Earnings summaries and quarterly performance for Finward Bancorp.
Executive leadership at Finward Bancorp.
Benjamin Bochnowski
Detailed
President and Chief Executive Officer; Chief Executive Officer of Peoples Bank
CEO
BS
Benjamin Schmitt
Detailed
Executive Vice President, Chief Financial Officer and Treasurer
DK
David Kwait
Detailed
Senior Vice President, Chief Risk Officer, General Counsel and Secretary
RL
Robert Lowry
Detailed
Executive Vice President, Chief Operating Officer
TS
Todd Scheub
Detailed
Executive Vice President, Chief Revenue Officer; President of Peoples Bank
Board of directors at Finward Bancorp.
AH
Amy Han
Detailed
Director
AP
Anthony Puntillo
Detailed
Vice-Chairman of the Board
CB
Carolyn Burke
Detailed
Director
DG
Danette Garza
Detailed
Director
JE
Jennifer Evans
Detailed
Director
JG
Joel Gorelick
Detailed
Chairman of the Board
MA
Martin Alwin
Detailed
Director
RJ
Robert Johnson III
Detailed
Director
RY
Robert Youman
Detailed
Director
Research analysts covering Finward Bancorp.
Recent press releases and 8-K filings for FNWD.
Finward Bancorp Announces Fourth Quarter 2025 Results
FNWD
Earnings
Guidance Update
- Finward Bancorp reported net income available to common stockholders of $2.0 million, or $0.46 per diluted share, for the fourth quarter ended December 31, 2025, a decrease from $3.5 million, or $0.81 per diluted share, in the prior quarter.
- The company's net interest margin on a tax-equivalent basis increased to 3.32% for Q4 2025 from 3.18% in Q3 2025, while return on assets was 0.39% and return on equity was 4.66% for the quarter.
- CEO Benjamin Bochnowski stated that operational results were significantly stronger in 2025 than 2024, and actions taken in Q4, including a $26.6 million securities repositioning, are expected to enhance the financial position, despite resulting in a $1.6 million pre-tax reduction to Q4 results.
- The tangible book value per share (non-GAAP) increased to $34.92 at December 31, 2025, from $32.77 at September 30, 2025, and the Tier 1 leverage ratio improved to 8.93% from 8.77% over the same period.
Jan 27, 2026, 9:05 PM
Finward Bancorp Announces Fourth Quarter 2025 Results
FNWD
Earnings
New Projects/Investments
- Finward Bancorp reported net income available to common stockholders of $2.0 million, or $0.46 per diluted share, for the quarter ended December 31, 2025, a decrease from $3.5 million, or $0.81 per diluted share, in the prior quarter, partly due to a $1.6 million pre-tax reduction from a securities repositioning.
- The company's net interest margin, tax-equivalent, improved to 3.32% for Q4 2025, up from 3.18% in Q3 2025, driven by increased loan yields and reduced deposit costs.
- Asset quality improved with non-performing loans decreasing by 14.3% to $11.9 million at December 31, 2025, and the ratio of non-performing loans to total loans falling to 0.82%.
- Total deposits decreased by 1.4% to $1.7 billion as of December 31, 2025, compared to September 30, 2025.
Jan 27, 2026, 9:03 PM
Finward Bancorp Announces Third Quarter 2025 Results
FNWD
Earnings
Revenue Acceleration/Inflection
- 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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