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First Western Financial (First Western Financial) Net Margin % : -15.87% (As of Dec. 2023)


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What is First Western Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Western Financial's Net Income for the three months ended in Dec. 2023 was $-3.22 Mil. First Western Financial's Revenue for the three months ended in Dec. 2023 was $20.29 Mil. Therefore, First Western Financial's net margin for the quarter that ended in Dec. 2023 was -15.87%.

The historical rank and industry rank for First Western Financial's Net Margin % or its related term are showing as below:

MYFW' s Net Margin % Range Over the Past 10 Years
Min: 3.7   Med: 11.21   Max: 25.6
Current: 4.41


MYFW's Net Margin % is ranked worse than
91.15% of 1458 companies
in the Banks industry
Industry Median: 25.49 vs MYFW: 4.41

First Western Financial Net Margin % Historical Data

The historical data trend for First Western Financial's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Western Financial Net Margin % Chart

First Western Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 12.53 25.60 21.55 19.68 5.75

First Western Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.05 6.72 13.64 -15.87 10.77

Competitive Comparison of First Western Financial's Net Margin %

For the Banks - Regional subindustry, First Western Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Western Financial's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Western Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Western Financial's Net Margin % falls into.



First Western Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Western Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=5.225/90.929
=5.75 %

First Western Financial's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-3.219/20.288
=-15.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Western Financial  (NAS:MYFW) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Western Financial Net Margin % Related Terms

Thank you for viewing the detailed overview of First Western Financial's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Western Financial (First Western Financial) Business Description

Traded in Other Exchanges
N/A
Address
1900 16th Street, Suite 1200, Denver, CO, USA, 80202
First Western Financial Inc is a financial holding company that provides a fully integrated suite of wealth management services on its private trust bank platform, which includes a comprehensive selection of deposit, loan, trust, wealth planning, and investment management products and services. it has two operating segments; The Wealth Management segment consists of operations relative to the Company's fully integrated wealth management products and services. Services provided include deposit, loan, insurance, and trust and investment management advisory products and services, and The Mortgage segment consists of operations relative to the Company's residential mortgage service offerings. the bank derives its majority revenue from the wealth management segment.
Executives
Jesica J. Montgomery officer: Principal Accounting Officer 1900 SIXTEENTH STREET, SUITE 500, DENVER CO 80202
David R. Weber officer: Chief Financial Officer 1900 SIXTEENTH STREET, SUITE 500, DENVER CO 80202
Matthew C. Cassell officer: Chief Banking Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
James Allen Scott officer: Chief Client Exp. Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Scott C Mitchell director 1900 16TH STREET, SUITE 1200, DENVER CO 80202
David R Duncan director 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Scott C Wylie director, 10 percent owner, officer: Chairman, CEO and President 1900 16TH STREET, SUITE 1200, DENVER CO 80202
John Emery Sawyer officer: Chief Investment Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Julie A Courkamp officer: Chief Financial Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Joseph C. Zimlich director 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Eric D Sipf director 1601 DRY CREEK DRIVE, LONGMONT CO 80503
Mark L Smith director 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Scott J Lawley officer: Chief Credit Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Cammie A Redpath officer: Chief Human Capital Officer 1900 16TH STREET, SUITE 1200, DENVER CO 80202
Daniel C Thompson officer: Regional Pres., Ariz./Calif. 1900 16TH STREET, SUITE 1200, DENVER CO 80202