First Western Financial Operating Expenses Growth & History (MYFW)
First Western Financial's operating expenses was $79.8M for fiscal 2025.
View full First Western Financial company overviewFirst Western Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $79.8M | $1.3M | +1.72% |
| 2024 | 2024-12-31 | $78.5M | $2.9M | +3.77% |
| 2023 | 2023-12-31 | $75.6M | −$3.5M | −4.39% |
| 2022 | 2022-12-31 | $79.1M | $11.0M | +16.11% |
| 2021 | 2021-12-31 | $68.1M | $8.6M | +14.43% |
| 2020 | 2020-12-31 | $59.5M | $5.8M | +10.70% |
| 2019 | 2019-12-31 | $53.8M | $3.6M | +7.15% |
| 2018 | 2018-12-31 | $50.2M | $701,000 | +1.42% |
| 2017 | 2017-12-31 | $49.5M | — | — |
First Western Financial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $21.2M | $2.1M | +11.09% |
| Q1 2026 | 2026-03-31 | $20.2M | $803,000 | +4.15% |
| Q4 2025 | 2025-12-31 | $21.3M | $879,000 | +4.30% |
| Q3 2025 | 2025-09-30 | $20.1M | $706,000 | +3.65% |
| Q2 2025 | 2025-06-30 | $19.1M | $98,000 | +0.52% |
| Q1 2025 | 2025-03-31 | $19.4M | −$335,000 | −1.70% |
| Q4 2024 | 2024-12-31 | $20.4M | $2.2M | +11.77% |
| Q3 2024 | 2024-09-30 | $19.4M | $1.1M | +5.76% |
| Q2 2024 | 2024-06-30 | $19.0M | $482,000 | +2.60% |
| Q1 2024 | 2024-03-31 | $19.7M | −$832,000 | −4.05% |
| Q4 2023 | 2023-12-31 | $18.3M | −$1.6M | −8.18% |
| Q3 2023 | 2023-09-30 | $18.3M | −$946,000 | −4.91% |
| Q2 2023 | 2023-06-30 | $18.5M | −$2.1M | −10.03% |
| Q1 2023 | 2023-03-31 | $20.5M | $1.2M | +6.04% |
| Q4 2022 | 2022-12-31 | $19.9M | −$605,000 | −2.95% |
| Q3 2022 | 2022-09-30 | $19.3M | $2.8M | +16.97% |
| Q2 2022 | 2022-06-30 | $20.6M | $5.1M | +32.60% |
| Q1 2022 | 2022-03-31 | $19.4M | $3.7M | +23.86% |
| Q4 2021 | 2021-12-31 | $20.5M | $4.9M | +31.36% |
| Q3 2021 | 2021-09-30 | $16.5M | −$166,000 | −1.00% |
| Q2 2021 | 2021-06-30 | $15.5M | $2.9M | +22.77% |
| Q1 2021 | 2021-03-31 | $15.6M | $982,000 | +6.70% |
| Q4 2020 | 2020-12-31 | $15.6M | $2.5M | +19.36% |
| Q3 2020 | 2020-09-30 | $16.6M | $3.2M | +23.73% |
| Q2 2020 | 2020-06-30 | $12.6M | −$2.0M | −13.75% |
| Q1 2020 | 2020-03-31 | $14.6M | $2.0M | +16.23% |
| Q4 2019 | 2019-12-31 | $13.1M | $1.4M | +12.29% |
| Q3 2019 | 2019-09-30 | $13.4M | $1.3M | +10.40% |
| Q2 2019 | 2019-06-30 | $14.7M | $1.6M | +12.04% |
| Q1 2019 | 2019-03-31 | $12.6M | −$684,000 | −5.15% |
| Q4 2018 | 2018-12-31 | $11.6M | — | — |
| Q3 2018 | 2018-09-30 | $12.2M | $42,000 | +0.35% |
| Q2 2018 | 2018-06-30 | $13.1M | $802,000 | +6.53% |
| Q1 2018 | 2018-03-31 | $13.3M | — | — |
| Q3 2017 | 2017-09-30 | $12.1M | — | — |
| Q2 2017 | 2017-06-30 | $12.3M | — | — |
First Western Financial operating expenses trends
Over the last five fiscal years, First Western Financial's operating expenses increased from $59.5M to $79.8M, a change of $20.3M. The latest reported quarter, Q2 2026, shows $21.2M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review First Western Financial source filings ↗