First Western Financial (MYFW) Tax Rate (2017 - 2026)
First Western Financial's Tax Rate was 22.97% in the quarter ended Jun 30, 2026, down 1.57 percentage points from 24.54% a year earlier and down 0.48 percentage points from the prior quarter.
First Western Financial (MYFW) Tax Rate (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Western Financial's Tax Rate was 22.95% through Jun 30, 2026, down 1.41 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 22.76%, down 4.06 percentage points from the prior year.
- Tax Rate shows a five-year change of -3.04 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was 26.82% in the year ended Dec 31, 2024 (+0.82 pp), 26.00% in the year ended Dec 31, 2023 (+1.27 pp), 24.73% in the year ended Dec 31, 2022 (+0.28 pp) and 24.45% in the year ended Dec 31, 2021 (-1.35 pp).
- Quarterly Tax Rate has moved between 20.10% (the quarter ended Sep 30, 2024) and 30.73% (the quarter ended Mar 31, 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last seven quarters, with an average year-over-year change of -2.79 percentage points.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Mar 31, 2024 (a gain of 4.75 percentage points); the worst was the quarter ended Mar 31, 2025 (a drop of 8.33 percentage points).
- Per Business Quant data, MYFW's Tax Rate in the three quarters before the quarter ended Jun 30, 2026 was 23.45% (quarter ended Mar 31, 2026), 24.49% (quarter ended Dec 31, 2025) and 20.18% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 23.98% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 22.68% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 23.29% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 22.26% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 24.40% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 16.36% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 24.29% |
| 10 | First Western Financial | 302.94 Mn | -548.14 Mn | - | 17.86% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.86% |
| Jun 30, 2026 | 22.97% |
| Mar 31, 2026 | 23.45% |
| Dec 31, 2025 | 24.49% |
| Sep 30, 2025 | 20.18% |
| Jun 30, 2025 | 24.54% |
| Mar 31, 2025 | 22.40% |
| Dec 31, 2024 | 29.79% |
| Sep 30, 2024 | 20.10% |
| Jun 30, 2024 | 23.96% |
| Mar 31, 2024 | 30.73% |
| Sep 30, 2023 | 26.15% |
| Jun 30, 2023 | 26.00% |
| Mar 31, 2023 | 25.98% |
| Dec 31, 2022 | 25.07% |
| Sep 30, 2022 | 24.46% |
| Jun 30, 2022 | 25.10% |
| Mar 31, 2022 | 24.60% |
| Dec 31, 2021 | 25.90% |
| Sep 30, 2021 | 24.20% |
First Western Financial Tax Rate 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=tax-rate&ticker=MYFW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MYFW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();