Finward Bancorp (FNWD) Tops Q4 EPS by 2c

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Finward Bancorp Announces Earnings for the Quarter and Twelve Months Ended December 31, 2022

January 25, 2023 9:01 AM EST

MUNSTER, Ind., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the Bancorp), the holding company for Peoples Bank (the Bank), today announced that net income available to common shareholders was $15.1 million, or $3.60 per diluted share, for the twelve months ended December 31, 2022, as compared to $15.0 million, or $4.30 per diluted share, for the corresponding prior year period. For the quarter ended December 31, 2022, the Bancorps net income totaled $4.0 million, or $0.93 per diluted share, as compared to $3.3 million, or $0.95 per diluted share, for the quarter ending December 31, 2021. Selected performance metrics are as follows for the periods presented:

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