Finward Net Income vs Income Tax Expense Analysis

FNWD Stock  USD 31.00  0.15  0.48%   
Finward Bancorp financial indicator trend analysis is much more than just examining Finward Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finward Bancorp is a good investment. Please check the relationship between Finward Bancorp Net Income and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finward Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.

Net Income vs Income Tax Expense

Net Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finward Bancorp Net Income account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Finward Bancorp's Net Income and Income Tax Expense is 0.2. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Finward Bancorp, assuming nothing else is changed. The correlation between historical values of Finward Bancorp's Net Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Finward Bancorp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income i.e., Finward Bancorp's Net Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Finward Bancorp financial statement analysis. It represents the amount of money remaining after all of Finward Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Tax Expense

Most indicators from Finward Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finward Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finward Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.At present, Finward Bancorp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.60, whereas Tax Provision is forecasted to decline to about 62.7 K.
 2021 2022 2023 2024 (projected)
Interest Expense2.1M4.9M31.2M32.8M
Depreciation And Amortization4.6M6.0M7.2M7.5M

Finward Bancorp fundamental ratios Correlations

0.530.730.810.080.770.730.710.65-0.290.070.410.870.70.960.870.490.910.970.96-0.070.820.96-0.540.480.89
0.530.230.560.770.440.310.230.2-0.29-0.540.770.640.860.60.670.70.350.430.380.180.210.580.030.810.42
0.730.230.93-0.080.960.310.270.180.140.520.280.790.370.580.470.480.770.770.78-0.160.840.58-0.570.30.82
0.810.560.930.180.970.410.320.23-0.010.20.520.930.630.730.630.640.780.820.81-0.050.760.71-0.50.550.86
0.080.77-0.080.180.12-0.32-0.28-0.29-0.01-0.480.770.190.640.150.290.73-0.010.0-0.03-0.17-0.090.120.320.77-0.02
0.770.440.960.970.120.330.270.180.060.380.430.840.530.630.570.610.730.760.77-0.090.840.63-0.540.460.81
0.730.310.310.41-0.320.330.880.87-0.48-0.13-0.020.550.360.750.66-0.060.590.680.650.380.460.77-0.40.050.6
0.710.230.270.32-0.280.270.880.98-0.46-0.12-0.180.490.260.730.69-0.190.610.640.620.390.460.77-0.26-0.10.6
0.650.20.180.23-0.290.180.870.98-0.44-0.2-0.210.440.220.690.65-0.230.560.560.570.390.350.74-0.23-0.130.53
-0.29-0.290.14-0.01-0.010.06-0.48-0.46-0.440.45-0.23-0.28-0.44-0.43-0.310.110.03-0.3-0.23-0.33-0.05-0.360.42-0.26-0.31
0.07-0.540.520.2-0.480.38-0.13-0.12-0.20.45-0.34-0.06-0.39-0.17-0.16-0.030.190.140.15-0.320.6-0.15-0.26-0.370.12
0.410.770.280.520.770.43-0.02-0.18-0.21-0.23-0.340.560.90.480.450.90.280.410.4-0.350.210.41-0.251.00.38
0.870.640.790.930.190.840.550.490.44-0.28-0.060.560.750.880.760.570.820.880.880.020.650.86-0.520.610.95
0.70.860.370.630.640.530.360.260.22-0.44-0.390.90.750.780.760.80.530.680.66-0.180.40.73-0.350.930.63
0.960.60.580.730.150.630.750.730.69-0.43-0.170.480.880.780.880.460.860.940.93-0.020.640.99-0.490.540.88
0.870.670.470.630.290.570.660.690.65-0.31-0.160.450.760.760.880.50.790.810.81-0.050.610.9-0.240.510.77
0.490.70.480.640.730.61-0.06-0.19-0.230.11-0.030.90.570.80.460.50.460.470.48-0.470.430.43-0.170.90.42
0.910.350.770.78-0.010.730.590.610.560.030.190.280.820.530.860.790.460.910.94-0.210.750.89-0.380.340.87
0.970.430.770.820.00.760.680.640.56-0.30.140.410.880.680.940.810.470.910.98-0.150.810.93-0.60.470.94
0.960.380.780.81-0.030.770.650.620.57-0.230.150.40.880.660.930.810.480.940.98-0.230.80.92-0.640.460.93
-0.070.18-0.16-0.05-0.17-0.090.380.390.39-0.33-0.32-0.350.02-0.18-0.02-0.05-0.47-0.21-0.15-0.23-0.190.00.24-0.32-0.04
0.820.210.840.76-0.090.840.460.460.35-0.050.60.210.650.40.640.610.430.750.810.8-0.190.65-0.550.250.75
0.960.580.580.710.120.630.770.770.74-0.36-0.150.410.860.730.990.90.430.890.930.920.00.65-0.440.480.86
-0.540.03-0.57-0.50.32-0.54-0.4-0.26-0.230.42-0.26-0.25-0.52-0.35-0.49-0.24-0.17-0.38-0.6-0.640.24-0.55-0.44-0.27-0.59
0.480.810.30.550.770.460.05-0.1-0.13-0.26-0.371.00.610.930.540.510.90.340.470.46-0.320.250.48-0.270.42
0.890.420.820.86-0.020.810.60.60.53-0.310.120.380.950.630.880.770.420.870.940.93-0.040.750.86-0.590.42
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Finward Bancorp Account Relationship Matchups

