Welcome to our dedicated page for FFW news (Ticker: FFWC), a resource for investors and traders seeking the latest updates and insights on FFW stock.
FFW Corp (FFWC) delivers community-focused banking services through deposit solutions, asset management, and strategic lending. This news hub provides investors and stakeholders with timely updates on corporate developments, financial disclosures, and operational milestones.
Access official press releases covering earnings reports, leadership changes, product launches, and regulatory filings. Our curated collection ensures transparent access to FFWC's financial trajectory and community initiatives without promotional bias.
Users will find updates on loan portfolio performance, risk management strategies, and local economic partnerships. Bookmark this page for streamlined tracking of FFWC's adherence to banking regulations and its impact on regional financial stability.
All content undergoes rigorous verification to maintain accuracy and compliance standards. Return regularly for insights into how FFWC balances traditional banking values with evolving market demands.
FFW (OTC PINK: FFWC), parent of Crossroads Bank, reported financial results for the fiscal year ended June 30, 2024. Net income for Q4 2024 was $1,118,000 ($0.99 per share), down from $1,343,000 ($1.19 per share) in Q4 2023. Full-year net income for FY2024 was $4,089,000 ($3.63 per share), compared to $5,698,000 ($5.03 per share) in FY2023.
Key financial metrics for FY2024 include:
- Net interest income: $14,477,000 (down from $16,399,000 in FY2023)
- Noninterest income: $4,144,000 (up from $4,005,000)
- Noninterest expense: $14,225,000 (up from $13,433,000)
- Return on average assets: 0.74% (down from 1.07%)
- Total assets: $567,363,000 (up from $543,245,000)
- Shareholders' equity: $48,515,000 (up from $46,385,000)
FFW (OTC PINK: FFWC), parent of Crossroads Bank, announced a quarterly cash dividend of $0.29 per share, payable on June 28, 2024, to shareholders of record as of June 14, 2024. The book value per share was $41.72 as of April 30, 2024, while the closing stock price was $34.54 on May 23, 2024, with 1,126,243 shares outstanding. As of April 30, 2024, FFW reported assets of $554.9 million and shareholders' equity of $47.0 million. The Board will continue to evaluate quarterly dividends. Crossroads Bank operates multiple banking centers and offers various financial services in Indiana.
FAQ
What is the current stock price of FFW (FFWC)?
What is the market cap of FFW (FFWC)?
