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First Western Financial

Nasdaq:MYFW
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MYFW
Nasdaq
$107M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

First Western Financial, Inc., a financial holding company, through its subsidiaries, provides private banking, personal trust, investment management, mortgage loans, and institutional asset management services. The last earnings update was 73 days ago. More info.


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MYFW Share Price and Events
7 Day Returns
1.4%
NasdaqGS:MYFW
-0%
US Banks
-1.2%
US Market
1 Year Returns
-29.8%
NasdaqGS:MYFW
-8%
US Banks
3.3%
US Market
MYFW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
First Western Financial (MYFW) 1.4% -3.5% 0.1% -29.8% - -
US Banks -0% 2.7% -0.8% -8% 45.6% 46.1%
US Market -1.2% 0.8% 0.9% 3.3% 35.9% 41.7%
1 Year Return vs Industry and Market
  • MYFW underperformed the Banks industry which returned -8% over the past year.
  • MYFW underperformed the Market in United States of America which returned 3.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

MYFW Value

 Is First Western Financial undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of First Western Financial to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for First Western Financial.

NasdaqGS:MYFW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $17.35 * 3.2%
$0.55
Book Value of Equity per Share Median Book Value from the past 5 years. $17.35
Discount Rate (Cost of Equity) See below 7.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:MYFW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.597 (1 + (1- 21%) (40.03%))
0.856
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.856 * 5.96%)
7.83%

Discounted Cash Flow Calculation for NasdaqGS:MYFW using Excess Returns Model Model

The calculations below outline how an intrinsic value for First Western Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqGS:MYFW Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (3.2% – 7.83%) * $17.35)
$-0.81
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.81 / (7.83% - 2.73%)
$-15.86
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $17.35 + $-15.86
$1.49
NasdaqGS:MYFW Discount to Share Price
Calculation Result
Value per share (USD) From above. $1.49
Current discount Discount to share price of $13.41
= -1 x ($13.41 - $1.49) / $1.49
-798.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of First Western Financial is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for First Western Financial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are First Western Financial's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:MYFW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.73
NasdaqGS:MYFW Share Price ** NasdaqGS (2019-07-19) in USD $13.41
United States of America Banks Industry PE Ratio Median Figure of 595 Publicly-Listed Banks Companies 12.72x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.86x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of First Western Financial.

NasdaqGS:MYFW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:MYFW Share Price ÷ EPS (both in USD)

= 13.41 ÷ 0.73

18.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • First Western Financial is overvalued based on earnings compared to the US Banks industry average.
  • First Western Financial is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does First Western Financial's expected growth come at a high price?
Raw Data
NasdaqGS:MYFW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
37%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.19x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NasdaqGS:MYFW PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.35x ÷ 37%

0.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • First Western Financial is good value based on expected growth next year.
Price based on value of assets
What value do investors place on First Western Financial's assets?
Raw Data
NasdaqGS:MYFW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $15.02
NasdaqGS:MYFW Share Price * NasdaqGS (2019-07-19) in USD $13.41
United States of America Banks Industry PB Ratio Median Figure of 595 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.79x
NasdaqGS:MYFW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:MYFW Share Price ÷ Book Value per Share (both in USD)

= 13.41 ÷ 15.02

0.89x

* Primary Listing of First Western Financial.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • First Western Financial is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess First Western Financial's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. First Western Financial has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MYFW Future Performance

 How is First Western Financial expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
37%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is First Western Financial expected to grow at an attractive rate?
  • First Western Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • First Western Financial's earnings growth is expected to exceed the United States of America market average.
  • First Western Financial's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:MYFW Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:MYFW Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 37%
NasdaqGS:MYFW Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 11.5%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 1.8%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:MYFW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:MYFW Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 71 11 1
2019-12-31 64 9 1
NasdaqGS:MYFW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 58 11 5
2018-12-31 58 18 4
2018-09-30 59 15 2
2018-06-30 58 -15 1
2018-03-31 56 -7 0
2017-12-31 54 -5 0
2016-12-31 53 19 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • First Western Financial's earnings are expected to grow significantly at over 20% yearly.
  • First Western Financial's revenue is expected to grow by 11.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:MYFW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from First Western Financial Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:MYFW Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.48 1.62 1.33 2.00
2019-12-31 1.08 1.08 1.08 2.00
NasdaqGS:MYFW Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.73
2018-12-31 0.64
2018-09-30 0.33
2018-06-30 0.18
2018-03-31 0.07
2017-12-31 -0.05
2016-12-31 -0.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if First Western Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess First Western Financial's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
First Western Financial has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MYFW Past Performance

