- Net income increased by 52% to $1.4 million in Q3 2025.
- Nonperforming assets more than doubled to $8.68 million.
- FFWC repurchased 13,708 shares at an average price of $39.98 during Q3 2025.
FFW Corporation (FFWC, Financial) reported substantial growth in its financial performance for the third quarter of 2025. The company's net income for the quarter surged to $1.4 million, or $1.28 per share, marking a significant rise from $920,000, or $0.82 per share, in the same period of the previous year. For the nine months ending March 31, 2025, net income reached $4.1 million, or $3.66 per share, compared to $3.0 million, or $2.64 per share, in the prior year.
Net interest income demonstrated a notable increase, climbing to $4.1 million in Q3 2025 up from $3.5 million in Q3 2024. Return on average assets improved to 1.00%, compared to 0.66% a year earlier, while the return on average equity rose to 11.39% from 7.67%.
However, nonperforming assets showed a concerning rise, more than doubling to $8.7 million from $4.0 million recorded at the end of June 2024. Despite this, the corporation maintained its proactive approach to managing its stock, having repurchased 13,708 shares at an average price of $39.98 during the third quarter of 2025.
By the end of March 31, 2025, FFWC's total assets amounted to $571.9 million, reflecting a stable balance sheet. Notably, the equity-to-assets ratio was 8.73%, up from 8.55% on June 30, 2024, indicating a solid capital position.
