AG真人官方

STOCK TITAN
  1. Home
  2. News
  3. FFWC
  4. FFW Corporation Announces Earnings for the Fiscal Year Ended June 30, 2025

FFW Corporation Announces Earnings for the Fiscal Year Ended June 30, 2025

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Negative)
Tags
Rhea-AI Summary

FFW Corporation (OTC PINK: FFWC), parent of Crossroads Bank, reported strong financial results for fiscal year 2025. The company achieved net income of $5.54 million ($5.01 per share) for the twelve months ended June 30, 2025, a significant increase from $4.09 million ($3.63 per share) in 2024.

Key financial metrics show improvement with net interest income rising to $16.28 million from $14.48 million year-over-year. The company's return on average assets increased to 0.97% from 0.74%, while return on average equity improved to 11.10% from 8.78%. Total assets stood at $570.11 million with an equity-to-assets ratio of 8.76%.

However, nonperforming assets doubled to $8.15 million from $4.04 million year-over-year. The company maintained an active share repurchase program, buying back 56,481 shares at an average price of $39.42 during the fiscal year.

FFW Corporation (OTC PINK: FFWC), capogruppo di Crossroads Bank, ha registrato risultati finanziari solidi per l'esercizio 2025. La societ脿 ha realizzato un utile netto di $5.54 milioni ($5.01 per azione) per i dodici mesi chiusi al 30 giugno 2025, in netto aumento rispetto a $4.09 milioni ($3.63 per azione) nel 2024.

I principali indicatori finanziari mostrano miglioramenti, con il margine di interesse netto salito a $16.28 milioni rispetto a $14.48 milioni anno su anno. Il rendimento medio delle attivit脿 猫 aumentato allo 0,97% dallo 0,74%, mentre il rendimento medio del patrimonio netto 猫 salito all'11,10% dall'8,78%. Le attivit脿 totali ammontavano a $570.11 milioni con un rapporto capitale/attivit脿 dell'8,76%.

Tuttavia, le attivit脿 non performanti sono raddoppiate a $8.15 milioni da $4.04 milioni anno su anno. La societ脿 ha mantenuto un programma attivo di riacquisto di azioni, comprando 56.481 azioni a un prezzo medio di $39.42 durante l'esercizio.

FFW Corporation (OTC PINK: FFWC), matriz de Crossroads Bank, report贸 s贸lidos resultados financieros para el a帽o fiscal 2025. La compa帽铆a obtuvo un beneficio neto de $5.54 millones ($5.01 por acci贸n) en los doce meses terminados el 30 de junio de 2025, un aumento significativo respecto a $4.09 millones ($3.63 por acci贸n) en 2024.

Las m茅tricas financieras clave muestran mejoras, con el ingreso por intereses neto subiendo a $16.28 millones desde $14.48 millones a帽o sobre a帽o. El retorno sobre activos promedio aument贸 al 0.97% desde 0.74%, mientras que el retorno sobre el patrimonio promedio mejor贸 al 11.10% desde 8.78%. Los activos totales se situaron en $570.11 millones con una ratio de capital sobre activos del 8.76%.

No obstante, los activos en mora se duplicaron hasta $8.15 millones desde $4.04 millones a帽o sobre a帽o. La compa帽铆a mantuvo un programa activo de recompra de acciones, adquiriendo 56.481 acciones a un precio medio de $39.42 durante el ejercicio fiscal.

FFW Corporation (OTC PINK: FFWC), Crossroads Bank鞚� 氇殞靷澑 鞚� 須岇偓電� 2025 須岅硠鞐半弰鞐� 瓴“頃� 鞛 鞁れ爜鞚� 氤搓碃頄堨姷雼堧嫟. 須岇偓電� 2025雲� 6鞗� 30鞚茧 膦呺霅� 12臧滌洈 霃欖晥 靾滌澊鞚� $5.54氚彪($欤茧嫻 $5.01)鞚� 旮半頄堨溂氅�, 鞚措姅 2024雲勳潣 $4.09氚彪($欤茧嫻 $3.63)鞐愳劀 韥矊 歃濌皜頃� 靾橃箻鞛呺媹雼�.

