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Side-by-side financial comparison of Finward Bancorp (FNWD) and STRATUS PROPERTIES INC (STRS). Click either name above to swap in a different company.

Finward Bancorp is the larger business by last-quarter revenue ($16.5M vs $8.3M, roughly 2.0× STRATUS PROPERTIES INC). STRATUS PROPERTIES INC runs the higher net margin — 203.2% vs 12.0%, a 191.2% gap on every dollar of revenue. On growth, Finward Bancorp posted the faster year-over-year revenue change (1.1% vs -19.4%). Finward Bancorp produced more free cash flow last quarter ($9.0M vs $-38.0M). Over the past eight quarters, Finward Bancorp's revenue compounded faster (-19.1% CAGR vs -44.1%).

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.

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

FNWD vs STRS — Head-to-Head

Bigger by revenue
FNWD
FNWD
2.0× larger
FNWD
$16.5M
$8.3M
STRS
Growing faster (revenue YoY)
FNWD
FNWD
+20.5% gap
FNWD
1.1%
-19.4%
STRS
Higher net margin
STRS
STRS
191.2% more per $
STRS
203.2%
12.0%
FNWD
More free cash flow
FNWD
FNWD
$47.1M more FCF
FNWD
$9.0M
$-38.0M
STRS
Faster 2-yr revenue CAGR
FNWD
FNWD
Annualised
FNWD
-19.1%
-44.1%
STRS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FNWD
FNWD
STRS
STRS
Revenue
$16.5M
$8.3M
Net Profit
$2.0M
$16.9M
Gross Margin
Operating Margin
11.0%
Net Margin
12.0%
203.2%
Revenue YoY
1.1%
-19.4%
Net Profit YoY
-5.6%
1293.4%
EPS (diluted)
$0.46
$2.42

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
STRS
STRS
Q4 25
$16.5M
$8.3M
Q3 25
$17.4M
$5.0M
Q2 25
$16.6M
$11.6M
Q1 25
$15.5M
$5.0M
Q4 24
$16.3M
$10.3M
Q3 24
$14.9M
$8.9M
Q2 24
$14.6M
$8.5M
Q1 24
$25.3M
$26.5M
Net Profit
FNWD
FNWD
STRS
STRS
Q4 25
$2.0M
$16.9M
Q3 25
$3.5M
$-8.0M
Q2 25
$2.2M
$-2.3M
Q1 25
$455.0K
$-3.8M
Q4 24
$2.1M
$-1.4M
Q3 24
$606.0K
$-1.4M
Q2 24
$143.0K
$-2.8M
Q1 24
$9.3M
$3.7M
Gross Margin
FNWD
FNWD
STRS
STRS
Q4 25
Q3 25
-85.1%
Q2 25
-19.0%
Q1 25
5.1%
Q4 24
18.3%
Q3 24
2.5%
Q2 24
10.9%
Q1 24
30.7%
Operating Margin
FNWD
FNWD
STRS
STRS
Q4 25
11.0%
Q3 25
20.5%
-162.9%
Q2 25
12.7%
-6.5%
Q1 25
4.0%
-71.3%
Q4 24
16.3%
-13.6%
Q3 24
2.7%
-17.1%
Q2 24
0.9%
-34.4%
Q1 24
40.6%
13.9%
Net Margin
FNWD
FNWD
STRS
STRS
Q4 25
12.0%
203.2%
Q3 25
20.1%
-161.1%
Q2 25
12.9%
-19.8%
Q1 25
2.9%
-74.5%
Q4 24
12.9%
-13.7%
Q3 24
4.1%
-15.9%
Q2 24
1.0%
-32.7%
Q1 24
36.7%
13.9%
EPS (diluted)
FNWD
FNWD
STRS
STRS
Q4 25
$0.46
$2.42
Q3 25
$0.81
$-0.62
Q2 25
$0.50
$0.03
Q1 25
$0.11
$-0.36
Q4 24
$0.50
$-0.06
Q3 24
$0.14
$-0.05
Q2 24
$0.03
$-0.21
Q1 24
$2.17
$0.56

