Finward Bancorp FNWD Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$41.93 up $0.14, 0.34% at close Oct 16
Last close · Previous close $41.79
- Market cap
- At the Oct 16 close
- P/E ratio
- 18.47On last 12 months’ EPS
- Diluted EPS
- $2.27Last 12 months
- Dividend yield
- 1.14%Last 12 months
Price chart
$41.93up $0.14, 0.34%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$41.79Oct 15
- Volume15.19KOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume10.54KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $30.05 to $45.90; now $41.93
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
FNWD beat the S&P 500 in 4 of 7 periods.
| Period | FNWD and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FNWD: down 1.8% S&P 500: up 1.5% | FNWD trailed the S&P 500 by 3.3 percentage points Trailed |
| 3M | FNWD: up 15.7% S&P 500: up 1.9% | FNWD beat the S&P 500 by 13.8 percentage points Beat |
| YTD | FNWD: up 20.3% S&P 500: up 12.8% | FNWD beat the S&P 500 by 7.5 percentage points Beat |
| 1Y | FNWD: up 33.0% S&P 500: up 16.8% | FNWD beat the S&P 500 by 16.2 percentage points Beat |
| Long term | ||
| 3Y | FNWD: up 103.0% S&P 500: up 81.5% +26.6% vs +22.0% a year | FNWD beat the S&P 500 by 21.5 percentage points Beat |
| 5Y | FNWD: up 12.6% S&P 500: up 83.1% +2.4% vs +12.9% a year | FNWD trailed the S&P 500 by 70.5 percentage points Trailed |
| 10Y | FNWD: up 63.7% S&P 500: up 319.6% +5.0% vs +15.4% a year | FNWD trailed the S&P 500 by 255.9 percentage points Trailed |
$10,000 invested in FNWD 10 years ago (Oct 14, 2016) would be worth about $16,367 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,964.
FNWD beat the S&P 500 in 4 of 7 periods.
| Period | FNWD and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FNWD: down 2.1% S&P 500: up 1.2% | FNWD trailed the S&P 500 by 3.3 percentage points Trailed |
| 3M | FNWD: up 15.4% S&P 500: up 1.7% | FNWD beat the S&P 500 by 13.7 percentage points Beat |
| YTD | FNWD: up 19.2% S&P 500: up 11.9% | FNWD beat the S&P 500 by 7.3 percentage points Beat |
| 1Y | FNWD: up 31.4% S&P 500: up 15.5% | FNWD beat the S&P 500 by 15.9 percentage points Beat |
| Long term | ||
| 3Y | FNWD: up 94.5% S&P 500: up 75.0% +24.8% vs +20.5% a year | FNWD beat the S&P 500 by 19.5 percentage points Beat |
| 5Y | FNWD: unchanged S&P 500: up 71.2% −0.0% vs +11.4% a year | FNWD trailed the S&P 500 by 71.2 percentage points Trailed |
| 10Y | FNWD: up 25.2% S&P 500: up 258.1% +2.3% vs +13.6% a year | FNWD trailed the S&P 500 by 232.9 percentage points Trailed |
$10,000 invested in FNWD 10 years ago (Oct 14, 2016) would be worth about $12,516 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,813.
All-time high
$50.00
Closing high on . Now 16.1% below that record.
Split-adjusted daily closes since Mar 17, 1998.
