Quarterly ResultAug 13, 2026, 04:20 PM
Finward Bancorp Q2 Net Income $2.09M, EPS $0.49
AI Summary
Finward Bancorp reported a slight decrease in net income for the second quarter of 2026, reaching $2.09 million, down from $2.15 million in the prior year. Basic earnings per share also saw a minor decline to $0.49 from $0.50. Despite these reductions, the company experienced an 8.86% increase in net interest income, reaching $15.18 million, and saw growth in total assets and net loans receivable.
Key Highlights
- Q2 2026 Net Income was $2.09 million, down 2.69% from Q2 2025.
- Basic EPS for Q2 2026 was $0.49, a 2.0% decrease from Q2 2025.
- Net Interest Income increased 8.86% to $15.18 million in Q2 2026.
- Provision for credit losses was $264 thousand in Q2 2026, compared to a benefit of $274 thousand in Q2 2025.
- Total Assets grew 0.97% to $2.04 billion as of June 30, 2026.
- Net Loans Receivable increased 3.71% to $1.49 billion as of June 30, 2026.
- Total Deposits increased 0.32% to $1.73 billion as of June 30, 2026.
- Dividends declared per common share remained flat at $0.12.
Price Impact
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