First Western Financial | 10-Q: FY2025 Q3 Revenue: USD 24.04 M

Revenue: As of FY2025 Q3, the actual value is USD 24.04 M.

EPS: As of FY2025 Q3, the actual value is USD 0.32, missing the estimate of USD 0.3567.

EBIT: As of FY2025 Q3, the actual value is USD -15.49 M.

Wealth Management Segment

• Net Interest Income: $19,454 thousand for the three months ended September 30, 2025, compared to $15,568 thousand for the same period in 2024.
• Provision for Credit Losses: $2,257 thousand for the three months ended September 30, 2025, compared to $501 thousand for the same period in 2024.
• Non-Interest Income: $6,842 thousand for the three months ended September 30, 2025, compared to $6,972 thousand for the same period in 2024.
• Non-Interest Expense: $20,074 thousand for the three months ended September 30, 2025, compared to $19,368 thousand for the same period in 2024.
• Net Income: $3,186 thousand for the three months ended September 30, 2025, compared to $2,134 thousand for the same period in 2024.

Mortgage Segment

• Net Gain on Mortgage Loans: $1,394 thousand for the three months ended September 30, 2025, compared to $1,451 thousand for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $8,953 thousand for the nine months ended September 30, 2025, compared to $5,018 thousand for the same period in 2024.
• Net Cash Used in Investing Activities: -$210,296 thousand for the nine months ended September 30, 2025, compared to $108,004 thousand provided by investing activities for the same period in 2024.
• Net Cash Provided by Financing Activities: $319,041 thousand for the nine months ended September 30, 2025, compared to -$90,092 thousand used in financing activities for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company aims to maintain a strong core deposit base and manage risks associated with anticipated growth. It also focuses on achieving strategic objectives and retaining its largest trust clients.
• Non-Core Business: The company is exploring new lines of business and products, with a focus on technological change and the use of artificial intelligence.