---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-046848"
form_type: "8-K"
ticker: "FNWD"
cik: "0000919864"
company_name: "Finward Bancorp"
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T02:06:39.966199+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Finward Bancorp Q3 2025 EPS $0.81, net interest margin expands to 3.04%

## Summary
- Net income available to common stockholders $3.5M ($0.81 diluted EPS) vs $2.2M ($0.50) in Q2 2025.
- Net interest margin (tax-equivalent) 3.18% vs 3.11% Q2; net interest margin 3.04% vs 2.97%.
- Non-interest expense/average assets 2.74% vs 2.90% Q2; efficiency ratio improved to 81.22% from 88.92%.
- Tangible book value per share $32.77 vs $30.16 Q2; Tier 1 leverage ratio 8.77%.
- Net benefit from credit loss $301k; non-performing loans $13.9M (0.94% of total loans).

## SEC filing metadata
- accession: 0001628280-25-046848
- form_type: 8-K
- ticker: FNWD
- cik: 0000919864
- company_name: Finward Bancorp
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/0001628280-25-046848-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20251028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-046848
- JSON: https://secwatch.observer/filing/0001628280-25-046848.json
- Plain text: https://secwatch.observer/filing/0001628280-25-046848.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.