First Western Financial, Inc. (NASDAQ:MYFW ) Q4 2024 Earnings Conference Call January 24, 2025 12:00 PM ET Company Participants Tony Rossi - IR Scott Wylie - Chairman and CEO Julie Courkamp - COO David Weber - CFO Conference Call Participants Brett Rabatin - Hovde Woody Lay - KBW Matthew Clark - Piper Sandler Bill Dezellem - Tieton Capital Operator Hello, everyone, and welcome to First Western Financial Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions].
First Western (MYFW) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.03 per share a year ago.
Fourth Quarter 2024 Summary Net income available to common shareholders of $2.7 million in Q4 2024, compared to $2.1 million in Q3 2024 Diluted earnings per share of $0.28 in Q4 2024 , compared to $0.22 in Q3 2024 Net interest income of $16.9 million in Q4 2024 , compared to $15.6 million in Q3 2024 Net interest margin increased 13 basis points from 2.32% in Q3 2024 to 2.45% in Q4 2024 Total loans increased 2.1% from $2.40 billion in Q3 2024 to $2.45 billion in Q4 2024 Average deposits increased 4.0% from $2.40 billion in Q3 2024 to $2.50 billion in Q4 2024 DENVER, Jan. 23, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the fourth quarter ended December 31, 2024. Net income available to common shareholders was $2.7 million, or $0.28 per diluted share, for the fourth quarter of 2024.
DENVER, Jan. 07, 2025 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that it will release financial results for its fourth quarter ended December 31, 2024 after the markets close on Thursday, January 23, 2025.
First Western Financial, Inc. (NASDAQ:MYFW ) Q3 2024 Earnings Call Transcript October 25, 2024 12:00 PM ET Company Participants Tony Rossi - IR Scott Wylie - Chairman and CEO Julie Courkamp - COO David Weber - CFO Conference Call Participants Brett Rabatin - Hovde Group Woody Lay - KBW Matthew Clark - Piper Sandler Bill Dezellem - Tieton Capital Management Ross Haberman - RLH Investments Operator Good day and thank you for standing by. Welcome to the First Western Financial Q3 2024 Earnings Conference Call.
Third Quarter 2024 Summary Net income available to common shareholders of $2.1 million in Q3 2024, compared to $1.1 million in Q2 2024 Diluted earnings per share of $0.22 in Q3 2024, compared to $0.11 in Q2 2024 Total deposits increased 3.7% from $2.41 billion in Q2 2024 to $2.50 billion in Q3 2024 . Noninterest-bearing deposits increased 19% from $397 million in Q2 2024 to $474 million in Q3 2024 Loan-to-Deposit ratio decreased from 101.9% in Q2 2024 to 95.2% in Q3 2024 DENVER, Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the third quarter ended September 30, 2024.
DENVER, Oct. 04, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that it will release financial results for its third quarter ended September 30, 2024 after the markets close on Thursday, October 24, 2024.
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First Western (MYFW) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.25 per share a year ago.
First Western (MYFW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.