Finward Bancorp (FNWD) Research & Development (2010 - 2025)
Finward Bancorp (FNWD) posted Research & Development of $1.0 million for Q1 2025, down 8.46% sequentially from $1.1 million in Q2 2024, and down 11.2% YoY from $1.2 million in Q1 2024.
Finward Bancorp (FNWD) Research & Development (2010 - 2025) Analysis & Trends
Finward Bancorp has reported Research & Development for 16 years, with the latest figure at $1.0 million in Q1 2025.
- Quarterly Research & Development fell 11.2% year-over-year to $1.0 million in Q1 2025, while the trailing twelve-month figure through Mar 2025 was $4.6 million (down 6.45% YoY) and the FY2024 annual result came in at $4.7 million, down 1.31% from the prior year.
- Research & Development eased to $1.0 million in Q1 2025 per FNWD's latest filing, from $1.1 million in the prior quarter.
- Over five years, Research & Development peaked at $3.1 million in Q1 2022 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 353.12% in 2022, then plunged 68.14% in 2023.
- Over 5 years, Research & Development stood at $1.7 million in 2021, then retreated by 25.02% to $1.2 million in 2022, then gained by 2.5% to $1.3 million in 2023, then dropped by 10.56% to $1.1 million in 2024, then retreated by 8.46% to $1.0 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $1.0 million, $1.1 million, and $1.2 million for Q1 2025, Q2 2024, and Q1 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.14 Bn | 84.95 Bn | - | - |
| 2 | Pnc Financial Services | 97.39 Bn | 97.39 Bn | - | - |
| 3 | Us Bancorp | 95.69 Bn | 95.69 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.84 Bn | -144.25 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.83 Bn | -81.48 Bn | - | - |
| 7 | Nu Holdings | 70.97 Bn | 57.29 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.50 Bn | 61.50 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.44 Bn | 25.72 Bn | - | 250.00 Mn |
| 10 | Finward Bancorp | 185.87 Mn | 91.23 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |