MYFW

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Exhibit 99.1

First Western Reports Third Quarter 2026 Financial Results

Third Quarter 2026 Summary

•Net income available to common shareholders of $6.0 million, or $0.60 per diluted share, in Q3 2026, compared to $5.7 million, or $0.57 per diluted share, in Q2 2026

•Pre-tax, pre-provision net income increased 14.5% from $6.9 million in Q2 2026 to $7.9 million in Q3 2026

•Net interest margin increased 5 basis points from 2.90% in Q2 2026 to 2.95% in Q3 2026

•Net interest income increased $1.2 million, or 5.5%, from $21.8 million in Q2 2026 to $23.0 million in Q3 2026

•Total loans held for investment increased $95.0 million, or 3.5%, from $2.72 billion in Q2 2026 to $2.81 billion in Q3 2026

•Total deposits increased $70.0 million, or 2.5%, from $2.85 billion in Q2 2026 to $2.92 billion in Q3 2026

Denver, Colo., October 22, 2026 – First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the third quarter ended September 30, 2026.

Net income available to common shareholders was $6.0 million, or $0.60 per diluted share, for the third quarter of 2026. This compares to net income of $5.7 million, or $0.57 per diluted share, for the second quarter of 2026, and net income of $3.2 million, or $0.32 per diluted share, for the third quarter of 2025.

Scott C. Wylie, CEO of First Western, commented, “Our third quarter results demonstrate continued execution and progress across our business, underscored by strong loan and deposit growth, accelerating loan production, further expansion in our net interest margin and disciplined expense management. Healthy client demand in our markets drove robust loan growth during the quarter, while continued growth in noninterest-bearing deposits reflects the strength of our relationship-based banking model and our ongoing focus on improving our funding mix. Together, these trends contributed to strong growth in net interest income and pre-provision net revenue, while asset quality remained stable.

“We remain encouraged by the strength of our loan pipeline and the opportunities we see across our markets. With continued momentum in our core banking franchise, disciplined expense management and a strong balance sheet, we believe we are well positioned to continue improving profitability and creating long-term value for our shareholders,” said Mr. Wylie.

For the Three Months Ended

September 30,June 30,September 30,

(Dollars in thousands, except per share data)202620262025

Earnings Summary

Net interest income$22,960 $21,764 $19,454

Provision for (release of) credit losses647 (469)2,257

Total non-interest income5,806 6,385 6,842

Total non-interest expense20,840 21,217 20,074

Income before income taxes7,279 7,401 3,965

Income tax expense 1,298 1,672 779

Net income available to common shareholders5,981 5,729 3,186

Basic earnings per common share0.61 0.59 0.33

Diluted earnings per common share0.60 0.57 0.32

Return on average assets (annualized)0.74 %0.73 %0.40 %

Return on average shareholders' equity (annualized)8.39 8.28 4.92

Return on tangible common equity (annualized)(1) 9.31 9.19 5.54

Net interest margin2.95 2.90 2.54

Efficiency ratio(1) 72.20 74.03 76.38

(1) Represents a Non-GAAP financial measure. See “Reconciliations of Non-GAAP Financial Measures” for a reconciliation of our Non-GAAP measures to the most directly comparable GAAP financial measure.

Operating Results for the Third Quarter 2026

Revenue

Total income before non-interest expense was $28.1 million for the third quarter of 2026, a decrease of 1.7% from $28.6 million for the second quarter of 2026. Gross revenue(1) was $28.9 million for the third quarter of 2026, an increase of 2.8% from $28.1 million for the second quarter of 2026. Relative to the second quarter of 2026, the decrease in Total income before non-interest expense was primarily driven by an increase in Provision for credit losses and a decrease in Non-interest income, partially offset by an increase in Net interest income. Relative to the third quarter of 2025, Total income before non-interest expense increased 17.1% from $24.0 million and Gross revenue increased 9.9% from $26.3 million. Relative to the third quarter of 2025, the increase in Total income before non-interest expense was primarily driven by an increase in Net interest income and a decrease in Provision for credit losses.

(1) Represents a Non-GAAP financial measure. See “Reconciliations of Non-GAAP Financial Measures” for a reconciliation of our Non-GAAP measures to the most directly comparable GAAP financial measure.

