Finward Bancorp (FNWD) Stock Price, News & Analysis

Company Overview

Finward Bancorp is a bank holding company headquartered in Munster, Indiana. Through its principal subsidiary, Peoples Bank, the company provides community banking services to individuals, families, businesses and nonprofit organizations.

Peoples Bank offers a range of financial products, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial real estate financing, business loans and lines of credit. The bank also provides treasury management, online and mobile banking, and other services designed to support personal and business financial needs.

The company serves customers in Northwest Indiana and the greater Chicago metropolitan area, including communities in northeastern Illinois. Peoples Bank traces its history to 1910. Finward Bancorp was formerly known as Northern States Financial Corporation and adopted its current name in 2021.

Key Stats

• Today's Range: $42.42 to $42.86
• 50-Day Range: $36.49 to $45.28
• 52-Week Range: $30.05 to $45.90
• Volume: 7,149 shs
• Average Volume: 12,770 shs
• Market Capitalization: $183.81 million
• P/E Ratio: 18.70
• Dividend Yield: 1.13%
• Price Target: $41.00
• Consensus Rating: Moderate Buy

Finward Bancorp Stock Analysis - MarketRank™

Finward Bancorp scored higher than 78% of companies evaluated by MarketBeat, and ranked 322nd out of 854 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Finward Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no strong buy ratings, 2 buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for Finward Bancorp is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Finward Bancorp has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.01%

Earnings Growth

Earnings for Finward Bancorp are expected to grow by 19.01% in the coming year, from $2.63 to $3.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Finward Bancorp is 18.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of Finward Bancorp is 18.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.58.

Price to Book Value per Share Ratio

Finward Bancorp has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.00% of the float of Finward Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Finward Bancorp has a short interest ratio ("days to cover") of 8.11.

Change versus previous month

Short interest in Finward Bancorp has recently increased by 2.25%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Finward Bancorp pays a meaningful dividend of 1.11%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Finward Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Finward Bancorp is 21.15%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Finward Bancorp will have a dividend payout ratio of 15.34% next year. This indicates that Finward Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.89

News Sentiment

Finward Bancorp has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Finward Bancorp this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.6 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

6 insiders have purchased shares of Finward Bancorp in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $7,680.00 in company stock, which represents 0.0042% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Finward Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $7,680.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

13.13% of the stock of Finward Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

26.59% of the stock of Finward Bancorp is held by institutions.

Company Calendar

• Last Earnings: 7/28/2026
• Record date for 9/25 Dividend: 9/18/2026
• Ex-Dividend for 9/25 Dividend: 9/18/2026
• Dividend Payable: 9/25/2026
• Today: 9/28/2026
• Next Earnings (Estimated): 10/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:FNWD
• Previous Symbol: OTCMKTS:FNWD
• CIK: 919864
• Web: www.ibankpeoples.com
• Phone: (219) 836-4400
• Fax: N/A
• Employees: 318
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Finward Bancorp: $41.00
• High Price Target: $41.00
• Low Price Target: $41.00
• Potential Upside/Downside: -3.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.27
• Trailing P/E Ratio: 18.70
• Forward P/E Ratio: 16.14
• P/E Growth: N/A
• Net Income: $8.09 million
• Net Margins: 9.65%
• Pretax Margin: 10.32%
• Return on Equity: 5.68%
• Return on Assets: 0.48%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 0.88
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $101.06 million
• Price / Sales: 1.82
• Cash Flow: $3.24 per share
• Price / Cash Flow: 13.10
• Book Value: $40.37 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 4,330,000
• Free Float: 3,764,000
• Market Cap: $183.81 million
• Optionable: Not Optionable
• Beta: 0.16