FNWD - Finward Bancorp Stock Price, Fair Value and News

24.54USD-0.04 (-0.16%)Market Closed

Market Summary

USD24.54-0.04

Market Closed

-0.16%

FNWD Stock Price

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FNWD RSI Chart

FNWD Valuation

Market Cap

105.5M

Price/Earnings (Trailing)

12.59

Price/Sales (Trailing)

1.23

EV/EBITDA

1.46

Price/Free Cashflow

4.57

FNWD Price/Sales (Trailing)

FNWD Profitability

EBT Margin

9.38%

Return on Equity

5.69%

Return on Assets

0.4%

Free Cashflow Yield

21.86%

FNWD Fundamentals

FNWD Revenue

Revenue (TTM)

85.8M

Rev. Growth (Yr)

12.05%

Rev. Growth (Qtr)

2.19%

FNWD Earnings

Earnings (TTM)

8.4M

Earnings Growth (Yr)

-61.82%

Earnings Growth (Qtr)

-31.04%

Breaking Down FNWD Revenue

Last 7 days

-0.2%

Last 30 days

-0.2%

Last 90 days

1.0%

How does FNWD drawdown profile look like?

FNWD Financial Health

FNWD Investor Care

Dividend Yield

4.28%

Dividend/Share (TTM)

1.05

Buy Backs (1Y)

0.11%

Diluted EPS (TTM)

1.96

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	76.3M	80.2M	83.4M	85.8M
2022	53.8M	59.1M	65.0M	72.0M
2021	51.5M	51.0M	50.8M	50.7M
2020	52.6M	52.1M	51.6M	51.6M
2019	43.2M	47.6M	50.6M	52.3M
2018	34.0M	34.7M	36.6M	39.5M
2017	32.4M	32.7M	32.9M	33.4M
2016	30.6M	31.5M	32.0M	32.4M
2015	27.8M	27.9M	28.5M	29.4M
2014	26.2M	26.9M	26.4M	27.2M
2013	25.8M	25.5M	26.4M	26.2M
2012	26.6M	26.4M	26.3M	26.1M
2011	29.3M	28.5M	27.8M	27.0M
2010	0	0	0	30.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Finward Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 11, 2024	schmitt benjamin louis	acquired	58,746	23.9	2,458	chief financial officer
Feb 05, 2024	scheub todd m.	bought	1,333	24.53	54.378	executive vice president
Feb 05, 2024	lowry robert t	bought	1,734	24.53	70.689	executive vice president
Feb 05, 2024	bochnowski benjamin j	bought	212	24.53	8.664	president, ceo
Feb 02, 2024	bochnowski benjamin j	acquired	44,104	24.3	1,815	president, ceo
Feb 02, 2024	scheub todd m.	acquired	24,713	24.3	1,017	executive vice president
Feb 02, 2024	lowry robert t	acquired	22,769	24.3	937	executive vice president
Dec 04, 2023	bochnowski david a	bought	48,874	21.4832	2,275	-
Nov 27, 2023	bochnowski david a	bought	4,709	20.9331	225	-
May 15, 2023	torabi peymon	bought	2,636	26.36	100	executive vice president

Which funds bought or sold FNWD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	PL Capital Advisors, LLC	added	257	6,224,130	8,728,620	3.33%
Apr 25, 2024	Mesirow Financial Investment Management, Inc.	unchanged	-	262,139	262,408	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-640	24,600	-%
Apr 19, 2024	HORIZON BANCORP INC /IN/	unchanged	-	-	7,000	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	added	5.56	-	-	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-50.73	-452,531	580,520	-%
Mar 11, 2024	VANGUARD GROUP INC	added	3.32	590,456	3,900,690	-%
Feb 14, 2024	RAFFLES ASSOCIATES LP	reduced	-0.37	82,736	689,582	0.87%
Feb 14, 2024	STATE STREET CORP	unchanged	-	52,144	352,325	-%

Are Funds Buying or Selling FNWD?

