First Western Financial Inc

First Western Financial Inc

MYFW · NASDAQ · Financial Services / Banks - Regional

31.43USD-0.05 (-0.16%)

Price History

Full chart

Market Stats

Previous Close31.48
Open31.47
Day Range30.95 – 31.72
52-Week Range22.00 – 34.36
Volume24.72K
Market Cap298.03M
P/E (TTM)16.41
Forward P/E0.00
EPS1.86
Dividend Yield0.00%
Beta0.71
50-Day Avg31.25
200-Day Avg28.30

About

First Western Financial, Inc., a financial holding company, provides wealth advisory, private banking, personal trust, investment management, mortgage lending, and institutional asset management services to individual and corporate clients. The company operates in two segments, Wealth Management and Mortgage. The Wealth Management segment provides deposit products, including money market, demand deposit, time-deposit, interest checking, and saving accounts; loans comprising consumer and commercial purpose, unsecured consumer, construction and development, 1-4 residential, commercial real estate, and commercial and industrial loans; trust and investment management advisory products and services; and insurance. The Mortgage segment engages in soliciting, originating, and selling residential mortgage loans into the secondary market. It serves entrepreneurs, professionals, high net worth individuals or families, and business and philanthropic organizations. The company was incorporated in 2002 and is headquartered in Denver, Colorado.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Scott C. Wylie
  • Employees320
  • Headquarters1900 16th Street, Denver, CO, United States, 80202, USA
  • Websitehttps://myfw.com

Leadership

  • Mr. Scott C. WylieFounder, Chairman, CEO & President · b. 1958
  • Ms. Julie A. CourkampCOO & Director · b. 1980
  • Mr. Matthew C. CassellChief Revenue Officer of First Western Trust Bank · b. 1976
  • Mr. David R. WeberPrincipal Accounting Officer, CFO & Treasurer · b. 1988

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue--59.44M60.41M65.25M76.90M103.06M101.04M127.51M165.38M177.77M186.35M
Growth (%)---+1.62%+8.02%+17.85%+34.02%-1.96%+26.20%+29.70%+7.49%+4.83%
Cost of Revenue--6.05M6.55M8.35M13.65M11.91M6.65M20.95M84.81M90.26M88.53M
Gross Profit--53.39M53.86M56.90M63.25M91.15M94.39M106.56M80.57M87.51M97.83M
Gross Margin--89.83%89.16%87.20%82.25%88.44%93.42%83.57%48.72%49.23%52.50%
Operating Expense--49.82M48.85M49.48M53.06M58.08M67.11M77.73M73.51M75.93M79.84M
Operating Income--3.57M5.01M7.42M10.19M33.06M27.28M28.83M7.06M11.58M17.99M
Operating Margin--6.01%8.29%11.37%13.25%32.08%27.00%22.61%4.27%6.51%9.65%
EBITDA--5.99M7.45M9.64M11.86M34.18M28.54M30.84M9.44M14.14M20.05M
EBITDA Margin--10.08%12.34%14.78%15.43%33.16%28.24%24.19%5.71%7.96%10.76%
Net Income10.99M2.65M2.30M2.02M5.65M8.01M24.53M20.61M21.70M5.22M8.47M13.19M
Net Income Margin--3.87%3.35%8.65%10.41%23.81%20.40%17.02%3.16%4.77%7.08%
R&D----0-------
R&D as % of Total Revenue----0.00%-------
Interest Expense005.06M5.76M8.17M12.99M7.23M5.42M17.27M74.45M88.33M84.42M
Interest Expense % of Total Revenue--8.52%9.54%12.52%16.89%7.02%5.36%13.54%45.02%49.69%45.30%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets916.00M969.66M1.08B1.25B1.97B2.53B2.87B2.98B2.92B3.15B
Total Liabilities820.07M867.81M967.45M1.12B1.82B2.31B2.63B2.73B2.67B2.89B
Total Equity95.93M101.85M116.88M127.68M154.96M219.04M240.86M242.74M252.32M265.56M
Cash62.69M9.50M73.36M78.64M155.99M385.49M196.51M254.44M236.04M200.28M
Total Debt57.63M42.00M21.56M20.01M173.85M77.66M199.02M178.05M109.60M107.61M
Net Debt-5.05M32.50M-51.80M-62.08M17.86M-307.83M2.51M-76.39M-126.44M-92.67M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow19.11M-5.43M17.80M-21.51M-93.33M165.85M48.28M21.88M-544.00K-1.80M
Investing Cash Flow-96.04M-102.05M-63.07M-116.38M-456.02M-46.36M-558.80M-66.39M66.44M-264.44M
Financing Cash Flow59.98M54.30M109.13M143.17M626.70M111.50M320.05M102.44M-84.30M228.58M
Capital Expenditure1.82M499.00K714.00K415.00K1.21M2.11M2.97M2.35M1.21M3.97M
Free Cash Flow17.28M-5.93M17.09M-21.93M-94.54M163.74M45.31M19.53M-1.76M-5.77M
Dividends Paid2.84M2.29M1.38M29.00K17.00K76.00K381.00K620.00K463.00K576.00K
FCF to OCF90.45%109.19%95.99%101.93%101.29%98.73%93.85%89.27%322.98%320.68%
Dividend Paid to FCF16.43%-38.64%8.07%-0.13%-0.02%0.05%0.84%3.17%-26.35%-9.98%

