First Western Financial Overview
- Year Founded
-
2002
- Status
-
Public
- Employees
-
310
- Stock Symbol
-
MYFW
- Investments
-
6
- Share Price
-
$19.85
- (As of Wednesday Closing)
First Western Financial General Information
Description
First Western Financial Inc is a financial holding company that provides a fully integrated suite of wealth management services on its private trust bank platform, which includes a comprehensive selection of deposit, loan, trust, wealth planning, and investment management products and services. The company has two operating segments; The Wealth Management segment consists of operations relative to the Company's fully integrated wealth management products and services, and The Mortgage segment consists of operations relative to the Company's residential mortgage service offerings. The bank derives its majority revenue from the wealth management segment.
Contact Information
Website
www.myfw.comCorporate Office
- 1900 16th Street Mall
- Suite 1200
- Denver, CO 80202
- United States
Corporate Office
- 1900 16th Street Mall
- Suite 1200
- Denver, CO 80202
- United States
First Western Financial Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $19.85 | $19.66 | $12.84 - $21.15 | $190M | 9.7M | 24.8K | $0.73 |
First Western Financial Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| Revenue | 89,250 | 90,929 | 110,244 | 95,622 |
| Net Income | 3,490 | 5,225 | 21,698 | 20,610 |
| Total Assets | 2,937,555 | 2,975,462 | 2,866,748 | 2,527,489 |
| Total Debt | 2,654,848 | 2,707,090 | 2,604,247 | 2,283,363 |
First Western Financial Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
First Western Financial Comparisons
Industry
Financing
Details
First Western Financial Competitors (34)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| WSFS Financial | Corporation | Wilmington, DE | ||||
| Regions Financial | Corporation | Birmingham, AL | ||||
| 1st Source Bank | Corporation | South Bend, IN | ||||
| Cadence Bank | Corporation | Tupelo, MS | ||||
| First National Bank (National Banks) | Corporation | Pittsburgh, PA |
First Western Financial Executive Team (37)
| Name | Title | Board Seat |
|---|---|---|
| Scott Wylie | Founder, Chief Executive Officer, Chairman & President & Board Member | |
| Timothy Morphy | President and Director of Wealth Management | |
| Matt Gorr | Northern Colorado Regional President and Market Chairman | |
| Suzanne Johnson | Denver Metro Regional President | |
| David Weber | Chief Financial Officer, Finance & Treasurer, Finance |
First Western Financial Board Members (19)
| Name | Representing | Role | Since |
|---|---|---|---|
| David Duncan | Self | Board Member & Member of Compensation Committee | |
| David Duncan | Self | Board Member & Member of the Compensation Committee | |
| Don Silversmith | First Western Financial | Chairman of First Western Trust | |
| James Sprout | Self | Chairman, Northern Colorado | |
| Joseph Zimlich | Self | Board Member & Chairperson Nominating and Governance Committee |
First Western Financial Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
First Western Financial Investments & Acquisitions (6)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Rocky Mountain Bank | 31-Dec-2021 | Regional Banks | |||
| Simmons Bank (3 Branches and Loan Production Office) | 18-May-2020 | Buildings and Property | |||
| Simmons Bank (three branches and one loan production office located in Denver, Colorado | 18-May-2020 | Buildings and Property | |||
| Englewood Mortgage | 15-Sep-2017 | Thrifts and Mortgage Finance | |||
| Ryder Stilwell | 31-Oct-2008 | Merger/Acquisition | Consulting Services (B2B) |
First Western Financial Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| First Western Capital Management | Hedge Fund | Los Angeles, CA | 2010 |
| First Western Bank & Trust | Commercial Bank | Minot, ND |
First Western Financial ESG
Risk Overview
Risk Rating
Updated April, 10, 2024
39.34 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Diversified Financials
Industry
of 906
Rank
Percentile
Asset Management and Custody Services
Subindustry
of 419
Rank
Percentile
First Western Financial FAQs
-
When was First Western Financial founded?
First Western Financial was founded in 2002.
-
Who is the founder of First Western Financial?
Warren Olsen JD is the founder of First Western Financial.
-
Who is the CEO of First Western Financial?
Scott Wylie is the CEO of First Western Financial.
-
Where is First Western Financial headquartered?
First Western Financial is headquartered in Denver, CO.
-
What is the size of First Western Financial?
First Western Financial has 310 total employees.
-
What industry is First Western Financial in?
First Western Financial’s primary industry is Other Commercial Banks.
-
Is First Western Financial a private or public company?
First Western Financial is a Public company.
-
What is First Western Financial’s stock symbol?
The ticker symbol for First Western Financial is MYFW.
-
What is the current stock price of First Western Financial?
As of 09-Oct-2024 the stock price of First Western Financial is $19.85.
-
What is the current market cap of First Western Financial?
The current market capitalization of First Western Financial is $190M.
-
What is First Western Financial’s current revenue?
The trailing twelve month revenue for First Western Financial is $89.2M.
-
Who are First Western Financial’s competitors?
WSFS Financial, Regions Financial, 1st Source Bank, Cadence Bank, and First National Bank (National Banks) are some of the 34 competitors of First Western Financial.
-
What is First Western Financial’s annual earnings per share (EPS)?
First Western Financial’s EPS for 12 months was $0.73.
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