FFWC FFW Corp. featured news, full reports, and detailed charts
FFW Corp. (FFWC/FFWC.OB) Wrap Up:
FFW Corporation operates as the holding company of First Federal Savings Bank of Wabash. The bank offers various deposit accounts, which include savings, money market savings, NOW, money market checking, regular checking, and certificate accounts. It provides one- to four-family residential mortgage loans, consumer loans, commercial and multifamily real estate loans, construction loans, and commercial business loans. Federal Savings Bank also purchases mortgage-backed securities and invests in U.S. government and agency obligations, state and local government obligations, commercial paper, short-term corporate debt securities, and overnight federal funds. Its primary market area includes Wab...FFW Corp. (FFWC:OTC Bulletin Board Market)
Snapshot of FFW Corp. (FFWC)
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OPEN
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PREVIOUS CLOSE
$10.75
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
12/9/08 - $15.50
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52 WEEK LOW
07/23/09 - $9.59
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MARKET CAP
12.0M
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AVERAGE VOLUME 3 mo
189.0
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DILUTED EPS TTM
$0.97
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SHARES OUTSTANDING
1.1M
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EX-DATE
09/10/09
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P/E TTM
11.0x
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DIVIDEND
$0.88
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DIVIDEND YIELD
8.19%
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| K = Thousands M = Millions B = Billions | ||
FFWC Top Compensated Officers
Executives, Board Directors
Key developments for FFW Corp. (FFWC)
FFW Corp. announced unaudited financial results for the first quarter ended September 30, 2009. For the period, the company reported total interest and dividend income of $4,479,372, net interest income of $2,546,998, net interest income after provision for loan losses of $2,136,998, income before income taxes of $714,480, net income of $553,310, net income attributable to common shareholders of $435,807 or $0.39 per diluted share against total interest and dividend income of $5,033,197, net interest income of $2,689,858, net interest income after provision for loan losses of $2,260,858, loss before income taxes of $5,657,827, net loss of $3,155,263, net loss attributable to common shareholders of $3,155,263 or $2.88 loss per diluted share a year ago. For the quarter the return on average assets was 0.66% as compared to negative return of 3.94% a year ago. The return on average common equity was 8.31% against negative return of 56.49% a year ago.
FFW Corp. has approved a quarterly cash dividend of $0.22 per share of common stock. The dividend is payable September 30, 2009 to shareholders of record on September 14, 2009.
FFW Corp. announced operating results for the fourth quarter and twelve months ended June 30, 2009. For the three months ended June 30, 2009, the corporation reported net income of $109,000. This is compared to net income of $565,000 for the quarter ended June 30, 2008. The earnings decrease for the fourth quarter of fiscal year 2009 reflected a decrease of approximately 80.7% over the same period in fiscal year 2008. The decrease is primarily due to an increase to the provision for loan losses, recognition of other-than-temporary impairments on certain securities and expense for the Federal Deposit Insurance Corporation (FDIC) special assessment insurance premium. Net loss attributable to shareholders was $8,960 or $0.00 per diluted share compared to net income attributable to shareholders of $564,819 or $0.51 per diluted share in the previous year period. Net interest income was $2,452,195 compared to $2,367,388 in the previous year period. Income before income taxes was $144,898 compared to $753,600 in the previous year period. The company reported return on average assets of 0.16% compared to 0.71% in the previous year period. The company reported negative return on average common equity of 0.18% compared to 9.32% in the previous year period. For the twelve months ended June 30, 2009, the corporation reported net loss of $2,387,000. This is compared to net income of $2,602,000 for the twelve months ended June 30, 2008. The twelve month period ended June 30, 2009 includes security losses of approximately $7,743,000, an increase in the loan loss provision of $1,078,000 and an increase in FDIC insurance assessments of approximately $517,000. Net loss attributable to shareholders was $2,634,902 or $2.38 per diluted share compared to net income attributable to shareholders of $2,601,989 or $2.23 per diluted share in the previous year period. Net interest income was $9,968,424 compared to $8,824,368 in the previous year period. Loss before income taxes was $4,331,722 compared to income before income taxes of $3,454,838 in the previous year period. The company reported negative return on average common equity of 12.57% compared to 10.26% in the previous year period. The company reported negative return on average assets of 0.74% compared to 0.86% in the previous year period.
FFWC Competitors
| Company | Last | Change | |
| No competitor information is available for FFWC. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | FFWC | Industry Range |
| Price/Earnings | 12.5x |
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| Price/Sales | 1.2x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | 9.0x |
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| TEV/Sales | NM | Not Meaningful |
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FFWC |
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FFWC transactions
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| No transactions in the last 6 months. | ||
