Overview

* Finward Bancorp Q3 net income rises to $3.5 mln from $2.2 mln in Q2 2025

* Company's Q3 adjusted net interest margin improves to 3.18% from 3.11% in Q2 2025

* Finward Bancorp's Q3 EPS increases to $0.81 from $0.50 in Q2 2025

Outlook

* Company highlights strong liquidity and capital position for future growth

* Finward Bancorp ( FNWD ) aims to maintain current trajectory with disciplined execution

Result Drivers

* NET INTEREST MARGIN - Increased loan yields from repricing and customer payoffs of lower-yielding loans boosted net interest margin

* NON-INTEREST EXPENSES - Reduction in data processing and professional services expenses contributed to lower non-interest expenses

* LIQUIDITY POSITION - Strong liquidity supported by core deposits and diversified borrowing sources

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS $0.81

Q3 Net $3.50

Income mln

Q3 3.18%

Adjusted

Net

Interest

Margin

Q3 Net 3.04%

Interest

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for Finward Bancorp ( FNWD ) is $31.00, about 4.7% below its October 28 closing price of $32.46

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)