FFW Corporation Announces Quarterly Cash Dividend

Rhea-AI Summary

FFW (FFWC) has declared a quarterly cash dividend of $0.30 per share of common stock, payable March 28, 2025, to shareholders of record on March 14, 2025. The company's stock closed at $39.00 per share on February 25, 2025, with a book value of $44.81 per share as of January 31, 2025.

The reported total assets of $562 million and shareholders' equity of $49 million as of January 31, 2025. With 1,093,501 outstanding shares, FFW operates through its subsidiary Crossroads Bank, providing banking services across six Indiana banking centers, along with leasing and insurance services.

Positive

• Quarterly dividend maintained at $0.30 per share
• Strong asset base of $562M
• Book value ($44.81) higher than current trading price ($39.00)
• Shareholders' equity of $49M

Negative

• Stock trading below book value

WABASH, Ind., Feb. 26, 2025 (GLOBE NEWSWIRE) -- FFW Corporation (OTC PINK: FFWC) (02/25/2025 Close: $39.00), parent corporation of Crossroads Bank, has approved a quarterly cash dividend of $0.30 per share of common stock. The dividend is payable March 28, 2025, to shareholders of record on March 14, 2025.

The book value of FFW Corporation stock was $44.81 per share as of January 31, 2025. The last reported trade of stock at the close of business on February 25, 2025, was $39.00 per share and the number of outstanding shares was 1,093,501 as of the same date. On January 31, 2025, the corporation had assets of $562 million and shareholders' equity of $49 million. The Board of FFW Corporation and Crossroads Bank will continue to evaluate the payment of a dividend on a quarterly basis.

Crossroads Bank is a wholly owned subsidiary of FFW Corporation, providing an extensive array of banking services and a wide range of investments and securities products through its main office in Wabash and six Indiana banking centers located in Columbia City, North Manchester, Peru, South Whitley, Syracuse, and Warsaw. The Bank also provides leasing services at each of its banking centers. Insurance products are offered through an affiliated company, Insurance 1 Services, Inc. The Corporation’s stock is traded on the OTC Markets under the symbol “FFWC.” Our website address is www.crossroadsbanking.com. Crossroads Bank, Member FDIC.

FOR MORE INFORMATION
Stacy Wiley
Treasurer
(260) 563-3185

SOURCE: FFW Corporation

FAQ

What is the dividend amount and payment date for FFW 's (FFWC) latest quarterly dividend?

FFW announced a quarterly dividend of $0.30 per share, payable on March 28, 2025, to shareholders of record as of March 14, 2025.

What is FFWC's current book value per share as of January 2025?

FFW 's book value was $44.81 per share as of January 31, 2025.

How many total assets does FFW (FFWC) have as of January 2025?

FFW reported total assets of $562 million as of January 31, 2025.

What is the current stock price and number of outstanding shares for FFWC?

FFWC's stock closed at $39.00 per share on February 25, 2025, with 1,093,501 outstanding shares.