Price History

Hover for the daily close. The dotted line marks the period open.

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FNWD Key Statistics

As of Sep 4, 2026

Trading

Open: $43.84
Previous Close: $43.74
Day's Range: 43.78–44.20
52-Week Range: 30.05–45.90
Volume: 12.20K
Beta: 0.19

Valuation

Market Cap: $190.22M
P/E Ratio: 19.25
Forward P/E: 14.03
PEG Ratio: 1.72
P/S ratio: 2.76
EPS (ttm): 2.28

Financials (FY)

Revenue (FY): $66.04M−7.11%
Net Income (FY): $8.09M−33.33%
Profit margin: 14.22%
Shares Outstanding: 4.33M
1-Year Return: +37.05%

Dividend and dates

Dividend: $0.62+1.42%
Ex-Dividend Date: September 1, 2026
Earnings Date: October 27, 2026estimated
Avg Volume: 23.70K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

FNWD Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+34.03%−27.57%+25.60%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+25.60%
2025	+27.11%
2024	+13.44%
2023	−27.57%
2022	−18.54%
2021	+30.73%
2020	−18.31%
2019	+9.79%
2018	−0.69%
2017	+17.78%
2016 (partial year)	+34.03%

As of September 4, 2026.

FNWD Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$66.04M	$8.09M	12.2%
2024	$71.09M	$12.13M	17.1%
2023	$65.30M	$8.38M	12.8%
2022	$78.66M	$15.08M	19.2%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$66.04M	—	—	$8.09M	12.2%
2024	$71.09M	—	—	$12.13M	17.1%
2023	$65.30M	—	—	$8.38M	12.8%
2022	$78.66M	—	—	$15.08M	19.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

FNWD Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.48+0.0% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$0.24	2	—
2025	$0.48	4	+0.0%
2024	$0.48	4	−48.4%
2023	$0.93	3	−25.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.24	2	—
2025	$0.48	4	+0.0%
2024	$0.48	4	−48.4%
2023	$0.93	3	−25.0%
2022	$1.24	4	+0.0%
2021	$1.24	4	+0.0%
2020	$1.24	4	+0.8%
2019	$1.23	4	+3.4%
2018	$1.19	4	+3.5%
2017	$1.15	4	+105.4%
2016	$0.56	2	—

Most recent payment: $0.12 per share, ex-dividend June 17, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

FNWD Valuation vs Banks - Regional Median

Median of 380 stocks

Metric	FNWD	Banks - Regional median	vs median
P/E	19.25	12.62	53% above
P/S ratio	2.76	3.77	27% below
Profit margin	14.22%	29.15%	14.9 pts below

Medians across 380 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Finward Bancorp (FNWD) carries a market capitalisation of $190.22M. The company sits in the Financial Services sector, in the Banks - Regional industry. The company reports 296 employees.

Over the past 52 weeks the price has ranged from $30.05 to $45.90. FNWD last closed at $43.90 on September 4, 2026. That is +$0.16 (+0.37%) against the previous close. The latest close sits 46.09% above that 52-week low.

Financial Health

In fiscal 2025, Finward Bancorp reported revenue of $66.04M. Against the prior fiscal year total of $71.09M, that is a change of −7.11%. The same year closed with net income of $8.09M. That is −33.33% against the prior fiscal year. The reported profit margin is 14.23%. That is 14.9 percentage points below the Banks - Regional median of 29.15%. Earnings per share on a trailing basis come to 2.28.

Across the 4 fiscal years on file, revenue moves from $78.66M in 2022 to $66.04M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

FNWD trades at a trailing price-to-earnings ratio of 19.25. That is 52.54% above the Banks - Regional median of 12.62. On forward earnings the ratio is 14.03. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.72. Measured against sales, the shares trade at 2.76 times revenue. On price-to-sales that is 26.9% below the Banks - Regional median of 3.77. The medians here are taken across 380 Banks - Regional companies that report the metric.

Over the trailing twelve months the price has returned +37.05%. Measured over 10 years, that is +6.61% a year compounded. Beta against the wider market is reported at 0.19. Annualized volatility over the trailing 10 years is 24.41%.

Growth & Income

The trailing dividend yield is 1.42%. That is 1.3 percentage points below the Banks - Regional median yield of 2.7%. The indicated annual rate is $0.62 a share. The ex-dividend date on file is September 1, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $0.24 a share. The year before, 2025, totalled $0.48 a share.

Across the complete calendar years on file, 2021 returned +30.73% and 2023 returned −27.57%. Of the 9 complete calendar years on file, 5 finished higher. So far in 2026 the price is +25.60%.

Peer Comparison

Finward Bancorp (FNWD) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Finward Bancorp	FNWD	$190.22M	19.3
Mizuho Financial Group, Inc.	MFG	$135.92B	16.0
HDFC Bank Limited	HDB	$119.10B	16.0
ICICI Bank Limited	IBN	$108.74B	18.7

The Banks - Regional industry average P/E ratio is 12.6x. Finward Bancorp trades at a P/E of 19.3.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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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. Its loan 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 and multifamily loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement and equity loans; commercial business loans; government loans; and loans to municipalities. The company also offers estate and retirement planning, guardianships, land trusts, profit sharing and 401(k) retirement plans, IRA and Keogh accounts, and investment agency accounts, as well as acts as personal representative of estates, and trustee for revocable and irrevocable trusts. In addition, it provides insurance and annuity investments to wealth management customers; holds security investments and real estate properties; and operates as a real estate investment trust. The company was formerly known as NorthWest Indiana Bancorp and changed its name to Finward Bancorp in March 1994. Finward Bancorp was founded in 1916 and is headquartered in Munster, Indiana.

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Finward Bancorp (FNWD) Stock Analysis