
Finward Bancorp
FNWDNASDAQFinancial ServicesBanks - Regional
Previous close
$43.50
+$0.14 · +0.32%
FNWD company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
84
Deep Value
Momentum
43
Neutral
Sentiment
61
Bullish
Risk resilience
73
Moderate Risk
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Company profile
Company websiteFinward Bancorp serves as the parent entity for Peoples Bank, a financial institution offering a comprehensive suite of banking products and services. Its deposit offerings include various checking accounts, both with and without interest, alongside savings accounts, money market deposit accounts, certificates of deposit, and specialized retirement savings plans. The company's lending activities are diverse, encompassing residential mortgage loans for purchasing, refinancing, or building homes; construction loans provided to individuals and contractors; commercial real estate financing; personal consumer loans for household or family expenditures; home equity lines of credit; home improvement and equity-backed loans; commercial business loans; government-backed loans; and funding for municipalities. Beyond traditional banking, Finward Bancorp delivers a range of wealth management and fiduciary services. These comprise estate and retirement planning, guardianship administration, land trusts, profit-sharing and 401(k) retirement plans, IRA and Keogh accounts, and investment agency accounts. The company also acts as a personal representative for estates and functions as a trustee for both revocable and irrevocable trusts. Additionally, it provides insurance and annuity investment options to its wealth management clients, manages a portfolio of real estate properties, and operates as a real estate investment trust. As of March 2, 2022, the company operated 30 branches situated in Lake and Porter counties in Northwest Indiana, extending into the South Chicagoland area. Originally incorporated in 1994 as NorthWest Indiana Bancorp, the company adopted its current name, Finward Bancorp, in May 2021. Its corporate headquarters are located in Munster, Indiana.
- Industry
- Banks - Regional
- Sector
- Financial Services
- Headquarters
- US
- CEO
- Benjamin J. Bochnowski
- Listed since
- May 20, 1998
- Employees
- 307
Market position
Day range
Current $43.50
52-week range
Current $43.50
- Open
- $44.145
- Previous close
- $43.36
- Volume
- 6.45K
- 0.34× average
- Average volume
- 18.86K
- Average daily volume
- Market cap
- 188.49M USD
- Beta
- 0.19
- Market reference 1
- 50-day average
- $39.5826
- +9.90% above average
- 200-day average
- $36.5478
- +19.02% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 216.75M USD
- EV / EBITDA
- 15.16×
- Earnings yield
- 5.38%
- Free cash flow yield
- 6.02%
Profitability & efficiency
- Return on equity
- 4.63%
- Return on assets
- 0.40%
- Return on invested capital
- 0.91%
Financial health
- Current ratio
- 1.77×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 101.06M USD | 111.83M USD | 96.53M USD | 83.54M USD | 66.6M USD |
| Cost of goods sold | 34.82M USD | 40.23M USD | 33.25M USD | 4.89M USD | 3.59M USD |
| Gross profit | 66.25M USD | 71.6M USD | 63.28M USD | 78.66M USD | 63.01M USD |
| Selling, general, and administrative | 32.1M USD | 30.33M USD | 30.5M USD | 32.13M USD | 26.19M USD |
| Operating expenses | 58.14M USD | 58.14M USD | 55.23M USD | 62.1M USD | 46.64M USD |
| Interest income | 91.76M USD | 89.18M USD | 85.78M USD | 72.04M USD | 50.66M USD |
| Interest expense | 35.02M USD | 40.73M USD | 31.23M USD | 4.89M USD | 2.08M USD |
