Finward Bancorp
FNWD
Market cap $134M

31.15 USD

-0.25

0.80%

At close Nov 18, 4:00 PM EST

1 day

-0.80%

5 days

1.14%

1 month

0.97%

3 months

13.85%

6 months

25.66%

Year to date

24.10%

1 year

48.05%

5 years

-33.37%

10 years

-33.37%

About: Finward Bancorp is a bank holding company, which engages in the provision of financial services. It offers products and services related to Personal Banking, Cash Management, Saving Account, ebanking, Wealth Management, and Insurance Services. It is engaged in the business of attracting deposits from the general public and the origination of loans, mostly upon the security of single-family residences and commercial real estate, construction loans, commercial business loans, and municipal loans. Geographically, the activities are carried out through the United States.

Employees: 304

Financials Savings Institution, Federally Chartered

0

Funds holding %

of 6,735 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

34% more capital invested

Capital invested by funds: $32M [Q2] → $42.9M (+$11M) [Q3]

15% more funds holding

Funds holding: 27 [Q2] → 31 (+4) [Q3]

0.89% more ownership

Funds ownership: 30.24% [Q2] → 31.13% (+0.89%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 6

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$31

0%

upside

Avg. target

$31

0%

upside

High target

$31

0%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Hovde Group

0%downside

$31

Outperform

Upgraded

6 Sept 2024

See Analyst Rankings

Financial journalist opinion

Finward Bancorp Announces Earnings for the Quarter and Nine Months Ended September 30, 2024

MUNSTER, Ind., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $10.0 million, or $2.35 per diluted share, for the nine months ended September 30, 2024, as compared to $6.9 million, or $1.60 per diluted share, for the corresponding prior year period. For the quarter ended September 30, 2024, the Bancorp's net income totaled $606 thousand, or $0.14 per diluted share, as compared to $143 thousand, or $0.03 per diluted share, for the three months ended June 30, 2024, and as compared to $2.2 million, or $0.51 per diluted share, for the three months ended September 30, 2023. Selected performance metrics are as follows for the periods presented:

Finward Bancorp Announces Earnings for the Quarter and Nine Months Ended September 30, 2024

FINWARD BANCORP ANNOUNCES THIRD QUARTER DIVIDEND

MUNSTER, Ind., Oct. 11, 2024 (GLOBE NEWSWIRE) -- – Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank (the “Bank”), today announced that on September 20, 2024 the Board of Directors of Finward declared a dividend of $0.12 per share on Finward's common stock payable on October 31, 2024 to shareholders of record at the close of business on October 18, 2024.

FINWARD BANCORP ANNOUNCES THIRD QUARTER DIVIDEND

Zacks Investment Research

Recent Price Trend in Finward Bancorp (FNWD) is Your Friend, Here's Why

Finward Bancorp (FNWD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Recent Price Trend in Finward Bancorp (FNWD) is Your Friend, Here's Why

Zacks Investment Research

Finward Bancorp (FNWD) Is a Great Choice for 'Trend' Investors, Here's Why

Finward Bancorp (FNWD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Finward Bancorp (FNWD) Is a Great Choice for 'Trend' Investors, Here's Why

FINWARD BANCORP ANNOUNCES THE APPOINTMENT OF THREE NEW DIRECTORS

MUNSTER, Ind., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank, an Indiana state-chartered commercial bank (the “Bank”), today announced that the Boards of the Bancorp and the Bank have appointed Martin P. Alwin, Jennifer R. Evans, and Carolyn M. Burke to serve as directors of the Bancorp and the Bank, effective as of September 9, 2024. Mr. Alwin, Ms. Evans, and Ms. Burke each have a wealth of experience in the financial institutions industry, including in the areas of balance sheet management, enterprise risk management, legal and regulatory compliance, strategic initiatives, and finance. Mr. Alwin and Ms. Burke will serve on the Audit Committee of the Boards of the Bancorp and the Bank, and Ms. Evans will serve on the Risk Management and Compliance Committee.

