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FNWD stock logo

FNWD

Finward Bancorp

$35.04
-0.76
 (-2.12%)
[ms_data_label text=’Delayed data’]
Exchange:  NASDAQ
Market Cap:  151.74M
Shares Outstanding:  3.462M
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Banks – Regional
   
CEO:  Benjamin J. Bochnowski
Full Time Employees:  293
Address: 
9204 Columbia Avenue
Munster
IN
46321
US
Website:  https://www.ibankpeoples.com
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.

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Revenue Segmentation

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EPS

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Earnings Call

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue96,529111,825101,060.999
Gross Profit63,27671,59766,245.999
EBITDA15,20820,7468,109.999
Operating Income8,04513,4558,109.999
Net Income8,38012,1308,087

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets2,108,2792,060,6992,021,181
Total Liabilities1,960,9341,909,2851,846,518
Total Stockholders Equity147,345151,414174,663
Total Debt118,124105,11684,703
Cash and Cash Equivalents85,58969,93018,265

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Cash Flow Statement

Year202320242025
Operating Cash Flow24,2119,8059,901
Capital Expenditure-1,148-3,074-853
Free Cash Flow23,0636,7317,648
Net Income8,38012,1308,087
Net Change in Cash54,726-15,42449,063

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2027Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)81,300Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)81,300Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)81,300Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)16,378.606Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)16,378.606Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)16,378.606Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)13,369.763Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)13,369.763Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)13,369.763Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)28,266.047Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)28,266.047Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)28,266.047Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)3.120Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)3.120Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)3.120Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)1Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)1Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
111.825M  ?P/S
 (TTM)
: 
1.49
?Net Income
 (TTM)
: 
12.13M  ?P/E
 (TTM)
: 
18.38
?Enterprise Value
 (TTM)
: 
217.052M  ?EV/FCF
 (TTM)
: 
25.11
?Dividend Yield
 (TTM)
: 
0.01  ?Payout Ratio
 (TTM)
: 
0.19
?ROE
 (TTM)
: 
0.05  ?ROIC
 (TTM)
: 
0.01
?Net Debt
 (TTM)
: 
34.532M  ?Debt/Equity
 (TTM)
: 
0.48
?P/B
 (TTM)
: 
0.85  ?Current Ratio
 (TTM)
: 
1.77

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
13.12Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.


Calculate FNWD Intrinsic Value

Common questions about FNWD valuation

Is Finward Bancorp (FNWD) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Finward Bancorp (FNWD) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is FNWD a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether FNWD trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is FNWD’s P/E ratio?

You can see FNWD’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for FNWD?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is FNWD a good long-term investment?

Whether FNWD fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

FNWD

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

[ms_data_label text="Daily snapshot"]

-2.12
MARKETSnap

Trading Metrics:

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Open: [ms_cell_or_dash table='trading_quote' column='open']   Previous Close: [ms_cell_or_dash table='trading_quote' column='previousClose']
Day Low: [ms_cell_or_dash table='trading_quote' column='dayLow']   Day High: [ms_cell_or_dash table='trading_quote' column='dayHigh']
Year Low: 26.46   Year High: 39.99
Price Avg 50: 36.97   Price Avg 200: 33.57
Volume: 11142   Average Volume: 7877

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Could not create stock discussion for FNWD

Relevant news

Contrasting Finward Bancorp (NASDAQ:FNWD) and WisdomTree (NYSE:WT)
13-04-2026 02:18
Contrasting Finward Bancorp (NASDAQ:FNWD) and WisdomTree (NYSE:WT)
Finward Bancorp (FNWD) Projected to Post Earnings on Tuesday
20-01-2026 02:42
Finward Bancorp (FNWD) Projected to Post Earnings on Tuesday

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