The earnings call highlighted strong financial performance with significant growth in net income, loans, and deposits, alongside positive revenue trends and improved operating leverage. However, challenges such as a decline in assets under management and a decrease in net interest margin were noted. The overall sentiment is positive due to the outweighing highlights.
Company Guidance
During First Western Financial's Third Quarter 2025 Earnings Call, the management team outlined several key metrics reflecting their financial performance and strategic focus. The company reported a net income of $3.2 million, or $0.32 per diluted share, marking a 45% increase from the same quarter last year. The tangible book value per share also rose by 1.2%. Loan production was robust, with new loans totaling $146 million, primarily in residential and commercial real estate, while total deposits grew by $320 million from the previous quarter. The net interest income surged by 8.9% sequentially and 25% year-over-year, though the net interest margin (NIM) decreased by 13 basis points to 2.54% due to higher-cost deposits. Noninterest income rose by over $500,000, driven by gains across all major fee categories. Although there was a $64 million decrease in assets under management, trust and investment management fees increased by $100,000. The company maintained stable asset quality with a slight increase in nonperforming loans, while the allowance coverage grew to 81 basis points. Looking ahead, management anticipates positive trends in net interest margin, fee income, and operating leverage, expecting continued solid balance sheet growth due to healthy economic conditions and ongoing market disruption.
Strong Net Income Growth
Net income increased to $3.2 million or $0.32 per diluted share in Q3, marking a 45% increase from the same quarter last year.
Significant Loan and Deposit Growth
Loans held for investment increased by $50 million and total deposits increased by $320 million from the previous quarter.
Positive Revenue and Profitability Trends
Gross revenue increased 8.7% quarter-over-quarter and 15.5% year-over-year. Net interest income rose for the fourth consecutive quarter by 8.9% from the prior quarter.
Operating Leverage Improvements
Efficiency ratio is trending down due to operating leverage improvements, and pre-provision net revenues were up almost 35% quarter-over-quarter annualized.
First Western Financial (MYFW) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MYFW Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 23, 2025
$22.68
$22.30
-1.68%
Jul 25, 2025
$23.40
$22.99
-1.75%
Apr 24, 2025
$18.85
$20.34
+7.90%
Jan 23, 2025
$18.13
$20.05
+10.59%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does First Western Financial Inc (MYFW) report earnings?
First Western Financial Inc (MYFW) is schdueled to report earning on Jan 22, 2026, After Close (Confirmed).
What is First Western Financial Inc (MYFW) earnings time?
First Western Financial Inc (MYFW) earnings time is at Jan 22, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.