First Western Financial, Inc. (MYFW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 20.88M | 20.58M | 19.3M | 17.73M | 17.32M | 16.78M | 15.43M | 15.67M | 15.97M | 16.17M | 16.63M | 18.29M | 19.4M | 21.6M | 23.1M | 20.37M | 18.48M | 14.39M | 14.85M | 14.22M |
| NII Growth % | 20.54% | 22.64% | 25.05% | 13.12% | 8.45% | 3.77% | -7.16% | -14.31% | -17.65% | -25.15% | -28.03% | -10.19% | 5.01% | 50.16% | 55.6% | 43.19% | 41.54% | 6.91% | 14.92% | 31.74% |
| Net Interest Margin % | 0.64% | 0.65% | 0.6% | 0.59% | 0.6% | 0.57% | 0.53% | 0.53% | 0.54% | 0.54% | 0.55% | 0.61% | 0.65% | 0.75% | 0.85% | 0.8% | 0.72% | 0.57% | 0.72% | 0.71% |
| Interest Income | 41.1M | 42.3M | 42.62M | 37.34M | 37.08M | 37.98M | 37.96M | 37.95M | 38.3M | 37.83M | 36.34M | 36.23M | 34.54M | 32.27M | 26.83M | 21.86M | 19.86M | 15.73M | 16.15M | 15.55M |
| Interest Expense | 20.22M | 21.73M | 23.32M | 19.62M | 19.76M | 21.2M | 22.52M | 22.28M | 22.33M | 21.66M | 19.71M | 17.94M | 15.15M | 10.66M | 3.73M | 1.49M | 1.38M | 1.34M | 1.3M | 1.32M |
| Loan Loss Provision | -728K | 0 | 2.26M | 1.77M | 80K | -974K | 501K | 2.33M | 72K | 8.49M | 329K | 1.84M | -323K | 1.2M | 1.76M | 519K | 210K | 812K | 406K | 12K |
| Non-Interest Income | 6.83M | 6.08M | 7M | 6.46M | 7.46M | 4.02M | 7.11M | 7.08M | 7.38M | 4.12M | 6.24M | 4.11M | 5.98M | 5.38M | 6.19M | 6.71M | 8.41M | 8.53M | 10.49M | 9.5M |
| Non-Interest Income % | 14.25% | 12.56% | 14.1% | 14.75% | 16.75% | 9.58% | 15.77% | 15.72% | 16.15% | 9.82% | 14.65% | 10.18% | 14.76% | 14.3% | 18.75% | 23.5% | 29.75% | 35.15% | 39.39% | 37.93% |
| Total Revenue | 47.93M | 48.38M | 49.62M | 43.8M | 44.54M | 42M | 45.06M | 45.03M | 45.68M | 41.95M | 42.58M | 40.33M | 40.52M | 37.65M | 33.03M | 28.57M | 28.27M | 24.26M | 26.64M | 25.05M |
| Revenue Growth % | 7.61% | 15.19% | 10.11% | -2.72% | -2.49% | 0.13% | 5.83% | 11.64% | 12.74% | 11.42% | 28.93% | 41.16% | 43.35% | 55.2% | 23.98% | 14.07% | 12.55% | 3.48% | -17.89% | -10.21% |
| Non-Interest Expense | 20.34M | 21.25M | 20.07M | 19.1M | 19.36M | 17.86M | 19.37M | 19M | 19.7M | 16.15M | 18.31M | 18.52M | 20.53M | 18.49M | 19.3M | 20.59M | 19.36M | 19.51M | 16.47M | 15.52M |
| Efficiency Ratio | 42.43% | 43.93% | 40.46% | 43.6% | 43.47% | 42.53% | 42.98% | 42.2% | 43.12% | 38.5% | 43.01% | 45.91% | 50.66% | 49.11% | 58.44% | 72.04% | 68.49% | 80.44% | 61.81% | 61.97% |
| Operating Income | 8.1M | 5.35M | 3.96M | 3.32M | 5.36M | 3.91M | 2.67M | 1.42M | 3.58M | -4.36M | 4.22M | 2.04M | 5.16M | 7.3M | 8.23M | 5.98M | 7.32M | 2.59M | 8.47M | 8.19M |
