Finward Bancorp (FNWD) Stock Price, News & Analysis

Company Overview

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, custodial services, guardianships, IRA 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.

Key Stats

• Today's Range: $30.85 to $31.08
• 50-Day Range: $28.03 to $32.40
• 52-Week Range: $20.05 to $33.50
• Volume: 441 shs
• Average Volume: 5,881 shs
• Market Capitalization: $133.95 million
• P/E Ratio: 11.55
• Dividend Yield: 1.54%
• Price Target: $31.00
• Consensus Rating: Buy

Finward Bancorp Stock Analysis - MarketRank™

Finward Bancorp scored higher than 75% of companies evaluated by MarketBeat, and ranked 432nd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Finward Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Finward Bancorp has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 1,150.00%

Earnings Growth

Earnings for Finward Bancorp are expected to grow by 1,150.00% in the coming year, from $0.08 to $1.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Finward Bancorp is 11.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Finward Bancorp is 11.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.55.

Price to Book Value per Share Ratio

Finward Bancorp has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.10% of the float of Finward Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Finward Bancorp has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Finward Bancorp has recently increased by 8.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Finward Bancorp pays a meaningful dividend of 1.54%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Finward Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Finward Bancorp is 17.84%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Finward Bancorp will have a dividend payout ratio of 48.00% next year. This indicates that Finward Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.10% of the float of Finward Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Finward Bancorp has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Finward Bancorp has recently increased by 8.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.97

News Sentiment

Finward Bancorp has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Finward Bancorp this week, compared to 0 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Finward Bancorp insiders have bought 13,694.74% more of their company's stock than they have sold. Specifically, they have bought $7,863.00 in company stock and sold $57.00 in company stock.

Percentage Held by Insiders

13.70% of the stock of Finward Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 26.59% of the stock of Finward Bancorp is held by institutions.

FNWD Stock Analysis - Frequently Asked Questions

How have FNWD shares performed this year?

Finward Bancorp's stock was trading at $25.24 on January 1st, 2024. Since then, FNWD stock has increased by 23.4% and is now trading at $31.15.
View the best growth stocks for 2024 here.

How were Finward Bancorp's earnings last quarter?

Finward Bancorp (NASDAQ:FNWD) announced its earnings results on Tuesday, October, 29th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.04. The business had revenue of $14.87 million for the quarter. Finward Bancorp had a net margin of 10.44% and a trailing twelve-month return on equity of 7.60%.

Who are Finward Bancorp's major shareholders?

Top institutional shareholders of Finward Bancorp include Fourthstone LLC (3.19%) and Geode Capital Management LLC (0.90%). Insiders that own company stock include David A Bochnowski, Robert T Lowry, Todd M Scheub, Benjamin Louis Schmitt, Benjamin J Bochnowski and Kenneth V Krupinski.
View institutional ownership trends.

How do I buy shares of Finward Bancorp?

Shares of FNWD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Finward Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Finward Bancorp investors own include Adverum Biotechnologies (ADVM), APi Group (APG), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Boot Barn (BOOT), G1 Therapeutics (GTHX) and Howard Hughes (HHH).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/18/2024
• Last Earnings: 10/29/2024
• Dividend Payable: 10/31/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Federal savings institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FNWD
• CUSIP: N/A
• CIK: 919864
• Web: www.ibankpeoples.com
• Phone: (219) 836-4400
• Fax: N/A
• Employees: 276
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.00
• High Stock Price Target: $31.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: -0.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.69
• Trailing P/E Ratio: 11.55
• Forward P/E Ratio: 388.50
• P/E Growth: N/A
• Net Income: $8.38 million
• Net Margins: 10.44%
• Pretax Margin: 10.81%
• Return on Equity: 7.60%
• Return on Assets: 0.55%

Debt

• Debt-to-Equity Ratio: 0.53
• Current Ratio: 0.86
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $96.53 million
• Price / Sales: 1.39
• Cash Flow: $3.61 per share
• Price / Cash Flow: 8.62
• Book Value: $36.99 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 4,310,000
• Free Float: 3,723,000
• Market Cap: $133.95 million
• Optionable: Not Optionable
• Beta: 0.53