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| 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 |