Finward Bancorp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/30/23 | FY 12/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $31.2M | — | $4.9M |
| Pretax income | $8.1M | $13.5M | $8.0M | — | $16.6M |
| Income tax expense | $23,000 | $1.3M | -$335,000 | — | $1.5M |
| Net income | $8.1M | $12.1M | $8.4M | — | $15.1M |
| Balance Sheet | |||||
| Total assets | $2.0B | $2.1B | $2.1B | — | $2.1B |
| Total liabilities | $1.8B | $1.9B | $2.0B | — | $1.9B |
| Total debt | — | $65.0M | $80.0M | — | — |
| Stockholders' equity | $174.7M | $151.4M | $147.3M | $136.4M | $130.3M |
| Cash Flow Statement | |||||
| Cash from operations | $9.9M | $9.8M | $24.2M | — | $17.7M |
| Depreciation and amortization | $6.2M | $7.3M | $7.2M | — | $6.0M |
| Stock-based compensation | $447,000 | $565,000 | $719,000 | — | $741,000 |
| Capital expenditure | $853,000 | $3.1M | $1.1M | — | $3.0M |
| Free cash flow | $9.0M | $6.7M | $23.1M | — | $14.7M |
| Dividends paid | $1.6M | $2.1M | $5.3M | — | $5.1M |
| Impairments | $0 | $0 | $0 | — | $0 |
Shares outstanding 4.3M · Free float 70.2%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.