Finward Bancorp (FNWD) Rent Expense (2010 - 2026)
Finward Bancorp's (FNWD) quarterly Rent Expense came in at $1.7 million in Q2 2026, down 10.03% year-over-year from $1.9 million in Q2 2025, and down 12.56% quarter-over-quarter from $2.0 million in Q1 2026.
Analysis
Finward Bancorp (FNWD) Rent Expense (2010 - 2026) Analysis & Trends
Finward Bancorp has disclosed Rent Expense across 17 years of filings, most recently posting $1.7 million for Q2 2026.
- In Q2 2026, Rent Expense fell 10.03% year-over-year to $1.7 million; the TTM figure through Jun 2026 stood at $7.8 million (down 5.14% YoY), while the FY2025 annual figure was $8.2 million, down 1.08% from the prior year.
- Rent Expense came in at $1.7 million for Q2 2026 at Finward Bancorp, down from $2.0 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $2.2 million in Q3 2024 to a low of $1.5 million in Q4 2023.
- Average Rent Expense over 5 years is $1.9 million, with a median of $1.9 million recorded in 2022.
- Year-over-year, Rent Expense fell 15.3% in 2023 and soared 37.8% in 2024.
- Over 5 years, Rent Expense stood at $1.8 million in 2022, then decreased by 15.3% to $1.5 million in 2023, then jumped by 37.8% to $2.0 million in 2024, then rose by 3.23% to $2.1 million in 2025, then slipped by 17.53% to $1.7 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $1.7 million in Q2 2026, $2.0 million in Q1 2026, and $2.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 73.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | Finward Bancorp | 184.50 Mn | 89.86 Mn | - | 1.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.74 Mn |
| Mar 31, 2026 | 1.99 Mn |
| Dec 31, 2025 | 2.11 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 1.94 Mn |
| Mar 31, 2025 | 2.11 Mn |
| Dec 31, 2024 | 2.05 Mn |
| Sep 30, 2024 | 2.18 Mn |
| Jun 30, 2024 | 2.12 Mn |
| Mar 31, 2024 | 1.92 Mn |
| Dec 31, 2023 | 1.48 Mn |
| Sep 30, 2023 | 1.62 Mn |
| Jun 30, 2023 | 1.64 Mn |
| Mar 31, 2023 | 1.69 Mn |
| Dec 31, 2022 | 1.75 Mn |
| Sep 30, 2022 | 1.80 Mn |
| Jun 30, 2022 | 1.73 Mn |
| Mar 31, 2022 | 1.50 Mn |
| Dec 31, 2021 | 1.46 Mn |
| Sep 30, 2021 | 1.38 Mn |