Finward Bancorp (FNWD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 15.07M | 15.04M | 14.44M | 13.95M | 13.31M | 12.61M | 12.01M | 12.05M | 11.78M | 12.71M | 13.13M | 14.04M | 14.67M | 16.81M | 17.51M | 17.3M | 15.54M | 12.46M | 12.2M | 11.87M |
| NII Growth % | 13.21% | 19.31% | 20.3% | 15.69% | 13.01% | -0.85% | -8.58% | -14.14% | -19.69% | -24.36% | -24.98% | -18.84% | -5.58% | 34.94% | 43.5% | 45.7% | 28.96% | 2.89% | 4.38% | 4% |
| Net Interest Margin % | 0.75% | 0.74% | 0.7% | 0.68% | 0.65% | 0.61% | 0.58% | 0.58% | 0.57% | 0.6% | 0.63% | 0.65% | 0.7% | 0.81% | 0.85% | 0.82% | 0.74% | 0.77% | 0.76% | 0.74% |
| Interest Income | 22.72M | 23.41M | 23.34M | 22.67M | 22.34M | 22.59M | 22.47M | 22.13M | 21.98M | 22.26M | 21.78M | 21.61M | 20.14M | 19.86M | 18.54M | 17.74M | 15.89M | 12.83M | 12.67M | 12.44M |
| Interest Expense | 7.65M | 8.37M | 8.9M | 8.72M | 9.03M | 9.99M | 10.47M | 10.07M | 10.2M | 9.54M | 8.64M | 7.57M | 5.47M | 3.05M | 1.03M | 442K | 359K | 370K | 466K | 563K |
| Loan Loss Provision | 55K | -84K | -301K | -274K | 454K | -579K | 0 | 76K | 0 | 779K | 244K | 514K | 488K | 0 | 0 | 0 | 0 | 216K | 139K | 576K |
| Non-Interest Income | 2.42M | 1.47M | 2.91M | 2.68M | 2.23M | 3.73M | 2.87M | 2.57M | 13.47M | 2.73M | 2.4M | 3.01M | 2.61M | 2.84M | 2.63M | 2.9M | 3.14M | 3.81M | 4.15M | 3.68M |
| Non-Interest Income % | 9.61% | 5.92% | 11.1% | 10.58% | 9.07% | 14.17% | 11.31% | 10.42% | 38% | 10.94% | 9.92% | 12.21% | 11.47% | 12.51% | 12.42% | 14.03% | 16.51% | 22.89% | 24.66% | 22.84% |
| Total Revenue | 25.14M | 24.88M | 26.25M | 25.35M | 24.57M | 26.33M | 25.34M | 24.7M | 35.46M | 24.99M | 24.18M | 24.62M | 22.74M | 22.7M | 21.17M | 20.64M | 19.04M | 16.64M | 16.81M | 16.11M |
| Revenue Growth % | 2.31% | -5.47% | 3.61% | 2.64% | -30.71% | 5.34% | 4.81% | 0.33% | 55.9% | 10.09% | 14.2% | 19.3% | 19.47% | 36.47% | 25.92% | 28.05% | 11.73% | -6.08% | -4.97% | -10.23% |
| Non-Interest Expense | 14.77M | 14.78M | 14.1M | 14.79M | 14.47M | 14.25M | 14.47M | 14.42M | 15M | 13.52M | 13.49M | 13.99M | 14.23M | 15.64M | 15.01M | 15.18M | 16.27M | 12.73M | 12.4M | 11.01M |
| Efficiency Ratio | 58.75% | 59.4% | 53.7% | 58.32% | 58.9% | 54.12% | 57.12% | 58.37% | 42.31% | 54.08% | 55.81% | 56.85% | 62.55% | 68.92% | 70.91% | 73.54% | 85.46% | 76.54% | 73.76% | 68.32% |
| Operating Income | 2.67M | 1.82M | 3.56M | 2.12M | 616K | 2.67M | 399K | 134K | 10.25M | 1.16M | 1.79M | 2.54M | 2.56M | 4M | 5.13M | 5.02M | 2.41M | 3.32M | 3.81M | 3.97M |
