Finward Bancorp income statement
In fiscal 2025, Finward Bancorp reported revenue of $66.0m, down 7.1% on the year before and net income of $8.1m, or $1.88 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 31 | 30 | 31 | 30 | 31 | 34 | 38 | 39 | 43 | 54 | 64 | 65 | 79 | 65 | 71 | 66 | 69 |
| Interest expense | 5 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 5 | 9 | 6 | 2 | 5 | 31 | — | — | — |
| Net interest income | 25 | 24 | 24 | 24 | 25 | 27 | 30 | 31 | 34 | 43 | 46 | 49 | 67 | 55 | 48 | 57 | 60 |
| Non-interest income | 6 | 6 | 8 | 5 | 6 | 7 | 8 | 8 | 9 | 11 | 18 | 16 | 12 | 11 | 23 | 9 | 9 |
| Non-interest expense | 19 | 20 | 20 | 20 | 21 | 24 | 25 | 25 | 31 | 37 | 42 | 47 | 62 | 55 | 58 | 58 | 59 |
| Provision for credit losses | 6 | 4 | 2 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 0 | 2 | −1 | −0 | 0 |
| Income before tax | 6 | 7 | 9 | 10 | 10 | 10 | 12 | 12 | 11 | 14 | 19 | 16 | 17 | 8 | 13 | 8 | 11 |
| Income tax | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 1 | 2 | 3 | 1 | 1 | −0 | 1 | 0 | 1 |
| Net income | 5 | 5 | 7 | 7 | 7 | 8 | 9 | 9 | 9 | 12 | 16 | 15 | 15 | 8 | 12 | 8 | 10 |
| Diluted EPS | $1.83 | $1.90 | $2.41 | $2.50 | $2.60 | $2.75 | $3.20 | $3.13 | $3.17 | $3.53 | $4.60 | $4.30 | $3.60 | $1.96 | $2.84 | $1.88 | $2.28 |
| Diluted shares (average) | — | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 4m | 4m | 4m | 4m | 4m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 16 | 16 | 17 | 17 | 17 | 17 | 18 |
| Net interest income | 12 | 13 | 13 | 14 | 14 | 15 | 15 | 15 |
| Non-interest income | 3 | 4 | 2 | 3 | 3 | 1 | 2 | 2 |
| Non-interest expense | 14 | 14 | 14 | 15 | 14 | 15 | 15 | 15 |
| Provision for credit losses | 0 | −1 | 0 | −0 | 0 | −0 | 0 | 0 |
| Income before tax | 0 | 3 | 1 | 2 | 4 | 2 | 3 | 2 |
| Income tax | −0 | 1 | 0 | −0 | 0 | −0 | 0 | 0 |
| Net income | 1 | 2 | 0 | 2 | 3 | 2 | 2 | 2 |
| Diluted EPS | $0.14 | $0.49 | $0.11 | $0.50 | $0.81 | $0.46 | $0.52 | $0.48 |
Compare with peers
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