Finward Bancorp Q3 net income rises, helped by lower non-interest expenses
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Finward Bancorp reported a Q3 net income of $3.5 million, up from $2.2 million in Q2 2025, with an adjusted net interest margin of 3.18%. The Q3 EPS rose to $0.81 from $0.50. The company highlighted strong liquidity and a disciplined approach for future growth. Analyst ratings average a "buy," with a median 12-month price target of $31.00, slightly below the recent closing price of $32.46. The stock is currently trading at 17 times next year's earnings, down from a P/E of 20 three months ago.
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