欤检殧 鞛 歆�響滊姅 臧滌劆鞚� 氤挫榾鞙茧┌, 靾滌澊鞛愳垬鞚奠潃 鞝勲厔 雽�牍� $14.48氚彪鞐愳劀 $16.28氚彪鞙茧 歃濌皜頄堨姷雼堧嫟. 韽夑窢鞛愳偘鞚挫澋毳犾潃 0.74%鞐愳劀 0.97%搿� 靸侅姽頄堦碃, 韽夑窢鞛愱赴鞛愲掣鞚挫澋毳犾潃 8.78%鞐愳劀 11.10%搿� 臧滌劆霅橃棃鞀惦媹雼�. 齑濎瀽靷办潃 $570.11氚彪鞚措┌ 鞛愳偘 雽�牍� 鞛愲掣 牍勳湪鞚� 8.76%鞓�鞀惦媹雼�.

雼る, 攵�鞁れ瀽靷办潃 鞝勲厔鞚� $4.04氚彪鞐愳劀 $8.15氚彪鞙茧 霊� 氚半 電橃柎雮姷雼堧嫟. 須岇偓電� 鞝侁饭鞝侅澑 鞛愳偓欤� 毵れ瀰 頂勲攴鸽灗鞚� 鞙犾頃橂┌ 須岅硠鞐半弰 霃欖晥 韽夑窢 臧�瓴� $39.42鞐� 56,481欤茧ゼ 毵れ瀰頄堨姷雼堧嫟.

FFW Corporation (OTC PINK: FFWC), soci茅t茅 m猫re de Crossroads Bank, a annonc茅 de solides r茅sultats financiers pour l'exercice 2025. La soci茅t茅 a r茅alis茅 un r茅sultat net de $5.54 millions ($5.01 par action) pour les douze mois clos le 30 juin 2025, en nette hausse par rapport 脿 $4.09 millions ($3.63 par action) en 2024.

Les principaux indicateurs financiers montrent une am茅lioration, avec les produits d'int茅r锚ts nets en hausse 脿 $16.28 millions contre $14.48 millions d'une ann茅e sur l'autre. Le rendement des actifs moyens est pass茅 de 0,74% 脿 0,97%, tandis que le rendement des capitaux propres moyens s'est am茅lior茅 de 8,78% 脿 11,10%. Le total des actifs s'茅levait 脿 $570.11 millions avec un ratio fonds propres/actifs de 8,76%.

Cependant, les actifs non performants ont doubl茅, passant 脿 $8.15 millions contre $4.04 millions en glissement annuel. La soci茅t茅 a maintenu un programme actif de rachat d'actions, rachetant 56 481 actions 脿 un prix moyen de $39.42 au cours de l'exercice.

FFW Corporation (OTC PINK: FFWC), Muttergesellschaft von Crossroads Bank, meldete starke Finanzergebnisse f眉r das Gesch盲ftsjahr 2025. Das Unternehmen erzielte einen Nettoertrag von $5.54 Millionen ($5.01 je Aktie) f眉r die zw枚lf Monate zum 30. Juni 2025, ein deutlicher Anstieg gegen眉ber $4.09 Millionen ($3.63 je Aktie) im Jahr 2024.

Wichtige Kennzahlen zeigen Verbesserungen, wobei das nettozinsbezogene Ergebnis auf $16.28 Millionen gegen眉ber $14.48 Millionen im Jahresvergleich gestiegen ist. Die Rendite auf das durchschnittliche Verm枚gen stieg von 0,74% auf 0,97%, w盲hrend die Rendite auf das durchschnittliche Eigenkapital von 8,78% auf 11,10% zunahm. Die Gesamtaktiva beliefen sich auf $570.11 Millionen bei einer Eigenkapitalquote von 8,76%.

Jedoch haben sich die notleidenden Aktiva von $4.04 Millionen auf $8.15 Millionen verdoppelt. Das Unternehmen setzte sein aktives Aktienr眉ckkaufprogramm fort und kaufte im Gesch盲ftsjahr 56.481 Aktien zu einem Durchschnittspreis von $39.42 zur眉ck.