Net Interest Margin

Net interest margin for the third quarter of 2026 increased 5 basis points to 2.95% from 2.90% reported in the second quarter of 2026, primarily due to an increase in yield on average interest-earning assets, partially offset by an increase in cost of funds. The yield on interest-earning assets in

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Exhibit 99.1

First Western Reports Second Quarter 2026 Financial Results

Second Quarter 2026 Summary

•Net income available to common shareholders of $5.7 million, or $0.57 per diluted shares, in Q2 2026

•Net interest income increased $0.9 million, or 4.3%, from $20.9 million in Q1 2026 to $21.8 million in Q2 2026

•Net interest margin increased 9 basis points from 2.81% in Q1 2026 to 2.90% in Q2 2026

•Average noninterest-bearing deposits increased $17.8 million, or 5.1%, from $347.5 million in Q1 2026 to $365.3 million in Q2 2026

Denver, Colo., July 23, 2026 – First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the second quarter ended June 30, 2026.

Net income available to common shareholders was $5.7 million, or $0.57 per diluted share, for the second quarter of 2026. This compares to net income of $6.2 million, or $0.63 per diluted share, for the first quarter of 2026, and net income of $2.5 million, or $0.26 per diluted share, for the second quarter of 2025.

Scott C. Wylie, CEO of First Western, commented, “Our second quarter performance reflected continued execution across the franchise, highlighted by growth in net interest income, expansion in our net interest margin, disciplined expense management, stable asset quality, and positive noninterest-bearing deposit trends. Healthy economic activity across our markets continues to support high quality loan demand, while our focus on relationship-based banking is helping us steadily expand our deposit base. Coupled with careful balance sheet management, these efforts contributed to further growth in both book value and tangible book value per share during the quarter.

“Supported by strong loan and deposit pipelines and favorable trends across our business, we are well positioned to build on our momentum and continue delivering attractive financial performance and long-term value for our shareholders throughout 2026,” said Mr. Wylie.

For the Three Months Ended

June 30,March 31,June 30,

(Dollars in thousands, except per share data)202620262025

Earnings Summary

Net interest income$21,764 $20,883 $17,884

(Release of) provision for credit losses(469)(728)1,773

Total non-interest income6,385 6,656 6,305

Total non-interest expense21,217 20,164 19,099

Income before income taxes7,401 8,103 3,317

Income tax expense 1,672 1,895 814

Net income available to common shareholders5,729 6,208 2,503

Basic earnings per common share0.59 0.64 0.26

Diluted earnings per common share0.57 0.63 0.26

Return on average assets (annualized)0.73 %0.79 %0.36 %

Return on average shareholders' equity (annualized)8.28 9.32 3.90

Return on tangible common equity (annualized)(1) 9.19 10.26 4.40

Net interest margin2.90 2.81 2.67

Efficiency ratio(1) 74.03 73.11 78.83

(1) Represents a Non-GAAP financial measure. See “Reconciliations of Non-GAAP Financial Measures” for a reconciliation of our Non-GAAP measures to the most directly comparable GAAP financial measure.

Operating Results for the Second Quarter 2026

Revenue

Total income before non-interest expense was $28.6 million for the second quarter of 2026, an increase of 1.1% from $28.3 million for the first quarter of 2026. Gross revenue(1) was $28.1 million for the second quarter of 2026, an increase of 1.8% from $27.6 million for the first quarter of 2026. Relative to the first quarter of 2026, the increase in Total income before non-interest expense was primarily driven by an increase in Net interest income, partially offset by a decrease in Non-interest income. Relative to the second quarter of 2025, Total income before non-interest expense increased 27.7% from $22.4 million and Gross revenue increased 16.1% from $24.2 million. Relative to the second quarter of 2025, the increase in Total income before non-interest expense was primarily driven by an increase in Net interest income and a decrease in Provision for credit losses.

(1) Represents a Non-GAAP financial measure. See “Reconciliations of Non-GAAP Financial Measures” for a reconciliation of our Non-GAAP measures to the most directly comparable GAAP financial measure.

Net Interest Margin

Net interest margin for the second quarter of 2026 increased 9 basis points to 2.90% from 2.81% reported in the first quarter of 2026, primarily due to a decrease in cost of funds and an improved mix shift in average interest-earning assets. The yield on interest-earning assets increased 4 basis points to 5.58% from 5.54% reported in the first quarter of 2026, while the cost of funds decreased 4 basis points to 2.86% from 2.90% reported in the first quarter of 2026. The increase in yield on interest-earning assets was primarily driven by an improved mix shift in average interest-earning assets as a result of increases in average debt security and loan balances in the quarter, and an increase in loan yields. The decrease in cost of f

