First Western Financial（MYFW）株式概要金融持株会社であるファースト・ウェスタン・ファイナンシャル・インクは、個人および法人顧客に対し、ウェルス・アドバイザリー、プライベート・バンキング、個人信託、投資管理、住宅ローン貸付、機関投資家向け資産管理サービスを提供している。 詳細MYFW ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長4/6過去の実績4/6財務の健全性6/6配当金0/6報酬株価収益率（ 18.2 x） US市場（ 18.6 x）を下回っています。収益は年間30.04%増加すると予測されています 過去1年間で収益は50%増加しました リスク分析リスクチェックの結果、MYFW 、リスクは検出されなかった。すべてのリスクチェックを見るMYFW Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN10.7% overvaluedAnalystConsensusTarget•1y agoDigital Banking And Demographic Shifts Will Redefine Wealth Management3900Top Analyst NarrativesFirst Western FinancialANAnalystConsensusTargetBased on Analyst Price TargetsDigital Banking And Demographic Shifts Will Redefine Wealth ManagementKey Takeaways Expansion in wealth management, trust, and estate services positions the company for long-term growth amid favorable demographic and market trends. Digital adoption and targeted Western U.S. expansion drive operating leverage, organic growth, and greater revenue diversification.View narrativeUS$25.67FV10.7% 割高 内在価値ディスカウント13.38%Revenue growth p.a.Set Fair ValueView39users have viewed this narrative0users have liked this narrative0users have commented on this narrative0users have followed this narrativeabout 1 year ago author updated this narrativeView all narrativesFirst Western Financial, Inc. 競合他社Oak Valley BancorpSymbol: NasdaqCM:OVLYMarket cap: US$279.3mLake Ridge BancorpSymbol: OTCPK:LRBIMarket cap: US$279.8mWestern New England BancorpSymbol: NasdaqGS:WNEBMarket cap: US$271.4mExchange BankSymbol: OTCPK:EXSRMarket cap: US$252.1m価格と性能株価の高値、安値、推移の概要First Western Financial過去の株価現在の株価US$28.4152週高値US$30.0052週安値US$20.11ベータ0.731ヶ月の変化10.07%3ヶ月変化11.41%1年変化34.33%3年間の変化62.44%5年間の変化2.38%IPOからの変化44.21%最新ニュースRecent Insider Transactions Derivative • May 11Founder notifies of intention to sell stockScott Wylie intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of May. If the sale is conducted around the recent share price of US$28.80, it would amount to US$216k. For the year to December 2019, Scott's total compensation was 24% salary and 76% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Scott's direct individual holding has increased from 728.86k shares to 730.35k. Company insiders have collectively sold US$867k more than they bought, via options and on-market transactions in the last 12 months.お知らせ • May 05First Western Financial, Inc. (NasdaqGS:MYFW) announces an Equity Buyback for $5 million worth of its shares.First Western Financial, Inc. (NasdaqGS:MYFW) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its shares. The program will be valid for one year from the commencement on June 12, 2026.Major Estimate Revision • Apr 30Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$112.2m to US$115.8m. EPS estimate increased from US$2.03 to US$2.37 per share. Net income forecast to grow 60% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$26.50 to US$28.00. Share price rose 6.5% to US$27.74 over the past week.お知らせ • Apr 27First Western Financial, Inc., Annual General Meeting, Jun 03, 2026First Western Financial, Inc., Annual General Meeting, Jun 03, 2026. Location: 1900 sixteenth street, suite 1200, colorado 80202, denver United StatesReported Earnings • Apr 24First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.64 (up from US$0.43 in 1Q 2025). Revenue: US$28.3m (up 14% from 1Q 2025). Net income: US$6.21m (up 48% from 1Q 2025). Profit margin: 22% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Apr 08First Western Financial, Inc. to Report Q1, 2026 Results on Apr 23, 2026First Western Financial, Inc. announced that they will report Q1, 2026 results After-Market on Apr 23, 2026最新情報をもっと見るRecent updatesRecent Insider Transactions Derivative • May 11Founder notifies of intention to sell stockScott Wylie intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of May. If the sale is conducted around the recent share price of US$28.80, it would amount to US$216k. For the year to December 2019, Scott's total compensation was 24% salary and 76% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Scott's direct individual holding has increased from 728.86k shares to 730.35k. Company insiders have collectively sold US$867k more than they bought, via options and on-market transactions in the last 12 months.お知らせ • May 05First Western Financial, Inc. (NasdaqGS:MYFW) announces an Equity Buyback for $5 million worth of its shares.First Western Financial, Inc. (NasdaqGS:MYFW) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its shares. The program will be valid for one year from the commencement on June 12, 2026.Major Estimate Revision • Apr 30Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$112.2m to US$115.8m. EPS estimate increased from US$2.03 to US$2.37 per share. Net income forecast to grow 60% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$26.50 to US$28.00. Share price rose 6.5% to US$27.74 over the past week.お知らせ • Apr 27First Western Financial, Inc., Annual General Meeting, Jun 03, 2026First Western Financial, Inc., Annual General Meeting, Jun 03, 2026. Location: 1900 sixteenth street, suite 1200, colorado 80202, denver United StatesReported Earnings • Apr 24First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.64 (up from US$0.43 in 1Q 2025). Revenue: US$28.3m (up 14% from 1Q 2025). Net income: US$6.21m (up 48% from 1Q 2025). Profit margin: 22% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Apr 08First Western Financial, Inc. to Report Q1, 2026 Results on Apr 23, 2026First Western Financial, Inc. announced that they will report Q1, 2026 results After-Market on Apr 23, 2026Reported Earnings • Mar 02Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$1.36 (up from US$0.88 in FY 2024). Revenue: US$96.9m (up 7.6% from FY 2024). Net income: US$13.2m (up 56% from FY 2024). Profit margin: 14% (up from 9.4% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.63% (up from 2.36% in FY 2024). Non-performing loans: 0.62% (up from 0.53% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Recent Insider Transactions • Jan 29Independent Director recently sold US$111k worth of stockOn the 27th of January, David Duncan sold around 4k shares on-market at roughly US$25.11 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$118k. Insiders have been net sellers, collectively disposing of US$559k more than they bought in the last 12 months.Price Target Changed • Jan 28Price target increased by 7.7% to US$28.00Up from US$26.00, the current price target is an average from 3 analysts. New target price is 14% above last closing price of US$24.60. Stock is up 17% over the past year. The company is forecast to post earnings per share of US$1.44 for next year compared to US$0.88 last year.お知らせ • Jan 08First Western Financial, Inc. to Report Q4, 2025 Results on Jan 22, 2026First Western Financial, Inc. announced that they will report Q4, 2025 results After-Market on Jan 22, 2026Recent Insider Transactions • Nov 28Founder recently sold US$118k worth of stockOn the 25th of November, Scott Wylie sold around 5k shares on-market at roughly US$23.55 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$118k. Scott has been a net seller over the last 12 months, reducing personal holdings by US$448k.お知らせ • Nov 11First Western Financial, Inc. Appoints Alex Mcdougall as Arizona Regional PresidentFirst Western Financial, Inc. announced the appointment of Alex McDougall as Regional President for its Arizona offices. With more than 18 years of experience in private banking, wealth management, and community banking, Alex brings a proven record of leadership, deep client expertise, and a strong commitment to community engagement. Alex joins First Western Trust following senior roles at JPMorgan, where he served as Managing Director, and First Republic Bank, where he was Regional Managing Director. At First Republic, he launched the Jackson Hole, WY, market—achieving the fastest growth in company history by both deposits and market share—and became the youngest Regional Managing Director in the bank's history. Throughout his career, Alex has received multiple industry accolades, including the President's Circle Award and Top Contributions to Banking Award. He also led the firm's top-performing market for client satisfaction, achieving the highest net promoter score (NPS), a reflection of his ability to deliver exceptional client experiences while driving sustained business growth. Alex's appointment highlights First Western Trust's strategic investment in Arizona at a time when many institutions are pulling back. The firm continues to support local businesses, entrepreneurs, and nonprofit organizations through community partnerships, philanthropy, and leadership. As part of its corporate giving philosophy, First Western Trust continues to invest in the vitality of the communities it serves—supporting entrepreneurship, education, the arts, and philanthropy across the West. Alex's leadership will be instrumental in advancing this mission throughout Arizona. Alex holds a Business Administration degree from the University of the Cumberlands and FINRA Series 7 and 66 licenses. He has served on nonprofit boards, including the Teton County Library Foundation and the Community Foundation of Jackson Hole. Relocating to Phoenix with his wife, Amanda, and daughter, he looks forward to volunteering and enjoying Arizona's outdoor recreation.Reported Earnings • Oct 24Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.33 (up from US$0.22 in 3Q 2024). Revenue: US$24.0m (up 9.1% from 3Q 2024). Net income: US$3.19m (up 49% from 3Q 2024). Profit margin: 13% (up from 9.