Finward Bancorp financials
$42.17−0.66%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $101.1M | $111.8M | $96.5M | $83.5M | $66.6M |
| Gross profit | $66.0M | $71.1M | $65.3M | $78.7M | $64.5M |
| Gross margin | 65.3% | 63.6% | 67.6% | 94.2% | 96.9% |
| Operating income | $8.1M | $13.5M | $8.0M | $16.6M | $16.4M |
| Net income | $8.1M | $12.1M | $8.4M | $15.1M | $15.0M |
| Net margin | 8.0% | 10.8% | 8.7% | 18.1% | 22.5% |
| Diluted EPS | $1.88 | $2.84 | $1.96 | $3.60 | $4.30 |
| EBITDA | $8.1M | $13.5M | $8.0M | $17.8M | $16.4M |
| Operating cash flow | $9.9M | $9.8M | $24.2M | $17.7M | $16.9M |
| Free cash flow | $9.9M | -$4.8M | $23.9M | $16.5M | $13.8M |
| Diluted shares | 4.3M | 4.3M | 4.3M | 4.2M | 3.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $18.3M | $17.9M | $17.9M | $22.4M | $14.4M |
| Short-term investments | $424.2M | $392.8M | $446.0M | $388.8M | $550.6M |
| Total debt | $45.0M | $65.0M | $80.0M | $120.0M | $0.00 |
| Total assets | $2.02B | $2.06B | $2.11B | $2.07B | $1.62B |
| Total liabilities | $1.85B | $1.91B | $1.96B | $1.93B | $1.46B |
| Shareholders' equity | $174.7M | $151.4M | $147.3M | $136.4M | $156.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology