Preview Of First Western Financial, Inc. (MYFW) 2Q20 Earnings

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First Western Financial, Inc. (NASDAQ:MYFW) is expected to report second quarter earnings results, after market close, on Thursday 23rd July 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.23 per share from revenue of $ 19.20 million.

Looking ahead, the full year income are expected at $ 1.08 per share on the revenues of $ 77.08 million.

Previous Quarter Performance

First Western Financial, Inc. outlined income for the first quarter of $ 0.22 per share, from the revenue of $ 16.70 million. The quarterly earnings expanded 4.76 percent while revenues grew 15.33 percent compared with the same quarter last year.
Wall street analysts are predicting, MYFW to report 1Q20 income of $ 0.23 per share from revenue of $ 16.58 million. The bottom line results missed street analysts by $ 0.01 or 4.35 percent, at the same time, top line results outshined analysts by $ 0.12 million or 0.72 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of First Western Financial, Inc.

Stock Performance

According to the previous trading day, closing price of MYFW was $ 14.14, representing a 31.53 % increase from the 52 week low of $ 10.75 and a 25.5 % decrease over the 52 week high of $ 18.98.

The company has a market capital of $ 111.95 million and is part of the Financial Services sector and Banks – Regional – US industry.

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First Western Financial, Inc., a financial holding company, through its subsidiaries, provides private banking, personal trust, investment management, mortgage loans, and institutional asset management services. It operates through three segments: Wealth Management, Capital Management, and Mortgage. The Wealth Management segment provides deposit, loan, insurance, and trust and investment management advisory products and services.