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Oct 06First Western Financial, Inc. to Report Q3, 2025 Results on Oct 23, 2025First Western Financial, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 23, 2025Recent Insider Transactions • Sep 14Founder recently sold US$118k worth of stockOn the 11th of September, Scott Wylie sold around 5k shares on-market at roughly US$23.59 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$331k.Major Estimate Revision • Jul 31Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$104.3m to US$101.0m. EPS estimate also fell from US$1.66 per share to US$1.47 per share. Net income forecast to grow 48% next year vs 16% growth forecast for Banks industry in the US. Consensus price target up from US$24.67 to US$25.67. Share price fell 12% to US$21.65 over the past week.Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.26 (up from US$0.11 in 2Q 2024). Revenue: US$22.4m (up 9.8% from 2Q 2024). Net income: US$2.50m (up 133% from 2Q 2024). Profit margin: 11% (up from 5.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Jul 09First Western Financial, Inc. to Report Q2, 2025 Results on Jul 24, 2025First Western Financial, Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025お知らせ • Jun 30First Western Financial, Inc.(NasdaqGS:MYFW) dropped from Russell 2000 Dynamic IndexFirst Western Financial, Inc.(NasdaqGS:MYFW) dropped from Russell 2000 Dynamic IndexRecent Insider Transactions • Jun 12Founder recently sold US$105k worth of stockOn the 9th of June, Scott Wylie sold around 5k shares on-market at roughly US$21.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$108k. Scott has been a net seller over the last 12 months, reducing personal holdings by US$387k.Recent Insider Transactions • May 14Founder recently sold US$108k worth of stockOn the 9th of May, Scott Wylie sold around 5k shares on-market at roughly US$21.53 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$282k.Major Estimate Revision • May 01Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$1.41 to US$1.66. Revenue forecast steady at US$103.5m. Net income forecast to grow 71% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$23.17 to US$24.33. Share price rose 12% to US$21.09 over the past week.お知らせ • Apr 28First Western Financial, Inc., Annual General Meeting, Jun 04, 2025First Western Financial, Inc., Annual General Meeting, Jun 04, 2025. Location: 1900 sixteenth street, suite 1200, colorado 80202, denver, United StatesReported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.43 (up from US$0.26 in 1Q 2024). Revenue: US$24.7m (up 6.2% from 1Q 2024). Net income: US$4.19m (up 66% from 1Q 2024). Profit margin: 17% (up from 11% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 84%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Apr 04First Western Financial, Inc. to Report Q1, 2025 Results on Apr 24, 2025First Western Financial, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 24, 2025Reported Earnings • Mar 09Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: US$0.88 (up from US$0.55 in FY 2023). Revenue: US$90.1m (up 8.9% from FY 2023). Net income: US$8.47m (up 62% from FY 2023). Profit margin: 9.4% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.37% (down from 2.62% in FY 2023). Non-performing loans: 0.53% (down from 2.01% in FY 2023). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Jan 08First Western Financial, Inc. to Report Q4, 2024 Results on Jan 23, 2025First Western Financial, Inc. announced that they will report Q4, 2024 results After-Market on Jan 23, 2025Recent Insider Transactions • Nov 14Independent Director recently sold US$88k worth of stockOn the 7th of November, David Duncan sold around 4k shares on-market at roughly US$20.20 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$174k. Insiders have been net sellers, collectively disposing of US$1.2m more than they bought in the last 12 months.Recent Insider Transactions • Nov 03Independent Director recently sold US$164k worth of stockOn the 30th of October, David Duncan sold around 9k shares on-market at roughly US$19.03 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$174k. Insiders have been net sellers, collectively disposing of US$1.1m more than they bought in the last 12 months.Major Estimate Revision • Nov 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$95.7m to US$94.0m. EPS estimate also fell from US$0.977 per share to US$0.863 per share. Net income forecast to grow 426% next year vs 12% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$22.67. Share price was steady at US$19.01 over the past week.新しいナラティブ • Oct 27Calculated Moves And Asset Quality Enhancements Poised To Boost Earnings And Profitability Prudent risk management, asset repositioning, and strategic hiring aim to enhance asset quality, loan growth, and profitability. Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.22 (down from US$0.33 in 3Q 2023). Revenue: US$22.0m (down 2.2% from 3Q 2023). Net income: US$2.13m (down 32% from 3Q 2023). Profit margin: 9.7% (down from 14% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Oct 04First Western Financial, Inc. to Report Q3, 2024 Results on Oct 24, 2024First Western Financial, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Oct 24, 2024Recent Insider Transactions • Sep 11Founder recently sold US$174k worth of stockOn the 6th of September, Scott Wylie sold around 9k shares on-market at roughly US$18.77 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$870k.Price Target Changed • Aug 28Price target increased by 7.3% to US$22.17Up from US$20.67, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$18.13. Stock is down 11% over the past year. The company is forecast to post earnings per share of US$0.96 for next year compared to US$0.55 last year.Major Estimate Revision • Jul 30Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$97.4m to US$95.4m. EPS estimate also fell from US$1.24 per share to US$0.96 per share. Net income forecast to grow 258% next year vs 5.5% growth forecast for Banks industry in the US. Consensus price target up from US$20.67 to US$21.33. Share price fell 13% to US$17.34 over the past week.Reported Earnings • Jul 24Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.11 (down from US$0.16 in 2Q 2023). Revenue: US$20.4m (flat on 2Q 2023). Net income: US$1.08m (down 29% from 2Q 2023). Profit margin: 5.3% (down from 7.3% in 2Q 2023). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$19.75, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Banks industry in the US. Total loss to shareholders of 21% over the past three years.お知らせ • Jul 06First Western Financial, Inc. to Report Q2, 2024 Results on Jul 23, 2024First Western Financial, Inc. announced that they will report Q2, 2024 results After-Market on Jul 23, 2024お知らせ • Jun 08First Western Financial, Inc. Announces Board ChangesFirst Western Financial, Inc. announced the appointment of Ellen S. Robinson to the Company’s Board of Directors, as well as the retirement of Eric D. Sipf from the Board of Directors. Scott C. Wylie, Chairman and CEO of First Western, said, “We are very pleased to welcome Ellen Robinson to Board of Directors. Ellen has been a prominent member of the Denver business community for many years and has been a successful executive in large corporate and smaller, entrepreneurial business environments. She is a seasoned business leader with a particular interest and expertise in leadership development and coaching on an individual and team level. Ellen further strengthens Board of Directors with her proven expertise in sales, marketing, building effective teams, coaching and mentoring talent. Ellen S. Robinson is Principal and Founder of the Robinson Coaching Group, Inc. since 2007. Robinson Coaching Group, Inc. provides leadership development and coaching on an individual and team level in both the private and public sectors. Ms. Robinson is a former Executive and General Manager of Denver Pepsi Cola. Ms. Robinson has served as Founder and CEO of EventConnex, President of Ascent Sports, Inc. and Brand Manager for Frito-Lay, Inc. She has significant experience in building effective teams, coaching and mentoring talent and driving change. Ms. Robinson received her Professional Coach Certification from New Ventures West in 2012. Ms. Robinson holds a Bachelor of Science in Finance and Marketing from The Wharton School, University of Pennsylvania.Reported Earnings • May 06First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$0.26 (down from US$0.40 in 1Q 2023). Revenue: US$23.3m (down 9.4% from 1Q 2023). Net income: US$2.52m (down 34% from 1Q 2023). Profit margin: 11% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Apr 28First Western Financial, Inc., Annual General Meeting, Jun 05, 2024First Western Financial, Inc., Annual General Meeting, Jun 05, 2024, at 16:00 US Mountain Standard Time. Location: 1900 Sixteenth Street, Suite 1200 Denver, Colorado 80202 United States Agenda: To elect eleven directors to serve on the Company's Board of Directors until the Company's 2025 annual meeting of shareholders or each until their respective successor or successors are duly elected and qualified or until their earlier resignation or removal; to ratify the appointment of Crowe LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2024; to conduct an advisory, non-binding vote regarding the compensation paid to the Company's named executive officers; to conduct an advisory, non-binding vote regarding a resolution to approve the frequency of future advisory votes on the compensation of the Company's named executive officers and to transact such other business as may properly come before the annual meeting or any adjournment or postponement thereof.