Balance Sheet & Financial Strength

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

Metric
FNWD
FNWD
STRS
STRS
Cash + ST InvestmentsLiquidity on hand
$74.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.7M
$204.5M
Total Assets
$2.0B
$563.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNWD
FNWD
STRS
STRS
Q4 25
$74.3M
Q3 25
$55.0M
Q2 25
$59.4M
Q1 25
$12.0M
Q4 24
$20.2M
Q3 24
$19.6M
Q2 24
$13.5M
Q1 24
$20.7M
Stockholders' Equity
FNWD
FNWD
STRS
STRS
Q4 25
$174.7M
$204.5M
Q3 25
$165.5M
$185.8M
Q2 25
$154.3M
$191.9M
Q1 25
$151.8M
$191.5M
Q4 24
$151.4M
$194.7M
Q3 24
$159.6M
$196.4M
Q2 24
$148.6M
$196.3M
Q1 24
$151.6M
$197.6M
Total Assets
FNWD
FNWD
STRS
STRS
Q4 25
$2.0B
$563.4M
Q3 25
$2.1B
$572.6M
Q2 25
$2.1B
$574.8M
Q1 25
$2.0B
$534.6M
Q4 24
$2.1B
$532.6M
Q3 24
$2.1B
$523.2M
Q2 24
$2.1B
$514.0M
Q1 24
$2.1B
$509.5M

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
STRS
STRS
Operating Cash FlowLast quarter
$9.9M
$-29.9M
Free Cash FlowOCF − Capex
$9.0M
$-38.0M
FCF MarginFCF / Revenue
54.8%
-458.5%
Capex IntensityCapex / Revenue
5.2%
98.2%
Cash ConversionOCF / Net Profit
4.99×
-1.77×
TTM Free Cash FlowTrailing 4 quarters
$10.6M
$-70.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNWD
FNWD
STRS
STRS
Q4 25
$9.9M
$-29.9M
Q3 25
$1.2M
$-9.0M
Q2 25
$4.8M
$-1.7M
Q1 25
$-3.8M
$-13.5M
Q4 24
$9.8M
$-5.8M
Q3 24
$-3.7M
$-686.0K
Q2 24
$2.8M
$-8.3M
Q1 24
$-25.0K
$6.5M
Free Cash Flow
FNWD
FNWD
STRS
STRS
Q4 25
$9.0M
$-38.0M
Q3 25
$1.0M
$-9.9M
Q2 25
$4.5M
$-4.3M
Q1 25
$-4.0M
$-18.0M
Q4 24
$6.7M
$-35.0M
Q3 24
$-4.2M
$-7.5M
Q2 24
$1.1M
$-16.3M
Q1 24
$-736.0K
$-1.6M
FCF Margin
FNWD
FNWD
STRS
STRS
Q4 25
54.8%
-458.5%
Q3 25
6.0%
-198.7%
Q2 25
27.0%
-37.2%
Q1 25
-25.7%
-357.4%
Q4 24
41.2%
-339.7%
Q3 24
-28.5%
-84.4%
Q2 24
7.6%
-191.6%
Q1 24
-2.9%
-6.0%
Capex Intensity
FNWD
FNWD
STRS
STRS
Q4 25
5.2%
98.2%
Q3 25
0.9%
18.4%
Q2 25
1.7%
22.7%
Q1 25
1.2%
89.8%
Q4 24
18.8%
283.0%
Q3 24
3.4%
76.7%
Q2 24
11.2%
94.2%
Q1 24
2.8%
30.7%
Cash Conversion
FNWD
FNWD
STRS
STRS
Q4 25
4.99×
-1.77×
Q3 25
0.34×
Q2 25
2.22×
Q1 25
-8.37×
Q4 24
4.66×
Q3 24
-6.15×
Q2 24
19.23×
Q1 24
-0.00×
1.77×

Financial Flow Comparison

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

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