Finward Bancorp (OTCMKTS:FNWD) Shares Up 0.7%

Finward Bancorp (OTCMKTS:FNWD - Get Free Report) shares shot up 0.7% during trading on Wednesday . The stock traded as high as $24.77 and last traded at $24.77. 1,078 shares traded hands during trading, a decline of 89% from the average session volume of 9,871 shares. The stock had previously closed at $24.60.

Finward Bancorp Stock Performance

The firm has a 50-day moving average price of $23.98 and a 200 day moving average price of $22.87. The firm has a market capitalization of $106.70 million, a PE ratio of 12.79 and a beta of 0.54. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.10.

Finward Bancorp (OTCMKTS:FNWD - Get Free Report) last released its quarterly earnings results on Tuesday, January 30th. The company reported $0.35 EPS for the quarter. Finward Bancorp had a return on equity of 10.52% and a net margin of 14.46%. The business had revenue of $15.45 million during the quarter. Research analysts expect that Finward Bancorp will post 2.15 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FNWD. Vanguard Group Inc. lifted its holdings in Finward Bancorp by 248.1% during the 1st quarter. Vanguard Group Inc. now owns 145,741 shares of the company's stock worth $6,735,000 after buying an additional 103,877 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Finward Bancorp by 13.8% during the 2nd quarter. Geode Capital Management LLC now owns 29,267 shares of the company's stock worth $667,000 after buying an additional 3,548 shares during the last quarter. Fourthstone LLC lifted its holdings in Finward Bancorp by 38.9% during the 1st quarter. Fourthstone LLC now owns 21,094 shares of the company's stock worth $975,000 after buying an additional 5,906 shares during the last quarter. BlackRock Inc. lifted its holdings in Finward Bancorp by 89.8% during the 2nd quarter. BlackRock Inc. now owns 19,553 shares of the company's stock worth $422,000 after buying an additional 9,250 shares during the last quarter. Finally, State Street Corp lifted its holdings in Finward Bancorp by 109.9% during the 2nd quarter. State Street Corp now owns 10,503 shares of the company's stock worth $397,000 after buying an additional 5,500 shares during the last quarter. 26.59% of the stock is currently owned by hedge funds and other institutional investors.

About Finward Bancorp

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.