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$16.40, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Banks industry in the US. Total loss to shareholders of 36% over the past three years.Reported Earnings • Apr 20First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$0.26 (down from US$0.40 in 1Q 2023). Revenue: US$23.3m (down 9.4% from 1Q 2023). Net income: US$2.52m (down 34% from 1Q 2023). Profit margin: 11% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Apr 06First Western Financial, Inc. to Report Q1, 2024 Results on Apr 18, 2024First Western Financial, Inc. announced that they will report Q1, 2024 results on Apr 18, 2024Reported Earnings • Mar 17Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.55 (down from US$2.29 in FY 2022). Revenue: US$82.7m (down 23% from FY 2022). Net income: US$5.23m (down 76% from FY 2022). Profit margin: 6.3% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. COO & Director Julie Courkamp was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Feb 05Chairman recently sold US$696k worth of stockOn the 1st of February, Scott Wylie sold around 42k shares on-market at roughly US$16.41 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Scott's only on-market trade for the last 12 months.Major Estimate Revision • Jan 30Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$100.3m to US$97.7m. EPS estimate also fell from US$1.46 per share to US$1.23 per share. Net income forecast to shrink 15% next year vs 4.8% decline forecast for Banks industry in the US. Consensus price target up from US$20.67 to US$21.50. Share price was steady at US$17.94 over the past week.Price Target Changed • Jan 28Price target increased by 8.2% to US$22.00Up from US$20.33, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$18.00. Stock is down 32% over the past year. The company is forecast to post earnings per share of US$1.19 for next year compared to US$2.29 last year.お知らせ • Jan 26First Western Financial, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023First Western Financial, Inc. reported net charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company reported net charge-offs of $44,000 against $95,000 a year ago.お知らせ • Jan 06First Western Financial, Inc. to Report Q4, 2023 Results on Jan 25, 2024First Western Financial, Inc. announced that they will report Q4, 2023 results After-Market on Jan 25, 2024Valuation Update With 7 Day Price Move • Oct 26Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$13.18, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in the US. Total loss to shareholders of 5.2% over the past three years.Price Target Changed • Oct 24Price target decreased by 9.9% to US$21.33Down from US$23.67, the current price target is an average from 3 analysts. New target price is 58% above last closing price of US$13.48. Stock is down 48% over the past year. The company is forecast to post earnings per share of US$1.19 for next year compared to US$2.29 last year.Reported Earnings • Oct 20Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$0.33 (down from US$0.66 in 3Q 2022). Revenue: US$22.5m (down 18% from 3Q 2022). Net income: US$3.12m (down 50% from 3Q 2022). Profit margin: 14% (down from 23% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10.0%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Oct 20First Western Financial, Inc. Reports Net Charge-Offs for the Three Months Ended September 30, 2023First Western Financial, Inc. reported net charge-offs for the three months ended September 30, 2023. For the three months, the company reported net charge-offs of $190,000 against $32,000 a year ago.お知らせ • Oct 07First Western Financial, Inc. to Report Q3, 2023 Results on Oct 19, 2023First Western Financial, Inc. announced that they will report Q3, 2023 results After-Market on Oct 19, 2023Recent Insider Transactions Derivative • Sep 04CFO, COO exercised options to buy US$63k worth of stock.On the 31st of August, Julie Courkamp exercised options to buy 3k shares at a strike price of around US$20.00, costing a total of US$60k. This transaction amounted to 25% of their direct individual holding at the time of the trade. Since December 2022, Julie's direct individual holding has decreased from 14.26k shares to 9.31k. Company insiders have collectively sold US$313k more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Aug 30First Western Financial, Inc. Promotes David Weber to Treasurer, Effective October 1, 2023First Western Financial has reported the executive promotion effective October 1, 2023. David Weber, Director of Finance and Treasury, has been promoted to Treasurer of the Company and the Bank, reporting to Mrs. Courkamp. Mr. Weber joined First Western in March 2018 as Treasury Manager, was promoted to Finance and Treasury Manager in May 2019, and then Director of Finance and Treasury in August 2021. As Director of Finance and Treasury at First Western, Mr. Weber oversees the FP&A, Treasury, Corporate Development, Mortgage Secondary Marketing, and Compensation functions. Prior to joining First Western, Mr. Weber served in various Finance positions over nine years at Fifth Third Bank including Vice President, Senior Capital Planning Manager, where he led the execution of the Company's semiannual stress tests. Mr. Weber has a Master of Science degree in Accountancy from the Gies College of Business at the University of Illinois and a Bachelor of Science degree in Business from the Farmer School of Business at Miami University.New Risk • Aug 10New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$52k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Recent Insider Transactions • Aug 09Insider recently sold US$52k worth of stockOn the 4th of August, Matthew Cassell sold around 2k shares on-market at roughly US$21.05 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.0m more than they bought in the last 12 months.Major Estimate Revision • Aug 03Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$105.6m to US$102.0m. EPS estimate also fell from US$1.82 per share to US$1.52 per share. Net income forecast to grow 1.6% next year vs 11% decline forecast for Banks industry in the US. Consensus price target up from US$22.00 to US$23.67. Share price fell 7.4% to US$20.25 over the past week.Price Target Changed • Jul 31Price target increased by 7.8% to US$23.00Up from US$21.33, the current price target is an average from 3 analysts. New target price is 11% above last closing price of US$20.74. Stock is down 24% over the past year. The company is forecast to post earnings per share of US$1.47 for next year compared to US$2.29 last year.Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$0.16 (down from US$0.47 in 2Q 2022). Revenue: US$20.6m (down 23% from 2Q 2022). Net income: US$1.51m (down 66% from 2Q 2022). Profit margin: 7.3% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Jul 08First Western Financial, Inc. to Report Q2, 2023 Results on Jul 27, 2023First Western Financial, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2023Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$19.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$14.29, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 14% over the past three years.Major Estimate Revision • May 03Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$115.1m to US$106.5m. EPS estimate also fell from US$2.18 per share to US$1.89 per share. Net income forecast to shrink 15% next year vs 5.1% decline forecast for Banks industry in the US. Consensus price target down from US$25.83 to US$21.67. Share price fell 12% to US$14.98 over the past week.Price Target Changed • Mar 31Price target decreased by 14% to US$27.50Down from US$32.00, the current price target is an average from 3 analysts. New target price is 41% above last closing price of US$19.50. Stock is down 38% over the past year. The company is forecast to post earnings per share of US$2.12 for next year compared to US$2.29 last year.Reported Earnings • Mar 16Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$2.29. Revenue: US$108.0m (up 13% from FY 2021). Net income: US$21.7m (up 5.3% from FY 2021). Profit margin: 20% (down from 22% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.35% (up from 2.99% in FY 2021). Non-performing loans: 0.50% (up from 0.22% in FY 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 3.7%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to US$19.52, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in the US. Total returns to shareholders of 34% over the past three years.Recent Insider Transactions Derivative • Feb 12Independent Director exercised options to buy US$78k worth of stock.On the 7th of February, Mark Smith exercised options to buy 3k shares at a strike price of around US$20.00, costing a total of US$58k. