<span item_type="fundamental" item_id="ea2da555be3f959321b7c87e3c7ae4b8" counter_id="ST/US/FNWD" env="prod"></span><span item_type="announcement" item_id="576641806728169473" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 17.36 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD 0.81, beating the estimate of USD 0.4.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -10.88 M.</p><p></p><h3>Net Income</h3><ul><li>Net income available to common stockholders was $3.5 million for the quarter ended September 30, 2025, compared to $2.2 million for the quarter ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul><h3>Return on Equity and Assets</h3><ul><li>Return on equity was 8.96% for the quarter ended September 30, 2025, up from 5.66% for the previous quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li><li>Return on assets was 0.68% for the quarter ended September 30, 2025, compared to 0.42% for the previous quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul><h3>Net Interest Margin</h3><ul><li>The net interest margin for the quarter ended September 30, 2025, was 3.04%, compared to 2.97% for the quarter ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li><li>On a tax-equivalent basis, the net interest margin was 3.18% for the quarter ended September 30, 2025, compared to 3.11% for the previous quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul><h3>Deposits and Funding</h3><ul><li>Total deposits as of September 30, 2025, were $1.8 billion, a slight decrease of $4.2 million from June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li><li>Non-interest-bearing deposits increased by $9.1 million to $280.3 million as of September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li><li>Borrowings and repurchase agreements decreased by $9.9 million to $103.4 million as of September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul><h3>Loan Portfolio</h3><ul><li>The Bank’s aggregate loan portfolio totaled $1.5 billion as of September 30, 2025, with $62.6 million in new commercial loans originated during the quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul><h3>Asset Quality</h3><ul><li>Non-performing loans totaled $13.9 million as of September 30, 2025, an increase from $13.5 million as of June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li><li>The allowance for credit losses on loans was $18.0 million as of September 30, 2025, a slight decrease from $18.2 million as of June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul><h3>Operating Expenses</h3><ul><li>Non-interest expense as a percentage of average assets was 2.74% for the quarter ended September 30, 2025, down from 2.90% for the previous quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul><h3>Capital Adequacy</h3><ul><li>The Bank’s tier 1 leverage ratio was 8.77% as of September 30, 2025, up from 8.69% as of June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company is well-positioned for growth in the final quarter of the year, supported by a recent Federal Reserve rate cut and a strong capital and liquidity position.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/919864/000162828025046848/fnwd-20250930xexx991.htm"></span></li></ul>

Finward Ban | 8-K: FY2025 Q3 Revenue: USD 17.36 M