First Western Financial's Q4 net income rises to $3.3 mln

Overview

• US financial services firm's Q4 net income rose to $3.3 mln from $3.2 mln in Q3

• Net interest income increased 5.6% qtr/qtr to $20.6 mln

• Company's net interest margin rose to 2.71% from 2.54% in Q3

Outlook

• Company expects solid loan growth and improved financial performance in 2026

• First Western sees healthy economic conditions driving loan demand

Result Drivers

• NET INTEREST MARGIN - Increase in net interest margin to 2.71% from 2.54% in Q3 2025 due to decreased cost of funds

• LOAN GROWTH - Total loans held for investment increased by $59 mln, or 2.3%

• NON-INTEREST INCOME DECLINE - Non-interest income decreased 10.3% due to lower net gains on mortgage loans and reduced risk management and insurance fees

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for First Western Financial Inc is $26.00, about 4.7% below its January 21 closing price of $27.27

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNX43GbB5

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