VWF Bancorp, Inc. (VWFB)
VWF Bancorp, Inc. acts as the holding entity for Van Wert Federal Savings Bank, a financial institution primarily engaged in generating loans and gathering deposits within Van Wert, Ohio. For its clientele, the bank offers a variety of deposit options, such as interest-bearing and non-interest-bearing checking accounts, savings accounts, individual retirement accounts (IRAs), and certificates of deposit (CDs). The bulk of its lending activity is concentrated in mortgages for single to four-family residential properties. Beyond this, its loan offerings encompass commercial and agricultural real estate financing, construction and land development loans, commercial and industrial loans, home equity lines of credit, and general consumer loans. Established in 1889, the company is headquartered in Van Wert, Ohio.
Sector: Savings Institutions, Not Federally Chartered
Industry: Banks - Regional
VWF Bancorp, Inc.
OTC:VWFBFinancial Services · Banks - Regional
-0.34%$14.65
Mkt Cap$28M
Float1.77M
O/S1.91M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$22.84M
Net Income$172K
Total Assets$402.71M
Free Cash Flow-$2K
Debt & Equity
Debt 47%
Equity 53%
Total Debt$31.57M
Total Equity$35.09M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in VWFB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$402.71M
Liabilities$367.62M
Accounts Receivable$1.35M
Accounts Payable$0
Inventory$0
PP&E (Net)$3.3M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Revenue | $22.84M | $17.18M | $12.25M | $5.26M | $3.13M | $3.32M | $3.8M |
| YoY Growth | 32.9% | 40.2% | 132.8% | 68.4% | -6.0% | -12.6% | - |
| Cost of Revenue | $12.79M | $12.09M | $7.35M | $821K | $325K | $453K | $0 |
| Gross Profit | $10.05M | $5.07M | $4.91M | $4.44M | $2.8M | $2.87M | $3.8M |
| Gross Margin | 44.0% | 29.5% | 40.0% | 84.4% | 89.6% | 86.4% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $6.08M | $4.93M | $4.62M | $3.43M | $1.69M | $1.8M | $2.1M |
| Other | $3.79M | $5.85M | $2.86M | $1.74M | $1.16M | $778K | -$1.27M |
| Total Operating Expenses | $9.87M | $5.85M | $7.48M | $5.17M | $2.84M | $2.58M | $825K |
| Operating Income (EBIT) | $175K | -$4.24M | -$2.57M | -$728K | -$40K | $293K | $491K |
| Operating Margin | 0.8% | -24.7% | -21.0% | -13.8% | -1.3% | 8.8% | 12.9% |
| Interest Expense | $12.48M | $11.31M | $6.73M | $780K | $325K | $453K | $11 |
| Interest Income | $22.21M | $19.15M | $12.02M | $5.05M | $3.2M | $3.11M | $0 |
| Other Income (Expense) | $0 | -$10K | $0 | $0 | $0 | $0 | -$2K |
| Income Before Tax (EBT) | $175K | -$4.25M | -$2.57M | -$728K | -$40K | $293K | $489K |
| Income Tax Expense | $4K | -$948K | -$550K | -$183K | -$31K | $35K | $77K |
| Net Income | $172K | -$3.3M | -$2.02M | -$545K | -$9K | $258K | $411K |
| Net Income Margin | 0.8% | -19.2% | -16.5% | -10.4% | -0.3% | 7.8% | 10.8% |
| Supplementary Data | |||||||
| EPS | 0.10 | -1.88 | -1.14 | -0.31 | -0.00 | 0.10 | 0.16 |
| Diluted EPS | 0.10 | -1.88 | -1.14 | -0.31 | -0.00 | 0.10 | 0.16 |
| Weighted Average OS | 1.77M | 1.76M | 1.77M | 1.77M | 1.92M | 2.51M | 2.51M |
| EBITDA | $175K | -$4.24M | -$2.39M | -$662K | $24K | $293K | $567K |
| EBITDA Margin | 0.8% | -24.7% | -19.5% | -12.6% | 0.8% | 8.8% | 14.9% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $14.16M | $8.04M | $31.63M | $5.52M | $38.18M | $16.55M | $23.77M |
| Short-Term Investments | $0 | $0 | $139.34M | $70.59M | $24.49M | $28.53M | $0 |
| Cash and Short-Term Investments | $14.16M | $8.04M | $170.98M | $76.1M | $62.68M | $45.08M | $23.77M |
| Accounts Receivable | $1.35M | $1.32M | $962K | $499K | $219K | $193K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $9.36M | $0 | $0 | $0 | $0 | $8.3M |
| Total Current Assets | $15.51M | $9.36M | $171.94M | $76.6M | $62.9M | $45.27M | $32.07M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $3.3M | $4.18M | $3.67M | $1.41M | $1.37M | $1.42M | $1.45M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $375.09M | $375.41M | $126.39M | $81.21M | $77.71M | $74.38M | $9.09M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $8.82M | -$4.18M | $9.26M | $6.75M | $7.59M | $6.15M | $77.55M |
| Total Long-Term Assets | $387.2M | $387.55M | $139.32M | $89.37M | $86.67M | $81.96M | $88.09M |
