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

Finward Bancorp has disclosed Research & Development across 16 years of filings, most recently posting $1.0 million for Q1 2025.

• In Q1 2025, Research & Development fell 11.2% year-over-year to $1.0 million; the TTM figure through Mar 2025 stood at $4.6 million (down 6.45% YoY), while the FY2024 annual figure was $4.7 million, down 1.31% from the prior year.
• Research & Development came in at $1.0 million for Q1 2025 at Finward Bancorp, down 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.
• Average Research & Development over 5 years is $1.2 million, with a median of $1.2 million recorded in 2024.
• Year-over-year, Research & Development surged 353.12% in 2022 and tumbled 68.14% in 2023.
• Over 5 years, Research & Development stood at $1.7 million in 2021, then declined by 25.02% to $1.2 million in 2022, then increased by 2.5% to $1.3 million in 2023, then decreased by 10.56% to $1.1 million in 2024, then declined by 8.46% to $1.0 million in 2025.
• Per Business Quant data, the three most recent Research & Development figures were $1.0 million in Q1 2025, $1.1 million in Q2 2024, and $1.2 million in Q1 2024.