Finward Bancorp Q1 FY26 net income rises 10% to $2.2 million

• Finward Bancorp posted net income available to common stockholders of $2.2 million for quarter ended March 31, 2026, equal to $0.52 per diluted share.
• Net interest margin widened to 3.23% from 3.18%, driven by a favorable reduction in funding costs.
• Deposits slipped to $1.72 billion, while non-interest-bearing balances climbed to $278.7 million.
• Non-performing loans increased to $12.4 million, lifting non-performing loans/total loans to 0.85%.
• Management said loan originations and repricing of existing loans should support net interest margin expansion and further earnings improvement in coming quarters, while two branch closures are planned early in second quarter.

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