| Operating Margin % | 16.9% | 11.06% | 7.99% | 7.57% | 12.03% | 9.32% | 5.93% | 3.14% | 7.83% | -10.39% | 9.92% | 5.05% | 12.74% | 19.39% | 24.93% | 20.91% | 25.88% | 10.66% | 31.78% | 32.69% |
| Operating Income Growth % | 51.26% | 36.74% | 48.45% | 134.42% | 49.68% | 189.83% | -36.74% | -30.47% | -30.65% | -159.68% | -48.73% | -65.95% | -29.46% | 182.22% | -2.73% | -27.02% | -8.99% | -63.57% | -33.97% | -28.52% |
| Pretax Income | 8.1M | 4.43M | 3.96M | 3.32M | 5.36M | 3.91M | 2.67M | 1.42M | 3.58M | -4.36M | 4.22M | 2.04M | 5.16M | 7.3M | 8.23M | 5.98M | 7.32M | 2.59M | 8.47M | 8.19M |
| Pretax Margin % | 16.9% | 9.17% | 7.99% | 7.57% | 12.03% | 9.32% | 5.93% | 3.14% | 7.83% | -10.39% | 9.92% | 5.05% | 12.74% | 19.39% | 24.93% | 20.91% | 25.88% | 10.66% | 31.78% | 32.69% |
| Income Tax | 1.9M | 1.12M | 779K | 814K | 1.17M | 1.17M | 537K | 339K | 1.06M | -1.14M | 1.1M | 529K | 1.34M | 1.83M | 2.01M | 1.49M | 1.79M | 670K | 2.05M | 1.91M |
| Effective Tax Rate % | 23.39% | 25.28% | 19.65% | 24.54% | 21.88% | 29.79% | 20.1% | 23.96% | 29.73% | 26.12% | 26.15% | 26% | 25.98% | 25.07% | 24.46% | 25% | 24.49% | 25.9% | 24.2% | 23.34% |
| Net Income | 6.21M | 3.31M | 3.19M | 2.5M | 4.18M | 2.75M | 2.13M | 1.08M | 2.52M | -3.22M | 3.12M | 1.51M | 3.82M | 5.47M | 6.22M | 4.48M | 5.52M | 1.92M | 6.42M | 6.28M |
| Net Margin % | 12.95% | 6.85% | 6.42% | 5.71% | 9.4% | 6.54% | 4.74% | 2.39% | 5.51% | -7.67% | 7.32% | 3.73% | 9.43% | 14.53% | 18.84% | 15.69% | 19.54% | 7.9% | 24.09% | 25.06% |
| Net Income Growth % | 48.34% | 20.6% | 49.3% | 132.62% | 66.4% | 185.37% | -31.56% | -28.55% | -34.16% | -158.84% | -49.88% | -66.4% | -30.85% | 185.39% | -3.05% | -28.6% | -7.92% | -60.67% | -33.36% | -27.82% |
| Net Income (Continuing) | 6.21M | 3.31M | 3.19M | 2.5M | 4.18M | 2.75M | 2.13M | 1.08M | 2.52M | -3.22M | 3.12M | 1.51M | 3.82M | 5.47M | 6.22M | 4.48M | 5.52M | 1.92M | 6.42M | 6.28M |
| EPS (Diluted) | 0.62 | 0.33 | 0.32 | 0.26 | 0.43 | 0.28 | 0.22 | 0.11 | 0.26 | -0.33 | 0.32 | 0.16 | 0.39 | 0.56 | 0.64 | 0.46 | 0.57 | 0.23 | 0.78 | 0.76 |
| EPS Growth % | 44.19% | 17.86% | 45.45% | 136.36% | 65.38% | 184.85% | -31.25% | -31.25% | -33.33% | -158.93% | -50% | -65.22% | -31.58% | 143.48% | -17.95% | -39.47% | -22.97% | -62.3% | -35% | -30.91% |
| EPS (Basic) | 0.64 | 0.34 | 0.33 | 0.26 | 0.43 | 0.28 | 0.22 | 0.11 | 0.26 | -0.34 | 0.33 | 0.16 | 0.40 | 0.58 | 0.66 | 0.47 | 0.59 | 0.24 | 0.80 | 0.79 |
| Diluted Shares Outstanding | 9.96M | 9.96M | 9.96M | 9.81M | 9.8M | 9.79M | 9.83M | 9.75M | 9.71M | 9.74M | 9.74M | 9.69M | 9.73M | 9.7M | 9.67M | 9.72M | 9.76M | 8.37M | 8.25M | 8.21M |