First Western Financial Inc

First Western Financial Inc. reported net income of $5.7 million, or $0.57 per diluted share, for the second quarter of 2026. This represents a decrease from $6.2 million in Q1 2026 but a significant increase from $2.5 million in Q2 2025. The company saw a 4.3% increase in net interest income and a 9 basis point expansion in net interest margin quarter-over-quarter. Total loans and deposits also experienced modest growth, while asset quality remained stable.

First Western Financial reported Q2 2026 net income available to common shareholders of $5.7 million, or $0.57 per diluted share, marking a 119% increase in diluted EPS compared to Q2 2025. Net interest income grew 4.3% quarter-over-quarter to $21.8 million, and net interest margin expanded by 9 basis points to 2.90%. The company also saw a 0.4% increase in total deposits to $2.85 billion and a 0.9% rise in total loans held for investment to $2.72 billion. An investor call and webcast are scheduled for July 24, 2026, to discuss these results.

First Western Financial, Inc. announced it will release its second quarter financial results for the period ended June 30, 2026, after market close on Thursday, July 23, 2026. Following the release, management will host a conference call on Friday, July 24, 2026, at 10:00 a.m. Mountain Time to discuss the results. The call will include a question-and-answer session for analysts and investors, with webcast and telephone access details available on the company's investor relations website.

First Western Financial Inc. held its Annual Meeting on June 3, 2026. Shareholders elected eleven directors to the Board to serve until the 2027 annual meeting. Additionally, Crowe LLP was ratified as the independent registered public accounting firm for the year ending December 31, 2026. Shareholders also approved an advisory, non-binding vote regarding the compensation paid to the company's named executive officers.

First Western Financial, Inc. (MYFW) is providing presentation materials for its upcoming annual meeting of shareholders on June 3, 2026. The presentation reviews 2025 performance, highlighting achievements in loan and deposit growth, margin expansion, and asset quality improvement. It also outlines the company's strategic initiatives for future growth, including market expansion, acquisitions, and enhancing its banking and wealth management platforms. The company emphasizes its strong franchise fundamentals and operational momentum, positioning it for continued shareholder value creation.

First Western Trust, a subsidiary of First Western Financial, Inc., announced the appointment of Alison Timboe as Senior Vice President, Trust Officer in its Jackson Hole, Wyoming office. Timboe brings nearly two decades of experience in estate planning, fiduciary advisory, and trust administration, having previously served at Wells Fargo Private Bank. Her role will focus on strengthening the firm's trust services in Wyoming and supporting clients across its Western markets, leveraging Wyoming's important trust jurisdiction.

First Western Financial Inc.'s Board of Directors authorized a new common stock repurchase plan on April 22, 2026, allowing for the repurchase of up to $5,000,000 of its common stock. The Federal Reserve System has advised that it has no objection to the plan. The Repurchase Plan will be effective for one year, commencing June 12, 2026, and allows for repurchases through various methods, including open market and privately negotiated transactions.

First Western Financial, Inc. reported strong first quarter 2026 results, with diluted earnings per share increasing 85% quarter-over-quarter to $0.63 and net income available to common shareholders rising to $6.2 million. The company achieved a net interest margin of 2.81%, a 10 basis point increase from the prior quarter, driven by improved cost of funds. Total loans held for investment grew by $41 million, and total deposits increased by $95 million, reflecting successful execution on growth strategies in attractive markets. Tangible book value per share also increased to $24.87.

First Western Financial Inc. reported a significant increase in net income and earnings per share for the first quarter of 2026. Net income available to common shareholders rose by 48.3% to $6.21 million, with basic EPS increasing to $0.64. The company also saw strong growth in net interest income, which climbed by 19.7% to $20.88 million, and experienced a release of provision for credit losses. Total assets grew to $3.24 billion, and deposits increased to $2.84 billion.

First Western Financial Inc. (MYFW) announced its 2026 Annual Meeting of Shareholders will be held on June 3, 2026, at 4:00 pm Mountain Time at its corporate offices. Shareholders will vote on the election of eleven directors, the ratification of Crowe LLP as the independent registered public accounting firm for 2026, and an advisory "Say on Pay" vote regarding executive compensation. The meeting will also include a review of 2025 operating results and plans for the year ahead, with proxy materials available online.