What is Finward Bancorp's technology?

Finward Bancorp (FNWD) reported technology of $508K in Q1 2026.

How has Finward Bancorp's technology changed year-over-year?

Finward Bancorp's technology increased by 11.9% year-over-year, from $454K to $508K.

What does technology mean?

Includes expenditures related to software licensing, hardware maintenance, cybersecurity, and digital infrastructure development. This metric reflects the bank's investment in modernizing its service delivery and maintaining competitive digital banking platforms. It is a critical component of the bank's ongoing operational overhead.

Finward Bancorp FNWD Technology

Technology at other companies

West BancorporationWTBA

$774K-1.5%

Texas Community Bancshares, Inc.TCBS

$134K+135%

Red River Bancshares, Inc.RRBI

$863K+3.4%

Unity BancorpUNTY

$1.15M+16.2%

Community West BancsharesCWBC

$1.71M-9.9%

Princeton Bancorp, Inc.BPRN

$1.63M+0.1%

Other financials

Income statement

See full

Revenue$17.5M+12.5%

Net income$2.2M+393%

EPS (diluted)$0.52+373%

Balance sheet

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Cash & equivalents$118.8M+540%

Total debt$14.4M-79.9%

Total equity$172.4M+13.6%

Total assets$2.0B-1.2%

Cash flow

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Operating cash flow$3.6M+195%

CapEx$135.0K-26.2%

Free cash flow$3.5M+188%

Valuation

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Market cap$159.26M+35.3%

Enterprise value$54.91M+88.7%

P/E16.1×-6.0×

P/S2.3×+0.5×

Profitability

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Net margin14.5%+9.1pp

FCF margin24.3%+18.7pp

Returns & leverage

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Return on equity6.1%+3.9pp

Debt / equity0.1×-0.4×

Where this comes from

Reported directly by Finward Bancorp in its filing.

Tagged under the XBRL concept fnwd:TechnologyExpense.

The official record: Finward Bancorp’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Finward Bancorp's technology?: Finward Bancorp (FNWD) reported technology of $508K in Q1 2026.
How has Finward Bancorp's technology changed year-over-year?: Finward Bancorp's technology increased by 11.9% year-over-year, from $454K to $508K.
What does technology mean?: Includes expenditures related to software licensing, hardware maintenance, cybersecurity, and digital infrastructure development. This metric reflects the bank's investment in modernizing its service delivery and maintaining competitive digital banking platforms. It is a critical component of the bank's ongoing operational overhead.