $3.2 million in Q3 2025Diluted earnings per share of $0.34 in Q4 2025, compared to $0.32 in Q3 2025Net interest margin increased 17 basis points from 2.54% in Q3 2025 to 2.71% in Q4 2025Net interest income increased $1.1 million, or 5.6%, from $19.5 million in Q3 2025 to $20.6 million in Q4 2025Total loans held for investment increased $59 million, or 2.3%, from $2.59 billion in Q3 2025 to $2.65 billion in Q4 2025 DENVER, Jan. 22, 2026 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported financial results for the

DENVER, Jan. 07, 2026 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its fourth quarter ended December 31, 2025 after the markets close on Thursday, January 22, 2026. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, January 23, 2026, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici

Third Quarter 2025 Summary Net income available to common shareholders of $3.2 million in Q3 2025, compared to $2.5 million in Q2 2025Diluted earnings per share of $0.32 in Q3 2025, compared to $0.26 in Q2 2025Total deposits increased $320 million, or 12.6%, from $2.53 billion in Q2 2025 to $2.85 billion in Q3 2025Net interest income increased $1.6 million, or 8.9%, from $17.9 million in Q2 2025 to $19.5 million in Q3 2025Non-interest income increased $0.5 million, or 7.9%, from $6.3 million in Q2 2025 to $6.8 million in Q3 2025 DENVER, Colo., Oct. 23, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported financial results

DENVER, Oct. 06, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its third quarter ended September 30, 2025 after the markets close on Thursday, October 23, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, October 24, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici

Second Quarter 2025 Summary Total loans increased $115 million, or 4.7%, from $2.43 billion as of Q1 2025 to $2.54 billion as of Q2 2025Net interest margin increased 6 basis points from 2.61% in Q1 2025 to 2.67% in Q2 2025Net interest income increased $0.4 million from $17.5 million in Q1 2025 to $17.9 million in Q2 2025Non-interest expense decreased $0.3 million from $19.4 million in Q1 2025 to $19.1 million in Q2 2025Net income available to common shareholders of $2.5 million, or $0.26 per diluted share, in Q2 2025 DENVER, July 24, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported financial results for the second qu

DENVER, July 08, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its second quarter ended June 30, 2025 after the markets close on Thursday, July 24, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, July 25, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants on t

First Quarter 2025 Summary Net income available to common shareholders of $4.2 million in Q1 2025, compared to $2.7 million in Q4 2024Diluted earnings per share of $0.43 in Q1 2025, compared to $0.28 in Q4 2024Net interest income of $17.5 million in Q1 2025, compared to $16.9 million in Q4 2024Net interest margin increased 16 basis points from 2.45% in Q4 2024 to 2.61% in Q1 2025Other real estate owned ("OREO") decreased $31.5 million from $35.9 million in Q4 2024 to $4.4 million in Q1 2025 due to the sale of two properties for a net gain of $0.5 millionNoninterest-bearing deposits increased 9.1% from $375.6 million as of Q4 2024 to $409.7 million as of Q1 2025 DENVER, April 24, 2025 (GL

DENVER, April 04, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its first quarter ended March 31, 2025 after the markets close on Thursday, April 24, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, April 25, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants o

Fourth Quarter 2024 Summary Net income available to common shareholders of $2.7 million in Q4 2024, compared to $2.1 million in Q3 2024Diluted earnings per share of $0.28 in Q4 2024, compared to $0.22 in Q3 2024Net interest income of $16.9 million in Q4 2024, compared to $15.6 million in Q3 2024Net interest margin increased 13 basis points from 2.32% in Q3 2024 to 2.45% in Q4 2024Total loans increased 2.1% from $2.40 billion in Q3 2024 to $2.45 billion in Q4 2024Average deposits increased 4.0% from $2.40 billion in Q3 2024 to $2.50 billion in Q4 2024 DENVER, Jan. 23, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported fi

DENVER, Jan. 07, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its fourth quarter ended December 31, 2024 after the markets close on Thursday, January 23, 2025. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, January 24, 2025, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici

Third Quarter 2024 Summary Net income available to common shareholders of $2.1 million in Q3 2024, compared to $1.1 million in Q2 2024Diluted earnings per share of $0.22 in Q3 2024, compared to $0.11 in Q2 2024Total deposits increased 3.7% from $2.41 billion in Q2 2024 to $2.50 billion in Q3 2024. Noninterest-bearing deposits increased 19% from $397 million in Q2 2024 to $474 million in Q3 2024Loan-to-Deposit ratio decreased from 101.9% in Q2 2024 to 95.2% in Q3 2024 DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:MYFW), today reported financial results for the t

