First Western Financial (MYFW) Operating Expenses (2017 - 2026)
First Western Financial (MYFW) recorded quarterly Operating Expenses of $20.2 million in Q1 2026, down 5.36% quarter-over-quarter from $21.3 million in Q4 2025, and up 4.15% on a YoY basis from $19.4 million in Q1 2025.
First Western Financial (MYFW) Operating Expenses (2017 - 2026) Analysis & Trends
First Western Financial's Operating Expenses history runs 10 years deep, the most recent figure standing at $20.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 4.15% year-over-year to $20.2 million; the TTM figure through Mar 2026 stood at $80.6 million (up 3.18% YoY), while the FY2025 annual figure was $79.8 million, up 1.72% from the prior year.
- Operating Expenses was $20.2 million for Q1 2026 at First Western Financial, down from $21.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $21.3 million in Q4 2025 to a low of $18.3 million in Q4 2023.
- Historically, Operating Expenses has averaged $19.6 million across 5 years, with a median of $19.4 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 32.6% in 2022, then fell 10.03% in 2023.
- A 5-year view of Operating Expenses shows it stood at $19.9 million in 2022, then decreased by 8.18% to $18.3 million in 2023, then advanced by 11.77% to $20.4 million in 2024, then climbed by 4.3% to $21.3 million in 2025, then declined by 5.36% to $20.2 million in 2026.
- The last three Operating Expenses figures came in at $20.2 million (Q1 2026), $21.3 million (Q4 2025), and $20.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | First Western Financial | 293.18 Mn | 29.13 Mn | - | 20.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 15.52 Mn |