First Western Financial Inc

NASDAQ:MYFW   3:59:54 PM EDT
26.13
-0.22 (-0.84%)
Other Pre-Announcement, Mergers / Acquisitions

First Western Financial, Inc. And Teton Financial Services Announce Signing Of A Merger Agreement

Published: 07/22/2021 21:19 GMT
First Western Financial Inc (MYFW) - First Western Financial, Inc. and Teton Financial Services Announce Signing of a Merger Agreement.
First Western Financial Inc - Transaction is Expected to Be 5.2% Accretive to 2022 Earnings per Share.
First Western Financial - Transaction Expected to Be 0.4% Dilutive to Tangible Book Value, With Short Tangible Book Value Earnback Period of 0.4 Yrs.
First Western - Teton Shareholders Are Entitled to Receive 0.0466 Shares of Co's Common Stock & $0.39 in Cash for Each Share of Teton Stock.
First Western Financial Inc - First Western's and Teton Financial Services' Respective Boards Have Unanimously Approved Merger Agreement.
First Western - Directors, Executive Officers of Teton Have Entered Agreements Whereby They Have Committed to Vote Their Shares in Favor of Deal.