First Western Financial Inc (MYFW) Form 8-K — Oct 22, 2026
First Western Financial (NASDAQ: MYFW) reported Q3 2026 net income available to common shareholders of $6.0 million, or $0.60 per diluted share, up from $5.7 million ($0.57) in Q2 2026 and $3.2 million ($0.32) a year ago. Net interest income rose 5.5% sequentially to $23.0 million on a 5 basis point NIM expansion to 2.95%, while loans held for investment grew $95.0 million (3.5%) to $2.81 billion and deposits rose $70.0 million (2.5%) to $2.92 billion. Asset quality improved with non-performing assets down to 0.39% of total assets, tangible book value per share up 2.9% to $26.28, and the bank remained "well capitalized" with a 9.76% consolidated CET1 ratio.
Key figures
- Eps
- 0.6
- Net Income
- 5981000
- Aum
- $7.21 billion
- Total deposits
- $2.92 billion
- Loan growth qoq
- +$95.0 million (3.5%)
- Total loans hfi
- $2.81 billion
- Efficiency ratio
- 72.20%
- Deposit growth qoq
- +$70.0 million (2.5%)
- Net interest margin
- 2.95%
- Non interest income
- $5.8 million
- Book value per share
- $29.48
- Diluted eps year ago
- 0.32
- Non interest expense
- $20.8 million
- Non performing assets
- $13.3 million (0.39% of total assets)
- Cet1 ratio consolidated
- 9.76%
- Diluted eps prior quarter
- 0.57
- Net interest income q3 2026
- $23.0 million
- New loan production q3 2026
- $162.6 million
- Tangible book value per share
- $26.28
- Return on avg assets annualized
- 0.74%
- Return on avg equity annualized
- 8.39%
- Pre tax pre provision net income
- $7.9 million
- Total capital ratio consolidated
- 11.80%
- Return on tangible common equity annualized
- 9.31%
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