Finward Bancorp Q4 net income declines

Overview

• Finward Bancorp 's Q4 net income fell compared to the previous quarter

• Net interest margin improved due to increased loan yields and lower deposit costs

• Company executed securities repositioning, impacting Q4 results

Outlook

• Finward Bancorp expects current rate environment to support operational progress in 2026

Result Drivers

• NET INTEREST MARGIN - Improvement driven by increased loan yields and reduced deposit costs due to Federal Reserve rate cuts

• SECURITIES REPOSITIONING - Bank sold $26.6 mln in securities, impacting Q4 results with $1.6 mln pre-tax reduction

• DEPOSIT AND BORROWING DECREASE - Decrease in deposits and borrowings due to cyclical flows, brokered deposit maturity, and pricing adjustments

Key Details

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 is $39.00, about 6.9% above its January 26 closing price of $36.48

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBw2stYQ0a

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