Positive
  • Net income increased 35.5% to $5.54 million in FY2025 from $4.09 million in FY2024
  • Net interest income grew 12.4% to $16.28 million from $14.48 million year-over-year
  • Return on average equity improved to 11.10% from 8.78%
  • Return on average assets increased to 0.97% from 0.74%
  • Equity-to-assets ratio strengthened to 8.76% from 8.55%
Negative
  • Nonperforming assets doubled to $8.15 million from $4.04 million year-over-year
  • Credit loss expense increased to $200,000 from $0 in the previous year
  • Total deposits decreased to $506.13 million from $514.42 million

WABASH, Ind., Aug. 25, 2025 (GLOBE NEWSWIRE) -- FFW Corporation (the 鈥淐orporation鈥�) (OTC PINK: FFWC) (8/22/25 Close: $41.00), parent corporation of Crossroads Bank (the 鈥淏ank鈥�), announced earnings for the fiscal year ended June 30, 2025.

For the three months ended June 30, 2025, the Corporation reported net income of $1,461,000 or $1.35 per common share compared to $1,118,000 or $0.99 per common share for the three months ended June 30, 2024. Net interest income for the three months ended June 30, 2025 was $4,385,000 compared to $3,664,000 for the three months ended June 30, 2024. Credit loss expense was $75,000 for the three months ended June 30, 2025 and $0 for the three months ended June 30, 2024. Total noninterest income was $1,221,000 for the three months ended June 30, 2025 compared to $1,137,000 for the three months ended June 30, 2024. Noninterest expense was $3,906,000 for the three months ended June 30, 2025 and $3,641,000 for the three months ended June 30, 2024.

For the twelve months ended June 30, 2025, the Corporation reported net income of $5,542,000 or $5.01 per common share compared to $4,089,000 or $3.63 per common share for the twelve months ended June 30, 2024. Net interest income for the twelve months ended June 30, 2025 was $16,279,000 compared to $14,477,000 for the twelve months ended June 30, 2024. The Company recognized credit loss expense of $200,000 for the twelve months ended June 30, 2025 and $0 for the twelve months ended June 30, 2024. Total noninterest income was $5,070,000 for the twelve months ended June 30, 2025 compared to $4,144,000 for the twelve months ended June 30, 2024. Noninterest expense was $15,006,000 for the twelve months ended June 30, 2025 and $14,225,000 for the twelve months ended June 30, 2024.

The three and twelve months ended June 30, 2025 represented a return on average common equity of 11.77% and 11.10%, respectively, compared to 9.41% and 8.78% for the three and twelve month periods ended June 30, 2024. The three and twelve months ended June 30, 2025 represented a return on average assets of 1.03% and 0.97%, respectively, compared to 0.80% and 0.74% for the three and twelve month periods ended June 30, 2024.

The allowance for credit losses as a percentage of gross loans receivable was 1.35% at June 30, 2025 compared to 1.33% at June 30, 2024. Nonperforming assets were $8,147,000 at June 30, 2025 compared to $4,044,000 at June 30, 2024.

As of June 30, 2025, FFWC鈥檚 equity-to-assets ratio was 8.76% compared to 8.55% at June 30, 2024. Total assets at June 30, 2025 were $570,108,000 compared to $567,363,000 at June 30, 2024. Shareholders鈥� equity was $49,944,000 at June 30, 2025 compared to $48,515,000 at June 30, 2024. Crossroads Bank exceeds all applicable regulatory requirements to be considered 鈥渨ell capitalized.鈥�

The Corporation has an active share repurchase program. During the quarter ended June 30, 2025, the Corporation repurchased 3,303 shares at an average price of $39.70. Year to date the Corporation repurchased 56,481 shares at an average price of $39.42. For more information regarding the share repurchase program, please contact Roger Cromer, President, at (260) 563-3185. The Corporation may suspend or discontinue repurchases at any time.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include expressions such as 鈥渆xpects,鈥� 鈥渋ntends,鈥� 鈥渂elieves,鈥� and 鈥渟hould,鈥� which are necessarily statements of belief as to the expected outcomes of future events. Actual results could materially differ from those presented. The Corporation's ability to predict future results involves a number of risks and uncertainties. The Corporation undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this release.

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鈥檚 stock is traded on the OTC Markets under the symbol 鈥淔FWC.鈥� Our website address is . Crossroads Bank, Member FDIC.

