Finward Bancorp

investorrelations.ibankpeoples.com

Finward Bancorp (NASDAQ: FNWD) is an Indiana-based bank holding company that operates Peoples Bank, a community bank offering deposit accounts, real estate loans, commercial business loans, and wealth management services. The company earns money primarily through net interest income, the spread between interest earned on loans and securities and interest paid on deposits and borrowed funds. As of December 31, 2025, total assets were approximately $2.05 billion, loans receivable were $1.45 billion, and interest-bearing deposits were $1.47 billion. Net interest income was $56.7 million for FY2025, up from $48.4 million in FY2024, with a net interest margin of 4.85% on average earning assets of $1.89 billion. The loan portfolio is concentrated in real estate, with commercial real estate ($555.6 million), residential real estate ($442.4 million), and multifamily ($183.9 million) as the largest categories as of December 31, 2025. Non-interest income includes fees and service charges, wealth management operations, and gains on loan sales. The bank operates banking centers across northwest Indiana, including Crown Point, East Chicago, Merrillville, Schererville, and Orland Park locations.