Finward Bancorp (FNWD)

NASDAQ: FNWD · USD

$43.7

-0.77 (-1.7%)· Recorded snapshot

Market cap	189M
Revenue (ttm)	69.8M
Net income (ttm)	7.7M
EPS (ttm)	$1.78
Shares out	4.3M
P/E (trailing)	24.5x
P/E (forward)	14.2x
Dividend	$0.48 (1.10%)
Volume	9,853
Beta	0.17

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 69.8M
Net income (ttm): 7.7M
EPS (ttm): $1.78
P/E (trailing): 24.5x
P/E (forward): 14.2x
Market cap: 189M

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	35B	8.8x	1.9x	15.9%	+15.1%	+24.9%	Zdecydowanie kupuj
AIG	American International Group Inc.	42.1B	12.8x	1.5x	7.9%	-10.3%	+4.5%	Zdecydowanie kupuj
AIZ	Assurant, Inc.	14.6B	13.7x	1.1x	14.3%	+6.5%	+41.9%	Trzymaj

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-11-04 14:30 UTC

Forward P/E14.2

P25 n/aP50 n/aP75 n/a

Trailing P/E24.5

P25 n/aP50 n/aP75 n/a

ROE4.8

P25 n/aP50 n/aP75 n/a

ROICn/a

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All FNWD indicators

Market & fundamental data

Available fields

240

Groups with data

Currency

USD

Showing 240 of 240 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000919864
Company name	Finward Bancorp
Country	United States
Country code	US
CUSIP number	31812F109
Earnings date	2026-10-27
Earnings time	amc
Employees	318
Employees change	5
Employees growth	1.6%
Enterprise value	$156.2M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1994
Industry	Banks - Regional
Is primary listing	Yes
Is SPAC	No
ISIN number	US31812F1093
Last 10-K release date	2026-03-25
Last earnings date	2026-10-27
Last refreshed	2026-11-04
Last stock split date	1999-03-22
Last stock split type	Forward
Market cap	$189M
Market cap category	Micro-Cap
Next earnings date	2027-01-26
Options	No
Price	$43.65
Price currency	USD
Sector	Financials
SIC code	6035
Stock price date	2026-11-03
Symbol	FNWD
U.S. state	Indiana
Website	https://www.ibankpeoples.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	20.36x
Average P/E ratio (10Y)	13.01x
Average P/E ratio (3Y)	16.81x
Average P/E ratio (5Y)	14.25x
Earnings yield	4.08%
EV/Earnings	20.34x
EV/FCF	9.44x
EV/Sales	2.24x
FCF / EV yield	10.59%
FCF yield	8.75%
Forward EV/Sales	1.97x
Forward P/E	14.22x
Forward P/S	2.38x
Graham number	38.2045
Graham upside	-12.48%
Industry forward P/E	9.86x
Industry P/E	11.68x
Lynch fair value	$8.90
Lynch upside	-79.61%
P/B ratio	1.2x
P/E ratio	24.52x
P/FCF ratio	11.42x
P/OCF ratio	10.92x
P/S ratio	2.71x
Price / tangible book value	1.4x
Sector forward P/E	13.72x
Sector P/E	15.79x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Effective tax rate	8.9%
FCF margin	23.98%
Operating margin	14.26%
Pretax margin	12.07%
Profit margin	11%
Profit per employee	$24,151
Profitable quarters	38
Profitable years	10
Revenue per employee	$219,557
ROA	0.38%
ROA (5Y)	0.63%
ROE	4.75%
ROE (5Y)	7.8%
Tax / revenue	1.07%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-6.84%
EPS growth (Q)	-61.73%
EPS growth (QoQ)	-35.42%
EPS growth 10Y	-5.37%
EPS growth 3Y	-11.03%
EPS growth 5Y	-16.17%
EPS growth years	0
FCF growth	141.64%
FCF growth 3Y	-15.65%
FCF growth 5Y	-2.87%
Net income growth	-6.39%
Net income growth (Q)	-61.08%
Net income growth (QoQ)	-34.97%
Net income growth 3Y	-10.82%
Net income growth 5Y	-12.45%
Net income growth years	0
OCF growth	115.31%
OCF growth 10Y	5.24%
OCF growth 3Y	-15.79%
OCF growth 5Y	-5.1%
Revenue growth	4.89%
Revenue growth (Q)	4.62%
Revenue growth (QoQ)	6.69%
Revenue growth 10Y	6.92%
Revenue growth 3Y	1.4%
Revenue growth 5Y	2.42%
Revenue growth quarters	2
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-761,000
EPS	$1.78
FCF per share	$3.82
Financing cash flow	$-42.6M
Free cash flow	$16.6M
Gross profit	$69.8M
Income taxes	$750,000
Investing cash flow	$16.6M
Net borrowing	$-18M
Net cash flow	$-8.8M
Net income	$7.7M
Operating income	$10M
Revenue	$69.8M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$36.45
Debt / equity	0.38
Debt / FCF	3.62
Goodwill	$22.4M
Net cash (debt)	$32.8M
Net cash / market cap	17.36%
Net debt / equity	-0.21
Net debt / FCF	-1.98
Piotroski F-Score	4
Property, plant and equipment	$43.5M
Shareholders' equity	$157.8M
Tangible book value	$134.6M
Tangible book value per share	$31.07
Total assets	$2B
Total cash	$92.7M
Total debt	$59.8M
Total liabilities	$1.9B
WACC	3.96%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Working capital	$-1.7B

