First Financial agrees to buy Finward in $208 million stock deal

Reuters2026/07/21 20:30

By:Reuters

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First Financial agreed to acquire Finward Bancorp in an all-stock deal valued at about USD 208 million.
Finward shareholders will receive 1.35 shares of First Financial common stock for each Finward share.
Finward has about USD 2 billion in assets, USD 1.7 billion in deposits, USD 1.5 billion in loans.
Deal targets expansion in northwest Indiana and Chicago, adding 24 locations and a low-cost core deposit base.
Closing is expected in the fourth quarter of 2026; First Financial projects about 5% EPS accretion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Finward Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202607211630BIZWIRE_USPR_____20260721_BW148868) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Financial agrees to buy Finward in $208 million stock deal

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