{"id":4520,"date":"2018-07-13T09:45:42","date_gmt":"2018-07-13T13:45:42","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4520"},"modified":"2018-07-13T09:45:42","modified_gmt":"2018-07-13T13:45:42","slug":"firstwestern-financial-ipo-preview-myfw","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/firstwestern-financial-ipo-preview-myfw\/","title":{"rendered":"FirstWestern Financial #IPO Preview ($MYFW)"},"content":{"rendered":"

\"MYFW\"<\/a><\/p>\n

Company: First Western Financial, Inc.<\/strong>
\nSymbol: MYFW
\nDescription: First Western Financial, Inc. is a financial holding company headquartered in Denver, Colorado.
\nTrade Date: 7\/19
\nShares: 1.85 million
\nPrice Range: $19.00-$21.00
\nUnderwriter(s): Keefe Bruyette & Woods, Stephens, Sandler O’ Neill
\nTerms Added: 7-9-18<\/p>\n

Link to Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>:\u00a0First Western Financial,\u00a0Inc. is a financial holding company headquartered in Denver, Colorado. They provide a fully integrated suite of wealth management services on their private trust bank platform, which includes a comprehensive selection of deposit, loan, trust, wealth planning and investment management products and services. They believe their integrated business model distinguishes them from other banks and non-bank financial services companies in the markets in which they operate. As of March\u00a031, 2018, they provided fiduciary and advisory services on $5.4\u00a0billion of trust and investment management assets (referred to as “AUM”), and they had total assets of $991.6\u00a0million, total loans of $817.3\u00a0million, total deposits of $818.2\u00a0million and total shareholders’ equity of $104.2\u00a0million.
\nThey offer their services through a branded network of boutique private trust bank offices, which they believe are strategically located in affluent and high-growth markets in thirteen locations across Colorado, Arizona, Wyoming and California.<\/p>\n

Financials:\u00a0<\/strong>Since December\u00a031, 2013, they have increased gross revenues from $42.4\u00a0million for the year ended December\u00a031, 2013 to $55.2\u00a0million for the year ended December\u00a031, 2017, representing a CAGR of 6.8%, while total non-interest expense increased from $41.4\u00a0million for the year ended December\u00a031, 2013 to $49.5\u00a0million for the year ended December\u00a031, 2017, representing a CAGR of 4.6%.<\/p>\n

\"MYFW.jpg\"<\/a><\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here’s a 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique’s service.<\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: First Western Financial, Inc. Symbol: MYFW Description: First Western Financial, Inc. is a financial holding company headquartered in Denver, Colorado. Trade Date: 7\/19 Shares: 1.85 million Price Range: $19.00-$21.00 Underwriter(s): Keefe Bruyette & Woods, Stephens, Sandler O’ Neill Terms Added: 7-9-18 Link to Prospectus Link to Retail Roadshow Business:\u00a0First Western Financial,\u00a0Inc. is a financial[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[],"class_list":["post-4520","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=4520"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4520\/revisions"}],"predecessor-version":[{"id":4523,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4520\/revisions\/4523"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}