First Income Before Tax from 2010 to 2024

MYFW Stock  USD 19.29  0.41  2.08%   
First Western Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, First Western Income Before Tax regression line of quarterly data had r-squared of  0.53 and coefficient of variation of  129.64. View All Fundamentals
 
Income Before Tax  
First Reported
2016-12-31
Previous Quarter
1.4 M
Current Value
2.7 M
Quarterly Volatility
3.3 M
 
Covid
Check First Western financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Western's main balance sheet or income statement drivers, such as Tax Provision of 2.7 M, Net Interest Income of 46.1 M or Interest Income of 145.7 M, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0031 or PTB Ratio of 1.2. First financial statements analysis is a perfect complement when working with First Western Valuation or Volatility modules.
  
Check out the analysis of First Western Correlation against competitors.

Latest First Western's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of First Western Financial over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on First Western income statement and is an important metric when analyzing First Western Financial profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is First Western's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Western's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

First Income Before Tax Regression Statistics

Arithmetic Mean9,003,218
Coefficient Of Variation129.64
Mean Deviation9,081,757
Median5,007,000
Standard Deviation11,671,430
Sample Variance136.2T
Range34M
R-Value0.73
Mean Square Error68.9T
R-Squared0.53
Significance0
Slope1,900,850
Total Sum of Squares1907.1T

First Income Before Tax History

202413.8 M
20237.1 M
202228.8 M
202127.3 M
202033.1 M
201910.2 M
20187.4 M

About First Western Financial Statements

First Western investors use historical fundamental indicators, such as First Western's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in First Western. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax7.1 M13.8 M

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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.