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. Since June 2022, Mark has owned 41.44k shares directly. Company insiders have collectively sold US$1.5m more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • Feb 05Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$126.0m to US$115.8m. EPS estimate also fell from US$2.74 per share to US$2.20 per share. Net income forecast to grow 19% next year vs 8.4% growth forecast for Banks industry in the US. Consensus price target down from US$32.00 to US$29.83. Share price rose 2.9% to US$27.28 over the past week.Price Target Changed • Feb 01Price target decreased by 8.6% to US$30.17Down from US$33.00, the current price target is an average from 3 analysts. New target price is 12% above last closing price of US$27.00. Stock is down 17% over the past year. The company is forecast to post earnings per share of US$2.32 for next year compared to US$2.58 last year.Major Estimate Revision • Jan 29Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$126.0m to US$116.1m. EPS estimate also fell from US$2.74 per share to US$2.20 per share. Net income forecast to grow 19% next year vs 9.9% growth forecast for Banks industry in the US. Consensus price target of US$31.50 unchanged from last update. Share price fell 2.6% to US$26.50 over the past week.お知らせ • Jan 07First Western Financial, Inc. to Report Q4, 2022 Results on Jan 26, 2023First Western Financial, Inc. announced that they will report Q4, 2022 results After-Market on Jan 26, 2023Recent Insider Transactions • Dec 18Independent Director recently sold US$95k worth of stockOn the 14th of December, David Duncan sold around 3k shares on-market at roughly US$29.35 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months.Recent Insider Transactions • Oct 30Chairman recently sold US$78k worth of stockOn the 26th of October, Scott Wylie sold around 3k shares on-market at roughly US$26.97 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$211k. Scott has been a net seller over the last 12 months, reducing personal holdings by US$770k.Price Target Changed • Oct 25Price target decreased to US$33.33Down from US$38.00, the current price target is an average from 3 analysts. New target price is 25% above last closing price of US$26.75. Stock is down 8.4% over the past year. The company is forecast to post earnings per share of US$2.34 for next year compared to US$2.58 last year.Reported Earnings • Oct 22Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: US$0.66 (down from US$0.80 in 3Q 2021). Revenue: US$27.5m (up 10% from 3Q 2021). Net income: US$6.22m (down 3.1% from 3Q 2021). Profit margin: 23% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year.Seeking Alpha • Oct 20First Western Financial Non-GAAP EPS of $0.66 beats by $0.03, revenue of $29.25M misses by $0.2MFirst Western Financial press release (NASDAQ:MYFW): Q3 Non-GAAP EPS of $0.66 beats by $0.03. Revenue of $29.25M (+15.4% Y/Y) misses by $0.2M.Recent Insider Transactions • Sep 11Chairman recently sold US$87k worth of stockOn the 9th of September, Scott Wylie sold around 3k shares on-market at roughly US$26.51 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$211k. Scott has been a net seller over the last 12 months, reducing personal holdings by US$599k.Recent Insider Transactions • Aug 14Chairman recently sold US$211k worth of stockOn the 10th of August, Scott Wylie sold around 8k shares on-market at roughly US$28.09 per share. In the last 3 months, there was an even bigger sale from another insider worth US$447k. Scott has been a seller over the last 12 months, reducing personal holdings by US$867k.Major Estimate Revision • Aug 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$2.73 to US$2.38 per share. Revenue forecast steady at US$114.6m. Net income forecast to grow 50% next year vs 9.8% growth forecast for Banks industry in the US. Consensus price target down from US$41.33 to US$38.00. Share price fell 2.4% to US$27.50 over the past week.Price Target Changed • Aug 02Price target decreased to US$38.00Down from US$41.33, the current price target is an average from 3 analysts. New target price is 40% above last closing price of US$27.22. Stock is up 3.0% over the past year. The company is forecast to post earnings per share of US$2.43 for next year compared to US$2.58 last year.Reported Earnings • Jul 29Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: US$0.47 (down from US$0.79 in 2Q 2021). Revenue: US$26.6m (up 12% from 2Q 2021). Net income: US$4.48m (down 29% from 2Q 2021). Profit margin: 17% (down from 27% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year.Recent Insider Transactions • May 28Independent Director recently sold US$115k worth of stockOn the 25th of May, David Duncan sold around 4k shares on-market at roughly US$30.76 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$572k more than they bought in the last 12 months.Reported Earnings • May 01First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: US$0.59 (down from US$0.76 in 1Q 2021). Revenue: US$26.7m (up 13% from 1Q 2021). Net income: US$5.52m (down 7.9% from 1Q 2021). Profit margin: 21% (down from 25% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 24%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 18Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: US$2.58 (down from US$3.11 in FY 2020). Revenue: US$95.4m (up 3.7% from FY 2020). Net income: US$20.6m (down 16% from FY 2020). Profit margin: 22% (down from 27% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 24%, compared to a 6.2% growth forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Feb 24Director recently bought US$99k worth of stockOn the 18th of February, Scott Mitchell bought around 3k shares on-market at roughly US$33.09 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$457k more in shares than they bought in the last 12 months.Recent Insider Transactions Derivative • Dec 18Independent Director exercised options to buy US$120k worth of stock.On the 13th of December, Patrick Hamill exercised options to buy 4k shares at a strike price of around US$25.00, costing a total of US$102k. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. Since March 2021, Patrick's direct individual holding has increased from 150.13k shares to 150.53k. Company insiders have collectively sold US$521k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Dec 14Chairman notifies of intention to sell stockScott Wylie intends to sell 18k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of December. If the sale is conducted around the recent share price of US$29.76, it would amount to US$550k. For the year to December 2020, Scott's total compensation was 27% salary and 73% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2020, Scott's direct individual holding has increased from 708.81k shares to 726.51k. Company insiders have collectively sold US$573k more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Nov 10Price target increased to US$40.33Up from US$34.67, the current price target is an average from 3 analysts. New target price is 31% above last closing price of US$30.90. Stock is up 84% over the past year. The company is forecast to post earnings per share of US$2.97 for next year compared to US$3.11 last year.Price Target Changed • Oct 26Price target increased to US$37.33Up from US$34.33, the current price target is an average from 3 analysts. New target price is 29% above last closing price of US$28.99. Stock is up 101% over the past year. The company is forecast to post earnings per share of US$2.97 for next year compared to US$3.11 last year.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS US$0.80 (vs US$1.22 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$24.9m (down 15% from 3Q 2020). Net income: US$6.42m (down 33% from 3Q 2020). Profit margin: 26% (down from 33% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Sep 17Insider recently bought US$100k worth of stockOn the 14th of September, John Sawyer bought around 4k shares on-market at roughly US$26.50 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$515k more in shares than they bought in the last 12 months.Recent Insider Transactions • Aug 22Chairman recently sold US$656k worth of stockOn the 18th of August, Scott Wylie sold around 25k shares on-market at roughly US$26.25 per share. This was the largest sale by an insider in the last 3 months. This was Scott's only on-market trade for the last 12 months.Reported Earnings • Jul 24Second quarter 2021 earnings released: EPS US$0.79 (vs US$1.10 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$23.7m (down 1.6% from 2Q 2020). Net income: US$6.28m (down 28% from 2Q 2020). Profit margin: 27% (down from 36% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.