Finward Bancorp corrects earnings release; six-month diluted EPS revised to $2.21 from $0.03

Finward Bancorp

2024-Q2 EPS reported $2.21

Net income of $9.4M ($2.21 diluted EPS) for H1 2024, up from $4.7M ($1.10) in H1 2023.
Q2 2024 net income $143K ($0.03 EPS) vs $2.4M ($0.57) in Q2 2023.
Corrections include performance ratios; CET1 ratio revised to 10.94% from 11.23%.
Net interest margin improved to 2.54% in Q2 2024 from 2.42% in Q1 2024.
Non-performing loans slightly declined to $11.4M; credit quality remains strong.

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