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Finward Bancorp (NASDAQ:FNWD) Posts Earnings Results, Beats Estimates By $0.26 EPS

Finward Bancorp logo with Finance background

Key Points

  • Finward Bancorp (NASDAQ:FNWD) reported earnings of $0.50 EPS, surpassing analysts' expectations by $0.26 EPS.
  • The company’s stock saw a slight increase of 0.0% and trades at $27.80 with a market cap of $120.26 million.
  • Analyst ratings were positive, with Stephens raising the target price for Finward Bancorp shares from $32.00 to $34.00 and issuing an "overweight" rating.
  • Five stocks to consider instead of Finward Bancorp.
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Finward Bancorp (NASDAQ:FNWD - Get Free Report) posted its earnings results on Tuesday. The company reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.26, Zacks reports. Finward Bancorp had a net margin of 3.28% and a return on equity of 2.16%.

Finward Bancorp Stock Up 0.0%

FNWD traded up $0.01 during trading on Tuesday, hitting $27.80. The company had a trading volume of 136,671 shares, compared to its average volume of 13,303. The company has a market cap of $120.26 million, a PE ratio of 36.10 and a beta of 0.25. The business has a 50-day moving average of $28.48 and a 200-day moving average of $28.44. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.85. Finward Bancorp has a 1-year low of $26.12 and a 1-year high of $33.50.

Analyst Ratings Changes

Separately, Stephens boosted their target price on shares of Finward Bancorp from $32.00 to $34.00 and gave the stock an "overweight" rating in a research report on Friday, May 2nd.

Read Our Latest Stock Report on Finward Bancorp

About Finward Bancorp

(Get Free Report)

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.

See Also

Earnings History for Finward Bancorp (NASDAQ:FNWD)

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