株主還元MYFWUS BanksUS 市場7D1.1%1.9%-0.8%1Y34.3%21.3%27.1%株主還元を見る業界別リターン: MYFW過去 1 年間で21.3 % の収益を上げたUS Banks業界を上回りました。リターン対市場: MYFW過去 1 年間で27.1 % の収益を上げたUS市場を上回りました。価格変動Is MYFW's price volatile compared to industry and market?MYFW volatilityMYFW Average Weekly Movement3.5%Banks Industry Average Movement3.5%Market Average Movement7.2%10% most volatile stocks in US Market16.3%10% least volatile stocks in US Market3.2%安定した株価: MYFW 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: MYFWの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2002320Scott Wyliemyfw.com金融持株会社であるファースト・ウェスタン・ファイナンシャル・インクは、個人および法人顧客にウェルス・アドバイザリー、プライベート・バンキング、個人信託、投資管理、住宅ローン貸付、機関投資家向け資産管理サービスを提供している。同社はウェルス・マネジメント部門とモーゲージ部門の2部門で事業を展開している。ウェルス・マネジメント部門は、マネー・マーケット口座、要求払い預金口座、定期預金口座、利付当座預金口座、貯蓄預金口座などの預金商品、消費者・商業目的ローン、無担保消費者ローン、建設・開発ローン、1～4号住宅ローン、商業用不動産ローン、商業・工業用ローンなどのローン、信託・投資顧問商品・サービス、保険などを提供している。住宅ローン部門は、住宅ローンの募集、組成、流通市場への販売を行っている。起業家、専門家、富裕層の個人または家族、ビジネスおよび慈善団体を顧客としている。2002年に法人化され、コロラド州デンバーに本社を置く。もっと見るFirst Western Financial, Inc. 基礎のまとめFirst Western Financial の収益と売上を時価総額と比較するとどうか。MYFW 基礎統計学時価総額US$275.82m収益（TTM）US$15.21m売上高(TTM)US$100.46m18.2xPER（株価収益率1.0xPBR（株価純資産倍率MYFW は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計MYFW 損益計算書（TTM）収益US$100.46m売上原価US$0売上総利益US$100.46mその他の費用US$85.25m収益US$15.21m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.56グロス・マージン100.00%純利益率15.14%有利子負債／自己資本比率35.0%MYFW の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 22:15終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋First Western Financial, Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Brett RabatinHovde Group, LLCChristopher McGrattyKeefe, Bruyette, & WoodsWood LayKeefe, Bruyette, & Woods2 その他のアナリストを表示
Recent Insider Transactions Derivative • May 11Founder notifies of intention to sell stockScott Wylie intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of May. If the sale is conducted around the recent share price of US$28.80, it would amount to US$216k. For the year to December 2019, Scott's total compensation was 24% salary and 76% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Scott's direct individual holding has increased from 728.86k shares to 730.35k. Company insiders have collectively sold US$867k more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • May 05First Western Financial, Inc. (NasdaqGS:MYFW) announces an Equity Buyback for $5 million worth of its shares.First Western Financial, Inc. (NasdaqGS:MYFW) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its shares. The program will be valid for one year from the commencement on June 12, 2026.
Major Estimate Revision • Apr 30Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$112.2m to US$115.8m. EPS estimate increased from US$2.03 to US$2.37 per share. Net income forecast to grow 60% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$26.50 to US$28.00. Share price rose 6.5% to US$27.74 over the past week.
お知らせ • Apr 27First Western Financial, Inc., Annual General Meeting, Jun 03, 2026First Western Financial, Inc., Annual General Meeting, Jun 03, 2026. Location: 1900 sixteenth street, suite 1200, colorado 80202, denver United States
Reported Earnings • Apr 24First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.64 (up from US$0.43 in 1Q 2025). Revenue: US$28.3m (up 14% from 1Q 2025). Net income: US$6.21m (up 48% from 1Q 2025). Profit margin: 22% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Apr 08First Western Financial, Inc. to Report Q1, 2026 Results on Apr 23, 2026First Western Financial, Inc. announced that they will report Q1, 2026 results After-Market on Apr 23, 2026
Recent Insider Transactions Derivative • May 11Founder notifies of intention to sell stockScott Wylie intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of May. If the sale is conducted around the recent share price of US$28.80, it would amount to US$216k. For the year to December 2019, Scott's total compensation was 24% salary and 76% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Scott's direct individual holding has increased from 728.86k shares to 730.35k. Company insiders have collectively sold US$867k more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • May 05First Western Financial, Inc. (NasdaqGS:MYFW) announces an Equity Buyback for $5 million worth of its shares.First Western Financial, Inc. (NasdaqGS:MYFW) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its shares. The program will be valid for one year from the commencement on June 12, 2026.
Major Estimate Revision • Apr 30Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$112.2m to US$115.8m. EPS estimate increased from US$2.03 to US$2.37 per share. Net income forecast to grow 60% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$26.50 to US$28.00. Share price rose 6.5% to US$27.74 over the past week.
お知らせ • Apr 27First Western Financial, Inc., Annual General Meeting, Jun 03, 2026First Western Financial, Inc., Annual General Meeting, Jun 03, 2026. Location: 1900 sixteenth street, suite 1200, colorado 80202, denver United States
Reported Earnings • Apr 24First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.64 (up from US$0.43 in 1Q 2025). Revenue: US$28.3m (up 14% from 1Q 2025). Net income: US$6.21m (up 48% from 1Q 2025). Profit margin: 22% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Apr 08First Western Financial, Inc. to Report Q1, 2026 Results on Apr 23, 2026First Western Financial, Inc. announced that they will report Q1, 2026 results After-Market on Apr 23, 2026
Reported Earnings • Mar 02Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$1.36 (up from US$0.88 in FY 2024). Revenue: US$96.9m (up 7.6% from FY 2024). Net income: US$13.2m (up 56% from FY 2024). Profit margin: 14% (up from 9.4% in FY 2024). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.63% (up from 2.36% in FY 2024). Non-performing loans: 0.62% (up from 0.53% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Jan 29Independent Director recently sold US$111k worth of stockOn the 27th of January, David Duncan sold around 4k shares on-market at roughly US$25.11 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$118k. Insiders have been net sellers, collectively disposing of US$559k more than they bought in the last 12 months.
Price Target Changed • Jan 28Price target increased by 7.7% to US$28.00Up from US$26.00, the current price target is an average from 3 analysts. New target price is 14% above last closing price of US$24.60. Stock is up 17% over the past year. The company is forecast to post earnings per share of US$1.44 for next year compared to US$0.88 last year.
お知らせ • Jan 08First Western Financial, Inc. to Report Q4, 2025 Results on Jan 22, 2026First Western Financial, Inc. announced that they will report Q4, 2025 results After-Market on Jan 22, 2026
Recent Insider Transactions • Nov 28Founder recently sold US$118k worth of stockOn the 25th of November, Scott Wylie sold around 5k shares on-market at roughly US$23.55 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$118k. Scott has been a net seller over the last 12 months, reducing personal holdings by US$448k.
お知らせ • Nov 11First Western Financial, Inc. Appoints Alex Mcdougall as Arizona Regional PresidentFirst Western Financial, Inc. announced the appointment of Alex McDougall as Regional President for its Arizona offices. With more than 18 years of experience in private banking, wealth management, and community banking, Alex brings a proven record of leadership, deep client expertise, and a strong commitment to community engagement. Alex joins First Western Trust following senior roles at JPMorgan, where he served as Managing Director, and First Republic Bank, where he was Regional Managing Director. At First Republic, he launched the Jackson Hole, WY, market—achieving the fastest growth in company history by both deposits and market share—and became the youngest Regional Managing Director in the bank's history. Throughout his career, Alex has received multiple industry accolades, including the President's Circle Award and Top Contributions to Banking Award. He also led the firm's top-performing market for client satisfaction, achieving the highest net promoter score (NPS), a reflection of his ability to deliver exceptional client experiences while driving sustained business growth. Alex's appointment highlights First Western Trust's strategic investment in Arizona at a time when many institutions are pulling back. The firm continues to support local businesses, entrepreneurs, and nonprofit organizations through community partnerships, philanthropy, and leadership. As part of its corporate giving philosophy, First Western Trust continues to invest in the vitality of the communities it serves—supporting entrepreneurship, education, the arts, and philanthropy across the West. Alex's leadership will be instrumental in advancing this mission throughout Arizona. Alex holds a Business Administration degree from the University of the Cumberlands and FINRA Series 7 and 66 licenses. He has served on nonprofit boards, including the Teton County Library Foundation and the Community Foundation of Jackson Hole. Relocating to Phoenix with his wife, Amanda, and daughter, he looks forward to volunteering and enjoying Arizona's outdoor recreation.