| Other Assets | $0 | $387.55M | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $402.71M | $396.91M | $311.25M | $165.97M | $149.56M | $127.23M | $120.16M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $0 | $0 | $0 | $651K | $274K | $329K | $0 |
| Short-Term Debt | $0 | $176K | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $190.77M | $209.31M | $119.99M | $109.99M | $100.92M | $16.97M |
| Total Current Liabilities | $0 | $190.94M | $209.31M | $120.64M | $110.26M | $101.25M | $16.97M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $30.35M | $18.5M | $62M | $6.2M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $336.04M | -$19.66M | $1.95M | $629K | $15.93M | $579K | $77.83M |
| Total Long-Term Liabilities | $367.62M | $361.96M | $65.4M | $6.83M | $15.93M | $579K | $77.83M |
| Other Liabilities | $0 | $171.19M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $367.62M | $362.14M | $274.71M | $127.47M | $126.2M | $101.83M | $94.8M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $19K | $19K | $19K | $19K | $0 | $0 | $0 |
| Retained Earnings | $19.72M | $19.55M | $22.84M | $24.92M | $25.46M | $25.47M | $25.28M |
| Comprehensive Income & Other | -$2.36M | -$2.28M | -$2.38M | -$2.85M | -$2.09M | -$75K | $84K |
| Other Stockholders' Equity | $15.36M | $15.21M | $13.68M | $13.56M | -$2.09M | -$75K | $84K |
| Total Equity | $35.09M | $34.77M | $36.55M | $38.5M | $23.37M | $25.4M | $25.36M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $402.71M | $396.91M | $311.25M | $165.97M | $149.56M | $127.23M | $120.16M |
| Supplementary Data | |||||||
| Total Debt | $31.57M | $19.84M | $63.44M | $6.2M | $0 | $0 | $0 |
| Net Debt | $17.41M | $19.84M | $31.81M | $684K | -$38.18M | -$16.55M | -$23.77M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Operating Activities | |||||||
| Net Income | $172K | -$3.3M | -$2.02M | -$545K | -$9K | $258K | $411K |
| Depreciation & Amortization | $0 | $456K | $175K | $66K | $64K | $71K | $78K |
| Deferred Income Tax | $0 | $0 | -$555K | -$176K | -$37K | -$17K | $0 |
| Stock-Based Compensation | $0 | $286K | $247K | $165K | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||
| Accounts Receivable | $0 | -$362K | -$463K | -$280K | -$26K | $28K | $103K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$211K | -$293K | $760K | $1.11M | -$806K | $16K | -$20K |
| Total Working Capital Change | -$211K | -$655K | $297K | $827K | -$832K | $45K | $83K |
| Other Non-Cash Items | $177K | $1.18M | -$124K | -$19K | $277K | -$66K | -$75K |
| Net Cash from Operating | $138K | -$2.03M | -$1.98M | $317K | -$538K | $290K | $497K |
| Investing Activities | |||||||
| Capital Expenditures | -$139K | -$987K | -$990K | -$104K | -$15K | -$41K | -$21K |
| Acquisitions | $4K | $10K | $0 | -$2.07M | $0 | $0 | -$16.79M |
| Purchases of Investments | -$63.47M | -$110.92M | -$114.77M | -$51.74M | -$12.66M | -$24.35M | -$7.99M |
| Sales of Investments | $90.11M | $63.73M | $47.3M | $4.55M | $13.75M | $6.57M | $24.78M |
| Other Investing Activities | -$26.09M | -$60.8M | -$47.48M | $616K | $94K | -$1.7M | $14.39M |
| Net Cash from Investing | $420K | -$108.97M | -$115.94M | -$48.74M | $1.17M | -$19.52M | $14.37M |
| Financing Activities | |||||||
| Debt Repaid | - | - | -$55.8M | -$6.2M | -$36K | $15K | - |
| Common Stock Issuance | $0 | $0 | $0 | $1.01M | $0 | $0 | $0 |
| Common Stock Repurchases | -$6K | -$129K | -$598K | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$6.28M | $131.03M | $88.83M | $10.01M | $24.38M | $7.13M | $4.06M |
| Net Cash from Financing | $5.57M | $87.4M | $144.03M | $17.23M | $24.42M | $7.12M | $4.06M |
| Forex Effect | -$6.12M | $0 | $0 | $0 | $0 | $0 | $4.85M |
| Net Change in Cash | $0 | -$23.59M | $26.11M | -$31.2M | $25.05M | -$12.11M | $23.77M |
| Supplementary Data | |||||||
| Operating Cash Flow | $138K | -$2.03M | -$1.98M | $317K | -$538K | $290K | $497K |
| Capital Expenditure | -$139K | -$987K | -$990K | -$104K | -$15K | -$41K | -$21K |
| Free Cash Flow | -$2K | -$3.01M | -$2.97M | $213K | -$552K | $249K | $476K |
| Cash at Beginning | $0 | $31.63M | $5.52M | $36.71M | $11.66M | $23.77M | $0 |
| Cash at End | $0 | $8.04M | $31.63M | $5.52M | $36.71M | $11.66M | $23.77M |