First Western Financial (MYFW) Operating Expenses (2017 - 2026)
First Western Financial (MYFW) posted quarterly Operating Expenses of $21.2 million for Q2 2026, up 11.09% year-over-year from $19.1 million in Q2 2025, and up 5.22% on a QoQ basis from $20.2 million in Q1 2026.
First Western Financial (MYFW) Operating Expenses (2017 - 2026) Analysis & Trends
First Western Financial has reported Operating Expenses for 10 years, with the latest figure at $21.2 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $21.2 million, up 11.09% year-over-year; the trailing twelve-month figure through Jun 2026 was $82.8 million (up 5.76% YoY), and the FY2025 annual result was $79.8 million, up 1.72% from the prior year.
- Operating Expenses improved to $21.2 million in Q2 2026, from $20.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $21.3 million in Q4 2025 and troughed at $18.3 million in Q4 2023.
- A 5-year average of $19.7 million and a median of $19.5 million in 2024 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses soared 32.6%; it then slipped 10.03% in 2023.
- A 5-year view of Operating Expenses shows it stood at $19.9 million in 2022, then retreated by 8.18% to $18.3 million in 2023, then gained by 11.77% to $20.4 million in 2024, then advanced by 4.3% to $21.3 million in 2025, then retreated by 0.42% to $21.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $21.2 million in Q2 2026, $20.2 million in Q1 2026, and $21.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | First Western Financial | 302.63 Mn | 127.74 Mn | - | 21.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.22 Mn |
| Mar 31, 2026 | 20.16 Mn |
| Dec 31, 2025 | 21.31 Mn |
| Sep 30, 2025 | 20.07 Mn |
| Jun 30, 2025 | 19.10 Mn |
| Mar 31, 2025 | 19.36 Mn |
| Dec 31, 2024 | 20.43 Mn |
| Sep 30, 2024 | 19.37 Mn |
| Jun 30, 2024 | 19.00 Mn |
| Mar 31, 2024 | 19.70 Mn |
| Dec 31, 2023 | 18.28 Mn |
| Sep 30, 2023 | 18.31 Mn |
| Jun 30, 2023 | 18.52 Mn |
| Mar 31, 2023 | 20.53 Mn |
| Dec 31, 2022 | 19.91 Mn |
| Sep 30, 2022 | 19.26 Mn |
| Jun 30, 2022 | 20.58 Mn |
| Mar 31, 2022 | 19.36 Mn |
| Dec 31, 2021 | 20.52 Mn |
| Sep 30, 2021 | 16.47 Mn |