Earnings ·
First Western Financial, Inc. reported financial results for the second quarter ended June 30, 2026
MYFWFirst Western Financial Inc
First Western Financial, Inc. reported financial results for the second quarter ended June 30, 2026. The company recorded net income available to common shareholders of $5.7 million, or $0.57 per diluted share, compared to $2.5 million, or $0.26 per diluted share, in the second quarter of 2025. Net interest income rose 4.3% sequentially to $21.8 million, and the net interest margin expanded 9 basis points to 2.90%. Total loans held for investment increased to $2.72 billion, while total deposits grew to $2.85 billion. The company recorded a provision release of $0.5 million during the quarter. Tangible book value per common share increased to $25.53. The company operates as a financial services holding company providing wealth management, deposit, loan, and trust services via a private trust bank platform.