FFW Corporation
Selected Financial Information
听
Consolidated Balance Sheet
听
听听June 30June 30
听听20252024
听听Unaudited听
Assets听听
Cash and due from financial institutions$7,166,023听$5,202,224听
Interest-bearing deposits in other financial institutions听3,649,597听听11,717,782听
听Cash and cash equivalents听10,815,620听听16,920,006听
听听听
Securities available for sale听103,067,093听听106,179,450听
Loans held for sale听314,800听听559,830听
Loans receivable, net of allowance for credit losses of $5,703,128听听
听at June 30, 2024 and $5,564,436 at June 30, 2024听422,829,649听听411,841,368听
Federal Home Loan Bank stock, at cost听1,739,500听听1,289,700听
Accrued interest receivable听3,055,402听听3,016,660听
Premises and equipment, net听7,602,679听听7,614,589听
Mortgage servicing rights听1,072,056听听1,086,587听
Cash surrender value of life insurance听13,165,670听听12,725,890听
Goodwill听1,213,898听听1,213,898听
Repossessed Assets听38,560听听1,250听
Other assets听5,192,615听听4,913,693听
听Total assets$570,107,542听$567,362,921听
听听听听
Liabilities and shareholders' equity听听
Deposits听听
听Noninterest-bearing$52,521,124听$47,530,618听
听Interest-bearing听453,607,241听听466,891,628听
听Total deposits听506,128,365听听514,422,246听
听听听听
Borrowings听10,000,000听听-听
Accrued expenses and other liabilities听4,035,448听听4,425,736听
听Total liabilities听520,163,813听听518,847,982听
听听听听
Shareholders' equity听听
Common stock, $.01 par; 2,000,000 shares authorized;听听
听Issued: 1,836,328; outstanding: 1,082,978 at June 30, 2025 and 1,126,243 at June 30, 2024听18,363听听18,363听
Additional paid-in capital听10,233,608听听10,266,257听
Retained earnings听65,911,649听听61,694,919听
Accumulated other comprehensive income (loss)听(11,560,272)听(10,795,929)
Treasury stock, at cost: 753,350 at June 30, 2025 and听听
听710,085 at June 30, 2024听(14,659,619)听(12,668,671)
听Total shareholders' equity听49,943,729听听48,514,939听
听听听听
听Total liabilities and shareholders' equity$570,107,542听$567,362,921听
听听听听听听听听


FFW Corporation
Selected Financial Information
听
Consolidated Statement of Income
听
听听听Three Months Ended June 30Twelve Months Ended June 30
听听听2025202420252024
听听听UnauditedUnauditedUnauditedUnaudited
Interest and dividend income:听听听听
听Loans, including fees$5,985,759听$5,561,214听$23,183,812听$21,249,360听
听Taxable securities听563,907听听538,577听听2,187,692听听2,031,617听
听Tax exempt securities听402,708听听406,253听听1,625,823听听1,656,939听
听Other听78,596听听119,404听听564,219听听309,304听
听听Total interest and dividend income听7,030,970听听6,625,448听听27,561,546听听25,247,220听
听听听听听听听
Interest expense:听听听听
听Deposits听2,469,399听听2,933,414听听11,078,011听听10,613,939听
听Borrowings听176,469听听27,627听听204,282听听155,984听
听听Total interest expense听2,645,869听听2,961,041听听11,282,293听听10,769,923听
听听听听听听听
Net interest income听4,385,101听听3,664,407听听16,279,253听听14,477,297听
听听听听听听听
Provision for credit losses听75,000听听-听听200,000听听-听
听听听听听听听
Net interest income after provision for听4,310,101听听3,664,407听听16,079,253听听14,477,297听
听credit losses听听听听
听听听听听听听
Noninterest income:听听听听
听Net gains on sales of loans听181,575听听113,780听听480,176听听185,535听
听Net gains (losses) on fixed assets听(4,080)听-听听31,157听听-听
听Net gains (losses) on sales of REO听-听听-听听(684)听(37,006)
听Commission income听463,212听听395,409听听1,993,376听听1,429,640听
听Service charges and fees听157,836听听219,733听听868,973听听998,995听
听Earnings on life insurance听111,555听听106,082听听439,780听听389,414听
听Other听311,304听听302,374听听1,257,347听听1,177,332听
听听Total noninterest income听1,221,401听听1,137,378听听5,070,125听听4,143,910听
听听听听听听听
Noninterest expense:听听听听
听Salaries and benefits听2,035,089听听1,990,109听听8,098,744听听7,716,276听
听Occupancy and equipment听333,493听听320,824听听1,300,038听听1,270,996听
听Professional听164,980听听122,245听听628,721听听482,039听
听Marketing听102,924听听96,753听听381,332听听378,547听
听Deposit insurance premium听102,000听听73,000听听348,684听听280,666听
听Regulatory assessment听11,569听听10,344听听42,772听听41,379听
听Correspondent bank charges听26,413听听23,388听听107,687听听93,273听
听Data processing听584,862听听482,683听听2,141,131听听1,866,798听
听Printing, postage and supplies听74,354听听65,701听听300,465听听285,133听
听Expense on life insurance听27,665听听41,149听听7,776听听129,934听
听Contribution expense听7,500听听9,501听听44,888听听50,382听
听Expense on REO听-听听(139)听-听听5,683听
听Other听434,848听听405,714听听1,603,446听听1,623,675听
听听Total noninterest expense听3,905,699听听3,641,272听听15,005,684听听14,224,781听
听听听听听听听
Income before income taxes听1,625,803听听1,160,513听听6,143,694听听4,396,426听
听听听听听听听
Income tax expense听165,144听听42,948听听601,954听听306,949听
听听听听听听听
Net income$1,460,659听$1,117,565听$5,541,740听$4,089,477听
听听听听听听听听听听听听听


