Finward Bancorp (FNWD) Rent Expense (2010 - 2026)
Finward Bancorp (FNWD) posted Rent Expense of $2.0 million for Q1 2026, down 5.68% sequentially from $2.1 million in Q4 2025, and down 5.68% YoY from $2.1 million in Q1 2025.
Finward Bancorp (FNWD) Rent Expense (2010 - 2026) Analysis & Trends
Finward Bancorp has reported Rent Expense for 17 years, with the latest figure at $2.0 million in Q1 2026.
- Quarterly Rent Expense fell 5.68% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.0 million (down 4.87% YoY) and the FY2025 annual result came in at $8.2 million, down 1.08% from the prior year.
- Rent Expense declined to $2.0 million in Q1 2026 per FNWD's latest filing, from $2.1 million in the prior quarter.
- Over five years, Rent Expense peaked at $2.2 million in Q3 2024 and troughed at $1.5 million in Q4 2023.
- A 5-year average of $1.9 million and a median of $1.9 million in 2024 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2023 and 2024: Rent Expense retreated 15.3% in 2023, then jumped 37.8% in 2024.
- Over 5 years, Rent Expense stood at $1.8 million in 2022, then dropped by 15.3% to $1.5 million in 2023, then soared by 37.8% to $2.0 million in 2024, then advanced by 3.23% to $2.1 million in 2025, then declined by 5.68% to $2.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $2.0 million, $2.1 million, and $2.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | Finward Bancorp | 186.94 Mn | 92.30 Mn | - | 1.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.74 Mn |
| Jun 30, 2026 | 1.74 Mn |
| Mar 31, 2026 | 1.99 Mn |
| Mar 31, 2026 | 1.99 Mn |
| Dec 31, 2025 | 2.11 Mn |
| Dec 31, 2025 | 2.11 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 1.94 Mn |
| Jun 30, 2025 | 1.94 Mn |
| Mar 31, 2025 | 2.11 Mn |
| Mar 31, 2025 | 2.11 Mn |
| Dec 31, 2024 | 2.05 Mn |
| Dec 31, 2024 | 2.05 Mn |
| Sep 30, 2024 | 2.18 Mn |
| Sep 30, 2024 | 2.18 Mn |
| Jun 30, 2024 | 2.12 Mn |
| Jun 30, 2024 | 2.12 Mn |
| Mar 31, 2024 | 1.92 Mn |
| Mar 31, 2024 | 1.92 Mn |