FFW CORPORATION - FFWC STOCK NEWS

FFW Corporation (OTC PINK: FFWC) has declared a quarterly cash dividend of $0.28 per share, payable on September 30, 2022, to shareholders of record on September 16, 2022. As of July 31, 2022, the book value of the stock was $41.39, with the last trade price on August 23, 2022, at $47.00. The corporation reported assets of $532.8 million and shareholders' equity of $47.2 million. FFW Corporation and Crossroads Bank will continue to assess dividend payments quarterly.

FFW Corporation (OTC PINK: FFWC) reported fiscal year earnings for the period ending June 30, 2022, showing a net income of $5,721,000 or $5.00 per share, down from $6,476,000 or $5.67 per share the previous year. For the three months, net income reached $1,523,000 or $1.33 per share, compared to $1,379,000 or $1.21 per share in 2021. Net interest income increased to $15,409,000 for the year, while total noninterest income declined to $4,441,000. The equity-to-assets ratio decreased to 8.72% from 10.89%. Nonperforming assets were reduced to $2,345,000.

FFW Corporation (OTC PINK: FFWC) announced a quarterly cash dividend of $0.26 per share, payable on June 30, 2022, to shareholders of record on June 16, 2022. As of April 30, 2022, the book value per share was $41.32, with the stock trading at $46.00 on May 24, 2022. The corporation reported assets of $528.4 million and shareholders' equity of $47.2 million. The board plans to assess dividend payments quarterly.

FFW Corporation (OTC PINK: FFWC) reported financial results for the quarter and year-to-date ending March 31, 2022. Net income for Q1 was $1,369,000 ($1.20 per share), a decline from $1,575,000 ($1.38 per share) in Q1 2021. Year-to-date net income of $4,197,000 ($3.67 per share) also decreased from $5,096,000 ($4.46 per share) in the prior period. While net interest income rose to $3,745,000 for Q1 and $11,338,000 YTD, total noninterest income fell to $1,120,000 and $3,366,000 respectively. The return on average equity was 10.30% for Q1 compared to 12.00% in 2021.

FFW Corporation (OTC PINK: FFWC) has declared a quarterly cash dividend of $0.26 per share, payable on March 31, 2022, to shareholders on record as of March 17, 2022. As of January 31, 2022, the company's book value was $47.00 per share, with an outstanding share count of 1,143,377. Total assets amounted to $523.9 million and shareholders' equity was $53.7 million. Furthermore, FFW Corporation has an active share repurchase program and will continue to evaluate dividend payments quarterly.

FFW Corporation (OTC PINK: FFWC) reported its earnings for Q4 and YTD ending December 31, 2021. The Corporation's net income for Q4 was $1,358,000 or $1.19 per share, down from $1,774,000 or $1.55 per share in Q4 2020. For the six months, net income fell to $2,828,000 or $2.47 per share from $3,521,000 or $3.08 in the previous year. Net interest income rose slightly to $3,780,000 in Q4 2021. Noninterest income declined to $1,032,000 compared to $1,814,000 in Q4 2020. The equity-to-assets ratio was 10.42%, declining from 10.89% at June 30, 2021.

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.