FINWARD BANCORP ANNOUNCES THE APPOINTMENT OF THREE NEW DIRECTORS

Zacks Investment Research

Here's Why Momentum in Finward Bancorp (FNWD) Should Keep going

If you are looking for stocks that are well positioned to maintain their recent uptrend, Finward Bancorp (FNWD) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in Finward Bancorp (FNWD) Should Keep going

Correcting and Replacing – Finward Bancorp Announces Earnings for the Quarter Ended June 30, 2024

MUNSTER, Ind., July 30, 2024 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced corrections to its press release issued on July 24, 2024. Specifically, the following press release (i) corrects the “Performance Ratios” table set forth in the rear portion of the original press release to include line items for return on equity, return on assets, tax adjusted net interest margin, noninterest income / average assets, noninterest expense / average assets, and efficiency ratio which were inadvertently not included in the version of the original press release issued through the Bancorp's press release distribution service, and corrects the amounts disclosed in the line items in the table for basic earnings per share (from $0.03 to $2.21), diluted earnings per share ($0.03 to $2.21), and price to earnings per share ratio (from 730.40 to 5.54) under the column for the six months ended June 30, 2024 which were inadvertently included from a prior interim version of the press release; (ii) corrects calculations in the “Performance Ratios” and “Capital Adequacy Bank” tables for the line items common equity tier 1 capital to risk-weighted assets (from 11.23% to 10.94%), tier 1 capital to risk-weighted assets (from 11.23% to 10.94%), and total capital to risk-weighted assets (from 12.27% to 11.95%); (iii) corrects the “Balance Sheet” table set forth in the rear portion of the Original Earnings Release to include figures in the line item for Federal funds sold for the periods ended June 30, 2024, March 31, 2024, and December 31, 2023 which were inadvertently not included in the version of the original press release issued through the Bancorp's press release distribution service; and (iv) corrects the amount listed in the “Securities Portfolio” paragraph for securities yield for the three months ended (from 2.39% to 2.37%). The complete, corrected press release reads as follows:

Correcting and Replacing – Finward Bancorp Announces Earnings for the Quarter Ended June 30, 2024

Finward Bancorp Announces Earnings for the Quarter and Six Months Ended June 30, 2024

MUNSTER, Ind., July 24, 2024 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $9.4 million, or $2.21 per diluted share, for the six months ended June 30, 2024, as compared to $4.7 million, or $1.10 per diluted share, for the corresponding prior year period. For the quarter ended June 30, 2024, the Bancorp's net income totaled $143 thousand, or $0.03 per diluted share, as compared to $2.4 million, or $0.57 per diluted share, for the three months ended June 30, 2023. Selected performance metrics are as follows for the periods presented:

Finward Bancorp Announces Earnings for the Quarter and Six Months Ended June 30, 2024

FINWARD BANCORP ANNOUNCES SECOND QUARTER DIVIDEND

MUNSTER, Ind., June 26, 2024 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank (the “Bank”), today announced that on June 21, 2024 the Board of Directors of Finward declared a dividend of $0.12 per share on Finward's common stock payable on August 1, 2024 to shareholders of record at the close of business on July 19, 2024.

FINWARD BANCORP ANNOUNCES SECOND QUARTER DIVIDEND

Finward Bancorp Announces Earnings for the Quarter Ended March 31, 2024

MUNSTER, Ind., April 24, 2024 (GLOBE NEWSWIRE) -- Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $9.3 million, or $2.17 per diluted share, for the quarter ended March 31, 2024, as compared to $2.2 million, or $0.51 per diluted share, for the corresponding prior year period. Increases to our profitability results and performance ratio increases reported for quarter ended March 31, 2024 were primarily attributable to the pre-tax non-interest income gain of approximately $11.8 million from the previously-announced sale-leaseback transaction completed on February 22, 2024. Selected performance metrics are as follows for the periods presented:

Finward Bancorp Announces Earnings for the Quarter Ended March 31, 2024

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