FFW Corporation
Selected Financial Information
听
Key Balances and Ratios
听
听Three Months Ended June 30Twelve Months Ended June 30
听2025
2024
2025
2024
听UnauditedUnauditedUnauditedUnaudited
Per common share data:听听听听
Earnings$1.35听$0.99听$5.01听$3.63听
Diluted earnings$1.35听$0.99听$5.01听$3.63听
Dividends paid$0.30听$0.29听$1.20听$1.16听
Average shares issued and outstanding1,083,793听1,126,520听1,106,967听1,126,879听
Shares outstanding end of period1,082,978听1,126,243听1,082,978听1,126,243听
听听听听听
Supplemental data:听听听听
Net interest margin **3.16%2.66%2.92%2.69%
Return on average assets ***1.03%0.80%0.97%0.74%
Return on average common equity ***11.77%9.41%11.10%8.78%
听听听听听
听June 30June 30听听
听2025
2024
听听
Nonperforming assets *$8,147,342听$4,044,082听听听
Repossessed assets$38,560听$1,250听听听
听听听听听
* Includes non-accruing loans, accruing loans delinquent more than 90 days and repossessed assets
** Yields reflected have not been computed on a tax equivalent basis
*** Annualized
听听听听

FOR MORE INFORMATION Contact: Stacy Wiley, Treasurer, at (260) 563-3185


FAQ

What was FFW Corporation's net income for fiscal year 2025?

FFW Corporation reported net income of $5.54 million ($5.01 per share) for fiscal year 2025, compared to $4.09 million ($3.63 per share) in 2024.

How did FFWC's nonperforming assets change in fiscal year 2025?

FFWC's nonperforming assets increased significantly to $8.15 million as of June 30, 2025, compared to $4.04 million at June 30, 2024.

What was FFWC's return on equity for fiscal year 2025?

FFWC's return on average equity was 11.10% for fiscal year 2025, an improvement from 8.78% in fiscal year 2024.

How many shares did FFWC repurchase in fiscal year 2025?

FFWC repurchased 56,481 shares at an average price of $39.42 during fiscal year 2025.

What was FFWC's total asset value as of June 30, 2025?

FFWC's total assets were $570.11 million as of June 30, 2025, compared to $567.36 million at June 30, 2024.
Stock FFWC logo
FFW Corp

OTC:FFWC

FFWC Rankings

N/A Ranked by Market Cap
N/A Ranked by Dividends

FFWC Latest News

May 29, 2025
FFW Corporation Announces Quarterly Cash Dividend
Apr 23, 2025
FFW Corporation Announces Earnings for the Quarter and Year to Date Ended March 31, 2025
Apr 4, 2025
FFW Corporation and Crossroads Bank Appoint New Board Member, Andy Bain
Apr 1, 2025
FFW Corporation and Crossroads Bank Appoint New Board Chairman
Feb 26, 2025
FFW Corporation Announces Quarterly Cash Dividend

FFWC Stock Data

44.54M
Banks - Regional
Financial Services
United States
Wabash

Related Articles

Continue reading with these related stories

View All Latest News