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Side-by-side financial comparison of Finward Bancorp (FNWD) and Idaho Strategic Resources, Inc. (IDR). Click either name above to swap in a different company.

Finward Bancorp is the larger business by last-quarter revenue ($16.5M vs $14.6M, roughly 1.1× Idaho Strategic Resources, Inc.). Idaho Strategic Resources, Inc. runs the higher net margin — 64.3% vs 12.0%, a 52.3% gap on every dollar of revenue. On growth, Idaho Strategic Resources, Inc. posted the faster year-over-year revenue change (92.0% vs 1.1%). Finward Bancorp produced more free cash flow last quarter ($9.0M vs $8.2M). Over the past eight quarters, Idaho Strategic Resources, Inc.'s revenue compounded faster (57.2% CAGR vs -19.1%).

Finward Bancorp is a U.S.-headquartered regional bank holding company. It offers a full range of retail and commercial banking products and services, including deposit accounts, personal and mortgage loans, small business financing, and wealth management solutions, primarily serving individual customers and small to mid-sized enterprises in its local operating regions.

Idaho Strategic Resources, Inc. is a U.S.-based natural resource company focused on the exploration, development, and production of critical and strategic minerals. Primarily operating in Idaho, it targets rare earth elements, gold, silver, and other high-demand minerals, supplying products to the clean energy, defense, and industrial manufacturing sectors across North America.

