Finward Bancorp Announces Earnings For the Twelve Months and Quarter Ended December 31, 2023

MUNSTER, Ind., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $8.4 million, or $1.96 per diluted share, for the twelve months ended December 31, 2023, as compared to $15.1 million, or $3.60 per diluted share, for the year ended December 31, 2022. For the quarter ended December 31, 2023, the Bancorp’s net income totaled $1.5 million, or $0.35 per diluted share, as compared to $4.0 million, or $0.93 per share, for the quarter ending December 31, 2022. Selected performance metrics are as follows for the periods presented:

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