Are funds buying FNWD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FNWD

No. of Funds

Unveiling Finward Bancorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 21, 2024	pl capital advisors, llc	8.3%	354,822	SC 13D
Feb 14, 2024	fourthstone llc	9.96%	428,538	SC 13G/A

Recent SEC filings of Finward Bancorp

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	8-K	Current Report
Mar 29, 2024	ARS	ARS
Mar 29, 2024	DEF 14A	DEF 14A
Mar 28, 2024	10-K	Annual Report
Mar 26, 2024	8-K	Current Report
Mar 22, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading

Peers (Alternatives to Finward Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	550.4B	174.7B	-3.62%	40.95%	10.93	3.15	53.11%	19.83%
BAC	288.3B	127.4B	-1.15%	32.34%	11.52	2.26	44.27%	-12.56%
WFC	208.6B	85.8B	4.32%	56.01%	11.11	2.43	35.02%	26.14%
C	117.6B	133.3B	-2.05%	34.77%	12.75	0.88	79.09%	-
CFG	16.1B	10.2B	-0.14%	33.45%	9.98	1.57	44.53%	-22.43%
KEY	14.0B	8.1B	-2.62%	55.93%	16.03	1.72	32.15%	-50.93%
MID-CAP
CMA	6.9B	4.2B	-3.21%	45.81%	9.9	1.62	34.68%	-45.96%
ZION	6.3B	3.9B	0.71%	88.53%	9.31	1.6	45.91%	-25.03%
ABCB	3.4B	1.3B	3.97%	58.26%	12.49	2.62	43.24%	-22.35%
ASB	3.3B	1.8B	5.09%	36.86%	20.51	1.79	32.64%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	391.4M	152.4M	-5.49%	44.45%	39.37	2.57	16.94%	-73.84%
AROW	387.7M	162.6M	-2.25%	14.75%	12.89	2.38	25.39%	-38.37%
ACNB	284.2M	96.6M	-5.09%	17.23%	8.97	2.94	11.02%	-11.37%
ASRV	42.0M	60.9M	2.51%	-13.74%	-12.56	0.69	24.06%	-144.92%

