MYFW
Income statement / Annual
Last year (2024), First Western Financial, Inc.'s total revenue was $177.77 M,
an increase of 7.49% from the previous year.
In 2024, First Western Financial, Inc.'s net income was $8.47 M.
See First Western Financial, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$177.77 M |
$165.38 M |
$127.51 M |
$101.04 M |
$103.06 M |
$76.90 M |
$65.25 M |
$60.41 M |
$59.44 M |
| Cost of Revenue |
$90.26 M
|
$84.81 M
|
$20.95 M
|
$6.65 M
|
$11.91 M
|
$13.65 M
|
$8.35 M
|
$6.55 M
|
$6.05 M
|
| Gross Profit |
$87.51 M
|
$80.57 M
|
$106.56 M
|
$94.39 M
|
$91.15 M
|
$63.25 M
|
$57.08 M
|
$53.86 M
|
$53.39 M
|
| Gross Profit Ratio |
0.49
|
0.49
|
0.84
|
0.93
|
0.88
|
0.82
|
0.87
|
0.89
|
0.9
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$47.94 M
|
$47.89 M
|
$50.69 M
|
$42.52 M
|
$36.30 M
|
$36.57 M
|
$33.91 M
|
$32.73 M
|
$31.32 M
|
| Selling & Marketing Expenses |
$1.21 M
|
$1.54 M
|
$1.89 M
|
$1.61 M
|
$1.48 M
|
$1.29 M
|
$1.25 M
|
$1.49 M
|
$2.18 M
|
| Selling, General & Administrative Expenses |
$49.15 M
|
$49.43 M
|
$52.58 M
|
$44.13 M
|
$37.78 M
|
$37.86 M
|
$35.17 M
|
$34.23 M
|
$33.49 M
|
| Other Expenses |
$26.78 M
|
$24.09 M
|
$25.16 M
|
$22.98 M
|
$20.30 M
|
$15.20 M
|
$14.31 M
|
$14.62 M
|
$16.33 M
|
| Operating Expenses |
$75.93 M
|
$73.51 M
|
$77.73 M
|
$67.11 M
|
$58.08 M
|
$53.06 M
|
$49.48 M
|
$48.85 M
|
$49.82 M
|
| Cost And Expenses |
$166.19 M
|
$158.32 M
|
$98.69 M
|
$73.76 M
|
$70.00 M
|
$66.71 M
|
$57.83 M
|
$55.40 M
|
$55.87 M
|
| Interest Income |
$152.19 M
|
$144.94 M
|
$100.09 M
|
$61.93 M
|
$53.33 M
|
$45.05 M
|
$38.80 M
|
$33.34 M
|
$29.52 M
|
| Interest Expense |
$88.33 M
|
$74.45 M
|
$17.27 M
|
$5.42 M
|
$7.23 M
|
$12.99 M
|
$8.17 M
|
$5.76 M
|
$5.06 M
|
| Depreciation & Amortization |
$2.57 M
|
$2.38 M
|
$2.01 M
|
$1.26 M
|
$1.11 M
|
$1.67 M
|
$2.23 M
|
$2.45 M
|
$2.45 M
|
| EBITDA |
$14.14 M |
$9.44 M |
$30.84 M |
$28.54 M |
$34.18 M |
$11.86 M |
$9.64 M |
$7.45 M |
$5.99 M |
| EBITDA Ratio |
0.08
|
0.06
|
0.24
|
0.28
|
0.33
|
0.15
|
0.15
|
0.12
|
0.1
|
| Operating Income Ratio |
0.07
|
0.04
|
0.23
|
0.27
|
0.32
|
0.13
|
0.11
|
0.08
|
0.06
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$11.58 M
|
$7.06 M
|
$28.83 M
|
$27.28 M
|
$33.06 M
|
$10.19 M
|
$7.42 M
|
$5.01 M
|
$3.57 M
|
| Income Before Tax Ratio |
0.07
|
0.04
|
0.23
|
0.27
|
0.32
|
0.13
|
0.11
|
0.08
|
0.06
|
| Income Tax Expense |
$3.11 M
|
$1.84 M
|
$7.13 M
|
$6.67 M
|
$8.53 M
|
$2.18 M
|
$1.78 M
|
$2.98 M
|
$1.27 M
|
| Net Income |
$8.47 M
|
$5.23 M
|
$21.70 M
|
$20.61 M
|
$24.53 M
|
$8.01 M
|
$5.65 M
|
$2.02 M
|
$2.30 M
|
| Net Income Ratio |
0.05
|
0.03
|
0.17
|
0.2
|
0.24
|
0.1
|
0.09
|
0.03
|
0.04
|
| EPS |
0.88 |
0.91 |
2.29 |
2.58 |
3.11 |
1.02 |
0.64 |
-0.0472 |
-0.0947 |
| EPS Diluted |
0.87 |
0.9 |
2.23 |
2.5 |
3.08 |
1.01 |
0.63 |
-0.0472 |
-0.0947 |
| Weighted Average Shares Out |
$9.65 M
|
$9.54 M
|
$9.46 M
|
$7.98 M
|
$7.90 M
|
$7.89 M
|
$6.71 M
|
$7.76 M
|
$7.76 M
|
| Weighted Average Shares Out Diluted |
$9.77 M
|
$9.73 M
|
$9.71 M
|
$8.24 M
|
$7.96 M
|
$7.91 M
|
$6.75 M
|
$7.54 M
|
$7.54 M
|
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