First Western Financial (MYFW) Tax Rate: 2017-2025

Historic Tax Rate for First Western Financial (MYFW) over the last 9 years, with Sep 2025 value amounting to 20.18%.

  • First Western Financial's Tax Rate rose 7.00% to 20.18% in Q3 2025 from the same period last year, while for Sep 2025 it was 24.04%, marking a year-over-year decrease of 50.00%. This contributed to the annual value of 26.82% for FY2024, which is 82.00% up from last year.
  • Per First Western Financial's latest filing, its Tax Rate stood at 20.18% for Q3 2025, which was down 17.78% from 24.54% recorded in Q2 2025.
  • In the past 5 years, First Western Financial's Tax Rate registered a high of 30.73% during Q1 2024, and its lowest value of 20.10% during Q3 2024.
  • Its 3-year average for Tax Rate is 25.14%, with a median of 25.98% in 2023.
  • Per our database at Business Quant, First Western Financial's Tax Rate slumped by 2,378bps in 2021 and then soared by 475bps in 2024.
  • Quarterly analysis of 5 years shows First Western Financial's Tax Rate stood at 25.90% in 2021, then slumped by 83bps to 25.07% in 2022, then surged by 165bps to 26.72% in 2023, then spiked by 307bps to 29.79% in 2024, then climbed by 7bps to 20.18% in 2025.
  • Its Tax Rate was 20.18% in Q3 2025, compared to 24.54% in Q2 2025 and 22.40% in Q1 2025.