FNWD Finward Bancorp

CIK 0000919864 50 ready 8-Ks latest July 28, 2026, 4:50 PM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline

Ready 8-Ks 50

Latest filing July 28, 2026, 4:50 PM ET

Top materiality 0.80

Event mix earnings ×13 · dividend ×11 · leadership ×10

Sentiment 10 pos · 5 neg · 35 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for FNWD

Highest-materiality recent filing

First Financial to acquire Finward Bancorp in all-stock deal valued at 1.35x exchange ratio

July 21, 2026, 4:30 PM ET M&A materiality 0.80 neutral item 1.01 item 7.01 item 9.01

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.

Read filing →

July 28, 2026, 4:50 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01

Finward Bancorp Q2 2026 EPS $0.48, down from $0.52 QoQ; NIM expands to 3.37%

Net income available to common stockholders $2.1M ($0.48 diluted EPS) vs $2.2M ($0.52) in prior quarter.
July 21, 2026, 4:30 PM ET M&A materiality 0.80 neutral item 1.01 item 7.01 item 9.01

First Financial to acquire Finward Bancorp in all-stock deal valued at 1.35x exchange ratio

Finward shareholders receive 1.35 shares of First Financial common stock per share; deal expected to close Q4 2026.
July 6, 2026, 4:45 PM ET regulatory materiality 0.60 positive item 8.01

Finward Bancorp's MOU with FDIC and DFI terminated effective June 24, 2026

MOU entered August 9, 2024 with FDIC and Indiana DFI.
June 3, 2026, 4:04 PM ET dividend materiality 0.60 positive item 8.01 item 9.01

Finward declares $0.12/sh dividend despite FDIC/DFI MOU restricting payouts

Dividend of $0.12 per common share, payable June 29, 2026 to holders of record June 17, 2026.
January 27, 2026, 6:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01

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

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.
October 28, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

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

Net income available to common stockholders $3.5M ($0.81 diluted EPS) vs $2.2M ($0.50) in Q2 2025.
August 7, 2025, 7:59 PM ET regulatory materiality 0.75 positive item 8.01 item 9.01

Finward Bancorp announces termination of BSA/AML Consent Order by FDIC and Indiana DFI

FDIC and Indiana DFI terminated Consent Order effective August 6, 2025.
July 29, 2025, 7:59 PM ET earnings materiality 0.60 positive item 2.02 item 9.01

Finward Bancorp Q2 net income $2.2M ($0.50 EPS), up from $0.5M; NIM expands to 2.97%

Net income available to common stockholders $2.2M ($0.50 diluted EPS) vs $455K ($0.11) in Q1.
May 1, 2025, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

Finward Bancorp Q1 net income drops to $456K ($0.11 EPS) from $9.3M a year ago

Net income available to common stockholders $456K ($0.11 diluted EPS) vs $2.1M ($0.49) in Q4 2024 and $9.3M ($2.17) in Q1 2024.
April 10, 2025, 7:59 PM ET dividend materiality 0.65 positive item 8.01 item 9.01

Finward Bancorp declares $0.12/share dividend despite regulatory restrictions

Board declared $0.12 per share dividend, payable May 12, 2025 to shareholders of record April 28, 2025.
January 28, 2025, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

Finward Bancorp FY2024 net income $12.1M ($2.84/share); Q4 net income $2.1M, NIM improves to 2.65%

FY2024 net income $12.1M ($2.84 diluted EPS) vs $8.4M ($1.96) in 2023; Q4 net income $2.1M ($0.49) vs $1.5M ($0.35) a year ago.
October 29, 2024, 7:59 PM ET earnings materiality 0.60 neutral item 2.02 item 9.01

Finward Bancorp Q3 net income $0.14/diluted share; nine-month EPS $2.35 vs $1.60 prior year

Net income Q3 2024 $606K ($0.14/diluted) vs Q3 2023 $2.2M ($0.51); up from Q2 2024 $143K ($0.03).
July 24, 2024, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

Finward Bancorp Q2 net income plunges to $0.03 EPS from $0.57 YoY

Net income $143k ($0.03 diluted EPS) vs $2.4M ($0.57) in Q2 2023; six-month net income $9.4M ($2.21).
April 24, 2024, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01 ◈ Earnings Releases

Finward Bancorp Q1 net income $9.3M ($2.17 EPS); $11.8M pre-tax gain from sale-leaseback

Net income available to common $9.3M, $2.17 diluted EPS vs $2.2M, $0.51 prior year.
January 30, 2024, 6:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

Finward Bancorp FY2023 net income $8.4M ($1.96/dil.) vs $15.1M; sale-leaseback for $17.2M

Net income 2023: $8.4M ($1.96/dil.) vs $15.1M ($3.60/dil.) in 2022; Q4 2023 net income $1.5M ($0.35/dil.) vs $4.0M ($0.93/dil.).
December 26, 2023, 6:59 PM ET dividend materiality 0.65 negative item 8.01 item 9.01

Finward Bancorp cuts quarterly dividend to $0.12 from prior quarter's level to build capital

Board declared $0.12 per share dividend payable Feb 5, 2024 to holders of record Jan 23, 2024.
December 7, 2023, 6:59 PM ET leadership materiality 0.65 neutral item 5.02 item 9.01 ◈ executive_change ×2

Finward Bancorp CFO Torabi resigns; COO Lowry named interim CFO

EVP/CFO Peymon Torabi resigns effective Dec 31, 2023; no disagreement cited.
October 25, 2023, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01 ◈ Earnings Releases

Finward Bancorp Q3 net income drops to $2.2M ($0.51/sh) from $4.6M; NIM compresses to 2.89%

Net income for Q3 2023 was $2.2 million ($0.51 per diluted share), down from $4.6 million ($1.07) in Q3 2022.

