Recent Updates — FNWD
On September 4, 2026, Finward Bancorp's Board of Directors declared a quarterly cash dividend of $0.12 per share on its common stock. The payment is scheduled for September 25, 2026, to shareholders of record as of the close of business on September 18, 2026. This filing discloses the specific terms and timing of the distribution. Finward Bancorp operates as a financial holding company headquartered in Munster, Indiana, primarily through its subsidiary Peoples Bank.
Finward Bancorp entered into a definitive merger agreement with First Financial Bancorp to be acquired in an all-stock transaction valued at approximately $208 million. Under the terms, Finward shareholders will receive 1.35 shares of First Financial common stock for each share of Finward common stock held. The merger is expected to close in the fourth quarter of 2026, subject to regulatory approvals and shareholder consent. Finward Bancorp is a financial holding company that provides banking and wealth management services through its subsidiary, Peoples Bank.
On June 24, 2026, the Federal Deposit Insurance Corporation (FDIC) and the Indiana Department of Financial Institutions (DFI) terminated the memorandum of understanding (MOU) previously entered into on August 9, 2024, with Peoples Bank, the wholly-owned subsidiary of Finward Bancorp. This termination ends the informal administrative agreement between the regulators and the bank. Finward Bancorp is a financial holding company that operates a commercial bank.