First Western Financial (MYFW) Rent Expense (2017 - 2026)
First Western Financial (MYFW) recorded quarterly Rent Expense of $1.9 million in Q1 2026, up 11.29% quarter-over-quarter from $1.7 million in Q4 2025, and down 14.74% on a YoY basis from $2.2 million in Q1 2025.
First Western Financial (MYFW) Rent Expense (2017 - 2026) Analysis & Trends
First Western Financial's Rent Expense history runs 10 years deep, the most recent figure standing at $1.9 million for Q1 2026.
- In Q1 2026, Rent Expense fell 14.74% year-over-year to $1.9 million; the TTM figure through Mar 2026 stood at $7.9 million (down 7.23% YoY), while the FY2025 annual figure was $8.2 million, down 0.65% from the prior year.
- Rent Expense was $1.9 million for Q1 2026 at First Western Financial, up from $1.7 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $2.2 million in Q1 2025 to a low of $1.7 million in Q4 2025.
- Historically, Rent Expense has averaged $2.0 million across 5 years, with a median of $1.9 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Rent Expense jumped 33.57% in 2022, then declined 18.57% in 2025.
- A 5-year view of Rent Expense shows it stood at $1.9 million in 2022, then increased by 1.41% to $1.9 million in 2023, then advanced by 8.42% to $2.1 million in 2024, then slipped by 18.57% to $1.7 million in 2025, then gained by 11.29% to $1.9 million in 2026.
- The last three Rent Expense figures came in at $1.9 million (Q1 2026), $1.7 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | First Western Financial | 293.18 Mn | 29.13 Mn | - | 1.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.90 Mn |
| Mar 31, 2026 | 1.90 Mn |
| Dec 31, 2025 | 1.71 Mn |
| Dec 31, 2025 | 1.71 Mn |
| Sep 30, 2025 | 2.08 Mn |
| Sep 30, 2025 | 2.08 Mn |
| Jun 30, 2025 | 2.22 Mn |
| Jun 30, 2025 | 2.22 Mn |
| Mar 31, 2025 | 2.23 Mn |
| Mar 31, 2025 | 2.23 Mn |
| Dec 31, 2024 | 2.10 Mn |
| Dec 31, 2024 | 2.10 Mn |
| Sep 30, 2024 | 2.13 Mn |
| Sep 30, 2024 | 2.13 Mn |
| Jun 30, 2024 | 2.08 Mn |
| Jun 30, 2024 | 2.08 Mn |
| Mar 31, 2024 | 1.98 Mn |
| Mar 31, 2024 | 1.98 Mn |
| Dec 31, 2023 | 1.94 Mn |
| Dec 31, 2023 | 1.94 Mn |