First Financial agrees to buy Finward in $208 million stock deal - FFBC News | RalliesFirst Financial agrees to buy Finward in $208 million stock deal
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FFBC• First Financial to acquire Finward Bancorp
- First Financial agreed to acquire Finward Bancorp in an all-stock deal valued at about $208 million.
- Finward shareholders will receive 1.35 shares of First Financial common stock for each Finward share.
- Finward has about $2 billion in assets, $1.7 billion in deposits, and $1.5 billion in loans.
- The deal targets expansion in northwest Indiana and Chicago, adding 24 locations and a low-cost core deposit base.
- Closing is expected in the fourth quarter of 2026; First Financial projects about 5% EPS accretion.
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