FINWARD BANCORP ANNOUNCES FOURTH QUARTER DIVIDEND | Nation / World
MUNSTER, Ind., Nov. 19, 2021 (GLOBE NEWSWIRE) – Finward Bancorp, the parent company of Peoples Bank, today announced that Bancorp’s board of directors has declared a dividend of $ 0.31 per share payable on January 7, 2022, with a registration date of December 29, 2021.
About Finward Bancorp
Finward Bancorp is an independent, locally managed financial holding company headquartered in Munster, Indiana, whose business is primarily limited to owning shares of Peoples Bank. Peoples Bank offers a wide range of personal, business, electronic, and wealth management financial services from its 22 locations in Lake and Porter Counties, Northwest Indiana and South Chicago. The common shares of Finward Bancorp are listed on the NASDAQ Stock Market, LLC under the symbol FNWD. The ibankpeoples.com website provides information on Peoples Bank products and services and Finward Bancorp investor relations.
This press release may contain forward-looking statements regarding the financial performance, business prospects, growth and operating strategies of Bancorp. For such statements, Bancorp claims safe harbor protection for the forward-looking statements contained in it. the Private Securities Litigation Reform Act of 1995. The statements contained in this communication should be considered in conjunction with other information available about Bancorp, including information contained in documents filed by Bancorp with the SEC. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. Forward-looking statements are based on management’s expectations and are subject to a number of risks and uncertainties. Forward-looking statements are generally identified using words such as “anticipate”, “estimate”, “plan”, “intend”, “plan”, “believe”, “” and similar expressions in the part of any discussion of future operations or financial performance.
Although management believes that the expectations reflected in these 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: risks and uncertainties material to our business, results of operations and financial condition, as well as our regulatory capital and liquidity ratios and other requirements regulations caused by the COVID-19 pandemic, which will depend on several factors, including the extent and duration of the pandemic, its influence on financial markets, the effectiveness of our remote working arrangements and staff levels in branches and other operational facilities, and actions taken by government authorities and other third parties in response to the pandemic; changes in asset quality and credit risk; the inability to maintain revenue and profit growth; changes in interest rates, market liquidity and capital markets, and the magnitude of such changes, which can reduce net interest margins; inflation; customer acceptance of Bancorp products and services; customer borrowing, repayment, investment and deposit practices; customer disintermediation; the introduction, withdrawal, success and timing of business initiatives; competitive conditions; failure to achieve cost or revenue savings or to implement integration plans and other consequences associated with mergers, acquisitions and divestitures; economic conditions; and the impact, extent and timing of technological changes, capital management activities and other Federal Reserve Board actions, and legislative and regulatory actions and reforms.
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, impacts on the capital of strategic initiatives, market conditions and regulatory and accounting considerations, as well as any other factor that our board of directors deems relevant in making such a decision. Accordingly, there can be no assurance that we will redeem shares or pay dividends to holders of our common shares, or the amount of such redemptions or dividends. In addition, statements regarding the effects of the COVID-19 pandemic on our business, operations, financial performance and prospects may constitute forward-looking statements and are subject to the risk that the actual impacts will differ, perhaps materially, from what is reflected in these forward-looking statements due to factors and future developments that are uncertain, unpredictable and, in many cases, beyond our control, including the scope and duration of the pandemic, actions taken by authorities governments in response to the pandemic, and the direct and indirect effects of the pandemic’s impact on our customers, third parties and ourselves.
FOR MORE INFORMATION CONTACT INVESTOR RELATIONS (219) 853-7575
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