First Western Financial (Nasdaq:MYFW) - Stock Price, News & Analysis

MYFW Stock Overview

MYFW fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 60.5% below our estimate of its fair value

Earnings are forecast to grow 67.73% per year

Risk Analysis

Significant insider selling over the past 3 months

Profit margins (4.9%) are lower than last year (18.7%)

First Western Financial, Inc. Competitors

Plains Acquisition

OTCPK:PLQC

US$124.9m

Union Bankshares

NasdaqGM:UNB

US$124.7m

First Farmers and Merchants

OTCPK:FFMH

US$124.5m

Keweenaw Financial

OTCPK:KEFI

US$116.0m

Price History & Performance

Summary of all time highs, changes and price drops for First Western Financial
Historical stock prices
Current Share Price	US$16.42
52 Week High	US$22.00
52 Week Low	US$12.84
Beta	0.67
1 Month Change	13.24%
3 Month Change	-10.03%
1 Year Change	-2.78%
3 Year Change	-35.63%
5 Year Change	18.99%
Change since IPO	-16.65%

Recent updates

First Western Financial Non-GAAP EPS of $0.66 beats by $0.03, revenue of $29.25M misses by $0.2M

Oct 20

With EPS Growth And More, First Western Financial (NASDAQ:MYFW) Is Interesting

May 04

What You Need To Know About First Western Financial, Inc.'s (NASDAQ:MYFW) Investor Composition

Mar 02

If You Had Bought First Western Financial (NASDAQ:MYFW) Stock A Year Ago, You Could Pocket A 13% Gain Today

Jan 25

Need To Know: First Western Financial, Inc. (NASDAQ:MYFW) Insiders Have Been Selling Shares

Dec 29

With EPS Growth And More, First Western Financial (NASDAQ:MYFW) Is Interesting

Dec 02

Shareholder Returns

	MYFW	US Banks	US Market
7D	20.3%	6.5%	1.2%
1Y	-2.8%	34.0%	24.7%

Return vs Industry: MYFW underperformed the US Banks industry which returned 34% over the past year.

Return vs Market: MYFW underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is MYFW's price volatile compared to industry and market?
MYFW volatility
MYFW Average Weekly Movement	6.8%
Banks Industry Average Movement	4.5%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

Stable Share Price: MYFW has not had significant price volatility in the past 3 months.

Volatility Over Time: MYFW's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	310	Scott Wylie	www.myfw.com

First Western Financial, Inc., a financial holding company, provides wealth advisory, private baking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, life insurance, and trust and investment management advisory products and services.

First Western Financial, Inc. Fundamentals Summary

How do First Western Financial's earnings and revenue compare to its market cap?
MYFW fundamental statistics
Market cap	US$157.98m
Earnings (TTM)	US$3.92m
Revenue (TTM)	US$80.28m

40.3x

P/E Ratio

0.6x

P/B Ratio

Is MYFW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MYFW income statement (TTM)
Revenue	US$80.28m
Cost of Revenue	US$0
Gross Profit	US$80.28m
Other Expenses	US$76.36m
Earnings	US$3.92m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.41
Gross Margin	100.00%
Net Profit Margin	4.88%
Debt/Equity Ratio	49.6%

How did MYFW perform over the long term?

See historical performance and comparison

MYFW Stock Overview

Rewards

Risk Analysis

First Western Financial, Inc. Competitors

OTCPK:PLQC

US$124.9m

NasdaqGM:UNB

US$124.7m

OTCPK:FFMH

US$124.5m

OTCPK:KEFI

US$116.0m

Price History & Performance

Recent News & Updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Western Financial, Inc. to Report Q1, 2024 Results on Apr 18, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Chairman recently sold US$696k worth of stock

Consensus EPS estimates fall by 16%

Recent updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Western Financial, Inc. to Report Q1, 2024 Results on Apr 18, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Chairman recently sold US$696k worth of stock

Consensus EPS estimates fall by 16%

Price target increased by 8.2% to US$22.00

First Western Financial, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

First Western Financial, Inc. to Report Q4, 2023 Results on Jan 25, 2024

Investor sentiment deteriorates as stock falls 22%

Price target decreased by 9.9% to US$21.33

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

First Western Financial, Inc. Reports Net Charge-Offs for the Three Months Ended September 30, 2023

First Western Financial, Inc. to Report Q3, 2023 Results on Oct 19, 2023

CFO, COO exercised options to buy US$63k worth of stock.

First Western Financial, Inc. Promotes David Weber to Treasurer, Effective October 1, 2023

First Western Financial, Inc. Announces Executive Promotions

New minor risk - Insider selling

Insider recently sold US$52k worth of stock

Consensus EPS estimates fall by 16%

Price target increased by 7.8% to US$23.00

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First Western Financial, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates fall by 13%

Price target decreased by 14% to US$27.50

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 21%

Independent Director exercised options to buy US$78k worth of stock.

Consensus EPS estimates fall by 20%

Price target decreased by 8.6% to US$30.17

Consensus EPS estimates fall by 20%

First Western Financial, Inc. to Report Q4, 2022 Results on Jan 26, 2023

Independent Director recently sold US$95k worth of stock

First Western Financial, Inc. announced that it has received $20 million in funding

Chairman recently sold US$78k worth of stock

Price target decreased to US$33.33

Third quarter 2022 earnings: EPS exceeds analyst expectations

First Western Financial Non-GAAP EPS of $0.66 beats by $0.03, revenue of $29.25M misses by $0.2M

First Western Financial, Inc. to Report Q3, 2022 Results on Oct 20, 2022

Chairman recently sold US$87k worth of stock

Chairman recently sold US$211k worth of stock

Consensus forecasts updated

Price target decreased to US$38.00

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

First Western Financial, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Independent Director recently sold US$115k worth of stock

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

First Western Financial, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Director recently bought US$99k worth of stock

First Western Financial, Inc. Appoints Julie A. Courkamp as Chief Operating Officer

First Western Financial, Inc. Reports Unaudited Consolidated Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

First Western Financial, Inc. (NasdaqGS:MYFW) acquired Teton Financial Services, Inc. for $52.1 million.

Independent Director exercised options to buy US$120k worth of stock.

Chairman notifies of intention to sell stock

Price target increased to US$40.33

Price target increased to US$37.33