First Western Financial, Inc., a financial holding company, provides wealth management, private banking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, insurance, and trust and investment management advisory products and services. The Mortgage segment engages in soliciting, originating, and selling mortgage loans into the secondary market. It serves entrepreneurs, professionals, high-net worth individuals or families, and philanthropic and business organizations. The company operates 18 profit centers, including 14 boutique private trust bank offices with 2 locations in Arizona, 9 locations in Colorado, and 3 location in Wyoming; 2 loan production offices with 1 location in Ft. Collins, Colorado, and 1 location in Greenwood Village, Colorado; and 2 trust offices with 1 location in Laramie, Wyoming, and 1 location in Century City, California. First Western Financial, Inc. was incorporated in 2002 and is headquartered in Denver, Colorado.
Revenue of First Western Financial, Inc. (MYFW)
Revenue in 2023 (TTM): $168.3 M
According to First Western Financial, Inc.'s latest financial reports the company's current revenue (TTM) is $168.3 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of First Western Financial, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $168.3 M | $168.3 M | $-250,000 | $7.06 M | $5.23 M |
| 2022 | $1.45 M | $1.45 M | $48.11 M | $28.83 M | $21.7 M |
| 2021 | $96.66 M | $96.66 M | $27.3 M | $27.28 M | $20.61 M |
| 2020 | $97.28 M | $97.28 M | $33.11 M | $33.06 M | $24.53 M |
| 2019 | $64.64 M | $64.64 M | $10.57 M | $10.19 M | $8.01 M |
| 2018 | $57.08 M | $57.08 M | $17.82 M | $7.42 M | $5.65 M |
| 2017 | $55.29 M | $55.29 M | $13.22 M | $5.01 M | $2.02 M |
| 2016 | $54.38 M | $54.38 M | $11.06 M | $3.57 M | $2.3 M |