first western trust strives to be the best private bank and trust company for the western wealth management client, providing comprehensive tailored solutions and access to a local team of experts. with over $4 billion in affiliated assets under management or advice, first western offers a unique combination of institutional quality investment management and a variety of financial services including wealth planning, investment management, private banking, personal trust, philanthropic services, retirement consulting, insurance and mortgage services. built specifically for the new economies of the west, the firm has offices in arizona, california, colorado and wyoming.
Company profile
Ticker
MYFW
Exchange
Website
CEO
Scott Wylie
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
First Western Capital Management Company ...
MYFW stock data
Latest filings (excl ownership)
8-K
Financial Statements and Exhibits
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
8-K
First Western Reports First Quarter 2024 Financial Results
18 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K/A
Results of Operations and Financial Condition
7 Mar 24
8-K
Departure of Directors or Certain Officers
5 Mar 24
8-K
INVESTOR PRESENTATION February 2023
27 Feb 24
8-K
Departure of Directors or Certain Officers
21 Feb 24
8-K
First Western Reports Fourth Quarter 2023 Financial Results
25 Jan 24
Transcripts
MYFW
Earnings call transcript
2024 Q1
19 Apr 24
MYFW
Earnings call transcript
2023 Q4
26 Jan 24
MYFW
Earnings call transcript
2023 Q3
20 Oct 23
MYFW
Earnings call transcript
2023 Q2
28 Jul 23
MYFW
Earnings call transcript
2023 Q1
28 Apr 23
MYFW
Earnings call transcript
2022 Q4
27 Jan 23
MYFW
Earnings call transcript
2022 Q3
21 Oct 22
MYFW
Earnings call transcript
2022 Q2
30 Jul 22
MYFW
Earnings call transcript
2022 Q1
29 Apr 22
MYFW
Earnings call transcript
2021 Q4
28 Jan 22
Latest ownership filings
4
James Allen Scott
16 Feb 24
SC 13G/A
First Western Financial / First Western Financial ownership change
9 Feb 24
SC 13G/A
BANC FUNDS CO LLC
9 Feb 24
4
Scott C Wylie
2 Feb 24
SC 13G
BlackRock Inc.
29 Jan 24
4
Julie A Courkamp
4 Jan 24
4
David R. Weber
4 Jan 24
4
Scott J Lawley
4 Jan 24
4
Scott C Wylie
4 Jan 24
4
John Emery Sawyer
4 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 271.48 mm | 271.48 mm | 271.48 mm | 271.48 mm | 271.48 mm | 271.48 mm |
Cash burn (monthly) | 8.69 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 61.42 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 210.07 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 24.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
55.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 58 |
Opened positions | 3 |
Closed positions | 4 |
Increased positions | 18 |
Reduced positions | 16 |
13F shares | Current |
---|---|
Total value | 79.22 bn |
Total shares | 5.29 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Banc Funds | 758.39 k | $13.77 mm |
BLK Blackrock | 486.39 k | $8.83 bn |
North Reef Capital Management | 464.31 k | $8.43 bn |
FJ Capital Management | 369.26 k | $6.70 bn |
Vanguard | 357.00 k | $6.48 bn |
Alliancebernstein | 324.17 k | $5.88 bn |
Kennedy Capital Management | 311.58 k | $5.66 bn |
Wasatch Advisors | 288.86 k | $5.24 bn |
Punch & Associates Investment Management | 286.04 k | $5.19 bn |
Diamond Hill Capital Management | 178.15 k | $3.23 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Feb 24 | James Allen Scott | Common Stock | Grant | Acquire A | No | No | 0 | 5,752 | 0.00 | 5,752 |
2 Jan 24 | Wylie Scott C | Common Stock | Payment of exercise | Dispose F | No | No | 19.62 | 7,472 | 146.60 k | 789,888 |
2 Jan 24 | Wylie Scott C | Common Stock | Grant | Acquire A | No | No | 0 | 24,456 | 0.00 | 797,360 |
2 Jan 24 | Sawyer John Emery | Common Stock | Payment of exercise | Dispose F | No | No | 19.62 | 1,554 | 30.49 k | 25,924 |
2 Jan 24 | Sawyer John Emery | Common Stock | Grant | Acquire A | No | No | 0 | 4,564 | 0.00 | 27,478 |
2 Jan 24 | Lawley Scott J | Common Stock | Payment of exercise | Dispose F | No | No | 19.62 | 1,239 | 24.31 k | 12,339 |
2 Jan 24 | Lawley Scott J | Common Stock | Grant | Acquire A | No | No | 0 | 3,640 | 0.00 | 13,578 |
2 Jan 24 | David R. Weber | Common Stock | Payment of exercise | Dispose F | No | No | 19.62 | 206 | 4.04 k | 3,866 |
2 Jan 24 | David R. Weber | Common Stock | Grant | Acquire A | No | No | 0 | 607 | 0.00 | 4,072 |