15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Free cash flow has declined 10.8% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 19.3% of earnings and 17.2% of free cash flow.
The dividend has declined 18.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
—
$8M
—
—
$9M
—
—
2024
—
$12M
—
—
$7M
$65M
—
2023
—
$8M
—
—
$23M
$80M
—
2022
—
$15M
—
—
$15M
—
—
2021
—
$15M
—
—
$14M
—
—
2020
—
$16M
—
—
$16M
—
—
2019
—
$12M
—
—
$8M
—
$47M
2018
—
$9M
—
—
$10M
—
$17M
2017
—
$9M
—
—
$11M
—
$11M
2016
—
$9M
—
—
$9M
—
$44M
2015
—
$8M
—
—
—
—
$12M
2014
—
$7M
—
—
—
—
$22M
2013
—
$7M
—
—
—
—
$20M
2012
—
$7M
—
—
$8M
—
$34M
2011
—
$5M
—
—
$14M
—
$26M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
—
$2M
—
—
$4M
—
—
Dec '25
—
$2M
—
—
$8M
—
—
Sep '25
—
$3M
—
—
$1M
—
—
Jun '25
—
$2M
—
—
$4M
—
—
Mar '25
—
$455000
—
—
-$4M
$57M
—
Dec '24
—
$2M
—
—
$11M
$65M
—
Sep '24
—
$606000
—
—
-$4M
—
—
Jun '24
—
$143000
—
—
$1M
—
—
Mar '24
—
$9M
—
—
-$736000
—
—
Dec '23
—
$2M
—
—
$1M
$80M
—
Sep '23
—
$2M
—
—
$5M
—
—
Jun '23
—
$2M
—
—
$13M
—
—
Mar '23
—
$2M
—
—
$4M
—
—
Dec '22
—
$4M
—
—
$6M
—
—
Sep '22
—
$5M
—
—
$5M
—
—
Jun '22
—
$4M
—
—
$4M
—
—
Mar '22
—
$2M
—
—
-$497000
—
—
Dec '21
—
$3M
—
—
-$2M
—
—
Sep '21
—
$4M
—
—
$2M
—
—
Jun '21
—
$4M
—
—
-$3M
—
—
Valuation over time
How the market has priced FNWD against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 8.3× (Mar '23) to 18.3× (Jun '26).
The dividend yield has fallen from 4.0% (Mar '23) to 1.1% (Jun '26).
Price / earnings (P/E)
P/E
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is FNWD growing its revenue and profit?
See the revenue and net-income charts above for Finward Bancorp's multi-year trend.
How much debt does FNWD have?
As of FY2025, Finward Bancorp reported — of total debt against — of cash.
What is FNWD's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is FNWD's P/E ratio?
As of Jun '26, Finward Bancorp traded at a price-to-earnings ratio of about 18.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.