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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |