Under the plan, First Western Financial is authorized to repurchase up to 2 million shares, representing almost 2% of its outstanding shares. The program will be in effect for one year. First Western Financial doesn't pay dividends. Over the years, First Western Financial has expanded organically and through strategic acquisitions. In 2021, the company acquired Teton Financial Services, Inc. The transaction expanded the company's presence in Wyoming. First Western Financial has a solid balance sheet positio ...

First Western is a financial services holding company headquartered in Denver, Colorado, with operations in Colorado, Arizona, Wyoming, California, and Montana. First Western and its subsidiaries provide a fully integrated suite of wealth management services on a private trust bank platform, which includes a comprehensive selection of deposit, loan, trust, wealth planning and investment management products and services. First Western's common stock is traded on the Nasdaq Global Select Market under the symb ...

DENVER, June 06, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado ("First Western" or the "Company"), today announced the appointment of Ellen S. Robinson to the Company's Board of Directors, as well as the retirement of Eric D. Sipf from the Board of Directors. Scott C. Wylie, Chairman and CEO of First Western, said, "We are very pleased to welcome Ellen Robinson to our Board of Directors. Ellen has been a prominen ...

"We would also like to thank Eric Sipf for his many years of valuable service to our company. Eric was a founding director and a leader on our board for 20 years, including serving as the chair of the audit committee for 15 years. His guidance, expertise, and leadership have been extremely valuable as we have grown our franchise over the past 20 years and we wish him well in his retirement," said Mr. Wylie. Ms. Robinson holds a Bachelor of Science in Finance and Marketing from The Wharton School, University ...

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 March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-38595 _____________ ...

First Quarter 2024 Conference Call Statements in this presentation regarding our expectations and beliefs about our future financial performance and financial condition, as well as trends in our business and markets are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forwardlooking statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "position," "outlook," or words of similar meaning, or future or ...

First Western Financial, Inc. (NASDAQ:MYFW) Q1 2024 Earnings Conference Call April 19, 2024 12:00 PM ET Company Participants Tony Rossi – Financial Profiles Scott Wylie – Chairman and Chief Executive Officer Julie Courkamp – Chief Operating Officer David Weber – Chief Financial Officer Conference Call Participants Brett Rabatin – Hovde Group Brady Gailey – KBW Adam Butler – Piper Sandler Operator Good day and thank you for standing by and welcome to the First Western Financial First Quarter 2024 Earnings Co ...

First Western (MYFW) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.84%. A quarter ago, it was expected that this company would post earnings of $0.33 per share when it actually produced earnings of $0.03, delivering a surprise of -90.91%.Over the last four quarters, the company h ...

First Quarter 2024 Summary Net income available to common shareholders of $2.5 million in Q1 2024, compared to a Net loss of $3.2 million in Q4 2023.Diluted earnings/(loss) per share of $0.26 in Q1 2024, compared to $(0.34) in Q4 2023 Non-interest income increased 19.7% to $7.3 million compared to $6.1 million in Q4 2023 and 25.3% compared to $5.8 million in Q1 2023Loan to deposit ratio decreased to 98.4% in Q1 2024, compared to 100.6% in Q4 2023Book value per common share increased 0.8% from $25.33 in Q4 2 ...

Exhibit 99.1 • Net income available to common shareholders of $2.5 million in Q1 2024, compared to a Net loss of $3.2 million in Q4 2023. • Non-interest income increased 19.7% to $7.3 million compared to $6.1 million in Q4 2023 and 25.3% compared to $5.8 million in Q1 2023 | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------|-------|----------------------|-----------|--------------------------------------------|-------|-------------- ...