DENVER, Oct. 04, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its third quarter ended September 30, 2024 after the markets close on Thursday, October 24, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, October 25, 2024, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici

Second Quarter 2024 Summary Book value per common share increased 0.1% from $25.52 in Q1 2024 to $25.55 in Q2 2024. Tangible book value per common share(1) increased 0.2% from $22.21 in Q1 2024 to $22.27 in Q2 2024Net interest margin stabilized during the quarter, with a slight increase of 1 basis point from 2.34% in Q1 2024 to 2.35% in Q2 2024Net income available to common shareholders of $1.1 million in Q2 2024, compared to $2.5 million in Q1 2024Diluted earnings per share of $0.11 in Q2 2024, compared to $0.26 in Q1 2024Total capital to risk-weighted assets ratio of 13.44% in Q2 2024, compared to 13.15% in Q1 2024 DENVER, July 23, 2024 (GLOBE NEWSWIRE) -- First Western Fin

DENVER, July 05, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its second quarter ended June 30, 2024 after the markets close on Tuesday, July 23, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Wednesday, July 24, 2024, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participants on

First Quarter 2024 Summary Net income available to common shareholders of $2.5 million in Q1 2024, compared to a Net loss of $3.2 million in Q4 2023.Diluted earnings/(loss) per share of $0.26 in Q1 2024, compared to $(0.34) in Q4 2023 Non-interest income increased 19.7% to $7.3 million compared to $6.1 million in Q4 2023 and 25.3% compared to $5.8 million in Q1 2023Loan to deposit ratio decreased to 98.4% in Q1 2024, compared to 100.6% in Q4 2023Book value per common share increased 0.8% from $25.33 in Q4 2023 to $25.52 in Q1 2024. Tangible book value per common share(1) increased 0.9% from $22.01 in Q4 2023, to $22.21 in Q1 2024.Total capital to risk-weighted assets ratio of 13.15% in Q1 2

DENVER, April 05, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its first quarter ended March 31, 2024 after the markets close on Thursday, April 18, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, April 19, 2024, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participan

Fourth Quarter 2023 Summary Total deposits increased to $2.53 billion, or 4.5%, from $2.42 billion as of Q3 2023Loan to deposit ratio improved to 100.7% in Q4 2023, compared to 105.1% in Q3 2023Net income available to common shareholders of $0.3 million in Q4 2023, compared to $3.1 million in Q3 2023 and pre-tax, pre-provision net income(1) of $4.1 million in Q4 2023, compared to $4.6 million in Q3 2023Diluted EPS of $0.03 in Q4 2023, compared to $0.32 in Q3 2023 Total capital to risk-weighted assets ratio of 12.82% in Q4 2023, compared to 12.45% in Q3 2023 DENVER, Jan. 25, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("First Western" or the "Company") (NASDAQ:M

DENVER, Jan. 05, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its fourth quarter ended December 31, 2023 after the markets close on Thursday, January 25, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, January 26, 2024, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici

Third Quarter 2023 Summary Net revenue increased $2.0 million, or 9.6%, to $22.5 million in Q3 2023, compared to $20.6 million in Q2 2023 Net income available to common shareholders of $3.1 million in Q3 2023, compared to $1.5 million in Q2 2023 and $6.2 million in Q3 2022Diluted EPS of $0.32 in Q3 2023, compared to $0.16 in Q2 2023 and $0.64 in Q3 2022Book value per common share increased to $25.76, or 1.5%, from $25.38 as of Q2 2023, and was up 4.1% from $24.74 as of Q3 2022Total deposits increased to $2.42 billion, or 1.9%, from $2.38 billion as of Q2 2023, and were up 11.7% from $2.17 billion as of Q3 2022 DENVER, Oct. 19, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. ("Fir

DENVER, Oct. 06, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its third quarter ended September 30, 2023 after the markets close on Thursday, October 19, 2023. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, October 20, 2023, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici

