Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for banking industry professionals · Saturday, June 22, 2024 · 722,112,552 Articles · 3+ Million Readers

FFW Corporation Announces Quarterly Cash Dividend

/EIN News/ -- WABASH, Ind., May 24, 2024 (GLOBE NEWSWIRE) -- FFW Corporation (OTC PINK: FFWC) (5/23/24 Close: $34.54), parent corporation of Crossroads Bank, has approved a quarterly cash dividend of $0.29 per share of common stock. The dividend is payable June 28, 2024, to shareholders of record on June 14, 2024.

The book value of FFW Corporation stock was $41.72 per share as of April 30, 2024. The last reported trade of stock at the close of business on May 23, 2024, was $34.54 per share and the number of outstanding shares was 1,126,243 as of the same date. On April 30, 2024, the corporation had assets of $554.9 million and shareholders' equity of $47.0 million. The Board of FFW Corporation and Crossroads Bank will continue to evaluate the payment of a dividend on a quarterly basis.

Crossroads Bank is a wholly owned subsidiary of FFW Corporation, providing an extensive array of banking services and a wide range of investments and securities products through its main office in Wabash and six Indiana banking centers located in Columbia City, North Manchester, Peru, South Whitley, Syracuse, and Warsaw. The Bank also provides leasing services at each of its banking centers. Insurance products are offered through an affiliated company, Insurance 1 Services, Inc. The Corporation’s stock is traded on the OTC Markets under the symbol “FFWC.” Our website address is Crossroads Bank, Member FDIC.

Kirsten Pendarvis
(260) 563-3185

SOURCE: FFW Corporation

Powered by EIN News
Distribution channels: Banking, Finance & Investment Industry ...

EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release