FNWD vs IDR — Head-to-Head

Bigger by revenue
FNWD
FNWD
1.1× larger
FNWD
$16.5M
$14.6M
IDR
Growing faster (revenue YoY)
IDR
IDR
+90.9% gap
IDR
92.0%
1.1%
FNWD
Higher net margin
IDR
IDR
52.3% more per $
IDR
64.3%
12.0%
FNWD
More free cash flow
FNWD
FNWD
$886.4K more FCF
FNWD
$9.0M
$8.2M
IDR
Faster 2-yr revenue CAGR
IDR
IDR
Annualised
IDR
57.2%
-19.1%
FNWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FNWD
FNWD
IDR
IDR
Revenue
$16.5M
$14.6M
Net Profit
$2.0M
$9.4M
Gross Margin
68.5%
Operating Margin
11.0%
62.4%
Net Margin
12.0%
64.3%
Revenue YoY
1.1%
92.0%
Net Profit YoY
-5.6%
220.6%
EPS (diluted)
$0.46
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FNWD
FNWD
IDR
IDR
Q4 25
$16.5M
$14.6M
Q3 25
$17.4M
$11.1M
Q2 25
$16.6M
$9.5M
Q1 25
$15.5M
$7.3M
Q4 24
$16.3M
$7.6M
Q3 24
$14.9M
$6.2M
Q2 24
$14.6M
$6.1M
Q1 24
$25.3M
$5.9M
Net Profit
FNWD
FNWD
IDR
IDR
Q4 25
$2.0M
$9.4M
Q3 25
$3.5M
$3.0M
Q2 25
$2.2M
$2.8M
Q1 25
$455.0K
$1.6M
Q4 24
$2.1M
$2.9M
Q3 24
$606.0K
$1.6M
Q2 24
$143.0K
$2.2M
Q1 24
$9.3M
$2.2M
Gross Margin
FNWD
FNWD
IDR
IDR
Q4 25
68.5%
Q3 25
63.6%
Q2 25
57.8%
Q1 25
50.8%
Q4 24
53.3%
Q3 24
48.7%
Q2 24
50.2%
Q1 24
48.1%
Operating Margin
FNWD
FNWD
IDR
IDR
Q4 25
11.0%
62.4%
Q3 25
20.5%
23.4%
Q2 25
12.7%
26.6%
Q1 25
4.0%
19.3%
Q4 24
16.3%
36.2%
Q3 24
2.7%
23.4%
Q2 24
0.9%
34.2%
Q1 24
40.6%
36.3%
Net Margin
FNWD
FNWD
IDR
IDR
Q4 25
12.0%
64.3%
Q3 25
20.1%
26.8%
Q2 25
12.9%
29.2%
Q1 25
2.9%
22.1%
Q4 24
12.9%
38.5%
Q3 24
4.1%
25.8%
Q2 24
1.0%
35.2%
Q1 24
36.7%
36.8%
EPS (diluted)
FNWD
FNWD
IDR
IDR
Q4 25
$0.46
$0.62
Q3 25
$0.81
$0.20
Q2 25
$0.50
$0.20
Q1 25
$0.11
$0.12
Q4 24
$0.50
$0.21
Q3 24
$0.14
$0.12
Q2 24
$0.03
$0.17
Q1 24
$2.17
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FNWD
FNWD
IDR
IDR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$2.3M
Stockholders' EquityBook value
$174.7M
$108.2M
Total Assets
$2.0B
$116.2M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNWD
FNWD
IDR
IDR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$6.3M
Q1 24
$5.3M
Total Debt
FNWD
FNWD
IDR
IDR
Q4 25
$2.3M
Q3 25
$3.0M
Q2 25
$3.3M
Q1 25
$3.7M
Q4 24
$1.7M
Q3 24
$2.9M
Q2 24
$2.7M
Q1 24
$3.3M
Stockholders' Equity
FNWD
FNWD
IDR
IDR
Q4 25
$174.7M
$108.2M
Q3 25
$165.5M
$74.3M
Q2 25
$154.3M
$49.3M
Q1 25
$151.8M
$39.8M
Q4 24
$151.4M
$37.7M
Q3 24
$159.6M
$33.1M
Q2 24
$148.6M
$25.4M
Q1 24
$151.6M
$21.6M
Total Assets
FNWD
FNWD
IDR
IDR
Q4 25
$2.0B
$116.2M
Q3 25
$2.1B
$83.1M
Q2 25
$2.1B
$57.7M
Q1 25
$2.0B
$48.1M
Q4 24
$2.1B
$44.0M
Q3 24
$2.1B
$40.8M
Q2 24
$2.1B
$32.2M
Q1 24
$2.1B
$28.7M
Debt / Equity
FNWD
FNWD
IDR
IDR
Q4 25
0.02×
Q3 25
0.04×
Q2 25
0.07×
Q1 25
0.09×
Q4 24
0.05×
Q3 24
0.09×
Q2 24
0.11×
Q1 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FNWD
FNWD
IDR
IDR
Operating Cash FlowLast quarter
$9.9M
$10.7M
Free Cash FlowOCF − Capex
$9.0M
$8.2M
FCF MarginFCF / Revenue
54.8%
56.0%
Capex IntensityCapex / Revenue
5.2%
17.7%
Cash ConversionOCF / Net Profit
4.99×
1.15×
TTM Free Cash FlowTrailing 4 quarters
$10.6M
$12.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNWD
FNWD
IDR
IDR
Q4 25
$9.9M
$10.7M
Q3 25
$1.2M
$2.4M
Q2 25
$4.8M
$3.5M
Q1 25
$-3.8M
$2.4M
Q4 24
$9.8M
$3.2M
Q3 24
$-3.7M
$2.5M
Q2 24
$2.8M
$2.6M
Q1 24
$-25.0K
$2.6M
Free Cash Flow
FNWD
FNWD
IDR
IDR
Q4 25
$9.0M
$8.2M
Q3 25
$1.0M
$709.8K
Q2 25
$4.5M
$2.5M
Q1 25
$-4.0M
$1.0M
Q4 24
$6.7M
$2.1M
Q3 24
$-4.2M
$1.9M
Q2 24
$1.1M
$2.4M
Q1 24
$-736.0K
$2.3M
FCF Margin
FNWD
FNWD
IDR
IDR
Q4 25
54.8%
56.0%
Q3 25
6.0%
6.4%
Q2 25
27.0%
26.5%
Q1 25
-25.7%
13.8%
Q4 24
41.2%
28.0%
Q3 24
-28.5%
30.4%
Q2 24
7.6%
38.7%
Q1 24
-2.9%
38.3%
Capex Intensity
FNWD
FNWD
IDR
IDR
Q4 25
5.2%
17.7%
Q3 25
0.9%
15.3%
Q2 25
1.7%
10.8%
Q1 25
1.2%
19.4%
Q4 24
18.8%
13.6%
Q3 24
3.4%
9.8%
Q2 24
11.2%
4.3%
Q1 24
2.8%
5.5%
Cash Conversion
FNWD
FNWD
IDR
IDR
Q4 25
4.99×
1.15×
Q3 25
0.34×
0.81×
Q2 25
2.22×
1.28×
Q1 25
-8.37×
1.50×
Q4 24
4.66×
1.08×
Q3 24
-6.15×
1.56×
Q2 24
19.23×
1.22×
Q1 24
-0.00×
1.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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