Finward Bancorp (FNWD) Interest Expense - Fed Funds (2010 - 2026)
Finward Bancorp (FNWD) recorded Interest Expense - Fed Funds of $233,000 in Q2 2026, down 37.0% from $370,000 a year earlier and down 14.3% from the prior quarter.
Finward Bancorp (FNWD) Interest Expense - Fed Funds (2010 - 2026) Analysis & Trends
On a TTM basis, Finward Bancorp's Interest Expense - Fed Funds came in at $1.22 million as of Jun 30, 2026, down 21.4% year-over-year; for FY2025, it was $1.43 million, down 10.6% from FY2024.
- Annual Interest Expense - Fed Funds has a five-year compound annual growth rate of 75.1% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Fed Funds came in at $1.6 million in FY2024 (+23.6%), $1.29 million in FY2023 (+563.6%), $195,000 in FY2022 (+314.9%) and $47,000 in FY2021 (-46.0%).
- The Q2 2026 figure is the lowest quarterly Interest Expense - Fed Funds since Q1 2023.
- On a year-over-year basis, Interest Expense - Fed Funds has declined for eight consecutive quarters, with an average decline of 13.0% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Fed Funds in the last five years was growth of 764.7% in Q3 2023, against a decline of 37.0% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $272,000 (Q1 2026), $320,000 (Q4 2025) and $392,000 (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 233,000.00 |
| Mar 31, 2026 | 272,000.00 |
| Dec 31, 2025 | 320,000.00 |
| Sep 30, 2025 | 392,000.00 |
| Jun 30, 2025 | 370,000.00 |
| Mar 31, 2025 | 348,000.00 |
| Dec 31, 2024 | 396,000.00 |
| Sep 30, 2024 | 435,000.00 |
| Jun 30, 2024 | 399,000.00 |
| Mar 31, 2024 | 370,000.00 |
| Dec 31, 2023 | 402,000.00 |
| Sep 30, 2023 | 441,000.00 |
| Jun 30, 2023 | 330,000.00 |
| Mar 31, 2023 | 121,000.00 |
| Dec 31, 2022 | 102,000.00 |
| Sep 30, 2022 | 51,000.00 |
| Jun 30, 2022 | 26,000.00 |
| Mar 31, 2022 | 16,000.00 |
| Dec 31, 2021 | 12,000.00 |
| Sep 30, 2021 | 13,000.00 |
Finward Bancorp Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=FNWD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "FNWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=FNWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();