Finward Bancorp Q3 net income drops 61% year over year to $1.36 million
FNWD•Finward Bancorp reported third-quarter 2026 net income of $1.36 million, down 61% year over year and 35% from the previous quarter. Net interest income rose 5% quarter over quarter to $15.94 million, while non-interest expense increased 14% to $16.98 million.
1. Quarterly results
Finward Bancorp’s third-quarter 2026 net income fell 35% from the previous quarter to $1.36 million. Net interest income rose 5% quarter over quarter to $15.94 million, while non-interest expense climbed 14% to $16.98 million, primarily due to merger-related compensation adjustments and professional services costs.
2. Merger progress
The pending merger with First Financial continued toward closing. Management reported stable credit quality and a stable core banking business.
