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 Corporation (FFWC) is a savings institutions company in the finance and insurance sector and the parent corporation of Crossroads Bank. Its news flow, as reflected in public announcements, centers on quarterly and annual earnings, regular cash dividend declarations, capital and asset quality metrics, and governance developments at both FFW Corporation and Crossroads Bank.
Investors following FFW Corporation news can review detailed earnings releases that include consolidated balance sheets and income statements. These updates show interest and dividend income from loans and securities, interest expense on deposits and borrowings, net interest income, provisions for credit losses, noninterest income and expenses, and net income. The company also reports key ratios such as net interest margin, return on average assets, and return on average common equity, as well as information on nonperforming assets and the allowance for credit losses.
Another recurring theme in FFW Corporation’s news is its quarterly cash dividend announcements. Each dividend release specifies the per-share amount, record date, payment date, book value per share, recent trading prices, outstanding shares, and summary balance sheet figures such as total assets and shareholders’ equity. The company also highlights its active share repurchase program in earnings news, disclosing shares repurchased and average prices.
Governance and leadership updates appear in the company’s news as well, including the appointment of new board members and a new Board Chairman for FFW Corporation and Crossroads Bank. These stories describe board members’ professional backgrounds and community involvement. For ongoing insight into FFW Corporation’s reported financial performance, dividends, capital position, and board-level changes, readers can use this news page as a centralized source of the company’s public announcements over time.
FFW Corporation (OTC PINK: FFWC) has declared a quarterly cash dividend of $0.26 per share, payable on December 31, 2021, to shareholders recorded by December 17, 2021. As of October 31, 2021, the book value per share stood at $46.59, with the last trade at $47.50. The corporation reported assets totaling $512.1 million and shareholders' equity of $53.3 million. The Board will review dividend payments quarterly.
FFW Corporation (OTC PINK: FFWC) reported a net income of $1,471,000 ($1.28 per share) for Q3 2021, down from $1,748,000 ($1.53 per share) in Q3 2020. Their net interest income rose to $3,813,000 from $3,706,000 year-over-year. The provision for loan losses significantly decreased to $50,000 compared to $165,000 last year. Total noninterest income was $1,213,000, a decline from $1,982,000. The return on average equity fell to 10.72% from 13.71%, while total assets increased to $500,042,000, with a consistent equity-to-assets ratio of 10.75%.
FFW Corporation (OTC PINK: FFWC) announced management changes effective October 1, 2021. Jennifer Southers, Senior VP of Retail Banking, will retire on January 7, 2022, after 16 years with Crossroads Bank. Emily Boardman will be promoted to Executive VP and Chief Administrative Officer, overseeing the Retail Banking Division and various operational functions. Kirsten Pendarvis will be promoted to VP and Chief Financial Officer, managing all accounting and financial systems. These transitions aim to ensure seamless service for customers and employees.
FFW Corporation (OTC PINK: FFWC) has declared a quarterly cash dividend of $0.26 per share, payable on September 30, 2021, to shareholders of record on September 16, 2021. As of July 31, 2021, the book value of FFWC stock stood at $47.10 per share, with the last reported trading price at $46.00. The company reported total assets of $493.0 million and shareholders' equity of $54.0 million. The Board will continue to assess quarterly dividend payments.
FFW Corporation (OTC PINK: FFWC) reported its fiscal year earnings for the period ending June 30, 2021. The Corporation achieved a net income of $1,379,000, or $1.21 per share, reflecting a slight decrease from $1,399,000, or $1.23 per share, in the prior year. Total net income for the year was $6,476,000, up from $5,011,000. Total assets increased to $486,442,000, and equity rose to $52,954,000. The return on average equity for the year was 12.42%. Despite increased noninterest expenses, the bank remains well-capitalized with an equity-to-assets ratio of 10.89%.
FFW Corporation (OTC PINK: FFWC) announced a quarterly cash dividend of $0.25 per share, payable on June 30, 2021, to shareholders of record on June 16, 2021. As of April 30, 2021, the book value of FFWC stock was $46.73 per share, while the last reported trade was $45.76. The corporation's assets totaled $486.2 million with shareholders' equity at $53.4 million. The Board will continue to assess the quarterly dividend payments.
FFW Corporation (OTC PINK: FFWC) reported strong financial results for the quarter and nine months ended March 31, 2021. Net income for Q1 was $1,575,000, or $1.38 per share, up from $1,109,000, or $0.98 per share, in Q1 2020. Total noninterest income rose to $1,917,000, a significant increase from $774,000 in the previous year. The company declared a special cash dividend of $1.00 per share, payable June 1, 2021. Return on average equity improved to 12.00% for the quarter, while total assets reached $480.8 million, up from $461.7 million last year.
FFW Corporation (OTC PINK: FFWC) has announced a quarterly cash dividend of $0.25 per share, set for payment on March 31, 2021. Shareholders of record by March 17, 2021 will receive this payout. As of January 31, 2021, the book value of FFW Corporation stock was $46.06 per share, with the last recorded stock price at $40.10. The corporation reported total assets of $462.6 million and shareholders' equity of $52.6 million. The Board intends to evaluate quarterly dividend payments regularly.