Second Quarter 2023 Summary Total assets of $3.0 billion and assets under management of $6.5 billionNet income available to common shareholders of $1.5 million in Q2 2023, compared to $3.8 million in Q1 2023 and $4.5 million in Q2 2022Diluted EPS of $0.16 in Q2 2023, compared to $0.39 in Q1 2023 and $0.46 in Q2 2022Second quarter 2023 included net of tax impacts of $1.5 million related to an allowance recorded on individually analyzed loans, $0.9 million of impairment to the carrying value of contingent consideration assets, and $0.8 million of losses on loans accounted for under the fair value option, with diluted EPS impacts, net of tax, of $0.15, $0.09, and $0.08, respectivelyBook value

DENVER, July 07, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its second quarter ended June 30, 2023 after the markets close on Thursday, July 27, 2023. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, July 28, 2023, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participa

First Quarter 2023 Summary Net income available to common shareholders of $3.8 million in Q1 2023, compared to $5.5 million in Q4 2022 and $5.5 million in Q1 2022Diluted EPS of $0.39 in Q1 2023, compared to $0.56 in Q4 2022 and $0.57 in Q1 2022Book value per common share decreased slightly to $25.22, or 0.6%, from $25.37 as of Q4 2022, which included a $0.56 per share decrease as a result of the adoption of CECL on January 1, 2023. Book value per commons share was up 6.5% from $23.68 as of Q1 2022 $1.5 billion of readily available liquidity funding sources as of Q1 2023Total deposits decreased slightly to $2.39 billion, or 0.6%, from $2.41 billion as of Q4 2022, and were up 5.3% from $2.2

DENVER, April 07, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its first quarter ended March 31, 2023 after the markets close on Thursday, April 27, 2023. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, April 28, 2023, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Participan

Fourth Quarter 2022 Summary Total deposits increased $237.8 million, at an annualized rate of 43.9%, in Q4 2022Total loans held for investment increased $121.2 million, at an annualized rate of 20.6%, in Q4 2022Net income available to common shareholders of $5.5 million in Q4 2022, compared to $6.2 million in Q3 2022 and $1.9 million in Q4 2021Diluted EPS of $0.56 in Q4 2022, compared to $0.64 in Q3 2022 and $0.23 in Q4 2021Pre-tax, pre-provision net income(1) of $8.5 million in Q4 2022, compared to $10.0 million in Q3 2022 and $3.4 million in Q4 2021Book value per common share increased to $25.37, or 2.5%, from $24.74 as of Q3 2022, and was up 9.1% from $23.25 as of Q4 2021 DENVER, Jan.

DENVER, Jan. 06, 2023 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its fourth quarter ended December 31, 2022 after the markets close on Thursday, January 26, 2023. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, January 27, 2023, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Partici

Third Quarter 2022 Summary Net income available to common shareholders of $6.2 million in Q3 2022, compared to $4.5 million in Q2 2022 and $6.4 million in Q3 2021Diluted EPS of $0.64 in Q3 2022, compared to $0.46 in Q2 2022 and $0.78 in Q3 2021Pre-tax, pre-provision net income(1) of $10.0 million in Q3 2022, compared to $6.5 million in Q2 2022 and $8.9 million in Q3 2021Total income before non-interest expense of $27.5 million in Q3 2022, compared to $26.6 million in Q2 2022 and $24.9 million in Q3 2021Total loans held for investment increased at annualized rate of 38.1% in Q3 2022Book value per common share increased to $24.74, or 2.8%, from $24.06 as of Q2 2022, and was up 13.1% from $21.

DENVER, Oct. 06, 2022 (GLOBE NEWSWIRE) --  First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its third quarter ended September 30, 2022 after the markets close on Thursday, October 20, 2022. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, October 21, 2022, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Please

Second Quarter 2022 Summary Net income available to common shareholders of $4.5 million in Q2 2022, compared to $5.5 million in Q1 2022 and $6.3 million in Q2 2021Diluted EPS of $0.46 in Q2 2022, compared to $0.57 in Q1 2022 and $0.76 in Q2 2021Total income before non-interest expense of $26.6 million in Q2 2022, compared to $26.7 million in Q1 2022 and $23.7 million in Q2 2021Total loans held for investment increased at annualized rate of 45.4%Book value per common share increased to $24.06, or 1.6%, from $23.68 as of Q1 2022, and was up 14.5% from $21.01 as of Q2 2021 DENVER, July 28, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc., ("First Western" or the "Company") (NASDAQ:MYF

DENVER, July 08, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its second quarter ended June 30, 2022 after the markets close on Thursday, July 28, 2022. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, July 29, 2022, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Please note that

