Finward Bancorp
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $66.0M | $71.1M | $65.3M | $78.7M | $64.5M | $64.0M | $53.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $8.1M | $13.5M | $39.3M | $21.4M | $18.5M | $24.4M | $22.9M |
| Operating Margin | — | 12.3% | 18.9% | 60.1% | 27.3% | 28.6% | 38.2% | 42.6% |
| Interest Expense | — | — | — | $31.2M | $4.9M | $2.1M | $5.7M | $9.1M |
| Pretax Income | — | $8.1M | $13.5M | $8.0M | $16.6M | $16.4M | $18.7M | $13.9M |
| Income Tax Expense | — | $23.0K | $1.3M | $-335.0K | $1.5M | $1.4M | $2.8M | $1.8M |
| Net Income | — | $8.1M | $12.1M | $8.4M | $15.1M | $15.0M | $15.9M | $12.1M |
| Net Margin | — | 12.2% | 17.1% | 12.8% | 19.2% | 23.2% | 24.9% | 22.5% |
| EPS (Basic) | — | $1.89 | $2.85 | $1.96 | $3.61 | $4.30 | $4.60 | $3.53 |
| EPS (Diluted) | — | $1.88 | $2.84 | $1.96 | $3.60 | $4.30 | $4.60 | $3.53 |
| Shares Outstanding (Basic) | 4.3M | 4.3M | 4.3M | 4.3M | 4.2M | 3.5M | 3.5M | 3.4M |
| Shares Outstanding (Diluted) | 4.3M | 4.3M | 4.3M | 4.3M | 4.2M | 3.5M | 3.5M | 3.4M |
| Dividends Per Share | — | $0.36 | $0.48 | $1.05 | $1.24 | $1.24 | $1.24 | $1.23 |