First Western Financial, Inc. (MYFW) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	194.2M	186.3M	177.8M	165.4M	127.5M
Cost of Revenue	86.4M	88.5M	90.3M	84.8M	21.0M
Gross Profit	107.8M	97.8M	87.5M	80.6M	106.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	59.1M	53.6M	49.2M	49.4M	52.6M
General & Admin Expense	57.8M	52.4M	47.9M	47.9M	50.7M
Selling & Marketing Expense	1.3M	1.2M	1.2M	1.5M	1.9M
Other Expenses	23.8M	26.2M	26.8M	24.1M	25.2M
Total Operating Expenses	82.9M	79.8M	75.9M	73.5M	77.7M
Cost and Expenses	169.4M	168.4M	166.2M	158.3M	98.7M
Operating Income (EBIT)	24.8M	18.0M	11.6M	7.1M	28.8M
Non-Operating
Interest Income	167.9M	159.3M	152.2M	144.9M	100.8M
Interest Expense	85.4M	84.4M	88.3M	74.5M	17.3M
Net Interest Income	82.5M	74.9M	63.9M	70.5M	83.5M
Other Non-Op Income/Expense	(917.0K)	(917.0K)	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	23.9M	17.1M	11.6M	7.1M	28.8M
Income Tax Expense	5.5M	3.9M	3.1M	1.8M	7.1M
Bottom Line
Net Income	18.4M	13.2M	8.5M	5.2M	21.7M
Earnings from Cont. Ops	18.4M	13.2M	8.5M	5.2M	21.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	18.4M	13.2M	8.5M	5.2M	21.7M
Per Share
Basic EPS	$1.90	$1.36	$0.88	$0.55	$2.29
Diluted EPS	$1.85	$1.34	$0.87	$0.54	$2.23
Revenue Per Share	$20.11	$19.30	$18.42	$17.33	$13.48
Shares
Basic Shares Outstanding	9.7M	9.7M	9.6M	9.5M	9.5M
Diluted Shares Outstanding	10.0M	10.0M	9.8M	9.7M	9.7M
Profitability Metrics
EBITDA	26.8M	20.1M	14.1M	9.4M	30.8M
D&A	2.0M	2.1M	2.6M	2.4M	2.0M
EBIT	24.8M	18.0M	11.6M	7.1M	28.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026