First Western Financial (MYFW) Tax Provisions (2017 - 2026)
First Western Financial (MYFW) posted quarterly Tax Provisions of $1.7 million for Q2 2026, up 108.85% year-over-year from $814000.0 in Q2 2025, and down 10.53% on a QoQ basis from $1.9 million in Q1 2026.
First Western Financial (MYFW) Tax Provisions (2017 - 2026) Analysis & Trends
First Western Financial has reported Tax Provisions for 10 years, with the latest figure at $1.7 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $1.7 million, up 108.85% year-over-year; the trailing twelve-month figure through Jun 2026 was $5.5 million (up 47.59% YoY), and the FY2025 annual result was $3.9 million, up 25.11% from the prior year.
- Tax Provisions retreated to $1.7 million in Q2 2026, from $1.9 million in the prior quarter.
- Over five years, Tax Provisions peaked at $2.0 million in Q3 2022 and troughed at -$1.2 million in Q4 2023.
- A 5-year average of $1.1 million and a median of $1.1 million in 2023 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2023, when Tax Provisions plunged 163.61%; it then surged 200.17% in 2024.
- A 5-year view of Tax Provisions shows it stood at $1.8 million in 2022, then plunged by 163.61% to -$1.2 million in 2023, then surged by 200.17% to $1.2 million in 2024, then slipped by 6.86% to $1.1 million in 2025, then soared by 56.54% to $1.7 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $1.7 million in Q2 2026, $1.9 million in Q1 2026, and $1.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | First Western Financial | 303.45 Mn | 128.57 Mn | - | 1.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 Mn |
| Mar 31, 2026 | 1.90 Mn |
| Dec 31, 2025 | 1.12 Mn |
| Sep 30, 2025 | 800,000.00 |
| Jun 30, 2025 | 814,000.00 |
| Mar 31, 2025 | 1.17 Mn |
| Dec 31, 2024 | 1.17 Mn |
| Sep 30, 2024 | 500,000.00 |
| Jun 30, 2024 | 339,000.00 |
| Mar 31, 2024 | 1.10 Mn |
| Dec 31, 2023 | -1.16 Mn |
| Sep 30, 2023 | 1.10 Mn |
| Jun 30, 2023 | 500,000.00 |
| Mar 31, 2023 | 1.34 Mn |
| Dec 31, 2022 | 1.83 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 1.49 Mn |
| Mar 31, 2022 | 1.79 Mn |
| Dec 31, 2021 | 670,000.00 |
| Sep 30, 2021 | 2.00 Mn |