First Western Financial, Inc. reports developments for a financial services holding company built around First Western Trust, a private trust bank platform. News commonly covers quarterly operating results, net interest income, loan and deposit trends, asset quality, and balance sheet management, along with updates on wealth management, lending, trust administration, wealth planning, investment management, and residential mortgage services.
Company updates also include market-level leadership appointments and office activity across its Western U.S. footprint, including Colorado, Arizona, Wyoming, and Montana. First Western Trust serves high-net-worth individuals, families, business owners, and entrepreneurs through integrated banking, lending, fiduciary, and wealth management relationships.
First Western Financial (MYFW) reported third-quarter 2026 net income available to common shareholders of $6.0 million, improving sequentially and year over year. Diluted earnings were $0.60 per share, versus $0.57 in Q2 2026 and $0.32 a year earlier. Net interest income rose 5.5% sequentially to $23.0 million, while net interest margin widened to 2.95% from 2.90%.
Loans held for investment reached $2.81 billion, up 3.5% from June 30; deposits rose 2.5% to $2.92 billion. Non-interest income fell to $5.806 million from $6.385 million, while non-interest expense declined to $20.840 million from $21.217 million. Credit-loss provisions were $647,000, versus a $469,000 release in Q2. Non-performing assets declined to $13.3 million from $16.3 million. Federal Home Loan Bank borrowings increased to $150.9 million from $36.4 million. The bank remained classified as well capitalized.
First Western Financial (MYFW) will release its third-quarter 2026 financial results after markets close on October 22, 2026. The quarter ended September 30, 2026. Management will discuss the results on October 23, 2026, at 10:00 a.m. Mountain Time / 12:00 p.m. Eastern Time. Analysts and investors may participate in the question-and-answer session, and a live webcast and subsequent archive will be available on its investor relations website.
First Western Trust (MYFW) has appointed veteran Colorado banking leader Bill Sullivan as Executive Director of Strategic Planning, effective with the announcement on September 15, 2026.
In this new role, Sullivan will evaluate and implement strategic growth initiatives, expand relationships across First Western’s markets, support recruiting efforts and help strengthen awareness of the First Western Trust brand. He joins after more than a decade leading BOK Financial’s Colorado market as President and CEO, bringing nearly four decades of banking leadership and deep knowledge of the Colorado market. The company highlights his experience working with business owners and community leaders and his alignment with First Western’s integrated banking, lending and wealth management approach.
First Western Trust (NASDAQ: MYFW) announced three leadership promotions to support its growth across the Denver metro area. Brian Weldon, previously Market President of Cherry Creek, has been appointed Regional President. Bryce Parietti has been promoted to Market President of Cherry Creek, and Rob Miles has been promoted to Market President of Denver Tech Center.
According to the company, the appointments are intended to strengthen local leadership, enhance coordination across Denver and surrounding markets, and deepen relationships with wealth management clients throughout Colorado and the broader West.
First Western Trust (Nasdaq: MYFW) marked an upcoming milestone by ringing the Nasdaq Closing Bell in New York as it approaches its 25th anniversary in 2027. Founded by Scott Wylie in 2002, the Denver-based private bank and trust company emphasizes community-rooted, locally headquartered banking focused on Western wealth creators.
According to First Western Trust, the company has tripled its assets and doubled its locations since its IPO eight years ago and now has about 350 associates. It was named to the 2025 KBW Bank Honor Roll and ranked 198th in Piper Sandler’s 2025 PSC Top 200 Largest U.S. Publicly Held Banks.
First Western (NASDAQ: MYFW) reported Q2 2026 net income available to common shareholders of $5.7 million, or $0.57 per diluted share, versus $6.2 million ($0.63) in Q1 2026 and $2.5 million ($0.26) in Q2 2025. Net interest income rose 4.3% sequentially to $21.8 million, as net interest margin expanded 9 bps to 2.90% on lower funding costs and a more favorable earning-asset mix.
Total loans held for investment reached $2.72 billion (up 0.9% QoQ and 6.8% YoY), while total deposits were $2.85 billion (up 0.4% QoQ and 12.6% YoY), supported by growth in money market and noninterest-bearing accounts. Noninterest income declined 4.5% QoQ to $6.4 million, and noninterest expense increased 5.0% to $21.2 million, including a $0.4 million nonrecurring technology write-off. The efficiency ratio was 74.0%.
Credit metrics remained stable, with non-performing assets at 0.50% of total assets and a $0.5 million provision release. First Western and its bank subsidiary exceeded required regulatory capital levels, with the bank classified as well capitalized. Book value per share rose to $28.73 and tangible book value per share to $25.53 at June 30, 2026.
First Western Financial (NASDAQ: MYFW) will release its second quarter 2026 financial results after market close on Thursday, July 23, 2026.
Management will host a live conference call and webcast on Friday, July 24, 2026 at 10:00 a.m. MT / 12:00 p.m. ET for analysts and investors.
First Western Trust (NASDAQ: MYFW) appointed Alison Timboe as Senior Vice President, Trust Officer in its Jackson Hole, Wyoming office. Timboe has nearly two decades of experience in estate planning, fiduciary advisory, and trust administration for high-net-worth individuals and families.
She will strengthen trust services in Wyoming and support clients across First Western’s Western markets.
First Western (NASDAQ: MYFW) reported Q1 2026 net income available to common shareholders of $6.2 million ($0.63 diluted EPS), up from $3.3 million ($0.34) in Q4 2025. Net interest income was $20.9 million and net interest margin expanded to 2.81%.
Total deposits rose to $2.84 billion and loans held for investment were $2.69 billion. Non-performing assets declined to $16.3 million and the bank remains well capitalized.
First Western Financial (NASDAQ: MYFW) will report first quarter 2026 financial results after market close on Thursday, April 23, 2026.
Management will host a conference call on Friday, April 24, 2026 at 10:00 a.m. MT / 12:00 p.m. ET, with a live webcast and archived replay available on the company’s News & Events investor relations page. Telephone registration is required for dial-in access.