First Quarter 2022 Summary Net income available to common shareholders of $5.5 million in Q1 2022, compared to $1.9 million in Q4 2021 and $6.0 million in Q1 2021Diluted EPS of $0.57 in Q1 2022, compared to $0.23 in Q4 2021 and $0.74 in Q1 2021Total income before non-interest expense of $26.7 million in Q1 2022, compared to $23.1 million in Q4 2021 and $23.7 million in Q1 2021Book value per common share increased to $23.68, or 1.8%, from $23.25 as of Q4 2021, and was up 16.7% from $20.29 as of Q1 2021 Total assets of $2.58 billion, up 1.9% from Q4 2021 and up 16.5% from Q1 2021 DENVER, April 28, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc., ("First Western" or the "Comp

DENVER, April 06, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its first quarter ended March 31, 2022 after the markets close on Thursday, April 28, 2022. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, April 29, 2022, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Conference Cal

Fourth Quarter 2021 Summary Completed acquisition of Teton Financial Services on December 31, 2021Total assets of $2.53 billion in Q4 2021, up 21.7% from Q3 2021 and up 28.1% from Q4 2020Quarter-over-quarter growth in total loans held for investment of $350.8 million, increase of $252.3 million contributed through acquisition, $98.5 remaining net loan growthTangible book value per common share(1) increased 5.4% from $18.85 as of Q3 2021 to $19.87 as of Q4 2021, and was up 20.9% from $16.44 as of Q4 2020Net income available to common shareholders of $1.9 million in Q4 2021, compared to $6.4 million in Q3 2021 and $4.9 million in Q4 2020Diluted EPS of $0.23 in Q4 2021, compared to $0.78 in

DENVER, Jan. 05, 2022 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its fourth quarter ended December 31, 2021 after the markets close on Thursday, January 27, 2022. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, January 28, 2022, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Confere

Third Quarter 2021 Summary Net income available to common shareholders of $6.4 million in Q3 2021, compared to $6.3 million in Q2 2021 and $9.6 million in Q3 2020Diluted EPS of $0.78 in Q3 2021, compared to $0.76 in Q2 2021 and $1.20 in Q3 2020Gross revenue(1) of $25.3 million in Q3 2021, compared to $23.7 million in Q2 2021 and $31.0 million in Q3 2020Total assets of $2.08 billion in Q3 2021, up 3.3% from Q2 2021 and up 5.2% from Q3 2020Return on average assets of 1.27% in Q3 2021, compared to 1.22% in Q2 2021Return on average shareholders' equity of 14.88% in Q3 2021, compared to 15.17% in Q2 2021Return on tangible common equity(1) of 17.01% in Q3 2021, compared to 17.47% in Q2 2021 (1)

DENVER, Oct. 07, 2021 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ:MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its third quarter ended September 30, 2021 after the markets close on Thursday, October 21, 2021. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, October 22, 2021, to discuss First Western's financial results. Analysts and investors may participate in the question-and-answer session. The conference call will be webcast live on the News & Events page of First Western's investor relations website. Con

Second Quarter 2021 Summary Net income available to common shareholders of $6.3 million in Q2 2021, compared to $6.0 million in Q1 2021 and $8.7 million in Q2 2020Diluted EPS of $0.76 in Q2 2021, compared to $0.74 in Q1 2021 and $1.10 in Q2 2020Gross revenue(1) of $23.7 million in Q2 2021, compared to $23.7 million in Q1 2021 and $26.2 million in Q2 2020Total assets of $2.01 billion, down 9.1% from Q1 2021 and up 11.0% from Q2 2020Return on average assets of 1.22%, compared to 1.16% for the first quarter of 2021Return on average shareholders' equity of 15.17%, compared to 14.95% for the first quarter of 2021Return on tangible common equity(1) of 17.47%, compared to 17.49% for the first quar

DENVER and JACKSON, Wyo., July 22, 2021 (GLOBE NEWSWIRE) -- First Western Financial, Inc., "First Western" (NASDAQ:MYFW), parent company of First Western Trust Bank, "the Bank," and Teton Financial Services, parent company of Rocky Mountain Bank, today announced the signing of a definitive merger agreement pursuant to which Teton Financial Services would merge with and into First Western. Teton Financial Services has three branches in the state of Wyoming, assets of $420.7 million, total deposits of $374.6 million, and total loans of $267.9 million as of June 30, 2021. Teton Financial Services also offers trust and wealth management services and had $394.1 million in assets under managemen