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First Western Financial (MYFW) Interest Expense - Deposits: 2017-2024

Historic Interest Expense - Deposits for First Western Financial (MYFW) over the last 8 years, with Dec 2024 value amounting to $82.5 million.

  • First Western Financial's Interest Expense - Deposits rose 4.86% to $22.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $78.8 million, marking a year-over-year decrease of 3.47%. This contributed to the annual value of $82.5 million for FY2024, which is 26.09% up from last year.
  • According to the latest figures from FY2024, First Western Financial's Interest Expense - Deposits is $82.5 million, which was up 26.09% from $65.5 million recorded in FY2023.
  • First Western Financial's Interest Expense - Deposits' 5-year high stood at $82.5 million during FY2024, with a 5-year trough of $3.5 million in FY2021.
  • Over the past 3 years, First Western Financial's median Interest Expense - Deposits value was $65.5 million (recorded in 2023), while the average stood at $53.7 million.
  • Its Interest Expense - Deposits has fluctuated over the past 5 years, first slumped by 52.75% in 2020, then spiked by 403.07% in 2023.
  • Yearly analysis of 5 years shows First Western Financial's Interest Expense - Deposits stood at $5.8 million in 2020, then plummeted by 39.90% to $3.5 million in 2021, then soared by 273.69% to $13.0 million in 2022, then skyrocketed by 403.07% to $65.5 million in 2023, then increased by 26.09% to $82.5 million in 2024.