Finward Bancorp Overview
Industry: Banks Regional
Sector: Financial Services
Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans. Its loan products portfolio comprises residential mortgage loans that enable borrowers to purchase existing homes, refinance existing homes, or construct new homes; construction loans primarily to individuals and contractors; commercial real estate loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement loans and equity loans; commercial business loans; government loans; and loans to municipalities. The company also offers estate and retirement planning, guardianships, land trusts, profit sharing and 401(k) retirement plans, IRA and Keogh accounts, and investment agency accounts, as well as serves as the personal representative of estates, and acts as trustee for revocable and irrevocable trusts. In addition, it provides insurance and annuity investments to wealth management customers; holds real estate properties; and operates as a real estate investment trust. The company was formerly known as NorthWest Indiana Bancorp and changed its name to Finward Bancorp in May 2021. Finward Bancorp was founded in 1916 and is headquartered in Munster, Indiana. Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savin Read MoreMavefund brings filings, fundamentals, valuation, price history and news for Finward Bancorp into one research view. The sections below show what strengthens or weakens the research case.
Score
Reported Results
What the company reported, with filing details kept small.
Quarterly result summary
Revenue was $17.5M (+6% YoY); EPS was $0.52 (+13% YoY).
Revenue
$17.5M
+6% YoY
EPS
$0.52
+13% YoY
What changed
- Revenue +6% YoY to $17.5M; EPS +13% YoY to $0.52.
- Operating Income and Expenses - Non-interest income as a percentage of average assets was 0.48% for the quarter ended March 31, 2026 , as compared to 0.29% for the quarter ended December 31, 2025 . The increase in non-interest income quarter over quarter was primarily attributable to the $1.6 million in realized losses on the sale of investment securities during December 2025. Total non-interest expense decreased slightly from the prior quarter, while non- interest expense as a percentage of average assets was 2.93% for the quarter ended March 31, 2026 , as compared to 2.90% for the quarter ended December 31, 2025 . The decrease in non-interest expense quarter over quarter was primarily attributable to l ower data processing and technology expenses as well as l owe r occupancy and equipment costs . The Bank remains focused on identifying additional operating efficiencies and third-party expense reductions.
Guidance / outlook
No formal outlook was extracted from this filing excerpt. Open the SEC source to review full management commentary.
Earnings release
Open filing
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
Prediction-grade evidence
Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Finward Bancorp (NASDAQ: FNWD)
Headline from PR Newswire: $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Finward Bancorp (NASDAQ: FNWD).
Finward Bancorp shares surge 21% on $208M acquisition by First Financial (FNWD:NASDAQ)
Headline from Seeking Alpha: Finward Bancorp shares surge 21% on $208M acquisition by First Financial (FNWD:NASDAQ).
Finward Bancorp Acquisition
Headline from Business Wire: Finward Bancorp Acquisition.
Finward Bancorp Acquisition
Headline from Yahoo Finance: Finward Bancorp Acquisition.
Finward Bancorp Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Finward Bancorp - FNWD
Headline from Business Wire: Finward Bancorp Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Finward Bancorp - FNWD.
Are UTZ, BLFS, FNWD Obtaining Fair Deals for their Shareholders?
Headline from PR Newswire: Are UTZ, BLFS, FNWD Obtaining Fair Deals for their Shareholders?
Earnings Per Share
Score 2.00/5
Finward Bancorp earns a low score, as its Earnings Per Share (EPS) has not shown continuous growth over the last six years. Notable counterparts in the sector with high scores includes
Aflac Inc
Pathward Financial Inc
T. Rowe Price Group Inc
In
Banks Regional industry
, Pathward Financial Inc
, The Bancorp Inc
, Axos Financial
are companies with high ratings.
Return on Equity
Score 3.76/5
Finward Bancorp stands out with a superior score in the Return on Equity (ROE) section, surpassing the sector median value and showcasing its strong performance in this metric. The top companies in the same sector include
Aflac Inc
Pathward Financial Inc
T. Rowe Price Group Inc
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Net Margin
Score 2.49/5
Finward Bancorp
olds a low score as its net margin consistently trails below the sector median value and doesn't exhibit continuous growth over the last six years; notable companies in the sector with commendable scores include
Aflac Inc
Pathward Financial Inc
T. Rowe Price Group Inc
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Leverage
Score 1.44/5
Finward Bancorp
registers a lower score in the category as a result of its elevated leverage ratio over the past six years compared to the sector median value. Conversely, other companies in the same sector, including
Aflac Inc
Pathward Financial Inc
T. Rowe Price Group Inc
have achieved high scores.
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Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
Verified SEC statements load when this section enters view.
Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.
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