Reported Earnings • Oct 24Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.33 (up from US$0.22 in 3Q 2024). Revenue: US$24.0m (up 9.1% from 3Q 2024). Net income: US$3.19m (up 49% from 3Q 2024). Profit margin: 13% (up from 9.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 06First Western Financial, Inc. to Report Q3, 2025 Results on Oct 23, 2025First Western Financial, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 23, 2025
Recent Insider Transactions • Sep 14Founder recently sold US$118k worth of stockOn the 11th of September, Scott Wylie sold around 5k shares on-market at roughly US$23.59 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$331k.
Major Estimate Revision • Jul 31Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$104.3m to US$101.0m. EPS estimate also fell from US$1.66 per share to US$1.47 per share. Net income forecast to grow 48% next year vs 16% growth forecast for Banks industry in the US. Consensus price target up from US$24.67 to US$25.67. Share price fell 12% to US$21.65 over the past week.
Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.26 (up from US$0.11 in 2Q 2024). Revenue: US$22.4m (up 9.8% from 2Q 2024). Net income: US$2.50m (up 133% from 2Q 2024). Profit margin: 11% (up from 5.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 09First Western Financial, Inc. to Report Q2, 2025 Results on Jul 24, 2025First Western Financial, Inc. announced that they will report Q2, 2025 results After-Market on Jul 24, 2025
お知らせ • Jun 30First Western Financial, Inc.(NasdaqGS:MYFW) dropped from Russell 2000 Dynamic IndexFirst Western Financial, Inc.(NasdaqGS:MYFW) dropped from Russell 2000 Dynamic Index
Recent Insider Transactions • Jun 12Founder recently sold US$105k worth of stockOn the 9th of June, Scott Wylie sold around 5k shares on-market at roughly US$21.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$108k. Scott has been a net seller over the last 12 months, reducing personal holdings by US$387k.
Recent Insider Transactions • May 14Founder recently sold US$108k worth of stockOn the 9th of May, Scott Wylie sold around 5k shares on-market at roughly US$21.53 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$282k.
Major Estimate Revision • May 01Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$1.41 to US$1.66. Revenue forecast steady at US$103.5m. Net income forecast to grow 71% next year vs 13% growth forecast for Banks industry in the US. Consensus price target up from US$23.17 to US$24.33. Share price rose 12% to US$21.09 over the past week.
お知らせ • Apr 28First Western Financial, Inc., Annual General Meeting, Jun 04, 2025First Western Financial, Inc., Annual General Meeting, Jun 04, 2025. Location: 1900 sixteenth street, suite 1200, colorado 80202, denver, United States
Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.43 (up from US$0.26 in 1Q 2024). Revenue: US$24.7m (up 6.2% from 1Q 2024). Net income: US$4.19m (up 66% from 1Q 2024). Profit margin: 17% (up from 11% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 84%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 04First Western Financial, Inc. to Report Q1, 2025 Results on Apr 24, 2025First Western Financial, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 24, 2025
Reported Earnings • Mar 09Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: US$0.88 (up from US$0.55 in FY 2023). Revenue: US$90.1m (up 8.9% from FY 2023). Net income: US$8.47m (up 62% from FY 2023). Profit margin: 9.4% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.37% (down from 2.62% in FY 2023). Non-performing loans: 0.53% (down from 2.01% in FY 2023). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 08First Western Financial, Inc. to Report Q4, 2024 Results on Jan 23, 2025First Western Financial, Inc. announced that they will report Q4, 2024 results After-Market on Jan 23, 2025
Recent Insider Transactions • Nov 14Independent Director recently sold US$88k worth of stockOn the 7th of November, David Duncan sold around 4k shares on-market at roughly US$20.20 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$174k. Insiders have been net sellers, collectively disposing of US$1.2m more than they bought in the last 12 months.
Recent Insider Transactions • Nov 03Independent Director recently sold US$164k worth of stockOn the 30th of October, David Duncan sold around 9k shares on-market at roughly US$19.03 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$174k. Insiders have been net sellers, collectively disposing of US$1.1m more than they bought in the last 12 months.
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$95.7m to US$94.0m. EPS estimate also fell from US$0.977 per share to US$0.863 per share. Net income forecast to grow 426% next year vs 12% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$22.67. Share price was steady at US$19.01 over the past week.
新しいナラティブ • Oct 27Calculated Moves And Asset Quality Enhancements Poised To Boost Earnings And Profitability Prudent risk management, asset repositioning, and strategic hiring aim to enhance asset quality, loan growth, and profitability.
Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.22 (down from US$0.33 in 3Q 2023). Revenue: US$22.0m (down 2.2% from 3Q 2023). Net income: US$2.13m (down 32% from 3Q 2023). Profit margin: 9.7% (down from 14% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 04First Western Financial, Inc. to Report Q3, 2024 Results on Oct 24, 2024First Western Financial, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Oct 24, 2024
Recent Insider Transactions • Sep 11Founder recently sold US$174k worth of stockOn the 6th of September, Scott Wylie sold around 9k shares on-market at roughly US$18.77 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Scott has been a net seller over the last 12 months, reducing personal holdings by US$870k.
Price Target Changed • Aug 28Price target increased by 7.3% to US$22.17Up from US$20.67, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$18.13. Stock is down 11% over the past year. The company is forecast to post earnings per share of US$0.96 for next year compared to US$0.55 last year.
Major Estimate Revision • Jul 30Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$97.4m to US$95.4m. EPS estimate also fell from US$1.24 per share to US$0.96 per share. Net income forecast to grow 258% next year vs 5.5% growth forecast for Banks industry in the US. Consensus price target up from US$20.67 to US$21.33. Share price fell 13% to US$17.34 over the past week.
Reported Earnings • Jul 24Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.11 (down from US$0.16 in 2Q 2023). Revenue: US$20.4m (flat on 2Q 2023). Net income: US$1.08m (down 29% from 2Q 2023). Profit margin: 5.3% (down from 7.3% in 2Q 2023). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$19.75, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Banks industry in the US. Total loss to shareholders of 21% over the past three years.
お知らせ • Jul 06First Western Financial, Inc. to Report Q2, 2024 Results on Jul 23, 2024First Western Financial, Inc. announced that they will report Q2, 2024 results After-Market on Jul 23, 2024
お知らせ • Jun 08First Western Financial, Inc. Announces Board ChangesFirst Western Financial, Inc. announced the appointment of Ellen S. Robinson to the Company’s Board of Directors, as well as the retirement of Eric D. Sipf from the Board of Directors. Scott C. Wylie, Chairman and CEO of First Western, said, “We are very pleased to welcome Ellen Robinson to Board of Directors. Ellen has been a prominent member of the Denver business community for many years and has been a successful executive in large corporate and smaller, entrepreneurial business environments. She is a seasoned business leader with a particular interest and expertise in leadership development and coaching on an individual and team level. Ellen further strengthens Board of Directors with her proven expertise in sales, marketing, building effective teams, coaching and mentoring talent. Ellen S. Robinson is Principal and Founder of the Robinson Coaching Group, Inc. since 2007. Robinson Coaching Group, Inc. provides leadership development and coaching on an individual and team level in both the private and public sectors. Ms. Robinson is a former Executive and General Manager of Denver Pepsi Cola. Ms. Robinson has served as Founder and CEO of EventConnex, President of Ascent Sports, Inc. and Brand Manager for Frito-Lay, Inc. She has significant experience in building effective teams, coaching and mentoring talent and driving change. Ms. Robinson received her Professional Coach Certification from New Ventures West in 2012. Ms. Robinson holds a Bachelor of Science in Finance and Marketing from The Wharton School, University of Pennsylvania.
