First Western Financial Posts Q2 Miss
First Western Financial (NASDAQ:MYFW), a regional wealth management-oriented banking firm, reported second-quarter earnings on July 24, 2025. Diluted earnings per share (GAAP) were $0.26, falling short of the $0.36 consensus estimate by $0.10. Non-GAAP revenue totaled $24.16 million, also missing the $25.28 million analyst forecast by $1.12 million. While loan and deposit balances strengthened and net interest margin improved to 2.67%, the company faced ongoing challenges in growing fee-based income and headline profitability. Overall, operational trends were mixed as progress in balance sheet growth and efficiency was offset by weaker non-GAAP revenue and GAAP earnings than forecasted.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
First Western Financial builds its business around a mix of traditional banking and wealth management services. It operates a network of branches in the Western United States, targeting high-net-worth clients with a suite of deposit, lending, trust, and investment management products. This integrated approach is designed to create deeper client relationships and deliver more stable revenue streams by balancing interest income with advisory and fee-based services.
Source Fool.com
