First Western Financial (MYFW) Operating Expenses (2017 - 2026)
First Western Financial (MYFW) recorded Operating Expenses of $20.84 million in the quarter ended Sep 30, 2026, up 3.8% from $20.07 million a year earlier but down 1.8% from the prior quarter.
First Western Financial (MYFW) Operating Expenses (2017 - 2026) Analysis & Trends
On a TTM basis, First Western Financial's Operating Expenses came in at $83.53 million as of Sep 30, 2026, up 5.8% year-over-year; for the year ended Dec 31, 2025, it was $79.84 million, up 1.7% from the prior year.
- Annual Operating Expenses has a five-year compound annual growth rate of 6.0% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Operating Expenses came in at $78.49 million in the year ended Dec 31, 2024 (+3.8%), $75.64 million in the year ended Dec 31, 2023 (-4.4%), $79.11 million in the year ended Dec 31, 2022 (+16.1%) and $68.13 million in the year ended Dec 31, 2021 (+14.4%).
- Quarterly Operating Expenses has ranged from $18.28 million in the quarter ended Dec 31, 2023 to $21.31 million in the quarter ended Dec 31, 2025 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for six consecutive quarters, with growth averaging 4.7% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 32.6% in the quarter ended Jun 30, 2022, against a decline of 10.0% in the quarter ended Jun 30, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $21.22 million (quarter ended Jun 30, 2026), $20.16 million (quarter ended Mar 31, 2026) and $21.31 million (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 27.30 Bn |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 19.72 Bn |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | 13.71 Bn |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | 7.02 Bn |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 11.31 Bn |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 13.74 Bn |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | First Western Financial | 306.28 Mn | -499.19 Mn | - | 20.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.84 Mn |
| 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 |
First Western Financial Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MYFW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MYFW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MYFW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();