Executive changes

Departed

James L. Wieser

Director

FNWD · Finward Bancorp

Filed: March 27, 2025, 7:59 PM ET

On March 21, 2025, James L. Wieser informed the Board of Directors (the “ Board ”) of Finward Bancorp, an Indiana corporation (the “ Bancorp ”), of his decision to retire as a member of the Board of the Bancorp and its wholly-owned Indiana state-chartered commercial bank subsidiary Peoples Bank (“ Peoples Bank ”), effective as of the conclusion of the Bancorp’s 2025 Annual Meeting of Shareholders.

Role change

Benjamin L. Schmitt

Executive Vice President, Chief Financial Officer and Treasurer

FNWD · Finward Bancorp

Effective: 2024-11-22
Filed: November 27, 2024, 6:59 PM ET

promoted Benjamin L. Schmitt from Senior Vice President, Chief Financial Officer and Treasurer of the Bancorp and the Bank to Executive Vice President, Chief Financial Officer and Treasurer of the Bancorp and the Bank.

Appointed

Carolyn M. Burke

Director

FNWD · Finward Bancorp

Effective: 2024-09-09
Filed: September 5, 2024, 7:59 PM ET

appointed Martin P. Alwin, Jennifer R. Evans, and Carolyn M. Burke to serve as directors of the Bancorp, with such appointments to be effective as of September 9, 2024.

Appointed

Jennifer R. Evans

Director

FNWD · Finward Bancorp

Effective: 2024-09-09
Filed: September 5, 2024, 7:59 PM ET

appointed Martin P. Alwin, Jennifer R. Evans, and Carolyn M. Burke to serve as directors of the Bancorp, with such appointments to be effective as of September 9, 2024.

Appointed

Martin P. Alwin

Director

FNWD · Finward Bancorp

Effective: 2024-09-09
Filed: September 5, 2024, 7:59 PM ET

appointed Martin P. Alwin, Jennifer R. Evans, and Carolyn M. Burke to serve as directors of the Bancorp, with such appointments to be effective as of September 9, 2024.

Departed

Kenneth V. Krupinski

Director

FNWD · Finward Bancorp

Filed: February 22, 2024, 6:59 PM ET

On February 15, 2024, Kenneth V. Krupinski notified the Board of Directors (the “ Board ”) of Finward Bancorp (the “ Bancorp ”) of his intent not to stand for re-election as a Class III director of the Bancorp, and to retire from the Board, upon the expiration of his current term at the Bancorp’s 2024 Annual Meeting of Shareholders.

Role change

Robert T. Lowry

Executive Vice President, Chief Operating Officer

FNWD · Finward Bancorp

Effective: 2024-02-20
Filed: February 21, 2024, 6:59 PM ET

Robert T. Lowry, who had been serving as the Bancorp’s and Bank’s interim Chief Financial Officer and Treasurer (as previously reported pursuant to the Bancorp’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “ SEC ”) on December 7, 2023) will remain in his position as the Executive Vice President, Chief Operating Officer of the Bancorp and the Bank.

Appointed

Benjamin L. Schmitt

Senior Vice President, Chief Financial Officer and Treasurer

FNWD · Finward Bancorp

Effective: 2024-02-20
Filed: February 21, 2024, 6:59 PM ET

appointed Benjamin L. Schmitt to serve as the Bancorp’s and Bank’s permanent Senior Vice President, Chief Financial Officer and Treasurer, effective February 20, 2024.

Role change

Benjamin J. Bochnowski

Chairman of the Board

FNWD · Finward Bancorp

Effective: 2024-02-15
Successor: Joel Gorelick
Filed: February 16, 2024, 6:59 PM ET

will succeed Benjamin J. Bochnowski, who will continue as Chief Executive Officer of the Bancorp and the Bank and remain on the Board as a director.

Role change

Joel Gorelick

Chairman of the Board

FNWD · Finward Bancorp

Effective: 2024-02-15
Filed: February 16, 2024, 6:59 PM ET

the Board of Directors (the “ Board ”) has named Joel Gorelick as the next Chairman of the Board of the Bancorp and the Bank, effective February 15, 2024.

Departed

Donald P. Fesko

director

FNWD · Finward Bancorp

Effective: 2023-12-14
Filed: December 20, 2023, 6:59 PM ET

On December 14, 2023, Donald P. Fesko notified the Board of Directors of Finward Bancorp, an Indiana corporation (the “ Bancorp ”), of his resignation as a director of the Bancorp effective as of December 14, 2023.

Appointed (interim)

Robert T. Lowry

Interim Chief Financial Officer and Treasurer

FNWD · Finward Bancorp

Effective: 2024-01-01
Filed: December 7, 2023, 6:59 PM ET

on December 6, 2023, the Board of Directors (the “Board”) of the Bancorp and the Bank appointed Robert T. Lowry, the current Executive Vice President, Chief Operating Officer of the Bancorp and the Bank, to serve as the Bancorp’s and Bank’s interim Chief Financial Officer and Treasurer, effective as of January 1, 2024.

Earnings & guidance

2026-Q1 EPS reported $0.52 filing →

Materiality & sentiment trend

Max materiality 0.80 · Median 0.50 · Most common event earnings

10 positive 5 negative 35 neutral

source · FNWD on sec.gov