| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 17.36 | 4.4% | 16.8% |
| Total Income | 17.36 | 4.4% | 16.8% |
| Expenditure | 13.80 | 4.9% | 4.6% |
| PBT | 3.56 | 67.9% | 790.0% |
| Net Profit | 3.50 | 62.8% | 473.8% |
| OPM | — | ||
| NPM | 20.15% | 7.21pp | 16.08pp |
| EPS | 0.82 | 64.0% | 485.7% |
Finward Bancorp Announces Q3 2025 Results: Net Income $3.5 Million
04 May 2026 · 4 May, 8:45 am
Summary
Finward Bancorp announced net income available to common stockholders of $3.5 million, or $0.81 per diluted share, for the quarter ended September 30, 2025. Deposits totaled $1.8 billion, an increase of $4.2 million compared to the previous quarter. The net interest margin increased to 3.04% from 2.97%. The Bancorp's tangible book value per share increased to $32.77 from $30.16 in the prior quarter. According to CEO Benjamin Bochnowski, the recent rate cut by the Federal Reserve, coupled with the company's strengthened capital and liquidity position, provides a solid foundation for growth as they enter the final quarter of the year.
Key Highlights
- 1
Finward Bancorp reported net income available to common stockholders of $3.5 million, or $0.81 per diluted share, for the quarter ended September 30, 2025.
- 2
The net interest margin for the quarter ended September 30, 2025 was 3.04%, compared to 2.97% for the quarter ended June 30, 2025.
- 3
Deposits totaled $1.8 billion as of September 30, 2025, an increase of $4.2 million, or 0.2% compared with June 30, 2025.
- 4
Non-interest-bearing deposits totaled $280.3 million as of September 30, 2025, an increase of $9.1 million.
- 5
Securities available for sale balances increased by $7.3 million to $335.2 million as of September 30, 2025, compared to $327.8 million as of June 30, 2025.
- 6
The Bank’s aggregate loan portfolio totaled $1.5 billion on both September 30, 2025 and June 30, 2025.
- 7
The Bancorp’s tangible book value per share (non-GAAP) was $32.77 at September 30, 2025, up from $30.16 as of June 30, 2025.
Management Comments
Benjamin Bochnowski
“We continued to build momentum in the third quarter, delivering overall improved profitability. Margin expansion and stable credit contributed to further overall profitability gains, along with benefits in overhead efficiency. The recent rate cut by the Federal Reserve, coupled with our strengthened capital and liquidity position, provides a solid foundation for growth as we enter the final quarter of the year," said Benjamin Bochnowski, CEO. "We are well positioned to maintain our current trajectory, and I'm proud of our team and their disciplined execution that got us to this point.”
Informational and educational content only. Not investment advice.