First Western Financial (MYFW) Posts Quarterly Earnings Results, Misses Estimates By $0.04 EPS

First Western Financial (NASDAQ:MYFW) issued its earnings results on Thursday. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.04), Fidelity Earnings reports. The firm had revenue of $14.43 million for the quarter.

Shares of NASDAQ:MYFW traded up $0.08 during midday trading on Friday, hitting $15.13. The stock had a trading volume of 2,249 shares, compared to its average volume of 17,478. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.07 and a current ratio of 1.12. First Western Financial has a fifty-two week low of $14.50 and a fifty-two week high of $20.95.

Separately, Keefe, Bruyette & Woods initiated coverage on shares of First Western Financial in a research report on Monday, August 13th. They issued an “outperform” rating and a $24.00 target price for the company.

About First Western Financial

First Western Financial, Inc, a financial holding company, through its subsidiaries, provides an integrated suite of wealth management services comprising private banking, personal trust, investment management, mortgage loans, and institutional asset management services. It operates through three segments: Wealth Management, Capital Management, and Mortgage.

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