DENVER, Oct. 04, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western"), announced today that it will release financial results for its third quarter ended September 30, 2024 after the markets close on Thursday, October 24, 2024. Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, October 25, 2024, to discuss First Western's financial results. Analysts an ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |------------------------------------------------------------------------------ ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks a ...

First Western Financial, Inc. (NASDAQ:MYFW) Q2 2024 Earnings Conference Call July 24, 2024 12:00 PM ET Company Participants Tony Rossi - Financial Profiles, Inc. Scott Wylie - Chairman and Chief Executive Officer Julie Courkamp - Chief Operating Officer David Weber - Chief Financial Officer Conference Call Participants Wood Lay - Keefe, Bruyette, & Woods, Inc. Bill Dezellem - Tieton Capital Management LLC Ross Haberman - RLH Investments Operator Good day, everyone, and thank you for standing by. Welcome to ...

Primary Background / Call Out Boxes / Text on dark background 255 255 255 AaBbCc 123 Lato (regular, bold, italics) Body Copy / Subheadings / Small Text Descriptions Secondary Colors Chart color Table color Special Headlines 62 94 111 154 161 132 Chart color Table Color 122 125 129 Chart color Table Color Tertiary Colors 164 166 168 Chart Color 157 180 196 Chart Color • NPAs increased to $49.3 million due to the foreclosure on two properties held as collateral that were placed in OREO and more than offset th ...

First Western, which belongs to the Zacks Banks - Midwest industry, posted revenues of $22.75 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 4.01%. This compares to year-ago revenues of $22.4 million. The company has topped consensus revenue estimates just once over the last four quarters. While First Western has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? It will be interesting to see how estimates ...

Exhibit 99.1 Second Quarter 2024 Summary First Western Reports Second Quarter 2024 Financial Results • Book value per common share increased 0.1% from $25.52 in Q1 2024 to $25.55 in Q2 2024. Tangible book value per common share increased 0.2% from $22.21 in Q1 2024 to $22.27 in Q2 2024 (1) • Net interest margin stabilized during the quarter, with a slight increase of 1 basis point from 2.34% in Q1 2024 to 2.35% in Q2 2024 • Net income available to common shareholders of $1.1 million in Q2 2024, compared to ...

Book value per common share increased 0.1% from $25.52 in Q1 2024 to $25.55 in Q2 2024. Tangible book value per common share(1) increased 0.2% from $22.21 in Q1 2024 to $22.27 in Q2 2024 Net interest margin stabilized during the quarter, with a slight increase of 1 basis point from 2.34% in Q1 2024 to 2.35% in Q2 2024 Net income available to common shareholders of $1.1 million in Q2 2024, compared to $2.5 million in Q1 2024 Diluted earnings per share of $0.11 in Q2 2024, compared to $0.26 in Q1 2024 Total c ...

Wall Street expects a year-over-year increase in earnings on higher revenues when First Western (MYFW) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 23. On ...

Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. For First Western, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. Current-Year Estimate Revisions Bottom Line First Western (MYFW) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lat ...