  How has First Western Financial performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare First Western Financial's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if First Western Financial's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare First Western Financial's 1-year earnings growth to the 5-year average due to insufficient past data.
  • First Western Financial's earnings growth has exceeded the US Banks industry average in the past year (1201.5% vs 37.8%).
Earnings and Revenue History
First Western Financial's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from First Western Financial Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:MYFW Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 57.53 5.27 46.35
2018-12-31 57.62 4.27 46.99
2018-09-30 58.59 2.03 48.77
2018-06-30 58.00 1.06 48.52
2018-03-31 56.43 0.41 47.78
2017-12-31 53.68 -0.27 45.88
2016-12-31 53.39 -0.54 46.29

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • First Western Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • First Western Financial used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if First Western Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess First Western Financial's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
First Western Financial has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MYFW Health

 How is First Western Financial's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of First Western Financial's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from First Western Financial Company Filings, last reported 3 months ago.

NasdaqGS:MYFW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 119.67 27.02 69.77
2018-12-31 116.88 21.86 73.36
2018-09-30 114.16 52.16 70.42
2018-06-30 104.96 89.13 58.46
2018-03-31 104.16 61.46 37.08
2017-12-31 101.85 42.10 9.50
2016-12-31 95.93 57.74 62.69
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • First Western Financial has an acceptable proportion of non-loan assets held.
  • First Western Financial's liabilities are made up of primarily low risk sources of funding.
  • Loans at First Western Financial are broadly funded by customer deposits.
  • First Western Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • First Western Financial has a low allowance for bad loans.
  • First Western Financial has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess First Western Financial's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. First Western Financial has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MYFW Dividends

 What is First Western Financial's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from First Western Financial dividends.
If you bought $2,000 of First Western Financial shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate First Western Financial's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate First Western Financial's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:MYFW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 480 Stocks 3.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:MYFW Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as First Western Financial has not reported any payouts.
  • Unable to verify if First Western Financial's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of First Western Financial's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as First Western Financial has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess First Western Financial's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can First Western Financial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. First Western Financial has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MYFW Management

 What is the CEO of First Western Financial's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Wylie
COMPENSATION $706,717
AGE 61
TENURE AS CEO 17.5 years
CEO Bio

Mr. Scott C. Wylie serves as Founder, Chairman, Chief Executive Officer, and President of First Western Trust Bank and First Western Financial, Inc since 2002. He served as Chairman and Chief Executive Officer of Northern Trust Bank of Colorado from 1998 to 2002, after having sold his prior institution Trust Bank of Colorado to Northern in 1998. Prior to that, he led the acquisition of Equitable Bankshares of Colorado. In 1987, he started his first Bank as a subsidiary of the First Boston Corporation. He served as Chairman of American Fundware. He was appointed as Associate with First Boston Corporation. He is Founder and Past Chairman of Young Presidents’ Organization, Colorado Chapter. He is also a Past Member of Young Presidents’ Organization, Rocky Mountain Chapter. Mr. Wylie is involved in an array of community organizations and he currently serves on the boards of the Denver Convention Center Hotel Authority, Colorado Succeeds, Roundup River Ranch and the Museum of Contemporary Art Denver. Mr. Wylie obtained a Masters of Business Administration from Harvard Graduate School of Business, a Masters of Arts in Economic Development from the School of International Service at American University. He holds Bachelor of Arts from the College of Literature, Science, and Arts at the University of Michigan.

CEO Compensation
  • Scott's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Scott's remuneration is higher than average for companies of similar size in United States of America.
Management Team

Scott Wylie

TITLE
Chairman
COMPENSATION
$707K
AGE
61
TENURE
17.5 yrs

Julie Courkamp

TITLE
CFO & Treasurer
COMPENSATION
$305K
AGE
39
TENURE
6.5 yrs

Jim Gersack

TITLE
Board of Directors Tenure

Average tenure and age of the First Western Financial board of directors in years:

12
Average Tenure
59.5
Average Age
  • The average tenure for the First Western Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Patrick Hamill

