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FNWDNasdaqSavings Institution, Federally CharteredFiscal year ends December 31

Finward Bancorp

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$41.61−0.32 (-0.76%)

Close on Oct 19, 2026

Market cap
$179.72M
P/E (TTM)
18.3
Dividend yield
0.87%

About Finward Bancorp

Savings Institution, Federally Chartered, SIC 6035

Finward Bancorp operates as the bank holding company for Peoples Bank, an Indiana-chartered commercial bank that represents its primary business activity. Operating as a single reportable business segment, the institution focuses on gathering deposits from retail and commercial customers and originating loans. Its credit offerings encompass single-family residential mortgages, home equity lines, commercial real estate loans, multi-family housing loans, construction financing, and commercial business credit. Additionally, the organization serves individuals, businesses, and municipalities by extending public sector loans and providing wealth management services, including trust administration, retirement plan management, and estate planning.

The company conducts its banking operations through a network of 26 branch locations. Its primary geographic market spans Lake and Porter counties in Northwest Indiana alongside Cook County in northeastern Illinois, with extended lending reach into select neighboring counties across Indiana and Illinois. Finward Bancorp maintains its corporate headquarters in Munster, Indiana.

Summary of the business section of Finward Bancorp's latest annual report, written by StockData.

Company profile

Company

Legal name
Finward Bancorp
Founded
1994
Headquarters
Munster, IN
Address
9204 Columbia Ave 46321
Phone
(219) 836-9690
Employees
318, Dec 31, 2025
Industry
Savings Institution, Federally Chartered
Incorporated in
Indiana
Fiscal year ends
December 31
Auditor
Forvis Mazars, LLP, Indianapolis, IN

Stock & identifiers

Ticker
FNWD
Exchange
Nasdaq
IPO date
May 20, 1998
Shares outstanding
4M, Aug 7, 2026
Public float
$113.82M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
Stock splits
2-for-1, Mar 22, 1999
SEC CIK
919864
CUSIP
31812F109
ISIN
US31812F1093
EIN
35-1927981

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Benjamin J. BochnowskiPresident, CEO, Director32,560
Robert T. LowryExecutive Vice President29,735
Todd M. ScheubExecutive Vice President18,837
Benjamin Louis SchmittChief Financial Officer5,996
Anthony PuntilloDirector5,704
Robert E. Johnson IIIDirector3,753
Amy Wong HanDirector8,560
Jennifer EvansDirector806
Martin P. AlwinDirector2,717
Joel GorelickDirector51,967
Robert W. YoumanDirector27,491
Danette GarzaDirector7,053
Carolyn M. BurkeDirector4,384

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Mr. Benjamin J. Bochnowski
$480.69K$489.80K$329.52K$126–
FY2024
Mr. Benjamin J. Bochnowski
$508.24K$486.20K$372.63K$113–
FY2023
Mr. Benjamin J. Bochnowski
$468.54K$427.26K$273.27K$73–
FY2022
Mr. Benjamin J. Bochnowski
$551.48K$502.84K$332.65K$82–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“loyees and, wherever possible, strive to fill positions from within the organization. As of December 31, 2025, the Bank had 296 full-time and 22 part-time employees. The employees are not represented by a collective bargaining agreement. Management believes its employee relations are”

Corporate history

Events identified from SEC filings