First Western Financial MYFW
NASDAQ MYFW
$30.74 -0.18 (-0.58%)
As of: Sep 9, 2026 · 3:59 PM EDT

First Western Financial (MYFW) Rent Expense (2017 - 2026)

First Western Financial (MYFW) posted Rent Expense of $2.0 million for Q2 2026, up 4.2% on a QoQ basis from $1.9 million in Q1 2026, and down 10.84% year-over-year from $2.2 million in Q2 2025.

Analysis

First Western Financial (MYFW) Rent Expense (2017 - 2026) Analysis & Trends

First Western Financial has reported Rent Expense for 10 years, with the latest figure at $2.0 million in Q2 2026.

  • On a quarterly basis, Rent Expense fell 10.84% year-over-year to $2.0 million in Q2 2026; TTM through Jun 2026 was $7.7 million, a 11.54% decrease from a year earlier, with the FY2025 full-year figure at $8.2 million, down 0.65% from the prior year.
  • Rent Expense was $2.0 million for Q2 2026 at First Western Financial, up from $1.9 million in the prior quarter.
  • The five-year high for Rent Expense was $2.2 million in Q1 2025, with the low at $1.7 million in Q4 2025.
  • Average Rent Expense over 5 years is $2.0 million, with a median of $1.9 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Rent Expense surged 33.57% in 2022, then fell 18.57% in 2025.
  • Over 5 years, Rent Expense stood at $1.9 million in 2022, then rose by 1.41% to $1.9 million in 2023, then climbed by 8.42% to $2.1 million in 2024, then dropped by 18.57% to $1.7 million in 2025, then increased by 15.96% to $2.0 million in 2026.
  • The last three Rent Expense figures came in at $2.0 million (Q2 2026), $1.9 million (Q1 2026), and $1.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Banco Santander Chile 950.85 Bn 950.85 Bn - -
2 Truist Financial 61.46 Bn 61.46 Bn - 171.00 Mn
3 Fifth Third Bancorp 49.43 Bn 25.71 Bn - 154.00 Mn
4 M&T Bank 34.72 Bn 34.72 Bn - 129.00 Mn
5 Huntington Bancshares 33.60 Bn 29.07 Bn - 90.00 Mn
6 Citizens Financial 29.31 Bn 29.31 Bn - 108.00 Mn
7 Regions Financial 25.53 Bn 25.53 Bn - 73.00 Mn
8 First Citizens Bancshares 24.60 Bn 24.07 Bn 29.00 Mn 59.00 Mn
9 Keycorp 23.26 Bn -24.44 Bn - 68.00 Mn
10 First Western Financial 299.11 Mn 124.23 Mn - 1.98 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.98 Mn
Mar 31, 2026 1.90 Mn
Dec 31, 2025 1.71 Mn
Sep 30, 2025 2.08 Mn
Jun 30, 2025 2.22 Mn
Mar 31, 2025 2.23 Mn
Dec 31, 2024 2.10 Mn
Sep 30, 2024 2.13 Mn
Jun 30, 2024 2.08 Mn
Mar 31, 2024 1.98 Mn
Dec 31, 2023 1.94 Mn
Sep 30, 2023 1.81 Mn
Jun 30, 2023 1.94 Mn
Mar 31, 2023 1.91 Mn
Dec 31, 2022 1.91 Mn
Sep 30, 2022 1.84 Mn
Jun 30, 2022 1.89 Mn
Mar 31, 2022 1.88 Mn
Dec 31, 2021 1.59 Mn
Sep 30, 2021 1.55 Mn