Finward Bancorp
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Finward Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 17% to $65,301,000. Profit margin reached 13%. Total operating expenses were $65,301,000.
Profit Margin
| 2014 | 31.43M | 7.39M | 23.52% |
|---|---|---|---|
| 2015 | 34.22M | 7.85M | 22.95% |
| 2016 | 37.66M | 9.14M | 24.27% |
| 2017 | 38.51M | 8.96M | 23.26% |
| 2018 | 43.45M | 9.33M | 21.49% |
| 2019 | 53.82M | 12.09M | 22.47% |
| 2020 | 64.02M | 15.93M | 24.88% |
| 2021 | 64.52M | 14.96M | 23.19% |
| 2022 | 78.65M | 15.08M | 19.17% |
| 2023 | 65.30M | 8.38M | 12.83% |
FNWD Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 65.30M | 78.65M | 64.52M | 64.02M | 53.82M | 43.45M | 38.51M | 37.66M | 34.22M | 31.43M |
Cost of revenue | -31.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 96.52M | 78.65M | 64.52M | 64.02M | 53.82M | 43.45M | 38.51M | 37.66M | 34.22M | 31.43M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 840K | 1.90M | 1.08M | 732K | 926K | 707K | 595K | 517K | 548K | 496K |
Total operating expenses | 65.30M | 1.90M | -48.14M | -44.53M | -39.97M | -27.6M | 595K | 517K | 548K | 496K |
Operating income | 15.20M | 15.47M | 16.37M | 19.49M | 13.85M | 15.85M | 14.42M | 14.03M | 11.66M | 11.36M |
Other income (expenses), net | -7.16M | 1.08M | 16.37M | 0 | 13.85M | -5.09M | 0 | -2.34M | 0 | 0 |
Income before tax | 8.04M | 16.55M | 16.37M | 19.49M | 13.85M | 10.76M | 11.83M | 11.69M | 9.65M | 9.54M |
Income tax expense | -335K | 1.47M | 1.41M | 2.89M | 1.75M | 1.43M | 2.86M | 2.54M | 1.79M | 2.15M |
Net income | 8.38M | 15.08M | 14.96M | 15.93M | 12.09M | 9.33M | 8.96M | 9.14M | 7.85M | 7.39M |
Earnings per share | ||||||||||
Basic EPS | 1.96 | 3.61 | 4.3 | 4.6 | 3.53 | 3.17 | 3.13 | 3.2 | 2.75 | 2.6 |
Diluted EPS | 1.96 | 3.6 | 4.3 | 4.6 | 3.53 | 3.08 | 3.13 | 3.2 | 2.75 | 2.6 |
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