Highest-materiality recent filing
First Western Q1 net income $6.2M; EPS $0.63, up 85% QoQ; NIM expands to 2.81%
Net income available to common shareholders $6.2M ($0.63 diluted EPS), up from $3.3M ($0.34) in Q4 2025.
First Western Financial Reports Q4 2025 Net Income of $3.3M and EPS of $0.34
Net income available to common shareholders was $3.3M in Q4 2025, compared to $3.2M in Q3 2025 and $2.7M in Q4 2024.
First Western Q3 net income $3.2M ($0.32 EPS) vs $2.5M in Q2; deposits up 12.6%
Net income available to common shareholders $3.2M ($0.32 diluted EPS) in Q3 2025, compared to $2.5M ($0.26) in Q2 2025 and $2.1M ($0.22) in Q3 2024.
First Western Q1 net income rises to $4.2M ($0.43 EPS); NIM expands 16 bps to 2.61%
Net income available to common shareholders of $4.2M, up from $2.7M in Q4 2024; diluted EPS $0.43 vs $0.28.
First Western Q4 2024 net income $2.7M ($0.28 EPS) vs net loss year ago
Net income $2.7M ($0.28 diluted EPS) in Q4 2024 vs $2.1M ($0.22) in Q3 2024 and net loss $3.2M ($0.34) in Q4 2023.
First Western Q3 net income $2.1M ($0.22 EPS); deposits up 3.7%, loan-to-deposit ratio down to 95.2%
Net income $2.1M ($0.22 diluted EPS) vs $1.1M ($0.11) in Q2 2024 and $3.1M ($0.32) in Q3 2023.
First Western Q2 net income drops to $1.1M, EPS $0.11; NPLs rise to $49.3M
Net income available to common shareholders $1.1M ($0.11 diluted EPS) vs Q1 $2.5M ($0.26) and Q2 2023 $1.5M ($0.16).
First Western Q1 2024 net income $2.5M ($0.26/diluted) vs Q4 2023 loss $3.2M
Net income available to common $2.5M (diluted EPS $0.26) compared to net loss $3.2M (loss $0.34) in Q4 2023 and net income $3.8M ($0.39) in Q1 2023.
First Western restates Q4 results: $3.5M charge-off on C&I loan after guarantor bankruptcy
Charge-off of $3.5M net of tax reduces Q4 and FY 2023 net income available to common stockholders.
First Western Q4 2023 net income drops to $0.3M; EPS $0.03 vs $0.32 in Q3
Net income available to common shareholders $0.3M, down from $3.1M in Q3; diluted EPS $0.03 vs $0.32.
Net income available to common shareholders $3.1M, diluted EPS $0.32 vs $0.16 Q2 and $0.64 YoY.
First Western Q2 net income $1.5M, EPS $0.16 vs $0.39 Q1; revenue down 5% QoQ
Gross revenue $24.8M, down 5.0% QoQ; net interest income $18.4M, down 5.8% due to higher deposit costs.
First Western Q1 earnings drop: EPS $0.39 vs $0.57 YoY; NIM falls 37bps to 2.93%
Net income available to common shareholders $3.8M, down 30% from $5.5M in Q4 2022 and Q1 2022.
First Western Q4 net income $5.5M ($0.56 EPS); deposits grow 43.9% annualized, NPAs rise to $12.3M
Net income available to common shareholders $5.5M, diluted EPS $0.56, vs $6.2M ($0.64) Q3 2022 and $1.9M ($0.23) Q4 2021.
On and effective June 5, 2025, the Board of Directors of First Western Financial, Inc. (the “Company”) appointed Matthew C. Cassell to serve as Chief Revenue Officer of First Western Trust Bank (the “Bank”).
On April 23, 2025, the Board of Directors of First Western Financial, Inc. (the “Company”) designated David R. Weber, the Company’s Chief Financial Officer and Principal Financial Officer, to serve as its Principal Accounting Officer effective April 23, 2025.
Mr. Weber will assume the Principal Accounting Officer duties from Jesica J. Montgomery, who was promoted to oversee other functions within the Company.
the Company’s shareholders elected a new board member, Ellen S. Robinson to replace retiring board member Eric D. Sipf, effective immediately.
the Company’s shareholders elected a new board member, Ellen S. Robinson to replace retiring board member Eric D. Sipf, effective immediately.
On March 1, 2024, John E. Sawyer, the appointed Chief Investment Officer of First Western Trust Bank, gave notice of his planned resignation.
On September 25, 2023, the Board of Directors of the Company designated its Controller, Jesica J. Montgomery, to serve as the Principal Accounting Officer of the Company effective October 1, 2023.
On September 25, 2023, the Board of Directors of First Western Financial, Inc. (the 'Company') designated David R. Weber, the Company's Chief Financial Officer, to serve as its Principal Financial Officer effective October 1, 2023.
However, Ms. Courkamp will no longer serve as the Company's Principal Financial Officer nor Principal Accounting Officer as of the effective date of Mr. Weber's and Ms. Montgomery's appointments.
Also announced on August 28, 2023, was the promotion of the Company’s current Chief Operating Officer, Chief Financial Officer and Treasurer, Julie A. Courkamp, age 44, to President of the Bank effective October 1, 2023.
On August 28, 2023, First Western Financial, Inc. (the "Company") announced the appointment, effective October 1, 2023, of David R. Weber to serve as its Chief Financial Officer and Treasurer.
the appointment of Julie A. Courkamp, age 42, to the newly created position of Chief Operating Officer, effective immediately.
Max materiality 0.80 · Median 0.30 · Most common event other