TITLE
Director
COMPENSATION
$57K
AGE
59
TENURE
15.5 yrs

Scott Wylie

TITLE
Chairman
COMPENSATION
$707K
AGE
61
TENURE
17.5 yrs

Eric Sipf

TITLE
Director
COMPENSATION
$61K
AGE
70
TENURE
16.5 yrs

Joseph Zimlich

TITLE
Lead Independent Director
COMPENSATION
$57K
AGE
60

Tom Gart

TITLE
Director
COMPENSATION
$55K
TENURE
6.5 yrs

Luke Latimer

TITLE
Director
COMPENSATION
$56K
AGE
42
TENURE
4 yrs

Julie Caponi

TITLE
Director
COMPENSATION
$56K
AGE
57
TENURE
2.5 yrs

David Duncan

TITLE
Director
COMPENSATION
$53K
AGE
53
TENURE
8.5 yrs

Mark Smith

TITLE
Director
COMPENSATION
$55K
AGE
67
TENURE
17.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Mar 19 Sell Scott Wylie Individual 15. Mar 19 15. Mar 19 -15,000 $13.46 $-201,900
X
Management checks
We assess First Western Financial's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. First Western Financial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MYFW News

Simply Wall St News

Who Has Been Selling First Western Financial, Inc. (NASDAQ:MYFW) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in First Western Financial, Inc. … See our latest analysis for First Western Financial The Last 12 Months Of Insider Transactions At First Western Financial The Chairman, Scott Wylie, made the biggest insider sale in the last 12 months. … Insider Ownership of First Western Financial For a common shareholder, it is worth checking how many shares are held by company insiders.

Simply Wall St -

Why First Western Financial, Inc. (NASDAQ:MYFW) May Be Riskier Than You Think

Credit risk is one of the biggest risk First Western Financial, Inc. … This is because bad debt is written off as an expense and impacts First Western Financial’s bottom line and shareholders’ value. … I will take you through some useful measures of bad debt and liabilities in order to properly analyse First Western Financial’s risk level before you invest in the stock.

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What Percentage Of First Western Financial, Inc. (NASDAQ:MYFW) Shares Do Insiders Own?

The big shareholder groups in First Western Financial, Inc. … Generally speaking, as a company grows, institutions will increase their ownership. … First Western Financial is not a large company by global standards.

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Should You Be Concerned About First Western Financial, Inc.’s (NASDAQ:MYFW) Risks?

As a small cap company operating in a heavily regulated financial services sector, an investment in First Western Financial, Inc. … Since bad debt is written off as an expense, it impacts First Western Financial’s bottom line and shareholders’ value. … I will take you through some useful measures of bad debt and liabilities in order to properly analyse First Western Financial’s risk level before you invest in the stock.

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Three Understated Metrics For First Western Financial Inc (NASDAQ:MYFW) You Should Know

As a small-cap bank stock with a market capitalisation of US$126m, First Western Financial Inc’s (NASDAQ:MYFW) risk and profitability are largely determined by the underlying economic growth of the US regions in which it operates. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like First Western Financial to vulnerabilities. … Strong management of leverage and liquidity could place the bank in a protected position at the face of macro headwinds.

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How Did First Western Financial Inc's (NASDAQ:MYFW) 2.58% ROE Fare Against The Industry?

and want to begin learning the link between company’s fundamentals and stock market performance. … First Western Financial Inc’s (NASDAQ:MYFW) most recent return on equity was a substandard 2.58% relative to its industry performance of 8.83% over the past year. … Today I will look at how components such as financial leverage can influence ROE which may impact the sustainability of MYFW's returns

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MYFW Company Info

Description

First Western Financial, Inc., a financial holding company, through its subsidiaries, provides private banking, personal trust, investment management, mortgage loans, and institutional asset management services. It operates through three segments: Wealth Management, Capital Management, and Mortgage. The Wealth Management segment provides deposit, loan, insurance, and trust and investment management advisory products and services. The Capital Management offers institutional investment management services; and acts as advisor of proprietary mutual funds. The Mortgage segment engages in soliciting, originating, and selling mortgage loans into the secondary market. The company serves entrepreneurs, professionals, and high-net worth individuals and their related philanthropic and business organizations through a network of boutique private trust bank offices in Colorado, Arizona, Wyoming, and California. First Western Financial, Inc. was founded in 2002 and is headquartered in Denver, Colorado.

Details
Name: First Western Financial, Inc.
MYFW
Exchange: NasdaqGS
Founded: 2002
$107,063,643
7,983,866
Website: http://www.myfw.com
Address: First Western Financial, Inc.
1900 16th Street,
Suite 1200,
Denver,
Colorado, 80202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS MYFW Common Stock Nasdaq Global Select US USD 19. Jul 2018
Number of employees
Current staff
Staff numbers
245
First Western Financial employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 03:14
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/10
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.