Finward Bancorp (FNWD) — Financial statements
Income statement, balance sheet, and cash flow for Finward Bancorp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 101↓9.6% | 112↑15.8% | 97↑15.5% | 84↑25.4% | 67 | |
| Cost of Revenue | 35↓13.5% | 40↑21.0% | 33↑580.6% | 5↑36.1% | 4 | |
| Gross Profit | 66↓7.5% | 72↑13.2% | 63↓19.6% | 79↑24.8% | 63 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 38↑27.8% | 30↓0.4% | 30↓1.9% | 30↑20.4% | 25 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 0.80↓4.9% | 0.84↓56.0% | 2↑75.8% | 1 | |
| SG&A Expenses | 38↑24.5% | 30↓0.6% | 30↓5.1% | 32↑22.7% | 26 | |
| Other Expenses | 20↓26.7% | 28↑12.5% | 25↓17.5% | 30↑46.6% | 20 | |
| Operating Expenses | 58↓0.0% | 58↑5.3% | 55↓11.1% | 62↑33.2% | 47 | |
| Total Costs & Expenses | 93↓5.5% | 98↑11.2% | 88↑32.1% | 67↑33.4% | 50 | |
| Operating Results | ||||||
| Operating Income | 8↓39.7% | 13↑67.2% | 8↓51.4% | 17↑1.1% | 16 | |
| Depreciation & Amortization | 0.00↓100.0% | 7↑1.8% | 7↑20.0% | 6↑30.9% | 5 | |
| EBITDA | 8↓60.9% | 21↑36.4% | 15↓32.5% | 23↑7.6% | 21 | |
| EBIT | 8↓39.7% | 13↑67.2% | 8↓51.4% | 17↑1.1% | 16 | |
| Interest & Other Income | ||||||
| Net Interest Income | 57↑17.1% | 48↓11.2% | 55↓18.8% | 67↑38.2% | 49 | |
| Interest Income | 92↑2.9% | 89↑4.0% | 86↑19.1% | 72↑42.2% | 51 | |
| Interest Expense | 35↓14.0% | 41↑30.4% | 31↑539.1% | 5↑134.9% | 2 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 8↓39.7% | 13↑67.2% | 8↓51.4% | 17↑1.1% | 16 | |
| Income Tax Expense | 0.02↓98.3% | 1↑495.5% | -0.34↓122.7% | 1↑4.5% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 8↓33.3% | 12↑44.7% | 8↓44.4% | 15↑0.8% | 15 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 8↓33.3% | 12↑44.7% | 8↓44.4% | 15↑0.8% | 15 | |
| Bottom-Line Net Income | 8↓33.3% | 12↑44.7% | 8↓44.4% | 15↑0.8% | 15 | |
| EPS (Basic) | 1.89↓33.5% | 2.84↑44.9% | 1.96↓45.7% | 3.61↓16.0% | 4.30 | |
| EPS (Diluted) | 1.88↓33.8% | 2.84↑44.9% | 1.96↓45.6% | 3.60↓16.3% | 4.30 | |
| Weighted Average Shares | 4↑0.0% | 4↓0.1% | 4↑2.4% | 4↑20.1% | 3 | |
| Weighted Average Diluted Shares | 4↑0.5% | 4↓0.3% | 4↑2.1% | 4↑20.6% | 3 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.