First Western Financial (MYFW) Tax Rate (2017 - 2026)

First Western Financial (MYFW) recorded quarterly Tax Rate of 23.45% in Q1 2026, down 4.24% quarter-over-quarter from 24.49% in Q4 2025, and up 105.0% on a YoY basis from 11.44% in Q1 2025.

First Western Financial (MYFW) Tax Rate (2017 - 2026) Analysis & Trends

First Western Financial's Tax Rate history runs 10 years deep, the most recent figure standing at 23.45% for Q1 2026.

  • In Q1 2026, Tax Rate rose 105.0% year-over-year to 23.45%; the TTM figure through Mar 2026 stood at 23.21% (down 106.0% YoY), while the FY2025 annual figure was 22.76%, down 406.0% from the prior year.
  • Tax Rate was 23.45% for Q1 2026 at First Western Financial, down from 24.49% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 30.73% in Q1 2024 to a low of 20.1% in Q3 2024.
  • Historically, Tax Rate has averaged 24.92% across 5 years, with a median of 24.54% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate soared 475 bps in 2024, then tumbled 833 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 25.07% in 2022, then gained by 7 bps to 26.72% in 2023, then grew by 12 bps to 29.79% in 2024, then fell by 18 bps to 24.49% in 2025, then fell by 4 bps to 23.45% in 2026.
  • The last three Tax Rate figures came in at 23.45% (Q1 2026), 24.49% (Q4 2025), and 20.18% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 First Western Financial 293.18 Mn 29.13 Mn - 23.45%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.45%
Mar 31, 2026 23.45%
Dec 31, 2025 24.49%
Dec 31, 2025 24.49%
Sep 30, 2025 20.18%
Sep 30, 2025 20.18%
Jun 30, 2025 24.54%
Jun 30, 2025 24.54%
Mar 31, 2025 22.40%
Mar 31, 2025 22.40%
Dec 31, 2024 29.79%
Dec 31, 2024 29.79%
Sep 30, 2024 20.10%
Sep 30, 2024 20.10%
Jun 30, 2024 23.96%
Jun 30, 2024 23.96%
Mar 31, 2024 30.73%
Mar 31, 2024 30.73%
Dec 31, 2023 26.72%
Dec 31, 2023 26.72%