First Western Financial Inc (MYFW)
NASDAQ:MYFW
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.54Last Year’s EPS
0.26Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed broadly positive momentum: meaningful quarter-over-quarter and year-over-year improvements in profitability, NIM expansion, loan and deposit growth, stronger mortgage and fee income, improved efficiency and asset quality, and targeted investments in wealth/deposit capabilities. The negatives were largely manageable or one-time (OREO write-down), plus expected seasonal deposit outflows, competitive deposit pricing, some portfolio rebalancing (owner-occupied CRE), and caution on the pace of future NIM expansion tied to macro uncertainty. On balance the positives materially outweigh the negatives.Company Guidance
Strong Profitability and EPS Growth
Net income of $6.2 million and diluted EPS $0.63 in Q1 2026; EPS up ~85% quarter-over-quarter and third consecutive quarter of EPS improvement.
Balance Sheet Growth and Loan Production
Loans held for investment increased $41 million QoQ; new loan production of $116 million in Q1; management noted roughly 11% year-over-year loan growth.
Deposit Growth and Improved Liquidity
Total deposits increased materially in the quarter (management cited a $95 million QoQ increase and year-over-year deposit growth of ~11–13%); loan-to-deposit ratio fell from 96.5% to below 95%.
Net Interest Income and Margin Expansion
Net interest income rose 1.5% QoQ and ~19.7% YoY; net interest margin expanded to 2.81% (up 10 basis points QoQ).
Mortgage and Fee Income Momentum
Noninterest income increased ~$0.6 million QoQ; mortgage gain-on-sale rose from $0.8 million in Q4 to $1.5 million in Q1; secondary lock volume ~ $180 million (up ~ $40 million QoQ).
Tight Expense Management and Operating Leverage
Noninterest expense decreased $1.1 million QoQ (partly due to Q4 nonrecurring items); efficiency ratio improved for the sixth consecutive quarter and has trended down from ~79% a year ago to the low 70s.
Asset Quality Improvement
No loan charge-offs in the quarter; decreases in nonaccrual loans and NPAs; sale of last OREO property; allowance coverage at 77 basis points of total loans and a release of provision in the quarter.
Wealth/Trust Growth and AUM Trends
Assets under management increased $43 million QoQ (net new accounts/contributions +$42 million); AUM up ~1% YoY; trust and investment management fees up 5.3% YoY and team restructured for growth.
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 |
|---|---|---|---|
Apr 23, 2026 | $26.04 | $26.39 | +1.34% |
Jan 22, 2026 | $27.23 | $24.83 | -8.81% |
Oct 23, 2025 | $22.68 | $22.30 | -1.68% |
Jul 25, 2025 | $23.41 | $22.99 | -1.77% |
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 Jul 23, 2026, After Close (Confirmed).
What is First Western Financial Inc (MYFW) earnings time?
First Western Financial Inc (MYFW) earnings time is at Jul 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 (Q2) is 0.54.