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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›FNWD›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Finward Bancorp (FNWD) financials

Income statement

Finward Bancorp (FNWD) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income$9.14M$8.96M$9.34M$12.1M$15.9M$15.0M$15.1M$8.38M$12.1M$8.09M
EPS (diluted)$3.20$3.13$3.17$3.53$4.60$4.30$3.60$1.96$2.84$1.88

Cash flow

Finward Bancorp (FNWD) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$10.4M$12.3M$10.5M$11.0M$19.7M$17.0M$17.7M$24.2M$9.80M$9.90M
Capital expenditures$1.71M$1.66M$1.01M$3.04M$3.73M$3.13M$3.03M$1.15M$3.07M$853K
Free cash flow$8.68M$10.6M$9.53M$7.92M$16.0M$13.9M$14.7M$23.1M$6.73M$9.05M
Dividends paid$3.14M$3.26M$3.43M$4.08M$4.29M$4.31M$5.08M$5.33M$2.07M$1.56M

Balance sheet

Finward Bancorp (FNWD) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$44.2M$11.0M$17.1M$47.3M——————
Total assets$914M$927M$1.10B$1.33B$1.50B$1.62B$2.07B$2.11B$2.06B$2.02B
Total liabilities$830M$835M$995M$1.19B$1.34B$1.46B$1.93B$1.96B$1.91B$1.85B
Shareholders' equity$84.1M$92.1M$101M$134M$152M$157M$130M$147M$151M$175M
Retained earnings$81.0M$86.5M$92.3M$100M$111M$122M$132M$129M$139M$146M
Shares (wtd avg diluted)2.86M2.86M2.95M3.43M3.46M3.48M4.19M4.28M4.27M4.29M

Every figure is extracted from Finward Bancorp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Finward Bancorp's free cash flow?
$9.05M in FY2025 (operating cash flow $9.90M minus $853K of capital expenditures), from the SEC cash-flow statement.
Does FNWD pay a dividend?
Yes — Finward Bancorp paid $1.56M in cash dividends during FY2025, per its SEC cash-flow statement.
Full FNWD analysis — verdict, score & filings →Is FNWD a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.