First Western(MYFW) - 2024 Q2 - Quarterly Results
First Western(MYFW)2024-07-24 05:20
Exhibit 99.1 Second Quarter 2024 Summary First Western Reports Second Quarter 2024 Financial Results • Book value per common share increased 0.1% from $25.52 in Q1 2024 to $25.55 in Q2 2024. Tangible book value per common share increased 0.2% from $22.21 in Q1 2024 to $22.27 in Q2 2024 (1) • Net interest margin stabilized during the quarter, with a slight increase of 1 basis point from 2.34% in Q1 2024 to 2.35% in Q2 2024 • Net income available to common shareholders of $1.1 million in Q2 2024, compared to ...