First Western Financial Inc (MYFW) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	194.3M	186.3M	177.8M	165.4M	127.5M
Cost of Revenue	82.5M	88.5M	90.3M	84.8M	21.0M
Gross Profit	111.8M	97.8M	87.5M	80.6M	106.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	63.2M	53.6M	49.2M	49.4M	52.6M
General & Admin Expense	61.9M	52.4M	47.9M	47.9M	50.7M
Selling & Marketing Expense	1.4M	1.2M	1.2M	1.5M	1.9M
Other Expenses	20.4M	26.2M	26.8M	24.1M	25.2M
Total Operating Expenses	83.6M	79.8M	75.9M	73.5M	77.7M
Cost and Expenses	166.2M	168.4M	166.2M	158.3M	98.7M
Operating Income (EBIT)	28.1M	18.0M	11.6M	7.1M	28.8M
Non-Operating
Interest Income	169.2M	159.3M	152.2M	144.9M	100.8M
Interest Expense	83.0M	84.4M	88.3M	74.5M	17.3M
Net Interest Income	86.2M	74.9M	63.9M	70.5M	83.5M
Other Non-Op Income/Expense	(917.0K)	(917.0K)	—	—	—
Non-Operating Income (excl Interest)	(21.0M)	—	—	—	—
EBT (Pre-Tax Income)	27.2M	17.1M	11.6M	7.1M	28.8M
Income Tax Expense	6.0M	3.9M	3.1M	1.8M	7.1M
Bottom Line
Net Income	21.2M	13.2M	8.5M	5.2M	21.7M
Earnings from Cont. Ops	21.2M	13.2M	8.5M	5.2M	21.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	21.2M	13.2M	8.5M	5.2M	21.7M
Per Share
Basic EPS	$2.18	$1.36	$0.88	$0.55	$2.29
Diluted EPS	$2.13	$1.34	$0.87	$0.54	$2.23
Revenue Per Share	$19.89	$19.30	$18.42	$17.33	$13.48
Shares
Basic Shares Outstanding	9.8M	9.7M	9.6M	9.5M	9.5M
Diluted Shares Outstanding	10.0M	10.0M	9.8M	9.7M	9.7M
Profitability Metrics
EBITDA	51.0M	20.6M	14.1M	9.4M	30.8M
D&A	1.9M	2.6M	2.6M	2.4M	2.0M
EBIT	49.1M	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 Sep 1, 2026