{"id":85848,"date":"2024-10-12T07:20:06","date_gmt":"2024-10-12T07:20:06","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/finward-bancorp-announces-third-quarter-dividend\/"},"modified":"2024-10-12T07:20:06","modified_gmt":"2024-10-12T07:20:06","slug":"finward-bancorp-announces-third-quarter-dividend","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/finward-bancorp-announces-third-quarter-dividend\/","title":{"rendered":"FINWARD BANCORP ANNOUNCES THIRD QUARTER DIVIDEND"},"content":{"rendered":"<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p><strong>MUNSTER, Ind., Oct.  11, 2024  (GLOBE NEWSWIRE) &#8212; \u00a0\u2013 <\/strong>Finward Bancorp (Nasdaq: FNWD) (the \u201cBancorp\u201d or \u201cFinward\u201d), the holding company for Peoples Bank (the \u201cBank\u201d), today announced that on September 20, 2024 the Board of Directors of Finward declared a dividend of $0.12 per share on Finward\u2019s common stock payable on October 31, 2024 to shareholders of record at the close of business on October 18, 2024.<\/p>\n<p><strong>About Finward<\/strong>\u00a0<strong>Bancorp<\/strong><\/p>\n<p>Finward Bancorp is a locally managed and independent financial holding company headquartered in Munster, Indiana, whose activities are primarily limited to holding the stock of Peoples Bank. Peoples Bank provides a wide range of personal, business, electronic and wealth management financial services from its 26\u00a0locations in Lake and Porter Counties in Northwest Indiana and the Chicagoland area. Finward Bancorp\u2019s common stock is quoted on The NASDAQ Stock Market, LLC\u00a0under the symbol FNWD. The website ibankpeoples.com provides information on Peoples Bank\u2019s products and services, and Finward\u00a0Bancorp\u2019s investor relations.<\/p>\n<p><strong>Forward Looking Statements<\/strong><\/p>\n<p>This Current Report on Form 8-K may contain forward-looking statements regarding the financial performance, business prospects, growth, and operating strategies of Finward. For these statements, Finward claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Statements in this communication should be considered in conjunction with the other information available about Finward, including the information in the filings Finward makes with the Securities and Exchange Commission (\u201cSEC\u201d). Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. The forward-looking statements are based on management\u2019s expectations and are subject to a number of risks and uncertainties. Forward-looking statements are typically identified by using words such as \u201canticipate,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cwill\u201d and similar expressions in connection with any discussion of future operating or financial performance.<\/p>\n<p>Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include: the Bank\u2019s ability to demonstrate compliance with the terms of the previously disclosed consent order and memorandum of understanding entered into between the Bank and the Federal Deposit Insurance Corporation (\u201cFDIC\u201d) and Indiana Department of Financial Institutions (\u201cDFI\u201d), or to demonstrate compliance to the satisfaction of the FDIC and\/or DFI within prescribed time frames\u037e the Bank\u2019s agreement under the memorandum of understanding to refrain from paying cash dividends without prior regulatory approval\u037e changes in asset quality and credit risk\u037e the inability to sustain revenue and earnings growth\u037e changes in interest rates and capital markets\u037e inflation\u037e customer acceptance of Finward\u2019s products and services\u037e customer borrowing, repayment, investment, and deposit practices\u037e customer disintermediation\u037e the introduction, withdrawal, success, and timing of business initiatives\u037e competitive conditions\u037e the inability to realize cost savings or revenues or to implement integration plans and other consequences associated with mergers, acquisitions, and divestitures\u037e economic conditions\u037e and the impact, extent, and timing of technological changes, capital management activities, and other actions of the Federal Reserve Board and legislative and regulatory actions and reforms. Additional factors that could cause actual results to differ materially from those expressed in the forward-looking statements are discussed in Finward\u2019s reports (such as the Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K) filed with the SEC and available at the SEC\u2019s Internet website (www.sec.gov). All subsequent written and oral forward-looking statements concerning Finward or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Except as required by law, Finward does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statement is made.<\/p>\n<p>In addition to the above factors, we also caution that the actual amounts and timing of any future common stock dividends or share repurchases will be subject to various factors, including our capital position, financial performance, capital impacts of strategic initiatives, market conditions, and regulatory and accounting considerations, as well as any other factors that our Board of Directors deems relevant in making such a determination. Therefore, there can be no assurance that we will repurchase shares or pay any dividends to the holders of our common stock, or as to the amount of any such repurchases or dividends.<\/p>\n<p align=\"center\">###<\/p>\n<pre\/>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>MUNSTER, Ind., Oct. 11, 2024 (GLOBE NEWSWIRE) &#8212; \u00a0\u2013 Finward Bancorp (Nasdaq: FNWD) (the \u201cBancorp\u201d or \u201cFinward\u201d), the holding company for Peoples Bank (the \u201cBank\u201d), today announced that on September 20, 2024 the Board of Directors of Finward declared a dividend of $0.12 per share on Finward\u2019s common stock payable on October 31, 2024 to 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