First Western Financial (MYFW) Provision for Losses (2017 - 2026)
First Western Financial (MYFW) reported Provision for Losses of -$469,000 for the quarter ended Jun 30, 2026, compared with $1.77 million a year earlier.
First Western Financial (MYFW) Provision for Losses (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Western Financial's Provision for Losses came in at $1.98 million, up 43.1% year-over-year; for the year ended Dec 31, 2025, it came in at $5.03 million, up 160.0% from the prior year.
- Provision for Losses has a five-year compound annual growth rate of 1.4% (years ended Dec 2020 to Dec 2025).
- By year, Provision for Losses came in at $1.93 million in the year ended Dec 31, 2024 (-81.3%), $10.36 million in the year ended Dec 31, 2023 (+181.2%), $3.68 million in the year ended Dec 31, 2022 (+199.3%) and $1.23 million in the year ended Dec 31, 2021 (-73.7%).
- Five-year quarterly Provision for Losses spans a low of -$974,000 in the quarter ended Dec 31, 2024 and a high of $8.49 million in the quarter ended Dec 31, 2023.
- Year over year, Provision for Losses gained in three of the last four quarters, with growth averaging 97.5%.
- The high point for year-over-year Provision for Losses in five years was the quarter ended Dec 31, 2023 (growth of 609.5%); the low point was the quarter ended Sep 30, 2023 (a decline of 81.3%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -$728,000 (quarter ended Mar 31, 2026), $915,000 (quarter ended Dec 31, 2025) and $2.26 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provision for Losses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 2.74 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 1.30 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 717.20 Mn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 368.00 Mn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 1.03 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | First Western Financial | 302.94 Mn | -548.14 Mn | - | 647,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 647,000.00 |
| Jun 30, 2026 | -469,000.00 |
| Mar 31, 2026 | -728,000.00 |
| Dec 31, 2025 | 915,000.00 |
| Sep 30, 2025 | 2.26 Mn |
| Jun 30, 2025 | 1.77 Mn |
| Mar 31, 2025 | 80,000.00 |
| Dec 31, 2024 | -974,000.00 |
| Sep 30, 2024 | 501,000.00 |
| Jun 30, 2024 | 2.33 Mn |
| Mar 31, 2024 | 72,000.00 |
| Dec 31, 2023 | 8.49 Mn |
| Sep 30, 2023 | 329,000.00 |
| Jun 30, 2023 | 1.84 Mn |
| Mar 31, 2023 | -310,000.00 |
| Dec 31, 2022 | 1.20 Mn |
| Sep 30, 2022 | 1.76 Mn |
| Jun 30, 2022 | 519,000.00 |
| Mar 31, 2022 | 210,000.00 |
| Dec 31, 2021 | 812,000.00 |
First Western Financial Provision for Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-losses&ticker=MYFW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-losses", "ticker": "MYFW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-losses&ticker=MYFW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();