Reported Earnings • May 06First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$0.26 (down from US$0.40 in 1Q 2023). Revenue: US$23.3m (down 9.4% from 1Q 2023). Net income: US$2.52m (down 34% from 1Q 2023). Profit margin: 11% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 28First Western Financial, Inc., Annual General Meeting, Jun 05, 2024First Western Financial, Inc., Annual General Meeting, Jun 05, 2024, at 16:00 US Mountain Standard Time. Location: 1900 Sixteenth Street, Suite 1200 Denver, Colorado 80202 United States Agenda: To elect eleven directors to serve on the Company's Board of Directors until the Company's 2025 annual meeting of shareholders or each until their respective successor or successors are duly elected and qualified or until their earlier resignation or removal; to ratify the appointment of Crowe LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2024; to conduct an advisory, non-binding vote regarding the compensation paid to the Company's named executive officers; to conduct an advisory, non-binding vote regarding a resolution to approve the frequency of future advisory votes on the compensation of the Company's named executive officers and to transact such other business as may properly come before the annual meeting or any adjournment or postponement thereof.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$16.40, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Banks industry in the US. Total loss to shareholders of 36% over the past three years.
Reported Earnings • Apr 20First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$0.26 (down from US$0.40 in 1Q 2023). Revenue: US$23.3m (down 9.4% from 1Q 2023). Net income: US$2.52m (down 34% from 1Q 2023). Profit margin: 11% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 06First Western Financial, Inc. to Report Q1, 2024 Results on Apr 18, 2024First Western Financial, Inc. announced that they will report Q1, 2024 results on Apr 18, 2024
Reported Earnings • Mar 17Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: US$0.55 (down from US$2.29 in FY 2022). Revenue: US$82.7m (down 23% from FY 2022). Net income: US$5.23m (down 76% from FY 2022). Profit margin: 6.3% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. COO & Director Julie Courkamp was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Feb 05Chairman recently sold US$696k worth of stockOn the 1st of February, Scott Wylie sold around 42k shares on-market at roughly US$16.41 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Scott's only on-market trade for the last 12 months.
Major Estimate Revision • Jan 30Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$100.3m to US$97.7m. EPS estimate also fell from US$1.46 per share to US$1.23 per share. Net income forecast to shrink 15% next year vs 4.8% decline forecast for Banks industry in the US. Consensus price target up from US$20.67 to US$21.50. Share price was steady at US$17.94 over the past week.
Price Target Changed • Jan 28Price target increased by 8.2% to US$22.00Up from US$20.33, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$18.00. Stock is down 32% over the past year. The company is forecast to post earnings per share of US$1.19 for next year compared to US$2.29 last year.
お知らせ • Jan 26First Western Financial, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023First Western Financial, Inc. reported net charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company reported net charge-offs of $44,000 against $95,000 a year ago.
お知らせ • Jan 06First Western Financial, Inc. to Report Q4, 2023 Results on Jan 25, 2024First Western Financial, Inc. announced that they will report Q4, 2023 results After-Market on Jan 25, 2024
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to US$13.18, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in the US. Total loss to shareholders of 5.2% over the past three years.
Price Target Changed • Oct 24Price target decreased by 9.9% to US$21.33Down from US$23.67, the current price target is an average from 3 analysts. New target price is 58% above last closing price of US$13.48. Stock is down 48% over the past year. The company is forecast to post earnings per share of US$1.19 for next year compared to US$2.29 last year.
Reported Earnings • Oct 20Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$0.33 (down from US$0.66 in 3Q 2022). Revenue: US$22.5m (down 18% from 3Q 2022). Net income: US$3.12m (down 50% from 3Q 2022). Profit margin: 14% (down from 23% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10.0%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Oct 20First Western Financial, Inc. Reports Net Charge-Offs for the Three Months Ended September 30, 2023First Western Financial, Inc. reported net charge-offs for the three months ended September 30, 2023. For the three months, the company reported net charge-offs of $190,000 against $32,000 a year ago.
お知らせ • Oct 07First Western Financial, Inc. to Report Q3, 2023 Results on Oct 19, 2023First Western Financial, Inc. announced that they will report Q3, 2023 results After-Market on Oct 19, 2023
Recent Insider Transactions Derivative • Sep 04CFO, COO exercised options to buy US$63k worth of stock.On the 31st of August, Julie Courkamp exercised options to buy 3k shares at a strike price of around US$20.00, costing a total of US$60k. This transaction amounted to 25% of their direct individual holding at the time of the trade. Since December 2022, Julie's direct individual holding has decreased from 14.26k shares to 9.31k. Company insiders have collectively sold US$313k more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Aug 30First Western Financial, Inc. Promotes David Weber to Treasurer, Effective October 1, 2023First Western Financial has reported the executive promotion effective October 1, 2023. David Weber, Director of Finance and Treasury, has been promoted to Treasurer of the Company and the Bank, reporting to Mrs. Courkamp. Mr. Weber joined First Western in March 2018 as Treasury Manager, was promoted to Finance and Treasury Manager in May 2019, and then Director of Finance and Treasury in August 2021. As Director of Finance and Treasury at First Western, Mr. Weber oversees the FP&A, Treasury, Corporate Development, Mortgage Secondary Marketing, and Compensation functions. Prior to joining First Western, Mr. Weber served in various Finance positions over nine years at Fifth Third Bank including Vice President, Senior Capital Planning Manager, where he led the execution of the Company's semiannual stress tests. Mr. Weber has a Master of Science degree in Accountancy from the Gies College of Business at the University of Illinois and a Bachelor of Science degree in Business from the Farmer School of Business at Miami University.
New Risk • Aug 10New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$52k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Recent Insider Transactions • Aug 09Insider recently sold US$52k worth of stockOn the 4th of August, Matthew Cassell sold around 2k shares on-market at roughly US$21.05 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.0m more than they bought in the last 12 months.
Major Estimate Revision • Aug 03Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$105.6m to US$102.0m. EPS estimate also fell from US$1.82 per share to US$1.52 per share. Net income forecast to grow 1.6% next year vs 11% decline forecast for Banks industry in the US. Consensus price target up from US$22.00 to US$23.67. Share price fell 7.4% to US$20.25 over the past week.
Price Target Changed • Jul 31Price target increased by 7.8% to US$23.00Up from US$21.33, the current price target is an average from 3 analysts. New target price is 11% above last closing price of US$20.74. Stock is down 24% over the past year. The company is forecast to post earnings per share of US$1.47 for next year compared to US$2.29 last year.
Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$0.16 (down from US$0.47 in 2Q 2022). Revenue: US$20.6m (down 23% from 2Q 2022). Net income: US$1.51m (down 66% from 2Q 2022). Profit margin: 7.3% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Jul 08First Western Financial, Inc. to Report Q2, 2023 Results on Jul 27, 2023First Western Financial, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2023
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$19.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • May 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$14.29, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in the US. Total returns to shareholders of 14% over the past three years.
Major Estimate Revision • May 03Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$115.1m to US$106.5m. EPS estimate also fell from US$2.18 per share to US$1.89 per share. Net income forecast to shrink 15% next year vs 5.1% decline forecast for Banks industry in the US. Consensus price target down from US$25.83 to US$21.67. Share price fell 12% to US$14.98 over the past week.
Price Target Changed • Mar 31Price target decreased by 14% to US$27.50Down from US$32.00, the current price target is an average from 3 analysts. New target price is 41% above last closing price of US$19.50. Stock is down 38% over the past year. The company is forecast to post earnings per share of US$2.12 for next year compared to US$2.29 last year.
