First Western Financial IncMYFWEarnings & Financial Report
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.
Revenue
$22.8M
Gross Profit
N/A
Operating Profit
$1.4M
Net Profit
$1.1M
Gross Margin
N/A
Operating Margin
6.2%
Net Margin
4.7%
YoY Growth
1.6%
EPS
$0.11
First Western Financial Inc Q2 FY2024 Financial Summary
First Western Financial Inc reported revenue of $22.8M (up 1.6% YoY) for Q2 FY2024, with a net profit of $1.1M (down 28.6% YoY) (4.7% margin).
Key Financial Metrics
| Total Revenue | $22.8M |
|---|---|
| Net Profit | $1.1M |
| Gross Margin | N/A |
| Operating Margin | 6.2% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
First Western Financial Inc Q2 FY2024 revenue of $22.8M breaks down across 3 segments, led by Wealth Management at $18.2M (80.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Wealth Management | $18.2M | 80.2% |
| Other | $2.3M | 10.3% |
| Mortgage | $2.2M | 9.6% |
First Western Financial Inc Revenue by Segment — Quarterly Trend
First Western Financial Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Wealth Management and Other) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Wealth Management | — | $24.3M | $22.3M | $20.9M |
| Other | — | $915.0K | $2.3M | $1.8M |
| Mortgage | — | $1.4M | $1.8M | $1.5M |
First Western Financial Inc Annual Revenue by Year
First Western Financial Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $101.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $101.9M |
| 2024 | $93.0M |
| 2023 | $82.7M |
| 2022 | $107.9M |
First Western Financial Inc Quarterly Revenue & Net Profit History
First Western Financial Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $27.5M | — | N/A | N/A |
| Q4 FY2025 | $26.7M | +9.5% | $3.3M | 12.9% |
| Q3 FY2025 | $26.3M | +16.7% | $3.2M | 12.1% |
| Q2 FY2025 | $24.2M | +6.3% | $2.5M | 10.3% |
| Q1 FY2025 | $24.8M | +6.2% | $4.2M | 16.9% |
| Q4 FY2024 | $24.3M | +8.6% | $2.7M | 11.3% |
| Q3 FY2024 | $22.5M | -1.4% | $2.1M | 9.5% |
| Q2 FY2024 | $22.8M | +1.6% | $1.1M | 4.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.8M | $22.5M | $24.3M | $24.8M | $24.2M | $26.3M | $26.7M | $27.5M |
| YoY Growth | 1.6% | -1.4% | 8.6% | 6.2% | 6.3% | 16.7% | 9.5% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.94B | $2.91B | $2.92B | $2.91B | $3.03B | $3.24B | $3.15B | $3.24B |
| Liabilities | $2.69B | $2.66B | $2.67B | $2.65B | $2.77B | $2.98B | $2.89B | $2.97B |
| Equity | $246.9M | $248.8M | $252.3M | $256.6M | $258.8M | $261.5M | $265.6M | $273.4M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-11.5M | $18.8M | $606000 | $8.0M | $-9.1M | $10.0M | $-1.8M |