Finward Bancorp (FNWD) Research & Development (2010 - 2025)

Finward Bancorp (FNWD) reported Research & Development of $1.0 million for Q1 2025, down 11.2% on a YoY basis from $1.2 million in Q1 2024, and down 8.46% sequentially from $1.1 million in Q2 2024.

Finward Bancorp (FNWD) Research & Development (2010 - 2025) Analysis & Trends

Finward Bancorp (FNWD) has 16 years of Research & Development data on file, last reported at $1.0 million in Q1 2025.

  • For the quarter ending Q1 2025, Research & Development fell 11.2% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2025 stood at $4.6 million (down 6.45% YoY), and the FY2024 full-year result was $4.7 million, down 1.31% from the prior year.
  • Research & Development eased to $1.0 million in Q1 2025, from $1.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $3.1 million in Q1 2022 to a low of $597000.0 in Q2 2021.
  • A 5-year average of $1.2 million and a median of $1.2 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development jumped 353.12% in 2022 and slumped 68.14% in 2023, its largest moves.
  • Tracing FNWD's Research & Development over 5 years: stood at $1.7 million in 2021, then dropped by 25.02% to $1.2 million in 2022, then grew by 2.5% to $1.3 million in 2023, then retreated by 10.56% to $1.1 million in 2024, then dropped by 8.46% to $1.0 million in 2025.
  • Business Quant data shows FNWD's Research & Development at $1.0 million in Q1 2025, $1.1 million in Q2 2024, and $1.2 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 1.10 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 554,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -
10 Finward Bancorp 193.14 Mn 74.38 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2025 1.04 Mn
Jun 30, 2024 1.14 Mn
Mar 31, 2024 1.17 Mn
Dec 31, 2023 1.27 Mn
Sep 30, 2023 1.09 Mn
Jun 30, 2023 1.41 Mn
Mar 31, 2023 973,000.00
Dec 31, 2022 1.24 Mn
Sep 30, 2022 1.21 Mn
Jun 30, 2022 1.25 Mn
Mar 31, 2022 3.05 Mn
Dec 31, 2021 1.65 Mn
Sep 30, 2021 872,000.00
Jun 30, 2021 597,000.00
Mar 31, 2021 674,000.00
Dec 31, 2020 596,000.00
Sep 30, 2020 583,000.00
Jun 30, 2020 532,000.00
Mar 31, 2020 556,000.00
Dec 31, 2019 560,000.00