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First Western Financial Inc (MYFW)
NASDAQ:MYFW
Earnings Data
Report Date
Apr 23, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.44Last Year’s EPS
0.43Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly constructive picture: margin expansion, strong net interest income growth, quarter-over-quarter loan and deposit growth, stable asset quality, and strategic investments in talent and wealth/mortgage capabilities. Most negatives were one-time, seasonal, or operational timing items (OREO write-down, AUM withdrawals, seasonal mortgage and noninterest income declines). Management reiterated a positive 2026 outlook (expecting similar loan/deposit growth, further NIM improvement, and a path toward a 1% ROA), supporting a forward-looking constructive view.Company Guidance
Net Interest Margin Expansion and Net Interest Income Growth
NIM expanded 17 basis points quarter-over-quarter to 2.71% (≈+26 bps year-over-year). Net interest income increased 5.6% from the prior quarter and 21.7% versus Q4 2024, driving the primary revenue improvement.
Revenue and Profitability Improvement
Gross revenue rose 1.5% quarter-over-quarter and 12.2% year-over-year. The company generated net income of $3.3 million, or $0.34 per diluted share in Q4, and reported a normalized operating run rate equivalent to roughly $2.00 per share annualized when adjusting for the one-time OREO write-down.
Strong Loan Production and Loan Growth
New loan production was $146 million in Q4 and loans held for investment increased by $59 million quarter-over-quarter. Management expects loan growth in 2026 similar to 2025, driven by diversified origination across markets and loan types and about $250 million of fixed-rate loans repricing over the next year (avg yield in low-5% range).
Deposit Growth and Balance Sheet Optimization
Total deposits increased $102 million quarter-over-quarter and average deposits increased 10% versus Q4 2024. Management reduced high-cost deposits, lowering cost of funds (spot deposit rate at year-end ~2.86%) and reported a deposit beta of ~54% in the quarter that management believes is sustainable.
Asset Quality Stability
Loan portfolio showed generally stable trends with decreases in nonaccrual loans and NPAs, minimal net charge-offs in the quarter, and allowance coverage unchanged at 81 basis points of total loans. Remaining OREO is under contract with expected close in Q1.
Strategic Talent and Business Build — Mortgage and Wealth
Mortgage production capability increased via hiring: eight new MLOs in 2025 (≈45% increase year-over-year). Wealth/Trust restructuring and shift toward fiduciary/planning and a new B2B offering are underway with management expecting improved fee income results into 2026.
MYFW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MYFW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 22, 2026 | $27.23 | $24.83 | -8.81% |
Oct 23, 2025 | $22.68 | $22.30 | -1.68% |
Jul 25, 2025 | $23.40 | $22.99 | -1.75% |
Apr 24, 2025 | $18.85 | $20.34 | +7.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does First Western Financial Inc (MYFW) report earnings?
First Western Financial Inc (MYFW) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).
What is First Western Financial Inc (MYFW) earnings time?
First Western Financial Inc (MYFW) earnings time is at Apr 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MYFW EPS forecast?
MYFW EPS forecast for the fiscal quarter 2026 (Q1) is 0.44.