Earnings

Report DateApr 11, 2018Jul 19, 2018Oct 25, 2018Jan 24, 2019Apr 25, 2019Jul 25, 2019Oct 24, 2019Jan 23, 2020Apr 30, 2020Jul 23, 2020Oct 22, 2020Jan 28, 2021Apr 22, 2021Jul 22, 2021Oct 21, 2021Jan 27, 2022Apr 28, 2022Jul 28, 2022Oct 20, 2022Jan 26, 2023Apr 27, 2023Jul 27, 2023Oct 19, 2023Jan 25, 2024Apr 18, 2024Jul 23, 2024Oct 24, 2024Jan 23, 2025Apr 24, 2025Jul 24, 2025Oct 23, 2025Jan 22, 2026Apr 23, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate0.000.090.230.220.200.260.370.320.240.230.470.910.630.770.680.700.570.650.630.650.430.430.450.320.220.300.280.260.230.360.360.430.440.560.58
EPS Actual0.02-0.010.190.220.210.330.300.320.171.131.200.610.740.760.810.570.610.490.660.580.390.250.320.030.260.110.220.280.430.260.320.340.630.57-
Surprise--111.11%-17.39%0.00%5.00%26.92%-18.92%0.00%-29.17%391.30%155.32%-32.97%17.46%-1.30%19.12%-18.57%7.02%-24.62%4.76%-10.77%-9.30%-41.86%-28.89%-90.63%18.18%-63.33%-21.43%7.69%86.96%-27.78%-11.11%-20.93%43.18%1.79%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap298.03M
Enterprise Value221.49M
Trailing P/E16.41
Forward P/E0.00
Price / Sales2.79
Price / Book1.05
EPS1.86
Book Value28.73
Revenue (TTM)106.67M
Gross Profit (TTM)106.67M
Profit Margin17.29%
Operating Margin26.03%
Return on Equity6.84%
Return on Assets0.59%
Shares Outstanding9.77M
Shares Float7.79M
Beta0.71
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 33.00
  • Strong Buy
    1
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
73.34%
Insiders
12.89%
Retail / Other
13.77%

Top Institutional Holders

  • Wellington Management Company LLP
    747.10K7.65%
  • North Reef Capital Management LP
    716.61K7.34%
  • BlackRock Inc
    496.36K5.08%
  • Vanguard Capital Management, LLC
    353.83K3.62%
  • Banc Funds Co LLC
    348.40K3.57%
  • Dimensional Fund Advisors, Inc.
    285.91K2.93%
  • Algebris Investment Management (UK) LLP
    259.09K2.65%
  • Mendon Capital Advisors Corp
    215.81K2.21%
  • AllianceBernstein L.P.
    206.93K2.12%
  • Curi Capital, LLC
    197.06K2.02%
  • Punch & Associates Inv Mgmt Inc
    195.00K2.00%
  • Tieton Capital Management, LLC
    187.27K1.92%
  • Geode Capital Management, LLC
    179.04K1.83%
  • Diamond Hill Capital Management, LLC
    170.82K1.75%
  • Jacobs Asset Management, LLC
    140.00K1.43%
  • Hotchkis & Wiley Capital Management LLC
    131.16K1.34%
  • State Street Corp
    129.32K1.32%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    259.43K2.66%
  • iShares Russell 2000 ETF
    224.08K2.29%
  • RMB Mendon Financial Services A
    175.00K1.79%