Finward Bancorp News

Latest updates

Finward Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.2%	22.00	22.00	22.00	20.00	20.00	19.00	18.00	16.00	13.00	13.00	12.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	12.00	11.00
EBITDA Margin	-10.6%	0.81*	0.91*	1.04*	1.16*	1.24*	1.30*	1.31*	1.31*	1.37*	1.34*	1.36*	1.38*	1.31*	-	-	-	-	-	-	-	-
Interest Expenses	-3.2%	13.00	13.00	14.00	15.00	17.00	18.00	17.00	16.00	12.00	12.00	12.00	12.00	12.00	12.00	11.00	11.00	11.00	11.00	11.00	11.00	10.00
Income Taxes	10.6%	-0.36	-0.40	0.00	0.00	0.00	1.00	1.00	0.00	0.00	0.00	0.00	1.00	0.00	1.00	1.00	1.00	0.00	0.00	1.00	0.00	0.00
Earnings Before Taxes	-35.6%	1.00	2.00	3.00	3.00	4.00	5.00	5.00	2.00	3.00	4.00	4.00	5.00	3.00	6.00	6.00	4.00	2.00	4.00	5.00	3.00	3.00
EBT Margin	-28.2%	0.09*	0.13*	0.18*	0.22*	0.23*	0.24*	0.25*	0.25*	0.32*	0.32*	0.36*	0.40*	0.36*	-	-	-	-	-	-	-	-
Net Income	-31.0%	2.00	2.00	2.00	2.00	4.00	5.00	4.00	2.00	3.00	4.00	4.00	5.00	3.00	5.00	5.00	3.00	2.00	4.00	4.00	2.00	3.00
Net Income Margin	-24.8%	0.10*	0.13*	0.16*	0.20*	0.21*	0.22*	0.23*	0.23*	0.30*	0.29*	0.32*	0.34*	0.31*	-	-	-	-	-	-	-	-
Free Cashflow	-69.9%	1.00	5.00	13.00	4.00	6.00	5.00	4.00	-0.50	-1.62	2.00	-2.84	16.00	-1.17	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.0%	2,108	2,087	2,161	2,099	2,070	2,053	2,101	2,098	1,621	1,610	534	1,557	1,496	1,481	1,474	1,350	1,329	1,330	1,309	1,268	1,096
Cash Equivalents	-	4.00	-	-	-	2.00	-	-	-	1.00	-	-	-	1.00	-	-	42.00	0.00	72.00	61.00	61.00	1.00
Net PPE	-1.0%	38.00	39.00	39.00	40.00	40.00	44.00	46.00	46.00	31.00	30.00	30.00	31.00	31.00	30.00	29.00	29.00	29.00	29.00	28.00	28.00	25.00
Goodwill	0%	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	8.00
Liabilities	-0.4%	1,961	1,968	2,024	1,959	1,934	1,935	1,965	1,940	1,464	1,457	1,448	1,407	1,345	1,332	1,329	1,209	1,195	1,197	1,181	1,145	995
Shareholder's Equity	23.8%	147	119	137	140	136	118	137	158	157	153	156	149	152	148	144	140	134	133	129	123	101
Retained Earnings	0.8%	129	128	128	126	132	129	126	123	122	120	117	116	111	110	106	102	100	99.00	96.00	94.00	92.00
Additional Paid-In Capital	0.1%	70.00	69.00	69.00	69.00	69.00	69.00	69.00	68.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	29.00	12.00
Shares Outstanding	0.0%	4.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	-	-	-	-	-	-	-	-
Float	-	-	-	134	-	-	-	134	-	-	-	128	-	-	-	92.00	-	-	-	127	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-64.8%	1,839	5,225	13,196	3,951	6,094	5,746	5,168	722	484	2,912	-2,747	16,394	480	8,359	1,533	9,364	87.00	5,229	4,225	1,416	8,248
Share Based Compensation	-25.5%	73.00	98.00	241	307	206	203	163	169	146	143	139	146	106	107	108	94.00	68.00	79.00	83.00	71.00	50.00
Cashflow From Investing	29.9%	14,658	11,285	-7,947	-2,975	-11,191	-14,773	-2,326	27,159	-16,727	-49,247	-32,380	-27,577	-74,363	-25,063	-63,464	-22,170	-20,363	-11,038	-34,187	37,414	-20,799
Cashflow From Financing	96.5%	-2,137	-60,535	55,643	22,523	-1,917	-31,979	21,959	-6,556	17,654	9,475	35,743	59,270	9,358	3,846	117,090	7,694	-4,408	16,579	30,370	4,795	15,726
Dividend Payments	0.2%	1,335	1,333	1,334	1,333	1,333	1,332	1,331	1,079	1,084	1,074	1,078	1,074	1,074	1,077	1,070	1,070	1,071	1,070	1,035	909	909

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FNWD Income Statement

2023-12-31

Consolidated Statements of Income - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Interest income:

Loans receivable

$ 74,762

$ 62,133

Securities

9,118

9,576

Other interest earning assets

1,903

326

Total interest income

85,783

72,035

Interest expense:

Deposits

25,438

3,604

Repurchase agreements

1,294

195

Borrowed funds

4,496

1,087

Total interest expense

31,228

4,886

Net interest income

54,555

67,149

Provision for credit losses

^[1]

2,025

Net interest income after provision for credit losses

52,530

67,149

Noninterest income:

Fees and service charges

6,024

6,257

Wealth management operations

2,484

2,113

Gain on sale of loans held-for-sale, net

1,081

1,368

Gain (loss) on sale of securities, net

(48)

662

Increase in cash value of bank owned life insurance

766

810

Gain (loss) on sale of foreclosed real estate

(13)

Other

452

283

Total noninterest income

10,746

11,509

Noninterest expense:

