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FFW Corporation Announces Quarterly Cash Dividend

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FFW (OTC PINK: FFWC), parent of Crossroads Bank, has declared a quarterly cash dividend of $0.30 per share, payable on September 27, 2024, to shareholders of record on September 13, 2024. As of July 31, 2024, the company's book value per share was $43.43, with the stock closing at $34.50 on August 27, 2024. FFW reported assets of $561.5 million and shareholders' equity of $49.5 million as of July 31, 2024. The company operates through Crossroads Bank, offering banking services, investments, and securities products across seven Indiana locations, along with leasing and insurance services.

FFW (OTC PINK: FFWC), madre della Crossroads Bank, ha dichiarato un dividendo in contante trimestrale di $0,30 per azione, pagabile il 27 settembre 2024, agli azionisti registrati il 13 settembre 2024. Al 31 luglio 2024, il valore contabile per azione della società era di $43,43, con il titolo che ha chiuso a $34,50 il 27 agosto 2024. FFW ha riportato attività per $561,5 milioni e capitale degli azionisti di $49,5 milioni al 31 luglio 2024. L'azienda opera attraverso la Crossroads Bank, offrendo servizi bancari, investimenti e prodotti di sicurezza in sette sedi in Indiana, insieme a servizi di leasing e assicurazione.

FFW (OTC PINK: FFWC), matriz de Crossroads Bank, ha declarado un dividendo en efectivo trimestral de $0.30 por acción, que se pagará el 27 de septiembre de 2024, a los accionistas registrados el 13 de septiembre de 2024. Al 31 de julio de 2024, el valor contable por acción de la compañía era de $43.43, con la acción cerrando a $34.50 el 27 de agosto de 2024. FFW reportó activos de $561.5 millones y patrimonio de los accionistas de $49.5 millones al 31 de julio de 2024. La compañía opera a través de Crossroads Bank, ofreciendo servicios bancarios, inversiones y productos de valores en siete ubicaciones de Indiana, además de servicios de arrendamiento y seguros.

FFW (OTC PINK: FFWC), Crossroads Bank의 모회사인 FFW는 주당 $0.30의 분기 현금 배당금을 선언했으며, 이는 2024년 9월 27일에 지급될 예정입니다. 배당금 지급일 기준 주주명부에 등록된 주주는 2024년 9월 13일입니다. 2024년 7월 31일 기준으로, 회사의 주당 장부 가치는 $43.43였으며, 주가는 2024년 8월 27일에 $34.50으로 마감했습니다. FFW는 2024년 7월 31일 기준 자산 $561.5백만주주 자본 $49.5백만을 보고했습니다. 이 회사는 Crossroads Bank를 통해 인디애나의 7개 지점에서 은행 서비스, 투자 및 증권 상품을 제공하며, 임대 및 보험 서비스도 함께 운영하고 있습니다.

FFW (OTC PINK: FFWC), la société mère de Crossroads Bank, a déclaré un dividende en espèces trimestriel de 0,30 $ par action, payable le 27 septembre 2024, aux actionnaires enregistrés au 13 septembre 2024. Au 31 juillet 2024, la valeur comptable par action de la société était de 43,43 $, le titre ayant clôturé à 34,50 $ le 27 août 2024. FFW a déclaré des actifs de 561,5 millions $ et un capital des actionnaires de 49,5 millions $ au 31 juillet 2024. L'entreprise opère à travers Crossroads Bank, offrant des services bancaires, des investissements et des produits de titres dans sept localités de l'Indiana, ainsi que des services de location et d'assurance.

FFW (OTC PINK: FFWC), die Muttergesellschaft der Crossroads Bank, hat eine vierteljährliche Barausschüttung von $0,30 pro Aktie erklärt, die am 27. September 2024 an die Aktionäre ausgezahlt wird, die am 13. September 2024 im Aktienregister stehen. Zum 31. Juli 2024 betrug der Buchwert pro Aktie $43,43, während die Aktie am 27. August 2024 bei $34,50 schloss. FFW berichtete von Vermögenswerten in Höhe von $561,5 Millionen und Eigenkapital in Höhe von $49,5 Millionen zum 31. Juli 2024. Das Unternehmen betreibt über die Crossroads Bank, die Bankdienstleistungen, Investitionen und Wertpapierprodukte an sieben Standorten in Indiana anbietet, sowie Leasing- und Versicherungsdienste.

Positive
  • Consistent quarterly dividend payment of $0.30 per share
  • Book value per share ($43.43) higher than current stock price ($34.50)
  • Substantial asset base of $561.5 million
  • Diversified service offerings including banking, investments, leasing, and insurance
Negative
  • None.

WABASH, Ind., Aug. 28, 2024 (GLOBE NEWSWIRE) -- FFW Corporation (OTC PINK: FFWC) (8/27/24 Close: $34.50), parent corporation of Crossroads Bank, has approved a quarterly cash dividend of $0.30 per share of common stock. The dividend is payable September 27, 2024, to shareholders of record on September 13, 2024.

The book value of FFW Corporation stock was $43.43 per share as of July 31, 2024. The last reported trade of stock at the close of business on August 27, 2024, was $34.50 per share and the number of outstanding shares was 1,139,993 as of the same date. On July 31, 2024, the corporation had assets of $561.5 million and shareholders' equity of $49.5 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
Kirsten Pendarvis
Treasurer
(260) 563-3185

SOURCE: FFW Corporation


FAQ

What is FFW 's (FFWC) latest quarterly dividend amount?

FFW (FFWC) has announced a quarterly cash dividend of $0.30 per share of common stock.

When is the dividend payable for FFW (FFWC) shareholders?

The dividend is payable on September 27, 2024, to shareholders of record on September 13, 2024.

What was FFW 's (FFWC) book value per share as of July 31, 2024?

FFW 's (FFWC) book value per share was $43.43 as of July 31, 2024.

How much were FFW 's (FFWC) total assets as of July 31, 2024?

FFW (FFWC) reported total assets of $561.5 million as of July 31, 2024.

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