Finward Bancorp (FNWD) Q3 2026 earnings summary

Executive summary

• Q3 2026 net income was $1.361 million, or $0.31 diluted EPS, versus $2.093 million, or $0.48, in Q2; merger-related costs weighed on results.

• Management described credit quality and core banking activity as stable; faster rate increases lifted loan yields and margin but increased unrealized securities losses.

Financial highlights

• Net interest income rose to $15.942 million from $15.180 million QoQ; provision for credit losses was $124,000 versus $264,000.

• Non-interest income was $2.655 million, including a $182,000 branch-sale gain; non-interest expense rose to $16.983 million from $14.857 million QoQ.

• 9M net income was $5.696 million versus $6.103 million YoY; diluted EPS was $1.32 versus $1.42.

Outlook and guidance

• Progress continued toward closing the pending First Financial merger; management expects the combination to benefit shareholders, customers, communities, and employees, with a focus on a seamless transition.