Finward Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	81.08	80.34	77.52	74.76	62.13	41.57
Interest Income on Investments	11.46	11.43	11.66	11.02	9.9	9.08
Total Interest Income	92.54	91.76	89.18	85.78	72.04	50.66
Interest Paid on Deposits	29.72	31.43	35.16	25.44	3.6	2
Interest Paid on Borrowings	3.08	3.59	5.57	5.79	1.28	0.08
Total Interest Expense	32.8	35.02	40.73	31.23	4.89	2.08
Net Interest Income	59.74	56.74	48.45	54.56	67.15	48.58
Net Interest Income Growth	15.16%	17.12%	-11.20%	-18.75%	38.24%	5.87%
Trust Income	2.83	2.73	2.86	2.48	2.11	2.38
Gain (Loss) on Sale of Assets	-0.24	-0.06	11.66	-	-1.54	-
Gain (Loss) on Sale of Investments	-1.55	-1.49	0.71	-0.06	0.66	1.99
Other Non-Interest Income	7.07	6.89	6.29	6.97	7.35	6.24
Total Non-Interest Income	9.2	9.3	22.65	10.75	9.97	15.95
Non-Interest Income Growth	-20.06%	-58.94%	110.75%	7.74%	-37.45%	-12.13%
Revenues Before Loan Losses	68.94	66.04	71.09	65.3	77.12	64.52
Provision for Loan Losses	-0.07	-0.21	-0.5	2.03	-	1.51
Revenue	69	66.25	71.6	63.28	77.12	63.01
Revenue Growth	8.19%	-7.47%	13.15%	-17.95%	22.39%	4.43%
Salaries and Employee Benefits	30.08	29.14	27.17	26.94	28.12	23.67
Occupancy Expenses	5.65	5.96	6.48	6.28	6.79	5.54
Federal Deposit Insurance	1.54	1.72	1.79	2	1.23	0.86
Selling, General & Administrative	15.19	14.69	15.45	12.33	8.55	6.51
Other Non-Interest Expense	6.05	6.62	7.25	7.68	13.04	10.06
Total Non-Interest Expense	58.5	58.14	58.14	55.23	57.71	46.64
EBT Excluding Unusual Items	10.5	8.11	13.46	8.05	19.41	16.38
Pretax Income	10.5	8.11	13.46	8.05	16.56	16.38
Income Tax Expense	0.68	0.02	1.33	-0.34	1.48	1.41
Net Income	9.82	8.09	12.13	8.38	15.08	14.96
Net Income to Common	9.82	8.09	12.13	8.38	15.08	14.96
Net Income Growth	84.75%	-33.33%	44.75%	-44.43%	0.78%	-6.08%
Basic Shares Outstanding	4	4	4	4	4	3
Diluted Shares Outstanding	4	4	4	4	4	3
Shares Change	0.48%	0.41%	-0.18%	2.12%	20.60%	0.44%
EPS (Basic)	2.30	1.89	2.85	1.96	3.61	4.30
EPS (Diluted)	2.27	1.88	2.84	1.96	3.60	4.30
EPS Growth	82.52%	-33.80%	44.90%	-45.56%	-16.28%	-6.52%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.480	0.360	0.480	1.050	1.240	1.240
Dividend Growth	33.33%	-25.00%	-54.29%	-15.32%	0%	0%
Effective Tax Rate	6.51%	0.28%	9.85%	-	8.93%	8.63%

SEC Filings: 10-K · 10-Q