First Western Financial, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $96.9M | $90.1M | $82.7M | $107.9M | $95.4M | $92.6M | $64.0M | $57.6M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $19.5M | $99.9M | $81.5M | $46.1M | $32.7M | $40.3M | $23.2M | $15.6M |
| Operating Margin | 20.1% | 110.9% | 98.6% | 42.7% | 34.3% | 43.5% | 36.2% | 27.1% |
| Interest Expense | $2.4M | $88.3M | $74.5M | $17.3M | $5.4M | $7.2M | $13.0M | $8.2M |
| Pretax Income | $17.1M | $11.6M | $7.1M | $28.8M | $27.3M | $33.1M | $10.2M | $7.4M |
| Income Tax Expense | $3.9M | $3.1M | $1.8M | $7.1M | $6.7M | $8.5M | $2.2M | $1.8M |
| Net Income | $13.2M | $8.5M | $5.2M | $21.7M | $20.6M | $24.5M | $8.0M | $5.6M |
| Net Margin | 13.6% | 9.4% | 6.3% | 20.1% | 21.6% | 26.5% | 12.5% | 9.8% |
| EPS (Basic) | $1.36 | $0.88 | $0.55 | $2.29 | $2.58 | $3.11 | $1.02 | $0.64 |
| EPS (Diluted) | $1.34 | $0.87 | $0.54 | $2.23 | $2.50 | $3.08 | $1.01 | $0.63 |
| Shares Outstanding (Basic) | 9.7M | 9.6M | 9.5M | 9.5M | 8.0M | 7.9M | 7.9M | 6.7M |
| Shares Outstanding (Diluted) | 9.8M | 9.8M | 9.7M | 9.7M | 8.2M | 8.0M | 7.9M | 6.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |