First Western Financial, Inc. Q3 2023 Earnings Call Transcript
| MYFW Stock | USD 18.50 0.18 0.96% |
Slightly above 62% of First Western's investor base is looking to short. The analysis of overall sentiment of trading First Western Financial stock suggests that many investors are alarmed at this time. First Western's investing sentiment can be driven by a variety of factors including economic data, First Western's earnings reports, geopolitical events, and overall market trends.
First |
Operator Good day and thank you for standing by. Welcome to the First Western Financial Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Read at insidermonkey.com
 |
First Western Fundamental Analysis
We analyze First Western's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Western using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Western based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
First Western is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
First Western Financial Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Western stock to make a market-neutral strategy. Peer analysis of First Western could also be used in its relative valuation, which is a method of valuing First Western by comparing valuation metrics with similar companies.
Peers
First Western Related Equities
| HFBL | Home Federal | 0.70 | ||||
| FFNW | First Financial | 0.33 | ||||
| FNWB | First Northwest | 0.59 | ||||
| HTBI | HomeTrust Bancshares | 0.82 | ||||
| CWBC | Community West | 1.90 | ||||
| FCAP | First Capital | 1.95 | ||||
| CFBK | CF Bankshares | 4.11 |
Additional Tools for First Stock Analysis
When running First Western's price analysis, check to measure First Western's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Western is operating at the current time. Most of First Western's value examination focuses on studying past and present price action to predict the probability of First Western's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Western's price. Additionally, you may evaluate how the addition of First Western to your portfolios can decrease your overall portfolio volatility.