NASDAQ · Banks - Regional

Finward Bancorp (FNWD) Stock

$43.56 +0.14% NASDAQ: FNWD Financial Services

Valuation

MetricValue
Price$43.56
Market Cap$188.65M
P/E Ratio18.51
P/B Ratio1.02
P/S Ratio1.80
EPS (TTM)$1.88
52-Week High$45.90
52-Week Low$30.05
Dividend Yield1.13%

Financials & Margins

MetricValue
ROE5.68%
ROA0.48%
ROCE0.52%
Gross Margin7.92%
Operating Margin7.92%
Net Margin9.65%
Debt/Equity0.53
Current Ratio1.77

Annual Financials (USD)

Metric20212022202320242025
Revenue$67.0M$84.0M$97.0M$112.0M$101.0M
Operating Profit$16.0M$17.0M$8.0M$13.0M$8.0M
Net Profit$15.0M$15.0M$8.0M$12.0M$8.0M
EPS$4.30$3.60$1.96$2.84$1.88
Op Margin24.6%19.8%8.3%12.0%8.0%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$1.6B$2.1B$2.1B$2.1B$2.0B
Total Liabilities$1.5B$1.9B$2.0B$1.9B$1.8B
Cash$34.0M$34.0M$86.0M$70.0M$18.0M
Borrowings$15.0M$136.0M$118.0M$105.0M$85.0M

Latest News

Finward Bancorp Announces Dividend Business Wire · Jun 3, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$17.0M$18.0M$24.0M$10.0M$10.0M
Investing Cash Flow$-129.0M$-4.0M$14.0M$40.0M$94.0M
Financing Cash Flow$132.0M$-133.0M$61.0M$-51.0M$-34.0M
Net Cash Flow$13.0M$-2.0M$55.0M$-15.0M$49.0M
Free Cash Flow$14.0M$15.0M$23.0M$7.0M$9.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.22
EV / EBITDA—
FCF Yield—
Quick Ratio—
Interest Coverage—
Return 1Y33.53%
Return 3Y68.71%
Return 5Y-6.89%

Ownership

Insiders Held21.74%
Institutions Held49.17%
Institutions Float Held62.83%
Institutional HolderSharesReport Date
Alliancebernstein L.P.413,7352026-03-31
PL Capital Advisors, LLC395,7162026-03-31
Vanguard Capital Management LLC162,3022026-03-31
Blackrock Inc.160,2432026-03-31
Finward Bancorp 131,5602026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
BVFLBV Financial, Inc. $22.05 -2.30% 13.97 $186.78M 0.00%
CFBKCF Bankshares Inc. $34.48 -0.26% 12.04 $221.21M 1.05%
CZWICitizens Community Bancorp, Inc. $21.42 -0.37% 16.26 $206.71M 1.97%
ECBKECB Bancorp, Inc. $21.66 +1.55% 14.39 $189.26M 0.00%
FCAPFirst Capital, Inc. $63.35 -0.92% 11.37 $211.88M 2.03%

About Finward Bancorp

Finward Bancorp is led by CEO Benjamin J. Bochnowski, employs 293 people, headquartered in US, publicly traded since 1998.

Finward Bancorp (FNWD) stock trades at $43.56 with a market capitalization of $188.65M. The stock is valued at a price-to-earnings (P/E) ratio of 18.51, price-to-book of 1.02, price-to-sales of 1.80. Over the past 52 weeks the stock has ranged between $30.05 and $45.90, and currently trades 5.1% below its 52-week high. It pays a dividend yielding 1.13%.

On profitability, Finward Bancorp generates a return on equity (ROE) of 5.68%, return on capital employed of 0.52%, an operating margin of 7.92%, a net profit margin of 9.65%.

Finward Bancorp by the numbers, 2016–2025

Between 2016 and 2025 Finward Bancorp reported revenue of $40.0M rising to $101.0M, a change of +152.5% across 10 years. Compounded, revenue has grown 7.6% a year over five years, 6.3% over three, -9.8% over the last twelve months. Net profit fell to $8.0M.

Operating margin went from 29.2% in 2016 to 8.0% in 2025, a fall of 21.2 percentage points. The most recent net margin is 9.65%. On a trailing twelve-month basis to Jun '26, revenue is $101.0M and net profit $9.0M.

Borrowings rose from $40.0M to $85.0M, cash from operations was $10.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 7.7% over five years, and was 4.6% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Finward Bancorp (FNWD) — frequently asked questions

What is Finward Bancorp (FNWD) stock price today?

Finward Bancorp (FNWD) is currently trading at $43.56, up 0.14% today.

What is FNWD P/E ratio?

Finward Bancorp's P/E ratio is 18.51. This is between 15x and 30x, around the typical market average of roughly 18-22x.

What is FNWD return on equity (ROE)?

Finward Bancorp's return on equity (ROE) is 5.68%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.

What is Finward Bancorp's market cap?

Finward Bancorp has a market capitalization of $188.65M.

Does FNWD pay a dividend?

Yes. Finward Bancorp currently yields 1.13%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does FNWD carry?

Finward Bancorp has a debt-to-equity ratio of 0.53. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is FNWD's profit margin?

Finward Bancorp reports a net profit margin of 9.65% — the share of revenue left after every cost, including tax and interest.

What sector is FNWD in?

Finward Bancorp is classified under Financial Services, in the Banks - Regional industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is FNWD listed on?

Finward Bancorp trades on NASDAQ under the ticker FNWD.

What is FNWD's 52-week range?

Over the last year Finward Bancorp has traded between $30.05 and $45.90.

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Screens FNWD currently matches

On the figures above, Finward Bancorp passes the filters for 1 of our ready-made screens, among them Micro Cap Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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