Investing.com - First Western Financial reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
First Western Financial announced earnings per share of $0.64 on revenue of $29.25. Analysts polled by Investing.com EPS of $0.63 on revenue of $29.7M.
First Western Financial 's are down 23% and is trading at $26.33 , still down 23.01% from its 52 week high of $34.20 set on Wednesday, January 19, 2022.
First Western Financial follows other major Financial sector earnings this month
First Western Financial's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.78 on revenue of $23.56B.
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