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.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has First Western Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MYFW has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MYFW exceeded the US Banks industry which returned -34.8% over the past year.
Return vs Market: MYFW exceeded the US Market which returned -15.9% over the past year.
Price Volatility Vs. Market
How volatile is First Western Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StAre Insiders Selling First Western Financial, Inc. (NASDAQ:MYFW) Stock?
1 month ago | Simply Wall StDo First Western Financial's (NASDAQ:MYFW) Earnings Warrant Your Attention?
2 months ago | Simply Wall StIntroducing First Western Financial (NASDAQ:MYFW), A Stock That Climbed 28% In The Last Year
Is First Western Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MYFW ($13.5) is trading above our estimate of fair value ($8.85)
Significantly Below Fair Value: MYFW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MYFW is poor value based on its PE Ratio (13.3x) compared to the Banks industry average (8.5x).
PE vs Market: MYFW is poor value based on its PE Ratio (13.3x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: MYFW is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: MYFW is overvalued based on its PB Ratio (0.8x) compared to the US Banks industry average (0.8x).
How is First Western Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MYFW's forecast earnings growth (34.4% per year) is above the savings rate (1.7%).
Earnings vs Market: MYFW's earnings (34.4% per year) are forecast to grow faster than the US market (13.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MYFW's revenue (13% per year) is forecast to grow faster than the US market (7% per year).
High Growth Revenue: MYFW's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MYFW's Return on Equity is forecast to be low in 3 years time (14.1%).
How has First Western Financial performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: MYFW has a high level of non-cash earnings.
Growing Profit Margin: MYFW's current net profit margins (12.5%) are higher than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MYFW's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare MYFW's past year earnings growth to its 5-year average.
Earnings vs Industry: MYFW earnings growth over the past year (87.6%) exceeded the Banks industry 10.9%.
Return on Equity
High ROE: MYFW's Return on Equity (6.3%) is considered low.
How is First Western Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: MYFW has a low level of unsold assets or inventory.
Debt Coverage by Assets: MYFW's debt is covered by short term assets (assets are 8.3x debt).
Financial Institutions Analysis
Asset Level: MYFW's level of assets compared to its equity is low.
Allowance for Bad Loans: MYFW has a low allowance for bad loans.
Low Risk Liabilities: MYFW's liabilities are made up of primarily low risk sources of funding.
Loan Level: MYFW has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MYFW's loans are broadly funded by customer deposits.
Level of Bad Loans: MYFW has an appropriate level of bad loans (1.23%)
What is First Western Financial's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MYFW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MYFW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MYFW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MYFW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MYFW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Scott Wylie (60yo)
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 also serves as Chairman and Chief Executiv ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD706.72K) is about average for companies of similar size in the US market ($USD626.05K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
|Independent Director||17.25yrs||US$60.75k||2.21% $2.4m|
|Independent Director||7.25yrs||US$54.75k||1.1% $1.2m|
|Independent Director||3.25yrs||US$55.75k||0.17% $176.6k|
|Lead Independent Director||no data||US$56.90k||0.31% $331.6k|
|Independent Director||16.25yrs||US$56.85k||1.26% $1.3m|
|Independent Director||4.75yrs||US$56.00k||0.59% $626.7k|
|Independent Director||9.25yrs||US$53.00k||0.032% $33.8k|
|Independent Director||18.25yrs||US$54.50k||0.49% $525.8k|
Experienced Board: MYFW's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.5%.
First Western Financial, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: First Western Financial, Inc.
- Ticker: MYFW
- Exchange: NasdaqGS
- Founded: 2002
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$106.886m
- Shares outstanding: 7.92m
- Website: https://www.myfw.com
Number of Employees
- First Western Financial, Inc.
- 1900 16th Street
- Suite 1200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MYFW||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jul 2018|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 08:49|
|End of Day Share Price||2020/04/03 00:00|
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.