Finward Bancorp (FNWD) — Cash Flow Quality Index
Finward Bancorp (FNWD) has a Cash Flow Quality Index of 0.34x as of September 2025. Operating cash flow of $1.20 Million is below net income of $3.50 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore FNWD cash generation efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Finward Bancorp Cash Flow Quality Index (1996–2024)
Historical Cash Flow Quality Index for Finward Bancorp across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FNWD cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Finward Bancorp (1996–2024)
Year-by-year earnings quality comparison for Finward Bancorp. For live market cap and the full company financial profile, see Finward Bancorp stock valuation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.81x | $9.80 Million | $12.13 Million | ▼ -72.0% |
| 2023 | 2.89x | $24.21 Million | $8.38 Million | ▲ +145.3% |
| 2022 | 1.18x | $17.76 Million | $15.08 Million | ▲ +3.4% |
| 2021 | 1.14x | $17.04 Million | $14.96 Million | ▼ -10.6% |
| 2020 | 1.27x | $21.15 Million | $16.60 Million | ▲ +40.6% |
| 2019 | 0.91x | $10.96 Million | $12.10 Million | ▼ -19.8% |
| 2018 | 1.13x | $10.54 Million | $9.34 Million | ▼ -17.7% |
| 2017 | 1.37x | $12.30 Million | $8.96 Million | ▲ +20.8% |
| 2016 | 1.14x | $10.39 Million | $9.14 Million | ▼ -5.7% |
| 2015 | 1.20x | $9.46 Million | $7.85 Million | ▼ -7.0% |
| 2014 | 1.30x | $9.58 Million | $7.39 Million | ▼ -16.6% |
| 2013 | 1.55x | $11.06 Million | $7.12 Million | ▲ +24.8% |
| 2012 | 1.24x | $8.53 Million | $6.85 Million | ▼ -54.8% |
| 2011 | 2.75x | $14.82 Million | $5.38 Million | ▼ -1.6% |
| 2010 | 2.80x | $14.48 Million | $5.18 Million | ▲ +457.9% |
| 2009 | 0.50x | $1.25 Million | $2.49 Million | ▼ -75.5% |
| 2008 | 2.05x | $12.14 Million | $5.93 Million | ▲ +38.8% |
| 2007 | 1.48x | $8.25 Million | $5.59 Million | ▲ +45.4% |
| 2006 | 1.01x | $6.57 Million | $6.47 Million | ▼ -5.0% |
| 2005 | 1.07x | $7.13 Million | $6.67 Million | ▼ -14.7% |
| 2004 | 1.25x | $7.88 Million | $6.29 Million | ▲ +1.8% |
| 2003 | 1.23x | $7.30 Million | $5.94 Million | ▼ -11.4% |
| 2002 | 1.39x | $7.62 Million | $5.49 Million | ▲ +16.9% |
| 2001 | 1.19x | $5.59 Million | $4.71 Million | ▼ -2.9% |
| 2000 | 1.22x | $5.34 Million | $4.37 Million | ▼ -1.3% |
| 1999 | 1.24x | $5.20 Million | $4.20 Million | ▲ +4.0% |
| 1998 | 1.19x | $4.48 Million | $3.76 Million | ▼ -21.1% |
| 1997 | 1.51x | $5.16 Million | $3.42 Million | ▲ +36.7% |
| 1996 | 1.10x | $2.42 Million | $2.19 Million | — |