First Western Financial Inc financial data

Symbol
MYFW on Nasdaq
Industry
State Commercial Banks
Location
1900 Sixteenth St, #1200, Denver, CO
State of incorporation
Colorado
Latest financial report
10-Q - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.11K % -0.06%
Return On Equity 1.42 % -79.9%
Return On Assets 0.12 % -79.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.66M shares +1.18%
Common Stock, Shares, Outstanding 9.66M shares +1.21%
Entity Public Float 141M USD -34.3%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 9.65M shares +1.21%
Weighted Average Number of Shares Outstanding, Diluted 9.75M shares +0.66%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 80.1M USD -20.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.42M USD -30.5%
Income Tax Expense (Benefit) 1.37M USD -76%
Net Income (Loss) Attributable to Parent 3.49M USD -79.5%
Earnings Per Share, Basic 0.36 USD/shares -79.9%
Earnings Per Share, Diluted 0.36 USD/shares -79.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 6.12M USD -15%
Property, Plant and Equipment, Net 24.7M USD -3.2%
Operating Lease, Right-of-Use Asset 18.7M USD +107%
Goodwill 30.4M USD 0%
Assets 2.94B USD -2.27%
Liabilities 2.69B USD -2.63%
Accumulated Other Comprehensive Income (Loss), Net of Tax -649K USD +25.3%
Retained Earnings (Accumulated Deficit) 54.6M USD +6.82%
Stockholders' Equity Attributable to Parent 247M USD +1.91%
Liabilities and Equity 2.94B USD -2.27%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.34M USD -340%
Net Cash Provided by (Used in) Financing Activities -53.7M USD -153%
Net Cash Provided by (Used in) Investing Activities 59.5M USD
Common Stock, Shares Authorized 90M shares 0%
Common Stock, Shares, Issued 9.66M shares +1.21%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 246M USD -17.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 23.7M USD +63.6%
Deferred Tax Assets, Valuation Allowance 448K USD 0%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.24 pure -7.69%
Deferred Tax Assets, Gross 12.8M USD -0.24%
Operating Lease, Liability 21.5M USD +90%
Payments to Acquire Property, Plant, and Equipment 181K USD -77.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3.71M USD -79.2%
Lessee, Operating Lease, Liability, to be Paid 28.3M USD +137%
Property, Plant and Equipment, Gross 38.1M USD +6.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.24M USD -9.99%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.74M USD -20%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +36.6%
Deferred Income Tax Expense (Benefit) 1.61M USD +420%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.83M USD +978%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.36M USD +187%
Deferred Tax Assets, Operating Loss Carryforwards 472K USD 0%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.12M USD +182%
Additional Paid in Capital 193M USD +0.48%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 237K USD -15.4%
Depreciation, Depletion and Amortization 625K USD +7.39%
Share-based Payment Arrangement, Expense 500K USD +50%
Interest Expense 86M USD +81.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares