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Stock impact report

First Western Reports Fourth Quarter 2023 Financial Results [Yahoo! Finance]

First Western Financial, Inc. (MYFW) 
Last first western financial, inc. earnings: 4/30 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Loan to deposit ratio improved to 100.7% in Q4 2023, compared to 105.1% in Q3 2023 Net income available to common shareholders of $0.3 million in Q4 2023, compared to $3.1 million in Q3 2023 and pre-tax, pre-provision net income of $4.1 million in Q4 2023, compared to $4.6 million in Q3 2023 Diluted EPS of $0.03 in Q4 2023, compared to $0.32 in Q3 2023 Total capital to risk-weighted assets ratio of 12.82% in Q4 2023, compared to 12.45% in Q3 2023 DENVER, Jan. 25, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the fourth quarter ended December 31, 2023. Net income available to common shareholders was $0.3 million, or $0.03 per diluted share, for the fourth quarter of 2023. This compares to $3.1 million, or $0.32 per diluted share, for the third quarter of 2023, and $5.5 million, or $0.56 per diluted share, for the fourth quarter of 2022. Scott C. Wylie, CEO of First Western, com Show less Read more
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