FFW Corporation (FFWC) reports recurring financial and shareholder updates as the parent corporation of Crossroads Bank. The bank provides banking services, investment and securities products, and leasing services through Indiana banking centers, with insurance products offered through affiliated company Insurance 1 Services, Inc.
Company news commonly covers quarterly and fiscal-year earnings, net interest income, credit loss expense, noninterest income and expense, capital ratios, asset quality measures, book value, assets, shareholders’ equity, and quarterly cash dividends on FFW Corporation common stock traded on the OTC Markets.
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.