Finward Bancorp Q2 FY26 net income slips 6.64% to $2.1 million; diluted EPS falls to $0.48
FNWD•Quarterly results
Finward Bancorp posted net income available to common stockholders of $2.1 million, or $0.48 per diluted share, for the quarter ended June 30, 2026.
Net income slipped 4.46% from the March quarter, while return on equity eased to 4.74% from 5.00%.
Management commentary
CEO Benjamin Bochnowski highlighted solid loan growth and stable deposit funding, while pointing to a planned merger with First Financial.
Margin and credit metrics
Net interest margin widened 0.02 percentage points to 3.25%, while tax-equivalent net interest margin (non-GAAP) edged up 0.02 percentage points to 3.37%.
Non-performing loans climbed 33.8% to $16.5 million, lifting the non-performing loans ratio to 1.10% from 0.85%.
