First Western Reports Second Quarter 2026 Financial Results
First Western reported Q2 net income of $5.7 million, or $0.57 per diluted share, reflecting growth in net interest income and an expanded net interest margin of 2.90%. Average noninterest-bearing deposits grew 5.1% quarter-over-quarter to $365.3 million, while total loans held for investment increased 0.9% to $2.72 billion.
Key figures
- Eps
- 0.57
- Revenue
- 21764000
- Revenue Yoy
- 27.7%
- Efficiency ratio
- 74.03%
- Net interest income
- 21764000
- Net interest margin
- 2.90%
- Book value per share
- 28.73
- Return on average assets
- 0.73%
- Tangible book value per share
- 25.53
- Return on tangible common equity
- 9.19%
- Return on average shareholders equity
- 8.28%
AI analysis
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