The firm maintains a conservative capital structure with an equity-to-assets ratio of 0.08, though its heavy reliance on a $2.8 billion investment securities portfolio relative to $3.2 billion in total assets warrants caution.
| Cash & Short Term Investments | 1.14B | 245.89M | 236.04M | 254.44M | 196.51M | 441.7M | 192.66M | 137.54M | 117.05M | 63.15M | 160.34M |
| Cash & Due from Banks | 264.05M | 200.28M | 236.04M | 254.44M | 196.51M | 385.49M | 155.99M | 78.64M | 73.36M | 9.5M | 62.69M |
| Short Term Investments | 41.94M | 45.61M | 0 | 0 | 0 | 55.56M | 36.67M | 58.9M | 43.7M | 53.65M | 97.66M |
| Total Investments | 2.84B | 2.82B | 2.51B | 2.6B | 2.55B | 2.02B | 1.72B | 1.1B | 947.53M | 884.55M | 773.81M |
| Investments Growth % | 41.74% | 12.01% | -3.12% | 1.74% | 26.03% | 17.6% | 56.28% | 16.25% | 7.12% | 14.31% | - |
| Long-Term Investments | 10.97B | 2.77B | 2.51B | 2.6B | 2.55B | 1.97B | 1.68B | 1.04B | 903.84M | 830.9M | 676.16M |
| Accounts Receivables | 17.04M | 15.79M | 15.13M | 16.52M | 15.32M | 12.42M | 11.48M | 8.29M | 7.34M | 8.01M | 7.61M |
| Goodwill & Intangibles | 31.37M | 31.42M | 31.63M | 31.85M | 32.1M | 31.9M | 24.26M | 19.71M | 25.21M | 26.04M | 26.26M |
| Goodwill | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M | 30.59M | 24.19M | 19.69M | 24.81M | 24.81M | 24.81M |
| Intangible Assets | 973K | 1.02M | 1.23M | 1.45M | 1.7M | 1.31M | 67K | 28K | 402K | 1.23M | 1.45M |
| PP&E (Net) | 25.7M | 25.69M | 24.13M | 25.26M | 25.12M | 23.98M | 5.32M | 5.22M | 6.1M | 6.78M | 8M |
| Other Assets | 58.34M | 61.3M | 88.8M | 41.02M | 37.61M | 40.62M | 47.77M | 32.29M | 19.09M | 16.67M | 18.24M |
| Total Current Assets | 323.03M | 261.68M | 256.88M | 275.43M | 213.8M | 456.07M | 205.56M | 146.83M | 125.78M | 83.28M | 178.34M |
| Total Non-Current Assets | 2.92B | 2.89B | 2.66B | 2.7B | 2.65B | 2.07B | 1.77B | 1.1B | 958.54M | 886.38M | 737.66M |
| Total Assets | 3.24B | 3.15B | 2.92B | 2.98B | 2.87B | 2.53B | 1.97B | 1.25B | 1.08B | 969.66M | 916M |
| Asset Growth % | 33.91% | 8.08% | -1.9% | 3.79% | 13.42% | 28.06% | 57.68% | 15.43% | 11.83% | 5.86% | - |
| Return on Assets (ROA) | 0.48% | 0.43% | 0.29% | 0.18% | 0.8% | 0.92% | 1.52% | 0.69% | 0.55% | 0.21% | 0.25% |
| Accounts Payable | 1.59M | 1.29M | 2M | 3.79M | 1.13M | 355K | 453K | 299K | 231K | 197K | 160K |
| Total Debt | 94.82M | 107.61M | 109.6M | 178.05M | 199.02M | 77.66M | 173.85M | 16.56M | 21.56M | 42M | 57.63M |
| Net Debt | -169.24M | -92.67M | -126.44M | -76.39M | 2.51M | -307.83M | 17.86M | -62.08M | -51.8M | 32.5M | -5.05M |
| Long-Term Debt | 94.82M | 107.61M | 109.6M | 178.05M | 199.02M | 77.66M | 173.85M | 16.56M | 21.56M | 42M | 57.63M |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 29.33M | 33.94M | 40.91M | 21.84M | 20.51M | 24.73M | 24.48M | 20.36M | 7.9M | 9.5M | 8.38M |
| Total Current Liabilities | 2.84B | 2.75B | 2.52B | 2.53B | 2.41B | 2.21B | 1.62B | 1.09B | 937.99M | 816.31M | 754.06M |
| Total Non-Current Liabilities | 124.14M | 141.55M | 150.51M | 199.89M | 219.53M | 102.39M | 198.33M | 36.92M | 29.46M | 51.5M | 66.01M |
| Total Liabilities | 2.97B | 2.89B | 2.67B | 2.73B | 2.63B | 2.31B | 1.82B | 1.12B | 967.45M | 867.81M | 820.07M |
| Total Equity | 273.37M | 265.56M | 252.32M | 242.74M | 240.86M | 219.04M | 154.96M | 127.68M | 116.88M | 101.85M | 95.93M |
| Equity Growth % | 21.74% | 5.25% | 3.95% | 0.78% | 9.96% | 41.35% | 21.37% | 9.24% | 14.76% | 6.17% | - |
| Equity / Assets (Capital Ratio) | 8.44% | 8.42% | 8.64% | 8.16% | 8.4% | 8.67% | 7.85% | 10.2% | 10.78% | 10.5% | 10.47% |
| Return on Equity (ROE) | 5.74% | 5.09% | 3.42% | 2.16% | 9.44% | 11.02% | 17.36% | 6.55% | 5.16% | 2.05% | 2.4% |
| Book Value per Share | 27.46 | 26.67 | 25.83 | 24.96 | 24.80 | 26.60 | 19.46 | 16.13 | 17.30 | 13.50 | 12.72 |
