FNWD Stock Overview
Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services.
Finward Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$38.00|
|52 Week High||US$50.00|
|52 Week Low||US$37.16|
|1 Month Change||-16.30%|
|3 Month Change||-20.88%|
|1 Year Change||-13.14%|
|3 Year Change||-13.64%|
|5 Year Change||-6.17%|
|Change since IPO||85.37%|
Recent News & Updates
Finward Bancorp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
It's shaping up to be a tough period for Finward Bancorp ( NASDAQ:FNWD ), which a week ago released some disappointing...
|FNWD||US Banks||US Market|
Return vs Industry: FNWD exceeded the US Banks industry which returned -19.6% over the past year.
Return vs Market: FNWD underperformed the US Market which returned -10.4% over the past year.
|FNWD Average Weekly Movement||4.0%|
|Banks Industry Average Movement||3.9%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: FNWD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FNWD's weekly volatility (4%) has been stable over the past year.
About the Company
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.
Finward Bancorp Fundamentals Summary
|FNWD fundamental statistics|
Is FNWD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FNWD income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.92|
|Net Profit Margin||19.05%|
How did FNWD perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is Finward Bancorp undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FNWD ($38) is trading below our estimate of fair value ($88.91)
Significantly Below Fair Value: FNWD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FNWD is poor value based on its PE Ratio (13x) compared to the US Banks industry average (9.7x).
PE vs Market: FNWD is good value based on its PE Ratio (13x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: FNWD is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: FNWD's PB Ratio (1x) is in line with the US Banks industry average.
How is Finward Bancorp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FNWD's forecast earnings growth (26.1% per year) is above the savings rate (1.9%).
Earnings vs Market: FNWD's earnings (26.1% per year) are forecast to grow faster than the US market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FNWD's revenue (15.1% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: FNWD's revenue (15.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FNWD's Return on Equity is forecast to be high in 3 years time
How has Finward Bancorp performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FNWD has high quality earnings.
Growing Profit Margin: FNWD's current net profit margins (19%) are lower than last year (29%).
Past Earnings Growth Analysis
Earnings Trend: FNWD's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: FNWD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FNWD had negative earnings growth (-30.6%) over the past year, making it difficult to compare to the Banks industry average (20.9%).
Return on Equity
High ROE: FNWD's Return on Equity (8%) is considered low.
How is Finward Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FNWD's Assets to Equity ratio (13.3x) is moderate.
Allowance for Bad Loans: FNWD has a sufficient allowance for bad loans (174%).
Low Risk Liabilities: 98% of FNWD's liabilities are made up of primarily low risk sources of funding.
Loan Level: FNWD has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: FNWD's Loans to Deposits ratio (75%) is appropriate.
Level of Bad Loans: FNWD has an appropriate level of bad loans (0.5%).
What is Finward Bancorp current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FNWD's dividend (3.26%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: FNWD's dividend (3.26%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: FNWD's dividends per share have been stable in the past 10 years.
Growing Dividend: FNWD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), FNWD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ben Bochnowski (40 yo)
Mr. Benjamin J. Bochnowski, also known as Ben, has been Chief Executive Officer of Finward Bancorp (formerly known as NorthWest Indiana Bancorp) since April 28, 2016, President since January 15, 2015 and D...
CEO Compensation Analysis
Compensation vs Market: Ben's total compensation ($USD694.16K) is below average for companies of similar size in the US market ($USD1.69M).
Compensation vs Earnings: Ben's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: FNWD's management team is considered experienced (3.1 years average tenure).
Experienced Board: FNWD's board of directors are seasoned and experienced ( 17.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FNWD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.5%.
Finward Bancorp's employee growth, exchange listings and data sources
- Name: Finward Bancorp
- Ticker: FNWD
- Exchange: NasdaqCM
- Founded: 1994
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$165.195m
- Shares outstanding: 4.29m
- Website: https://www.ibankpeoples.com
Number of Employees
- Finward Bancorp
- 9204 Columbia Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.