First Western Financial (MYFW) Loans - Loss Allowance: 2019-2024

Historic Loans - Loss Allowance for First Western Financial (MYFW) over the last 6 years, with Dec 2024 value amounting to $18.3 million.

  • First Western Financial's Loans - Loss Allowance rose 11.55% to $21.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $21.0 million, marking a year-over-year increase of 11.55%. This contributed to the annual value of $18.3 million for FY2024, which is 23.40% down from last year.
  • First Western Financial's Loans - Loss Allowance amounted to $18.3 million in FY2024, which was down 23.40% from $23.9 million recorded in FY2023.
  • First Western Financial's Loans - Loss Allowance's 5-year high stood at $23.9 million during FY2023, with a 5-year trough of $12.5 million in FY2020.
  • Its 3-year average for Loans - Loss Allowance is $19.8 million, with a median of $18.3 million in 2024.
  • Its Loans - Loss Allowance has fluctuated over the past 5 years, first skyrocketed by 59.23% in 2020, then decreased by 23.40% in 2024.
  • First Western Financial's Loans - Loss Allowance (Yearly) stood at $12.5 million in 2020, then rose by 9.51% to $13.7 million in 2021, then rose by 25.13% to $17.2 million in 2022, then skyrocketed by 39.27% to $23.9 million in 2023, then dropped by 23.40% to $18.3 million in 2024.