Stock splits
1
2-for-1 on . One share bought before the first split is 2 shares today.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $69.00Mup 8.2%
- Net income
- $9.82Mup 84.8%
- Diluted EPS
- $2.27up 83.1%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $14.87M | $606.00K | $0.14 |
| Q4 FY24 (Dec 31, 2024) | $16.92M | $2.10M | $0.49 |
| Q1 FY25 (Mar 31, 2025) | $15.09M | $455.00K | $0.11 |
| Q2 FY25 (Jun 30, 2025) | $16.90M | $2.15M | $0.50 |
| Q3 FY25 (Sep 30, 2025) | $17.66M | $3.50M | $0.81 |
| Q4 FY25 (Dec 31, 2025) | $16.60M | $1.98M | $0.46 |
| Q1 FY26 (Mar 31, 2026) | $17.43M | $2.24M | $0.52 |
| Q2 FY26 (Jun 30, 2026) | $17.31M | $2.09M | $0.48 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $63.01M | $14.96M | $4.30 |
| FY22 (Dec 31, 2022) | $78.66M | $15.08M | $3.60 |
| FY23 (Dec 31, 2023) | $63.28M | $8.38M | $1.96 |
| FY24 (Dec 31, 2024) | $71.60M | $12.13M | $2.84 |
| FY25 (Dec 31, 2025) | $66.25M | $8.09M | $1.88 |
Margins
- Gross 100.0%
- Operating 15.2%
- Net 14.2%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $17.37MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$17.31MLast 12 months
- Capital spending$58.00KLast 12 months
- 25.2%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $0.00Last 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$2.08MLast 12 months
- Total returned$2.08MLast 12 months
12% of free cash flow
Balance sheet
- Not reportedAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$95.30MAs of Jun 30, 2026
- 0.53As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 5.7%Last 12 months
Over the last 12 months, Finward Bancorp’s net income was 5.7% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 0.5%Last 12 months
Over the last 12 months, Finward Bancorp’s net income was 0.5% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $1.11 |
| 2017 | $1.15 |
| 2018 | $1.19 |
| 2019 | $1.23 |
| 2020 | $1.24 |
| 2021 | $1.24 |
| 2022 | $1.24 |
| 2023 | $0.93 |
| 2024 | $0.48 |
| 2025 | $0.48 |
| 2026 (to date) | $0.36 |
Dividend details
- $0.48Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield1.14%Last 12 months
- $0.12Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- down 17.3% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 21.1%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Finward Bancorp
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 locations in Lake and Porter Counties in Northwest Indiana and Chicagoland. Finward Bancorp’s common stock is quoted on The NASDAQ Stock Market, LLC under the symbol FNWD.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Headquarters
- Indiana, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
FNWD news
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FNWD stock FAQ
What is FNWD stock’s price today?
Finward Bancorp (FNWD) traded at $41.93 at the close on , up $0.14 (0.34%) from the previous close of $41.79. Over the past 52 weeks it has traded between $30.05 and $45.90.
If you invested $1,000 in FNWD 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in FNWD on would be worth about $1,637 at the close on , a total return of +63.7%. The same $1,000 would be worth $1,126 if invested five years ago, $1,330 if invested one year ago, and $2,705 if invested 20 years ago. Past performance doesn’t predict future returns.
What is FNWD’s P/E ratio?
FNWD trades at 18.5 times its diluted earnings over the four quarters to ($2.27 per share), at the close. (How the P/E ratio works.)
How much revenue does Finward Bancorp make?
Finward Bancorp reported $69.0 million of revenue over the four quarters to , up 8.2% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $17.3 million, up 2.4% from a year earlier.
Is Finward Bancorp profitable?
Yes. Finward Bancorp earned $9.8 million of net income over the four quarters to , a net margin of 14.2%, and its operating margin was 15.2% (what margins tell you).
What are FNWD’s earnings per share?
FNWD’s diluted earnings per share were $2.27 over the four quarters to , compared with $1.24 in the twelve months before. The latest quarter (Q2 FY26) brought $0.48 per share, against $0.50 a year earlier (how EPS works).
Does FNWD pay a dividend?
Yes. Finward Bancorp pays a quarterly dividend. The most recent was $0.12 per share, with an ex-dividend date of . Over the last twelve months it paid $0.48 per share, a 1.14% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($0.48 per share), and if the next 12 months match the last 12, 100 shares would receive about $48 over 12 months, and $1,000 over 12 months would take about 2,084 shares, roughly $87,382 at the close. Dividends can change.
What is FNWD’s 52-week high and low?
Over the past 52 weeks FNWD has traded as low as $30.05 and as high as $45.90. At $41.93 at the close on , it is 8.6% below that high and 39.5% above the low.
What is FNWD’s all-time high?
FNWD’s highest closing price was $50.00 on , adjusted for stock splits. At $41.93 at the close on , it is 16.1% below that record.
Has FNWD stock ever split?
Yes, once: 2-for-1 on . One share bought before the first split would be 2 shares today.
How has FNWD stock performed?
Including dividends and measured to the close on , FNWD has returned +20.3% so far this year and +33.0% over the past year, and +12.6% over five years (+2.4% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is Finward Bancorp in?
Finward Bancorp is in the Financial Services sector and the Banks - Regional industry, and is headquartered in Indiana, USA.
What exchange does FNWD trade on?
Finward Bancorp trades on the Nasdaq under the ticker symbol FNWD. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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