First Western: 4Q Earnings Snapshot

·1 min read

DENVER (AP) _ First Western Financial, Inc. (MYFW) on Thursday reported fourth-quarter net income of $4.9 million.

The Denver-based bank said it had earnings of 61 cents per share.

The company posted revenue of $24.9 million in the period. Its revenue net of interest expense was $23.4 million, which missed Street forecasts.

For the year, the company reported profit of $24.5 million, or $3.08 per share. Revenue was reported as $97.3 million.

First Western shares have decreased almost 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $19.42, an increase of 16% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MYFW at https://www.zacks.com/ap/MYFW