secwatch.observer — SEC 8-K summary
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Issuer:     Finward Bancorp (FNWD)
CIK:        0000919864
Form:       8-K
Filed at:   2026-07-21T20:30:46+00:00
Accession:  0001193125-26-310388
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Financial to acquire Finward Bancorp in all-stock deal valued at 1.35x exchange ratio
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- Finward shareholders receive 1.35 shares of First Financial common stock per share; deal expected to close Q4 2026.
- Finward has ~$2.0B assets, $1.7B deposits, $1.5B loans, and $412M in assets under management.
- Transaction expected to be ~5% accretive to First Financial's EPS; $500K donation to local communities.
- Termination fee of $9.0M payable by Finward under certain circumstances; boards unanimously approved.
- Expands First Financial's Chicago presence with 24 locations; pro forma deposits in Chicago MSA exceed $4B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/919864/000119312526310388/0001193125-26-310388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/919864/000119312526310388/d140760d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-310388

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