Finward Bancorp (FNWD) Company Report

Finward Bancorp reported net income available to common stockholders of $3.5 million, or $0.81 per diluted share, for the quarter ended September 30, 2025, a significant increase from $2.2 million, or $0.50 per diluted share, in the prior quarter ended June 30, 2025.
The company achieved margin expansion, with the tax-equivalent net interest margin rising to 3.18% for Q3 2025 from 3.11% in Q2 2025. The efficiency ratio improved to 81.22% in Q3 2025 from 88.92% in Q2 2025, primarily due to lower non-interest expenses.
Total deposits remained stable at $1.8 billion as of September 30, 2025, with non-interest-bearing deposits increasing by $9.1 million. The aggregate loan portfolio also remained stable at $1.5 billion.
Non-performing loans saw a slight increase to $13.9 million at September 30, 2025, from $13.5 million at June 30, 2025, resulting in a non-performing loans to total loans ratio of 0.94%. The allowance for credit losses (ACL) on loans was $18.0 million, representing 1.22% of total loans receivable.

Oct 28, 2025, 9:30 PM

Finward Bancorp Announces Strong Third Quarter 2025 Results

FNWD

Earnings

Revenue Acceleration/Inflection

Dividends

Finward Bancorp reported net income available to common stockholders of $3.5 million, or $0.81 per diluted share, for the third quarter ended September 30, 2025, an increase from $2.2 million or $0.50 per diluted share in the prior quarter.
Key performance ratios improved, with Return on Equity at 8.96% and the Efficiency Ratio at 81.22% for Q3 2025, compared to 5.66% and 88.92% respectively in Q2 2025.
The net interest margin on a tax-equivalent basis expanded to 3.18% for the quarter ended September 30, 2025, up from 3.11% in the previous quarter, driven by increased loan yields.
Deposits totaled $1.8 billion as of September 30, 2025, a slight increase of $4.2 million, and the Bancorp maintained $737 million in available liquidity.
Non-performing loans increased slightly to $13.9 million (0.94% of total loans) at September 30, 2025, but the allowance for credit losses to non-performing loans remained robust at 129.4%.

Oct 28, 2025, 9:28 PM

Finward Bancorp to present at 2025 Stephens Banking Forum

FNWD

Earnings

Guidance Update

Finward Bancorp will present financial and other information to investors at the 2025 Stephens Banking Forum in Little Rock, Arkansas.
As of June 30, 2025, the company reported Total Assets of $2,057 Million, Total Gross Loans of $1,484 Million, and Total Deposits of $1,755 Million.
The tax-adjusted net interest margin (NIM) for the three months ended June 30, 2025, was 3.11%, an increase from 2.95% for the three months ended March 31, 2025.
Total deposits increased by $4.5 million during the three months ended June 30, 2025, with 72% of deposits fully FDIC insured.
The Bank's Tier 1 capital to adjusted average assets ratio was 8.69% at June 30, 2025, which is considered well capitalized by regulatory definition.

Sep 17, 2025, 12:30 PM

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Finward Bancorp (FNWD)