Finward Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.5B1.6B2.1B2.1B2.2B
Short Long Term Debt Total14M6.1M14.6M120M80M44.0M
Total Stockholder Equity134.1M152.9M156.6M136.4M147.3M78.0M
Property Plant And Equipment Net29.4M30.8M31.4M40.2M38.4M20.0M
Net Debt(33.3M)(13.8M)(18.6M)88.7M(5.6M)(5.3M)
Retained Earnings100.2M112.5M121.9M131.7M129.4M69.3M
Cash47.3M19.9M33.2M31.3M81.9M86.0M
Non Current Assets Total317.7M452.6M572.5M67.4M2.0B2.1B
Non Currrent Assets Other(6.6M)(6.9M)(7.2M)(403.6M)1.8B1.9B
Other Assets682.5M609.7M482.7M91.0M(81.9M)(77.8M)
Cash And Short Term Investments324.5M430.6M560.1M31.3M81.9M134.7M
Net Receivables4.0M4.7M5.4M1.5B8.0M7.6M
Common Stock Shares Outstanding3.4M3.5M3.5M4.2M4.3M3.3M
Liabilities And Stockholders Equity1.3B1.5B1.6B2.1B2.1B2.2B
Non Current Liabilities Total14M6.1M257.5M1.9B652.0M684.6M
Other Stockholder Equity29.7M30.0M30.4M69.0M69.6M73.0M
Total Liab14M6.1M1.5B1.9B2.0B2.1B
Total Current Assets328.5M435.3M565.5M1.9B176.0M237.2M
Accumulated Other Comprehensive Income4.3M10.4M4.3M(64.3M)(51.6M)(49.0M)
Other Current Liab892.0M1.0B1.2B1.4B1.3B1.4B
Total Current Liabilities911.5M1.0B1.2B1.4B1.3B1.4B
Short Term Debt19.5M19.9M14.6M15.5M38.1M21.3M
Short Term Investments277.2M410.7M526.9M370.9M371.4M389.9M
Other Current Assets54.5M27.1M40.3M41.2M94.1M123.6M
Inventory(54.5M)(27.1M)(40.3M)1.8B78.0M74.1M
Net Tangible Assets93.3M123.0M141.8M156.6M180.1M132.9M
Accounts Payable1.2B22.4M1.4B1.8B2.0B1.1B
Long Term Debt43M14M6.1M120M80M52.1M
Net Invested Capital144.5M148.1M159.1M256.4M227.3M192.2M
Long Term Investments277.2M1.4B526.9M370.9M371.4M535.7M
Property Plant Equipment24.8M29.4M30.8M31.4M36.1M29.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Finward Bancorp is a strong investment it is important to analyze Finward Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Finward Bancorp's future performance. For an informed investment choice regarding Finward Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finward Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Finward Bancorp. If investors know Finward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Finward Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Dividend Share
0.48
Earnings Share
2.71
Revenue Per Share
16.365
Quarterly Revenue Growth
(0.03)
The market value of Finward Bancorp is measured differently than its book value, which is the value of Finward that is recorded on the company's balance sheet. Investors also form their own opinion of Finward Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Finward Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Finward Bancorp's market value can be influenced by many factors that don't directly affect Finward Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Finward Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finward Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finward Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.