| Depreciation and amortization | 6.19M USD | 7.29M USD | 7.16M USD | 5.97M USD | 4.56M USD |
| Operating income | 8.11M USD | 13.46M USD | 8.05M USD | 16.56M USD | 16.38M USD |
| Net income | 8.09M USD | 12.13M USD | 8.38M USD | 15.08M USD | 14.96M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 55%
- 6 beats, 5 misses, 0 met estimates
- Average EPS surprise
- +74.16%
- 11 comparable reports
- Latest EPS result
- 0.48
- Estimate 0.62 · Miss by 22.58%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Recent analyst actions
FNWD news
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
$0.48
2025 complete year-61.3% since 2020
2026 partial: $0.24
$1.24
2,020
$1.24
2,021
$1.24
2,022
$0.48
2,024
$0.48
2,025
$0.24
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Jun 17, 2026 | $0.12Quarterly | Jun 17, 2026 | Jun 29, 2026 |
Dividend | Mar 16, 2026 | $0.12Quarterly | Mar 16, 2026 | Mar 31, 2026 |
Dividend | Dec 17, 2025 | $0.12Quarterly | Dec 17, 2025 | Dec 30, 2025 |
Dividend | Aug 29, 2025 | $0.12Quarterly | Aug 29, 2025 | Sep 12, 2025 |
Dividend | Apr 28, 2025 | $0.12Quarterly | Apr 28, 2025 | May 12, 2025 |
Dividend | Jan 21, 2025 | $0.12Quarterly | Jan 21, 2025 | Feb 3, 2025 |
Ex-dividend Jun 17, 2026
$0.12
Quarterly
Record Jun 17, 2026 · Payment Jun 29, 2026
Ex-dividend Mar 16, 2026
$0.12
Quarterly
Record Mar 16, 2026 · Payment Mar 31, 2026
Ex-dividend Dec 17, 2025
$0.12
Quarterly
Record Dec 17, 2025 · Payment Dec 30, 2025
Ex-dividend Aug 29, 2025
$0.12
Quarterly
Record Aug 29, 2025 · Payment Sep 12, 2025
Ex-dividend Apr 28, 2025
$0.12
Quarterly
Record Apr 28, 2025 · Payment May 12, 2025
Ex-dividend Jan 21, 2025
$0.12
Quarterly
Record Jan 21, 2025 · Payment Feb 3, 2025
FNWD peers
ETFs holding FNWD
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI4.97M0.00%2.3T USD0.03%$378.24+0.44%
Vanguard Extended Market ETFVXF2.04M0.00%93.7B USD0.05%$245.53+0.82%
iShares Micro-Cap ETFIWC523.92K0.03%1.53B USD0.60%$198.39+1.10%
Dimensional - US Core Equity 2 ETFDFAC221.31K0.00%49.31B USD0.17%$45.61+0.46%
Avantis U.S. Small Cap Value ETFAVUV196.98K—31.27B USD0.25%$126.45+0.66%
Dimensional - US Targeted Value ETFDFAT94.44K0.00%14.66B USD0.28%$71.67+0.67%
Avantis U.S. Small Cap Equity ETFAVSC90.1K—3.16B USD0.25%$73.84+0.70%
U.S. Micro Cap Portfolio ETFDFMC43.45K0.00%8.06B USD0.43%$60.95+0.73%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 4.97M
- Weight
- 0.00%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard Extended Market ETFVXF- Market value
- 2.04M
- Weight
- 0.00%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
iShares Micro-Cap ETFIWC- Market value
- 523.92K
- Weight
- 0.03%
- AUM
- 1.53B USD
- Expense ratio
- 0.60%
- Price / 1D
- $198.39+1.10%
Dimensional - US Core Equity 2 ETFDFAC- Market value
- 221.31K
- Weight
- 0.00%
- AUM
- 49.31B USD
- Expense ratio
- 0.17%
- Price / 1D
- $45.61+0.46%
Avantis U.S. Small Cap Value ETFAVUV- Market value
- 196.98K
- Weight
- —
- AUM
- 31.27B USD
- Expense ratio
- 0.25%
- Price / 1D
- $126.45+0.66%
Dimensional - US Targeted Value ETFDFAT- Market value
- 94.44K
- Weight
- 0.00%
- AUM
- 14.66B USD
- Expense ratio
- 0.28%
- Price / 1D
- $71.67+0.67%
Avantis U.S. Small Cap Equity ETFAVSC- Market value
- 90.1K
- Weight
- —
- AUM
- 3.16B USD
- Expense ratio
- 0.25%
- Price / 1D
- $73.84+0.70%
U.S. Micro Cap Portfolio ETFDFMC- Market value
- 43.45K
- Weight
- 0.00%
- AUM
- 8.06B USD
- Expense ratio
- 0.43%
- Price / 1D
- $60.95+0.73%
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