Reported Earnings • Mar 16Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$2.29. Revenue: US$108.0m (up 13% from FY 2021). Net income: US$21.7m (up 5.3% from FY 2021). Profit margin: 20% (down from 22% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 3.35% (up from 2.99% in FY 2021). Non-performing loans: 0.50% (up from 0.22% in FY 2021). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 3.7%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to US$19.52, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in the US. Total returns to shareholders of 34% over the past three years.
Recent Insider Transactions Derivative • Feb 12Independent Director exercised options to buy US$78k worth of stock.On the 7th of February, Mark Smith exercised options to buy 3k shares at a strike price of around US$20.00, costing a total of US$58k. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. Since June 2022, Mark has owned 41.44k shares directly. Company insiders have collectively sold US$1.5m more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • Feb 05Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$126.0m to US$115.8m. EPS estimate also fell from US$2.74 per share to US$2.20 per share. Net income forecast to grow 19% next year vs 8.4% growth forecast for Banks industry in the US. Consensus price target down from US$32.00 to US$29.83. Share price rose 2.9% to US$27.28 over the past week.
Price Target Changed • Feb 01Price target decreased by 8.6% to US$30.17Down from US$33.00, the current price target is an average from 3 analysts. New target price is 12% above last closing price of US$27.00. Stock is down 17% over the past year. The company is forecast to post earnings per share of US$2.32 for next year compared to US$2.58 last year.
Major Estimate Revision • Jan 29Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$126.0m to US$116.1m. EPS estimate also fell from US$2.74 per share to US$2.20 per share. Net income forecast to grow 19% next year vs 9.9% growth forecast for Banks industry in the US. Consensus price target of US$31.50 unchanged from last update. Share price fell 2.6% to US$26.50 over the past week.
お知らせ • Jan 07First Western Financial, Inc. to Report Q4, 2022 Results on Jan 26, 2023First Western Financial, Inc. announced that they will report Q4, 2022 results After-Market on Jan 26, 2023
Recent Insider Transactions • Dec 18Independent Director recently sold US$95k worth of stockOn the 14th of December, David Duncan sold around 3k shares on-market at roughly US$29.35 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months.
Recent Insider Transactions • Oct 30Chairman recently sold US$78k worth of stockOn the 26th of October, Scott Wylie sold around 3k shares on-market at roughly US$26.97 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$211k. Scott has been a net seller over the last 12 months, reducing personal holdings by US$770k.
Price Target Changed • Oct 25Price target decreased to US$33.33Down from US$38.00, the current price target is an average from 3 analysts. New target price is 25% above last closing price of US$26.75. Stock is down 8.4% over the past year. The company is forecast to post earnings per share of US$2.34 for next year compared to US$2.58 last year.
Reported Earnings • Oct 22Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: US$0.66 (down from US$0.80 in 3Q 2021). Revenue: US$27.5m (up 10% from 3Q 2021). Net income: US$6.22m (down 3.1% from 3Q 2021). Profit margin: 23% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year.
Seeking Alpha • Oct 20First Western Financial Non-GAAP EPS of $0.66 beats by $0.03, revenue of $29.25M misses by $0.2MFirst Western Financial press release (NASDAQ:MYFW): Q3 Non-GAAP EPS of $0.66 beats by $0.03. Revenue of $29.25M (+15.4% Y/Y) misses by $0.2M.
Recent Insider Transactions • Sep 11Chairman recently sold US$87k worth of stockOn the 9th of September, Scott Wylie sold around 3k shares on-market at roughly US$26.51 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$211k. Scott has been a net seller over the last 12 months, reducing personal holdings by US$599k.
Recent Insider Transactions • Aug 14Chairman recently sold US$211k worth of stockOn the 10th of August, Scott Wylie sold around 8k shares on-market at roughly US$28.09 per share. In the last 3 months, there was an even bigger sale from another insider worth US$447k. Scott has been a seller over the last 12 months, reducing personal holdings by US$867k.
Major Estimate Revision • Aug 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from US$2.73 to US$2.38 per share. Revenue forecast steady at US$114.6m. Net income forecast to grow 50% next year vs 9.8% growth forecast for Banks industry in the US. Consensus price target down from US$41.33 to US$38.00. Share price fell 2.4% to US$27.50 over the past week.
Price Target Changed • Aug 02Price target decreased to US$38.00Down from US$41.33, the current price target is an average from 3 analysts. New target price is 40% above last closing price of US$27.22. Stock is up 3.0% over the past year. The company is forecast to post earnings per share of US$2.43 for next year compared to US$2.58 last year.
Reported Earnings • Jul 29Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: US$0.47 (down from US$0.79 in 2Q 2021). Revenue: US$26.6m (up 12% from 2Q 2021). Net income: US$4.48m (down 29% from 2Q 2021). Profit margin: 17% (down from 27% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year.
Recent Insider Transactions • May 28Independent Director recently sold US$115k worth of stockOn the 25th of May, David Duncan sold around 4k shares on-market at roughly US$30.76 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$572k more than they bought in the last 12 months.
Reported Earnings • May 01First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: US$0.59 (down from US$0.76 in 1Q 2021). Revenue: US$26.7m (up 13% from 1Q 2021). Net income: US$5.52m (down 7.9% from 1Q 2021). Profit margin: 21% (down from 25% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 24%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 18Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: US$2.58 (down from US$3.11 in FY 2020). Revenue: US$95.4m (up 3.7% from FY 2020). Net income: US$20.6m (down 16% from FY 2020). Profit margin: 22% (down from 27% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 24%, compared to a 6.2% growth forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Feb 24Director recently bought US$99k worth of stockOn the 18th of February, Scott Mitchell bought around 3k shares on-market at roughly US$33.09 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$457k more in shares than they bought in the last 12 months.
Recent Insider Transactions Derivative • Dec 18Independent Director exercised options to buy US$120k worth of stock.On the 13th of December, Patrick Hamill exercised options to buy 4k shares at a strike price of around US$25.00, costing a total of US$102k. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. Since March 2021, Patrick's direct individual holding has increased from 150.13k shares to 150.53k. Company insiders have collectively sold US$521k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Dec 14Chairman notifies of intention to sell stockScott Wylie intends to sell 18k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of December. If the sale is conducted around the recent share price of US$29.76, it would amount to US$550k. For the year to December 2020, Scott's total compensation was 27% salary and 73% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2020, Scott's direct individual holding has increased from 708.81k shares to 726.51k. Company insiders have collectively sold US$573k more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Nov 10Price target increased to US$40.33Up from US$34.67, the current price target is an average from 3 analysts. New target price is 31% above last closing price of US$30.90. Stock is up 84% over the past year. The company is forecast to post earnings per share of US$2.97 for next year compared to US$3.11 last year.
Price Target Changed • Oct 26Price target increased to US$37.33Up from US$34.33, the current price target is an average from 3 analysts. New target price is 29% above last closing price of US$28.99. Stock is up 101% over the past year. The company is forecast to post earnings per share of US$2.97 for next year compared to US$3.11 last year.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS US$0.80 (vs US$1.22 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$24.9m (down 15% from 3Q 2020). Net income: US$6.42m (down 33% from 3Q 2020). Profit margin: 26% (down from 33% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Sep 17Insider recently bought US$100k worth of stockOn the 14th of September, John Sawyer bought around 4k shares on-market at roughly US$26.50 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$515k more in shares than they bought in the last 12 months.
Recent Insider Transactions • Aug 22Chairman recently sold US$656k worth of stockOn the 18th of August, Scott Wylie sold around 25k shares on-market at roughly US$26.25 per share. This was the largest sale by an insider in the last 3 months. This was Scott's only on-market trade for the last 12 months.
Reported Earnings • Jul 24Second quarter 2021 earnings released: EPS US$0.79 (vs US$1.10 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$23.7m (down 1.6% from 2Q 2020). Net income: US$6.28m (down 28% from 2Q 2020). Profit margin: 27% (down from 36% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
