Finward Bancorp 8-K filings

Finward Bancorp's CFO, Benjamin L. Schmitt, has been approved as an eligible participant in the company's Executive Change in Control Severance Plan, with a waiver of the standard three-year employment requirement.

Finward Bancorp issued a revised earnings release to correct errors in its initial report, showing a significant increase in earnings per share for the six months ended June 30, 2024, but a decrease in net income for the quarter.

Finward Bancorp announced a significant increase in net income for the first six months of 2024 compared to the same period last year, but a decrease in net income for the second quarter of 2024 compared to the second quarter of 2023.

Finward Bancorp has announced a second quarter dividend of $0.12 per share, payable on August 1, 2024, to shareholders of record on July 19, 2024.

Finward Bancorp held its annual shareholder meeting on May 24, 2024, electing two directors, ratifying auditors, and conducting advisory votes on executive compensation.

Finward Bancorp presented financial and other information at its Annual Meeting of Shareholders held virtually on May 24, 2024.

Finward Bancorp's first quarter earnings surged to $9.3 million, or $2.17 per diluted share, primarily due to a significant gain from a sale-leaseback transaction.

Finward Bancorp announces a quarterly dividend of $0.12 per share, payable on May 6, 2024, to shareholders of record on April 23, 2024.

Finward Bancorp's subsidiary, Peoples Bank, finalized a sale-leaseback transaction for five branch properties, generating $17.2 million in proceeds.

Finward Bancorp announces that director Kenneth V. Krupinski will retire from the board at the 2024 Annual Meeting of Shareholders.

Finward Bancorp has appointed Benjamin Schmitt as Senior Vice President, Chief Financial Officer, and Treasurer, effective February 20, 2024.

Finward Bancorp has named Joel Gorelick as Chairman of the Board, succeeding Benjamin J. Bochnowski who remains CEO.

Finward Bancorp's subsidiary, Peoples Bank, has agreed to sell five branch properties for $17.2 million and lease them back, expecting net proceeds of approximately $11.7 million.

Finward Bancorp's net income for 2023 decreased to $8.4 million, or $1.96 per diluted share, compared to $15.1 million, or $3.60 per diluted share, in 2022, primarily due to interest rate hikes.