Home » today » Business » Financial Report: First Western Financial (NASDAQ: MYFW) v Independent Bank Group (NASDAQ: IBTX) »IMS

Financial Report: First Western Financial (NASDAQ: MYFW) v Independent Bank Group (NASDAQ: IBTX) »IMS

The Independent Bank Group has higher sales and earnings than First Western Financial. First Western Financial trades at lower value for money than the Independent Bank Group, indicating that it is currently the cheaper of the two stocks.

This table compares the First Western Financial and Independent Bank Group’s net margins, return on equity, and return on assets.

First Western Financial has a beta of 0.87 which means its stock price is 7% less volatile than the S&P 500. In comparison, the Independent Bank Group has a beta of 1. 87 which means its stock price is% more volatile than the S&P 250.

Independent Bank Group beats First Western Financial on Jan.

Factors compared between the two stocks.

About First Western Financial

First Western Financial, Inc., a financial holding company, provides asset management, private banking, personal trust, investment management, mortgage lending, and institutional asset management. The company operates in two segments: wealth management and mortgage. The Wealth Management segment provides deposit, credit, insurance, fiduciary and investment management advisory products and services. The mortgage segment deals with the acquisition, issuance and sale of mortgage loans in the secondary market. It serves entrepreneurs, professionals, high net worth individuals or families, and philanthropic and business organizations. The company operates profit centers including private boutique banking offices with 2 locations in Arizona, 8 locations in Colorado, and 1 location in Wyoming; 2 credit production offices with 1 location in Ft. Collins, Colorado, and 1 location in Greenwood Village, Colorado; and 2 escrow offices with 1 location in Laramie, Wyoming and 1 location in Century City, California. First Western Financial, Inc. was founded in 2002 and is headquartered in Denver, Colorado.

About Independent Bank Group

Independent Bank Group, Inc. acts as the bank holding company for Independent Bank, providing a variety of commercial banking products and services to corporations, professionals and individuals in the United States. It accepts various deposit products including check and savings accounts, sight deposits, money market accounts, and certificates of deposit. The company also offers commercial real estate loans. Commercial building, land and land development loans; Residential real estate loans; Interim building loans for single-family houses; commercial loans, which include SBA guaranteed loans, term loans, equipment lease finance, lines of credit, and energy-related loans; Agricultural loans for farmers and ranchers; Consumer installment loans, which include loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail and direct deposit services. and business accounts and administrative services, including parsed business reviews, corporate savings, and treasury administrative services. As of December 24, 2020, the company operated 87 stores. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

Receive News & Ratings For First Western Financial Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for First Western Financial and related companies with IMS Magazine’s FREE Daily Email Newsletter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.