New insider activity at First Western Financial ( (MYFW) ) has taken place on May 13, 2025.
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Scott C. Wylie, the Chairman of the Board, CEO, and President of First Western Financial, has sold 5,000 shares of the company’s stock. This transaction is valued at $107,650.
Recent Updates on MYFW stock
First Western Financial has seen significant developments recently, highlighted by the appointment of David R. Weber as the Principal Accounting Officer and the release of strong Q1 2025 financial results. The company reported a notable increase in net income to $4.2 million from $2.7 million in the previous quarter, driven by an increase in net interest income and a higher net interest margin. These positive financial results, alongside strategic initiatives such as reinvesting proceeds from property sales into interest-earning assets, have contributed to a positive outlook. Despite challenges like flat loan production and decreased assets under management, the company remains optimistic about its growth trajectory. Keefe Bruyette raised the price target for First Western Financial, reflecting confidence in the company’s earnings growth and strategic direction. However, liquidity issues and bearish technical signals remain concerns. Overall, First Western Financial is positioned for potential growth, but must carefully navigate market conditions.
Spark’s Take on MYFW Stock
According to Spark, TipRanks’ AI Analyst, MYFW is a Neutral.
First Western Financial shows strong potential due to significant revenue growth and effective cost management. However, liquidity issues and a mixed technical outlook present challenges. The company’s valuation appears fair, but the absence of a dividend yield and bearish technical signals are notable concerns. Optimism from the earnings call about profitability and strategic initiatives supports the overall score.
To see Spark’s full report on MYFW stock, click here.
More about First Western Financial
YTD Price Performance: 13.68%
Average Trading Volume: 30,623
Technical Sentiment Signal: Buy
Current Market Cap: $209.9M