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Finward Bancorp (Finward Bancorp) Scaled Net Operating Assets : -0.11 (As of Mar. 2024)


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What is Finward Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Finward Bancorp's operating assets for the quarter that ended in Mar. 2024 was $1,654.38 Mil. Finward Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was $1,895.20 Mil. Finward Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $2,108.28 Mil. Therefore, Finward Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.11.

Finward Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Finward Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(2022.69-1880.934)/2070.339
=0.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2108.279 - 85.589
=2022.69

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1960.934 - 80 - 0
=1880.934

Finward Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1654.376-1895.201)/2108.279
=-0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2071.782 - 417.406
=1654.376

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1920.201 - 25 - 0
=1895.201

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Finward Bancorp Scaled Net Operating Assets Related Terms

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Finward Bancorp (Finward Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Finward Bancorp (NAS:FNWD) » Definitions » Scaled Net Operating Assets
Comparable Companies
EFSI LARK EBMT UNB FNWB PFLC CBBI FETM CSBB EMYB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
N/A
Address
9204 Columbia Avenue, Munster, IN, USA, 46321
Website
https://www.ibankpeoples.com
Finward Bancorp is a bank holding company, which engages in the provision of financial services. It offers products and services related to Personal Banking, Cash Management, Saving Account, ebanking, Wealth Management, and Insurance Services. It is primarily engaged in the business of attracting deposits from the general public and the origination of loans, mostly upon the security of single-family residences and commercial real estate, construction loans, commercial business loans, and municipal loans. Geographically, the activities are carried out through the United States.
Executives
David A Bochnowski director, 10 percent owner, officer: Chief Executive Officer 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Peymon Torabi officer: Senior Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert T Lowry officer: Executive Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Amy Wong Han director 1008 KILLARNEY DRIVE, DYER IN 46321
Benjamin J Bochnowski officer: EVP 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert W. Youman director 129 THATCHER AVE., RIVER FOREST IL 60305
James L Wieser director 13304 LAKESHORE DRIVE, UNIT 202, CEDAR LAKE IN 46303
Johnson Robert E. Iii director 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Todd M. Scheub officer: Executive Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Leane English Cerven officer: Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Danette Garza director 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Jillonda Washington officer: Senior Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Kleek Joshua Van officer: Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Tanya A. Leetz officer: Executive Vice President 9204 COLUMBIA AVENUE, MUNSTER IN 46321
Donald P Fesko director 9204 COLUMBIA AVENUE, MUNSTER IN 46321