---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-003599"
form_type: "8-K"
ticker: "FNWD"
cik: "0000919864"
company_name: "Finward Bancorp"
filed_at: "2026-01-27T23:59:59+00:00"
generated_at: "2026-05-16T07:48:19.090237+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Finward Bancorp reports Q4 2025 net income of $2.0 million, down from $3.5 million in prior quarter

## Summary
- Net income available to common stockholders was $2.0 million, or $0.46 per diluted share for Q4 2025, compared to $3.5 million, or $0.81 per diluted share in Q3 2025.
- The securities repositioning involved selling $26.6 million in municipal securities, resulting in a $1.6 million pre-tax loss.
- Net interest margin (tax-equivalent) increased to 3.32% from 3.18% in the prior quarter due to higher loan yields and lower deposit costs.
- Non-performing loans decreased to $11.9 million (0.82% of total loans) from $13.9 million (0.94%) at September 30, 2025.
- Tangible book value per share rose to $34.92 from $32.77 in the prior quarter.

## SEC filing metadata
- accession: 0001628280-26-003599
- form_type: 8-K
- ticker: FNWD
- cik: 0000919864
- company_name: Finward Bancorp
- filed_at: 2026-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/919864/000162828026003599/0001628280-26-003599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919864/000162828026003599/fnwd-20260127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-003599
- JSON: https://secwatch.observer/filing/0001628280-26-003599.json
- Plain text: https://secwatch.observer/filing/0001628280-26-003599.txt

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