| Tangible BV per Share | 24.31 | 23.52 | 22.59 | 21.68 | 21.49 | 22.72 | 16.42 | 13.64 | 13.57 | 10.05 | 9.24 |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Additional Paid-in Capital | 194.69M | 194.17M | 193.59M | 192.89M | 190.49M | 188.63M | 144.7M | 142.8M | 141.36M | 130.07M | 123.75M |
| Retained Earnings | 78.91M | 72.7M | 59.52M | 51.04M | 51.89M | 30.19M | 9.58M | -14.96M | -23.2M | -27.3M | -27.03M |
| Accumulated OCI | -238K | -1.31M | -778K | -1.2M | -1.52M | 223K | 680K | -164K | -1.28M | -928K | -799K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Concentrated asset portfolio sensitivity
According to quarterly financial data, total assets have remained essentially flat at $3.2 billion since 2025Q3, suggesting that the firm's boutique expansion strategy is currently failing to drive meaningful balance sheet growth in the face of a challenging interest rate environment and mortgage market headwinds.
The lack of asset expansion over the last three quarters indicates that the bank is struggling to attract new loan volume or deposit inflows sufficient to offset the maturity of existing assets. This stagnation warrants further investigation into whether the firm's high-touch model is reaching a saturation point in its core mountain markets.
Based on reported financial statements, the equity-to-assets ratio has remained consistently anchored at approximately 0.08 since 2024Q1, indicating that management is maintaining a stable capital buffer despite the inherent volatility of their specialized private banking and mortgage-heavy business model in high-wealth lifestyle corridors.
While this capital level appears adequate for current operations, the low ROE figures suggest that the firm is not effectively leveraging its capital base to generate superior returns for shareholders. Investors should monitor whether this capital preservation strategy is a deliberate defensive posture or a symptom of limited growth opportunities.
As reported in recent filings, investment securities account for approximately $2.8 billion of the $3.2 billion total asset base, which suggests a heavy reliance on the securities portfolio rather than a traditional loan-heavy banking model to generate interest income for the institution.
This high concentration in securities implies that the bank's net interest margin is significantly exposed to duration risk and market price fluctuations within its bond portfolio. Such a structure may limit the bank's ability to pivot quickly if interest rate volatility continues to impact the valuation of these holdings.
Based on the provided figures, the bank's reliance on a $2.8 billion investment portfolio relative to its $273.4 million equity base suggests that even minor fluctuations in the market value of these securities could have a disproportionate impact on the firm's regulatory capital and book value.
This leverage profile appears to leave the balance sheet vulnerable to interest rate shocks that could trigger unrealized losses, potentially constraining the firm's future lending capacity. The lack of a diversified loan book further exacerbates this risk, as the firm lacks the traditional interest-earning assets to offset potential securities-related volatility.
Quick answers to the most common questions about buying MYFW stock.
As of 2025, First Western Financial, Inc. (MYFW) had total assets of $3.15B including $261.7M in current assets.
First Western Financial, Inc. (MYFW) carries total debt of $107.6M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
First Western Financial, Inc. (MYFW) has total shareholders' equity (book value) of $265.6M ($26.67 book value per share). Book value represents the net worth of the company belonging to common stock holders.
First Western Financial, Inc. (MYFW) reported a current ratio of 0.10x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.