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.55%
Dividend growth	0%
Dividend growth (10Y)	-7.96%
Dividend growth (3Y)	-27.12%
Dividend growth (5Y)	-17.29%
Dividend growth years	0
Dividend payment date	2026-09-25
Dividend payment years	29
Dividend payout frequency	Quarterly
Dividend per share	$0.48
Dividend yield	1.1%
Ex-dividend date	2026-09-18
FCF payout ratio	12.56%
Last dividend	$0.12
Payout ratio	26.97%
Shareholder yield	0.55%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	29.91%
10Y return CAGR	5.46%
10Y total return	70.1%
150-day SMA	$38.54
15Y price change	204.18%
15Y return CAGR	11.01%
15Y total return	379.18%
1D price change	-1.73%
1M price change	3%
1M total return	3%
1W price change	-0.32%
1W total return	-0.32%
1Y price change	24.18%
1Y return CAGR	25.79%
1Y total return	25.77%
20-day SMA	$42.59
200-day SMA	$38.17
20Y price change	38.35%
20Y return CAGR	5.27%
20Y total return	179.43%
3M price change	-1.82%
3M total return	-1.55%
3Y price change	130.1%
3Y return CAGR	33.93%
3Y total return	140.26%
50-day SMA	$42.70
50-day SMA vs 200-day SMA	50over200
52-week high	$45.90
52-week high date	2026-08-04
52-week low	$30.05
52-week low date	2026-05-05
5Y price change	-3%
5Y return CAGR	1.8%
5Y total return	9.32%
6M price change	35.94%
6M total return	36.81%
All-time high	$50.00
All-time high date	2021-11-08
All-time low	$11.30
All-time low date	2010-12-17
Average true range (ATR)	$0.93
Average volume	12K
Beta (1Y)	0.03
Beta (2Y)	0.02
Beta (5Y)	0.17
Change from 52-week high	-4.9%
Change from 52-week low	45.26%
Change from all-time high	-12.7%
Change from all-time low	286.28%
Change from open	-1.56%
Day's gap	-0.18%
Dollar volume	$430,083
High price	$44.34
Low price	$43.65
Monthly RSI	64.8
Open price	$44.34
Position in 52-week range	0%
Previous close	$44.42
Price vs 150-day SMA	13.26%
Price vs 20-day SMA	2.5%
Price vs 200-day SMA	14.37%
Price vs 50-day SMA	2.23%
Relative volume	0.82
RSI	56.42
Sharpe ratio	0.71
Sharpe ratio (3Y)	0.92
Sharpe ratio (5Y)	0.09
Sortino ratio	1.58
Sortino ratio (3Y)	1.96
Sortino ratio (5Y)	0.36
Volume	9.9K
Weekly RSI	62.56
YTD price change	24.04%
YTD total return	25.23%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	3.4M
Float percentage	78.09%
Shares change (QoQ)	0.15%
Shares change (YoY)	0.55%
Shares held by insiders	12.77%
Shares held by institutions	38.52%
Shares outstanding	4.3M
Short % of float	3.33%
Short % of shares	2.6%
Short ratio	11.1 days

Deeper analysis on FNWD

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this FNWD report

Is a complete FNWD research report available?

No complete published report is available for Finward Bancorp (FNWD) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Finward Bancorp (FNWD)

Price

Financial snapshot

Fair-value bridge

Latest news · FNWD

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All FNWD indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on FNWD

Frequently asked questions