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Stock impact report

First Western Reports First Quarter 2024 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
Diluted earnings/(loss) per share of in Q1 2024, compared to $(0.34) in Q4 2023 Non-interest income increased to $7.3 million compared to $6.1 million in Q4 2023 and 25.3% compared to $5.8 million i n Q1 2023 Loan to deposit ratio decreased to 98.4% in Q1 2024, compared to 100.6% in Q4 2023 Book value per common share increased 0.8% from $25.33 in Q4 2023 to $25.52 in Q1 2024 Tangible book value per common share increased 0.9% from $22.01 in Q4 2023 , to $22.21 in Q1 2024 Total capital to risk-weighted assets ratio of % in Q1 2024, compared to 12.59% in Q4 2023 DENVER, April 18, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the first quarter ended March 31, 2024. Net income available to common shareholders was $2.5 million, or $0.26 per diluted share, for the first quarter of 2024. This compares to Net loss of $3.2 million, or $(0.34) per diluted share, for the fourth quarter Show less Read more
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