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First Western Reports First Quarter 2024 Financial Results
MYFWFirst Western(MYFW) Newsfilter·2024-04-18 21:26

First Quarter 2024 Summary Net income available to common shareholders of 2.5millioninQ12024,comparedtoaNetlossof2.5 million in Q1 2024, compared to a Net loss of 3.2 million in Q4 2023.Diluted earnings/(loss) per share of 0.26inQ12024,comparedto0.26 in Q1 2024, compared to (0.34) in Q4 2023 Non-interest income increased 19.7% to 7.3millioncomparedto7.3 million compared to 6.1 million in Q4 2023 and 25.3% compared to 5.8millioninQ12023Loantodepositratiodecreasedto98.45.8 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 ...