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First Western Financial (MYFW) Rent Expense: 2017-2024

Historic Rent Expense for First Western Financial (MYFW) over the last 8 years, with Dec 2024 value amounting to $8.3 million.

  • First Western Financial's Rent Expense fell 1.98% to $2.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $8.6 million, marking a year-over-year increase of 6.15%. This contributed to the annual value of $8.3 million for FY2024, which is 9.02% up from last year.
  • Per First Western Financial's latest filing, its Rent Expense stood at $8.3 million for FY2024, which was up 9.02% from $7.6 million recorded in FY2023.
  • First Western Financial's Rent Expense's 5-year high stood at $8.3 million during FY2024, with a 5-year trough of $6.0 million in FY2021.
  • For the 3-year period, First Western Financial's Rent Expense averaged around $7.8 million, with its median value being $7.6 million (2023).
  • Its Rent Expense has fluctuated over the past 5 years, first decreased by 0.32% in 2021, then increased by 25.54% in 2022.
  • Over the past 5 years, First Western Financial's Rent Expense (Yearly) stood at $6.0 million in 2020, then dropped by 0.32% to $6.0 million in 2021, then increased by 25.54% to $7.5 million in 2022, then rose by 1.02% to $7.6 million in 2023, then rose by 9.02% to $8.3 million in 2024.