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Exhibit 99.1

First Western Reports First Quarter 2026 Financial Results

First Quarter 2026 Summary

•Net income available to common shareholders of $6.2 million in Q1 2026, compared to $3.3 million in Q4 2025

•Diluted earnings per share of $0.63 in Q1 2026, compared to $0.34 in Q4 2025

•Net interest margin increased 10 basis points from 2.71% in Q4 2025 to 2.81% in Q1 2026

•Net interest income increased $0.3 million, or 1.5%, from $20.6 million in Q4 2025 to $20.9 million in Q1 2026

•Non-interest income increased $0.6 million, or 9.8%, from $6.1 million in Q4 2025 to $6.7 million in Q1 2026

•Total deposits increased $95 million, or 3.5%, from $2.75 billion in Q4 2025 to $2.84 billion in Q1 2026

Denver, Colo., April 23, 2026 – First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the first quarter ended March 31, 2026.

Net income available to common shareholders was $6.2 million, or $0.63 per diluted share, for the first quarter of 2026. This compares to net income of $3.3 million, or $0.34 per diluted share, for the fourth quarter of 2025, and net income of $4.2 million, or $0.43 per diluted share, for the first quarter of 2025.

Scott C. Wylie, CEO of First Western, commented, “We executed well in the first quarter and saw positive trends in many areas including loan and deposit growth, an increase in Net interest income, expansion in our net interest margin, well managed expenses, and improved asset quality, which resulted in an increase in our level of profitability. We continue to see healthy economic conditions across our markets resulting in a solid amount of loan demand that meets our disciplined underwriting and pricing criteria, while steadily adding new deposit relationships. Our improving financial performance and continued prudent balance sheet management resulted in increases in both our book value and tangible book value per share during the first quarter.

“Our loan and deposit pipelines remain strong and along with a continuation of the positive trends we are seeing in key areas, we believe we are well positioned to continue generating strong financial performance for our shareholders as we move through 2026,” said Mr. Wylie.

For the Three Months Ended

March 31,December 31,March 31,

(Dollars in thousands, except per share data)202620252025

Earnings Summary

Net interest income$20,883 $20,577 $17,453

(Release of) provision for credit losses(728)915 80

Total non-interest income6,656 6,079 7,345

Total non-interest expense20,164 21,306 19,361

Income before income taxes8,103 4,435 5,357

Income tax expense 1,895 1,121 1,172

Net income available to common shareholders6,208 3,314 4,185

Basic earnings per common share0.64 0.34 0.43

Diluted earnings per common share0.63 0.34 0.43

Return on average assets (annualized)0.79 %0.42 %0.59 %

Return on average shareholders' equity (annualized)9.32 5.06 6.63

Return on tangible common equity (annualized)(1) 10.26 5.66 7.44

Net interest margin2.81 2.71 2.61

Efficiency ratio(1) 73.11 74.88 79.16

(1) Represents a Non-GAAP financial measure. See “Reconciliations of Non-GAAP Financial Measures” for a reconciliation of our Non-GAAP measures to the most directly comparable GAAP financial measure.

Operating Results for the First Quarter 2026

Revenue

Total income before non-interest expense was $28.3 million for the first quarter of 2026, an increase of 10.1% from $25.7 million for the fourth quarter of 2025. Gross revenue(1) was $27.6 million for the first quarter of 2026, an increase of 3.4% from $26.7 million for the fourth quarter of 2025. Relative to the fourth quarter of 2025, the increase in Total income before non-interest expense was primarily driven by a decrease in Provision for credit losses, an increase in Non-interest income, and an increase in Net interest income. Relative to the first quarter of 2025, Total income before non-interest expense increased 14.6% from $24.7 million and Gross revenue increased 12.2% from $24.6 million. Relative to the first quarter of 2025, the increase in Total income before non-interest expense was primarily driven by an increase in Net interest income and a decrease in Provision for credit losses, partially offset by a decrease in Non-interest income.

(1) Represents a Non-GAAP financial measure. See “Reconciliations of Non-GAAP Financial Measures” for a reconciliation of our Non-GAAP measures to the most directly comparable GAAP financial measure.

Net Interest Margin

Net interest margin for the first quarter of 2026 increased 10 basis points to 2.81% from 2.71% reported in the fourth quarter of 2025, primarily due to a decrease in cost of funds, partially offset by a slight decrease in yield on interest-earning assets. The cost of funds decreased 13 basis points to 2.90% from 3.03% reported in the fourth quarter of 2025, while the yield on interest-earning