NASDAQ: FNWD
Finward Bancorp Stock

$35.00-0.04 (-0.11%)
Updated Apr 10, 2026
FNWD Price
$35.00
Fair Value Price
$2.83
Market Cap
$151.57M
52 Week Low
$26.46
52 Week High
$39.99
P/E
18.52x
P/B
0.87x
P/S
2.3x
PEG
0.5x
Dividend Yield
1.37%
Revenue
$66.25M
Earnings
$8.09M
Gross Margin
100%
Operating Margin
12.24%
Profit Margin
12.2%
Debt to Equity
10.57
Operating Cash Flow
$10M
Beta
0.15
Next Earnings
Apr 28, 2026
Ex-Dividend
N/A
Next Dividend
N/A

FNWD Overview

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. Its loan products portfolio comprises residential mortgage loans that enable borrowers to purchase existing homes, refinance existing homes, or construct new homes; construction loans primarily to individuals and contractors; commercial real estate loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement loans and equity loans; commercial business loans; government loans; and loans to municipalities. The company also offers estate and retirement planning services, guardianships, land trusts, profit sharing and 401(k) retirement plans, IRA and Keogh accounts, and investment agency accounts, as well as serves as the personal representative of estates, and acts as trustee for revocable and irrevocable trusts. In addition, it provides insurance and annuity investments to wealth management customers; holds real estate properties; and operates as a real estate investment trust. As of March 2, 2022, the company operated through 30 locations in Lake and Porter counties in Northwest Indiana and South Chicagoland. The company was formerly known as NorthWest Indiana Bancorp and changed its name to Finward Bancorp in May 2021. Finward Bancorp was incorporated in 1994 and is headquartered in Munster, Indiana.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine FNWD's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

B
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Bank

Industry Rating
D
FNWD
Ranked
#132 of 282

Top Ranked Stocks in Industry

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Overview

Due Diligence Score

Industry Average (39)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how FNWD scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FNWD ($35.00) is overvalued by 1,135.08% relative to our estimate of its Fair Value price of $2.83 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
FNWD ($35.00) is not significantly undervalued (1,135.08%) relative to our estimate of its Fair Value price of $2.83 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
FNWD ($35.00) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more FNWD due diligence checks available for Premium users.

Valuation

FNWD fair value

Fair Value of FNWD stock based on Discounted Cash Flow (DCF)

Price
$35.00
Fair Value
$2.83
Overvalued by
1,135.08%
FNWD ($35.00) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FNWD ($35.00) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FNWD ($35.00) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

FNWD price to earnings (PE)

For valuing profitable companies with steady earnings

Company
18.52x
Industry
14.74x
Market
29.91x
FNWD is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FNWD is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

FNWD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.87x
Industry
1.29x
FNWD is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FNWD price to earnings growth (PEG)

For valuing profitable companies with growth potential

FNWD is good value based... subscribe to Premium to read more.
PEG Value Valuation

FNWD's financial health

Profit margin

Revenue
$16.6M
Net Income
$2.0M
Profit Margin
12%
FNWD's Earnings (EBIT) of $8.11M... subscribe to Premium to read more.
Interest Coverage Financials
FNWD's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.0B
Liabilities
$1.8B
Debt to equity
10.57
FNWD's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FNWD's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$7.7M
Investing
$50.6M
Financing
-$42.9M
FNWD's operating cash flow ($9.90M)... subscribe to Premium to read more.
Debt Coverage Financials

FNWD vs Bank Stocks

TickerZen RatingMarket Cap1d %P/EP/B
FNWDC$151.57M-0.11%18.52x0.87x
FGBI$154.46M-0.20%-2.35x0.68x
SRBKD$147.70M-0.73%33.43x0.78x
PNBKC$155.72M+0.76%-7.82x1.64x
RMBIC$145.97M-0.22%11.58x1.00x

Finward Bancorp Stock FAQ

What is Finward Bancorp's quote symbol?

(NASDAQ: FNWD) Finward Bancorp trades on the NASDAQ under the ticker symbol FNWD. Finward Bancorp stock quotes can also be displayed as NASDAQ: FNWD.

If you're new to stock investing, here's how to buy Finward Bancorp stock.

What is the 52 week high and low for Finward Bancorp (NASDAQ: FNWD)?

(NASDAQ: FNWD) Finward Bancorp's 52-week high was $39.99, and its 52-week low was $26.46. It is currently -12.48% from its 52-week high and 32.28% from its 52-week low.

How much is Finward Bancorp stock worth today?

(NASDAQ: FNWD) Finward Bancorp currently has 4,330,486 outstanding shares. With Finward Bancorp stock trading at $35.00 per share, the total value of Finward Bancorp stock (market capitalization) is $151.57M.

Finward Bancorp stock was originally listed at a price of $21.13 in May 20, 1998. If you had invested in Finward Bancorp stock at $21.13, your return over the last 27 years would have been 65.68%, for an annualized return of 1.89% (not including any dividends or dividend reinvestments).

How much is Finward Bancorp's stock price per share?

(NASDAQ: FNWD) Finward Bancorp stock price per share is $35.00 today (as of Apr 10, 2026).

What is Finward Bancorp's Market Cap?

(NASDAQ: FNWD) Finward Bancorp's market cap is $151.57M, as of Apr 12, 2026.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Finward Bancorp's market cap is calculated by multiplying FNWD's current stock price of $35.00 by FNWD's total outstanding shares of 4,330,486.
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