First Gross Profit from 2010 to 2024

MYFW Stock  USD 21.37  0.55  2.64%   
First Western Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 70.1 M in 2024. Gross Profit is the profit First Western Financial makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2016-12-31
Previous Quarter
45 M
Current Value
M
Quarterly Volatility
11.2 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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of First Western Financial over the last few years. Gross profit is a required income statement account that reflects total revenue of First Western Financial minus its cost of goods sold. It is profit before First Western operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. First Western's Gross Profit 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.
ViewLast Reported 107.98 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

First Gross Profit Regression Statistics

Arithmetic Mean60,387,091
Geometric Mean49,023,767
Coefficient Of Variation37.16
Mean Deviation14,586,121
Median54,379,000
Standard Deviation22,438,826
Sample Variance503.5T
Range95.8M
R-Value0.24
Mean Square Error511.2T
R-Squared0.06
Significance0.39
Slope1,200,195
Total Sum of Squares7049T

First Gross Profit History

202470.1 M
202382.7 M
20221.5 M
202196.7 M
202097.3 M
201964.6 M
201857.1 M

Other Fundumenentals of First Western Financial

First Western Gross Profit component correlations

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About First Western Financial Statements

First Western investors use historical fundamental indicators, such as First Western's Gross Profit, 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
Gross Profit82.7 M70.1 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.