| Operating Margin % | 10.6% | 7.31% | 13.56% | 8.35% | 2.51% | 10.14% | 1.57% | 0.54% | 28.91% | 4.62% | 7.42% | 10.3% | 11.26% | 17.63% | 24.22% | 24.32% | 12.66% | 19.94% | 22.64% | 24.61% |
| Operating Income Growth % | 332.63% | -31.91% | 792.23% | 1479.1% | -93.99% | 131.17% | -77.75% | -94.72% | 300.27% | -71.15% | -65.03% | -49.46% | 6.27% | 20.68% | 34.71% | 26.53% | -54.43% | -10.11% | -32.74% | -33.23% |
| Pretax Income | 2.67M | 1.82M | 3.56M | 2.12M | 616K | 2.67M | 399K | 134K | 10.25M | 1.16M | 1.79M | 2.54M | 2.56M | 4M | 5.13M | 5.02M | 2.41M | 3.32M | 3.81M | 3.97M |
| Pretax Margin % | 10.6% | 7.31% | 13.56% | 8.35% | 2.51% | 10.14% | 1.57% | 0.54% | 28.91% | 4.62% | 7.42% | 10.3% | 11.26% | 17.63% | 24.22% | 24.32% | 12.66% | 19.94% | 22.64% | 24.61% |
| Income Tax | 423K | -166K | 63K | -35K | 161K | 569K | -207K | -9K | 972K | -356K | -398K | 98K | 321K | 45K | 571K | 587K | 275K | 6K | 268K | 395K |
| Effective Tax Rate % | 15.87% | -9.13% | 1.77% | -1.65% | 26.14% | 21.31% | -51.88% | -6.72% | 9.48% | -30.82% | -22.2% | 3.86% | 12.53% | 1.12% | 11.14% | 11.7% | 11.41% | 0.18% | 7.04% | 9.96% |
| Net Income | 2.24M | 1.98M | 3.5M | 2.15M | 455K | 2.1M | 606K | 143K | 9.28M | 1.51M | 2.19M | 2.44M | 2.24M | 3.96M | 4.56M | 4.43M | 2.13M | 3.31M | 3.54M | 3.57M |
| Net Margin % | 8.92% | 7.97% | 13.32% | 8.48% | 1.85% | 7.98% | 2.39% | 0.58% | 26.17% | 6.05% | 9.06% | 9.9% | 9.85% | 17.44% | 21.52% | 21.47% | 11.21% | 19.9% | 21.04% | 22.16% |
| Net Income Growth % | 392.75% | -5.57% | 477.06% | 1404.2% | -95.1% | 39.05% | -72.34% | -94.13% | 314.24% | -61.82% | -51.91% | -44.98% | 4.92% | 19.54% | 28.77% | 24.08% | -53% | -3.92% | -24.51% | -26.39% |
| Net Income (Continuing) | 2.24M | 1.98M | 3.5M | 2.15M | 455K | 2.1M | 606K | 143K | 9.28M | 1.51M | 2.19M | 2.44M | 2.24M | 3.96M | 4.56M | 4.43M | 2.13M | 3.31M | 3.54M | 3.57M |
| EPS (Diluted) | 0.52 | 0.46 | 0.81 | 0.50 | 0.11 | 0.49 | 0.14 | 0.03 | 2.17 | 0.35 | 0.51 | 0.57 | 0.51 | 0.93 | 1.07 | 1.04 | 0.53 | 0.95 | 1.02 | 1.05 |
| EPS Growth % | 372.73% | -6.12% | 478.57% | 1392.54% | -94.93% | 40% | -72.55% | -94.12% | 325.49% | -62.37% | -52.34% | -45.19% | -3.77% | -2.11% | 4.9% | -0.95% | -60.45% | -5% | -28.17% | -28.08% |
| EPS (Basic) | 0.52 | 0.46 | 0.82 | 0.50 | 0.11 | 0.49 | 0.14 | 0.03 | 2.18 | 0.36 | 0.52 | 0.57 | 0.52 | 0.93 | 1.07 | 1.04 | 0.53 | 0.95 | 1.02 | 1.05 |
| Diluted Shares Outstanding | 4.3M | 4.3M | 4.3M | 4.29M | 4.27M | 4.31M | 4.28M | 4.27M | 4.27M | 4.31M | 4.26M | 4.26M | 4.35M | 4.3M | 4.26M | 4.3M | 4.02M | 3.49M | 3.48M | 3.48M |