First Western Financial Inc (MYFW) Form 10-Q — Oct 30, 2026
First Western Financial (MYFW) reported Q3 2026 net income of $5.98 million, or $0.61 basic EPS, nearly double the $3.19 million ($0.33 EPS) earned in Q3 2025. Nine-month net income rose to $17.9 million ($1.84 basic EPS) from $9.9 million ($1.02 EPS) in the prior-year period. The earnings improvement was driven by net interest income expanding to $22.96 million from $19.45 million year-over-year, as loans grew to $2.81 billion and total assets reached $3.42 billion, plus a small $0.55 million provision release for the nine months and declining deposit costs.
Key figures
- Eps
- 0.61
- Revenue
- 0
- Net Income
- 5981000
- Total Assets
- 3420842000
- Cash Position
- 166248000
- Shares Outstanding
- 9772119
- Loans net
- 2785460000
- Total deposits
- 2916213000
- Nonaccrual loans
- 13225000
- Q3 2025 basic eps
- 0.33
- Q3 2026 basic eps
- 0.61
- Substandard loans
- 93776000
- Nine month basic eps
- 1.84
- Buyback authorization
- 5000000
- Nine month net income
- 17918000
- Noninterest income q3
- 5806000
- Q3 net interest income
- 22960000
- Nine month 2025 basic eps
- 1.02
- Total shareholders equity
- 288115000
- Shares repurchased 9m 2026
- 6123
- Q3 2025 net interest income
- 19454000
- Q3 provision for credit losses
- 647000
AI analysis
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