Compensation and benefits

27,655

28,990

Occupancy and equipment

6,557

6,785

Data processing

4,734

6,750

Marketing

840

1,907

Impairment charge on assets held for sale

1,232

Federal deposit insurance premiums

2,003

1,228

Professional services

1,603

1,211

Net (gain) recognized on sale of premises and equipment

(276)

303

Other

12,115

13,694

Total noninterest expense

55,231

62,100

Income before income tax expenses

8,045

16,558

Income tax expenses (benefits)

(335)

1,478

Net income

$ 8,380

$ 15,080

Earnings per common share:

Basic (in dollars per share)

$ 1.96

$ 3.61

Diluted (in dollars per share)

1.96

3.6

Dividends declared per common share (in dollars per share)

$ 1.05

$ 1.24

[1]	See note 3 regarding adoption of ASC 326

FNWD Balance Sheet

2023-12-31

Consolidated Balance Sheet - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

ASSETS

Cash and non-interest bearing deposits in other financial institutions

$ 17,942

$ 19,965

Interest bearing deposits in other financial institutions

67,647

11,210

Federal funds sold

419

107

Total cash and cash equivalents

86,008

31,282

Certificates of deposit in other financial institutions

2,456

Securities available-for-sale

371,374

370,896

Loans held-for-sale

340

1,543

Loans receivable, net of deferred fees and costs

1,512,595

1,513,631

Less: Allowance for credit losses

^[1]

(18,768)

(12,897)

Net loans receivable

1,493,827

1,500,734

Federal Home Loan Bank stock

6,547

Accrued interest receivable

8,045

7,421

Premises and equipment

38,436

40,212

Foreclosed real estate

Cash value of bank owned life insurance

32,702

31,936

Goodwill

22,395

Other intangible assets

3,272

4,794

Other assets

45,262

50,123

Total assets

2,108,279

2,070,339

Deposits:

Non-interest bearing

295,594

359,092

Interest bearing

1,517,827

1,415,925

Total

1,813,421

1,775,017

Repurchase agreements

38,124

15,503

Borrowed funds

80,000

120,000

Accrued expenses and other liabilities

29,389

23,426

Total liabilities

1,960,934

1,933,946

Commitments and contingencies

Stockholders' Equity:

Preferred stock, no par or stated value; 10,000,000 shares authorized, none outstanding

Common stock, no par or stated value; 10,000,000 shares authorized; shares issued and outstanding: December 31, 2023 - 4,298,773 December 31, 2022 - 4,298,401

Additional paid-in capital

69,555

69,032

Accumulated other comprehensive loss

(51,613)

(64,300)

Retained earnings

129,403

131,661

Total stockholders' equity

147,345

136,393

Total liabilities and stockholders' equity

$ 2,108,279

$ 2,070,339

[1]	See note 3 regarding adoption of ASC 326

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 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, 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. The company was formerly known as NorthWest Indiana Bancorp and changed its name to Finward Bancorp in May 2021. Finward Bancorp was founded in 1916 and is headquartered in Munster, Indiana.

CEO	Mr. Benjamin J. Bochnowski
WEBSITE	ibankpeoples.com
INDUSTRY	Banks Diversified
EMPLOYEES	281

Finward Bancorp Frequently Asked Questions

What is the ticker symbol for Finward Bancorp? What does FNWD stand for in stocks?

FNWD is the stock ticker symbol of Finward Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Finward Bancorp (FNWD)?

As of Thu May 02 2024, market cap of Finward Bancorp is 105.5 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FNWD stock?

You can check FNWD's fair value in chart for subscribers.

What is the fair value of FNWD stock?

You can check FNWD's fair value in chart for subscribers. The fair value of Finward Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Finward Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FNWD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Finward Bancorp a good stock to buy?

The fair value guage provides a quick view whether FNWD is over valued or under valued. Whether Finward Bancorp is cheap or expensive depends on the assumptions which impact Finward Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FNWD.

What is Finward Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, FNWD's PE ratio (Price to Earnings) is 12.59 and Price to Sales (PS) ratio is 1.23. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FNWD PE ratio will change depending on the future growth rate expectations of investors.