Finward Bancorp Management
Management criteria checks 4/4
Finward Bancorp's CEO is Ben Bochnowski, appointed in Apr 2016, has a tenure of 8.75 years. total yearly compensation is $468.54K, comprised of 94.8% salary and 5.2% bonuses, including company stock and options. directly owns 0.71% of the company’s shares, worth $816.95K. The average tenure of the management team and the board of directors is 4 years and 10.8 years respectively.
Key information
Ben Bochnowski
Chief executive officer
US$468.5k
Total compensation
| CEO salary percentage | 94.8% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.7% |
| Management average tenure | 4yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
Finward Bancorp (NASDAQ:FNWD) Is Due To Pay A Dividend Of $0.12
Dec 26
This Analyst Just Made A Massive Upgrade To Their Finward Bancorp (NASDAQ:FNWD) Earnings Forecasts
Feb 04Finward Bancorp (NASDAQ:FNWD) Has Affirmed Its Dividend Of $0.31
Aug 26Finward Bancorp (NASDAQ:FNWD) Is Due To Pay A Dividend Of $0.31
Jun 03Finward Bancorp (NASDAQ:FNWD) Has Affirmed Its Dividend Of $0.31
Mar 03Finward Bancorp (NASDAQ:FNWD) Has Announced A Dividend Of $0.31
Sep 02Finward Bancorp declares $0.31 dividend
Aug 29Finward Bancorp GAAP EPS of $1.03 misses by $0.16, revenue of $20.19M misses by $1.06M
Jul 27Finward Bancorp's (NASDAQ:FNWD) Dividend Will Be US$0.31
May 26Finward Bancorp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 30Finward Bancorp (NASDAQ:FNWD) Is Due To Pay A Dividend Of US$0.31
Mar 08Finward Bancorp (NASDAQ:FNWD) Has Announced A Dividend Of US$0.31
Dec 10Finward Bancorp (NASDAQ:FNWD) Has Affirmed Its Dividend Of US$0.31
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$12m |
| Jun 30 2024 | n/a | n/a | US$13m |
| Mar 31 2024 | n/a | n/a | US$15m |
| Dec 31 2023 | US$469k | US$444k | US$8m |
| Sep 30 2023 | n/a | n/a | US$11m |
| Jun 30 2023 | n/a | n/a | US$13m |
| Mar 31 2023 | n/a | n/a | US$15m |
| Dec 31 2022 | US$551k | US$398k | US$15m |
| Sep 30 2022 | n/a | n/a | US$14m |
| Jun 30 2022 | n/a | n/a | US$13m |
| Mar 31 2022 | n/a | n/a | US$13m |
| Dec 31 2021 | US$650k | US$387k | US$15m |
| Sep 30 2021 | n/a | n/a | US$15m |
| Jun 30 2021 | n/a | n/a | US$16m |
| Mar 31 2021 | n/a | n/a | US$17m |
| Dec 31 2020 | US$572k | US$355k | US$16m |
| Sep 30 2020 | n/a | n/a | US$15m |
| Jun 30 2020 | n/a | n/a | US$14m |
| Mar 31 2020 | n/a | n/a | US$13m |
| Dec 31 2019 | US$565k | US$345k | US$12m |
| Sep 30 2019 | n/a | n/a | US$12m |
| Jun 30 2019 | n/a | n/a | US$11m |
| Mar 31 2019 | n/a | n/a | US$9m |
| Dec 31 2018 | US$451k | US$320k | US$9m |
Compensation vs Market: Ben's total compensation ($USD468.54K) is about average for companies of similar size in the US market ($USD643.82K).
Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.
CEO
Ben Bochnowski (43 yo)
8.8yrs
Tenure
US$468,536
Compensation
Mr. Benjamin J. Bochnowski, also known as Ben, served as Executive Chairman at Finward Bancorp (formerly known as NorthWest Indiana Bancorp) since June 30, 2023 until February 15, 2024, has been its Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.8yrs | US$468.54k | 0.71% $ 817.0k | |
| President & Chief Banking Officer | no data | US$316.71k | 0.47% $ 540.6k | |
| Executive VP & COO | 4yrs | US$318.54k | 0.68% $ 783.0k | |
| Executive VP | less than a year | no data | 0.081% $ 93.6k | |
| Senior VP | 1.6yrs | no data | no data | |
| Executive Advisor | no data | US$258.91k | no data |
4.0yrs
Average Tenure
56yo
Average Age
Experienced Management: FNWD's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.8yrs | US$468.54k | 0.71% $ 817.0k | |
| Independent Chairman | 25yrs | US$42.75k | 1.19% $ 1.4m | |
| Director Emeritus | no data | US$22.75k | no data | |
| Independent Director | 26yrs | US$56.83k | 0.20% $ 234.5k | |
| Vice Chairman of the Board & Lead Independent Director | 21yrs | US$74.20k | 0.11% $ 129.6k | |
| Director | less than a year | no data | no data | |
| Independent Director | 16.9yrs | US$40.75k | 0.18% $ 207.2k | |
| Director | less than a year | no data | no data | |
| Independent Director | 11.5yrs | US$42.75k | 0.15% $ 174.1k | |
| Independent Director | 8.3yrs | US$40.75k | 0.067% $ 77.7k | |
| Director | less than a year | no data | 0.023% $ 26.8k | |
| Independent Director | 2.9yrs | US$39.75k | 0.59% $ 677.9k |
10.8yrs
Average Tenure
61yo
Average Age
Experienced Board: FNWD's board of directors are seasoned and experienced ( 10.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 00:15 |
| End of Day Share Price | 2025/01/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Finward Bancorp is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Gerlinger | Hovde Group, LLC |
| Brendan Nosal | Hovde Group, LLC |
| Terence McEvoy | Stephens, Inc. |