Security Midwest Bancorp (SBMW) Operating Expenses (2024 - 2026)
Security Midwest Bancorp's (SBMW) quarterly Operating Expenses came in at $2.2 million in Q2 2026, up 12.68% year-over-year from $1.9 million in Q2 2025, and down 31.4% quarter-over-quarter from $3.2 million in Q4 2025.
Analysis
Security Midwest Bancorp (SBMW) Operating Expenses (2024 - 2026) Analysis & Trends
Security Midwest Bancorp has disclosed Operating Expenses across 3 years of filings, most recently posting $2.2 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 12.68% year-over-year to $2.2 million; the TTM figure through Jun 2026 stood at $9.4 million (up 11.42% YoY), while the FY2025 annual figure was $9.0 million, up 10.44% from the prior year.
- Operating Expenses came in at $2.2 million for Q2 2026 at Security Midwest Bancorp, down from $3.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $3.2 million in Q4 2025 to a low of $1.8 million in Q1 2024.
- Average Operating Expenses over 3 years is $2.2 million, with a median of $1.9 million recorded in 2025.
- The largest YoY upside for Operating Expenses was 14.72% in 2025 against a maximum downside of 4.39% in 2025.
- Over 3 years, Operating Expenses stood at $2.8 million in 2024, then grew by 12.7% to $3.2 million in 2025, then plunged by 31.4% to $2.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $2.2 million in Q2 2026, $3.2 million in Q4 2025, and $2.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 959.46 Bn | 959.46 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 62.09 Bn | 62.09 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.68 Bn | 25.96 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.84 Bn | 34.84 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.89 Bn | 29.36 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.64 Bn | 29.64 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.74 Bn | 25.74 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 24.85 Bn | 24.33 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.34 Bn | -24.36 Bn | - | 1.22 Bn |
| 10 | Security Midwest Bancorp | 16.82 Mn | -14.26 Mn | - | 2.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.18 Mn |
| Dec 31, 2025 | 3.18 Mn |
| Sep 30, 2025 | 2.06 Mn |
| Jun 30, 2025 | 1.94 Mn |
| Mar 31, 2025 | 1.85 Mn |
| Dec 31, 2024 | 2.83 Mn |
| Sep 30, 2024 | 1.80 Mn |
| Jun 30, 2024 | 1.79 Mn |
| Mar 31, 2024 | 1.77 Mn |