First Western Financial Balance Sheet Health
Financial Health criteria checks 5/6
First Western Financial has total assets of $2.9B and total equity of $245.5M. Total deposits are $2.5B, and total loans are $2.5B earning a Net Interest Margin of 2.6%. It has insufficient allowance for bad loans, which are currently at 1.9% of total loans. Cash and short-term investments are $257.9M.
Key information
11.9x
Asset to equity ratio
2.6%
Net interest margin
Total deposits | US$2.53b |
Loan to deposit ratio | Appropriate |
Bad loans | 1.9% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | US$257.89m |
Recent financial health updates
No updates
Recent updates
First Western Financial Non-GAAP EPS of $0.66 beats by $0.03, revenue of $29.25M misses by $0.2M
Oct 20With EPS Growth And More, First Western Financial (NASDAQ:MYFW) Is Interesting
May 04What You Need To Know About First Western Financial, Inc.'s (NASDAQ:MYFW) Investor Composition
Mar 02If You Had Bought First Western Financial (NASDAQ:MYFW) Stock A Year Ago, You Could Pocket A 13% Gain Today
Jan 25Need To Know: First Western Financial, Inc. (NASDAQ:MYFW) Insiders Have Been Selling Shares
Dec 29With EPS Growth And More, First Western Financial (NASDAQ:MYFW) Is Interesting
Dec 02Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MYFW's Assets to Equity ratio (11.9x) is moderate.
Allowance for Bad Loans: MYFW has a low allowance for bad loans (53%).
Low Risk Liabilities: 94% of MYFW's liabilities are made up of primarily low risk sources of funding.
Loan Level: MYFW has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: MYFW's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: MYFW has an appropriate level of bad loans (1.9%).