First Western Financial, Inc. (MYFW) — Financial statements
Income statement, balance sheet, and cash flow for First Western Financial, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 186↑4.8% | 178↑7.5% | 165↑29.7% | 128↑26.2% | 101 | |
| Cost of Revenue | 89↓1.9% | 90↑6.4% | 85↑304.8% | 21↑215.3% | 7 | |
| Gross Profit | 98↑11.8% | 88↑8.6% | 81↓24.4% | 107↑12.9% | 94 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 52↑9.3% | 48↑0.1% | 48↓5.5% | 51↑19.2% | 43 | |
| Selling & Marketing Expenses | 1↑1.0% | 1↓21.6% | 2↓18.4% | 2↑17.0% | 2 | |
| SG&A Expenses | 54↑9.1% | 49↓0.6% | 49↓6.0% | 53↑19.1% | 44 | |
| Other Expenses | 26↓2.3% | 27↑11.2% | 24↓4.3% | 25↑9.5% | 23 | |
| Operating Expenses | 80↑5.1% | 76↑3.3% | 74↓5.4% | 78↑15.8% | 67 | |
| Total Costs & Expenses | 168↑1.3% | 166↑5.0% | 158↑60.4% | 99↑33.8% | 74 | |
| Operating Results | ||||||
| Operating Income | 18↑55.4% | 12↑64.0% | 7↓75.5% | 29↑5.7% | 27 | |
| Depreciation & Amortization | 2↓19.6% | 3↑7.9% | 2↑18.1% | 2↑60.2% | 1 | |
| EBITDA | 20↑41.8% | 14↑49.9% | 9↓69.4% | 31↑8.1% | 29 | |
| EBIT | 18↑55.4% | 12↑64.0% | 7↓75.5% | 29↑5.7% | 27 | |
| Interest & Other Income | ||||||
| Net Interest Income | 75↑17.3% | 64↓9.4% | 70↓15.6% | 84↑47.8% | 57 | |
| Interest Income | 159↑4.7% | 152↑5.0% | 145↑43.8% | 101↑62.8% | 62 | |
| Interest Expense | 84↓4.4% | 88↑18.6% | 74↑331.1% | 17↑218.9% | 5 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -0.92 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 17↑47.5% | 12↑64.0% | 7↓75.5% | 29↑5.7% | 27 | |
| Income Tax Expense | 4↑25.1% | 3↑69.2% | 2↓74.2% | 7↑6.9% | 7 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 13↑55.6% | 8↑62.2% | 5↓75.9% | 22↑5.3% | 21 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 13↑55.6% | 8↑62.2% | 5↓75.9% | 22↑5.3% | 21 | |
| Bottom-Line Net Income | 13↑55.6% | 8↑62.2% | 5↓75.9% | 22↑5.3% | 21 | |
| EPS (Basic) | 1.36↑54.5% | 0.88↑60.0% | 0.55↓76.0% | 2.29↓11.2% | 2.58 | |
| EPS (Diluted) | 1.34↑54.0% | 0.87↑61.1% | 0.54↓75.8% | 2.23↓10.8% | 2.50 | |
| Weighted Average Shares | 10↑0.1% | 10↑1.1% | 10↑0.8% | 9↑18.6% | 8 | |
| Weighted Average Diluted Shares | 10↑1.9% | 10↑0.5% | 10↑0.1% | 10↑18.0% | 8 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.