FNWD

Finward Bancorp
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$192.30M
P/E Ratio
19.30
EPS
$2.30
Beta
0.20
52W High
$45.00
52W Low
$26.75
50-Day MA
$35.37
200-Day MA
$35.50
Dividend Yield
0.00%
Profit Margin
14.40%
Forward P/E
12.45
PEG Ratio
1.72

About Finward Bancorp

Finward Bancorp is the Peoples Bank holding company offering a variety of banking products and services. The company is headquartered in Munster, Indiana.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$68.59M
Gross Profit (TTM)$68.59M
EBITDA
Operating Margin17.50%
Return on Equity6.09%
Return on Assets0.49%
Revenue/Share (TTM)$16.05
Book Value$39.81
Price-to-Book1.11
Price-to-Sales (TTM)2.80
EV/Revenue3.559
EV/EBITDA
Quarterly Earnings Growth (YoY)387.70%
Quarterly Revenue Growth (YoY)15.50%
Shares Outstanding$4.33M
Float$3.38M
% Insiders21.81%
% Institutions49.23%

Historical Volatility

HV 10-Day
103.42%
HV 20-Day
74.53%
HV 30-Day
62.85%
HV 60-Day
49.13%
HV Rank
98.8%

Volatility is currently expanding

Analyst Ratings

Consensus ($38.00 target)
1
Buy
1
Hold

Latest News

Finward Bancorp Announces Second Quarter 2026 Results

MUNSTER, Ind.--(BUSINESS WIRE)--Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $2.1 million, or $0.48 per diluted share, for the quarter ended June 30, 2026, as compared to $2.2 million, or $0.52 per diluted share, for the quarter ended March 31, 2026. Selected performance metrics are as follows for the periods presented: Performance Ratios                     Quarter ended  .

Business Wire7/28/2026Neutral
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Finward Bancorp (FNWD)

Bala Cynwyd, Pennsylvania--(Newsfile Corp. - July 23, 2026) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Finward Bancorp ("Finward" or the "Company") (NASDAQ: FNWD) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to First Financial Bancorp. (NASDAQ: FFBC) in an all-stock transaction where each outstanding share of Finward common stock will be converted into the right to receive 1.35 shares of First Financial common stock, valuing the transaction at approximately $208 million, based on First Financial's closing stock price on July 20, 2026.

Newsfile Corp7/23/2026Neutral
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Finward Bancorp (NASDAQ: FNWD)

NEW YORK, July 22, 2026 /PRNewswire/ -- Class Action Attorney Juan Monteverde  with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Finward Bancorp (NASDAQ: FNWD ) related to its sale to First Financial Bancorp.

PRNewsWire7/22/2026Neutral
Shareholder Alert: Ademi LLP investigates whether Finward Bancorp is obtaining a Fair Price for Public Shareholders

MILWAUKEE, July 22, 2026 /PRNewswire/ -- (PRNewswire) Ademi LLP is investigating Finward (Nasdaq: FNWD) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with First Financial Bancorp. Click here  to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995.

PRNewsWire7/22/2026Neutral
First Financial Bancorp Announces Second Quarter 2026 Financial Results, Quarterly Dividend Increase & Acquisition of Finward Bancorp

Earnings per diluted share of $0.73; $0.80 on an adjusted(1) basis is highest in Company history  Return on average assets of 1.37%; 1.50% on an adjusted(1) basis  Net interest margin on FTE basis(1) of 3.98%  Loan growth of $240 million, or 7.1% on an annualized basis  Net charge-offs 0.20% of total loans  ROTCE of 18.0%; 19.7% on adjusted(1) basis  Board of Directors approved quarterly dividend increase to $0.26 to be paid in 3Q26  Agreement to acquire Finward Bancorp, the holding company for Peoples Bank, in all stock transaction  CINCINNATI, July 21, 2026 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the three and six months ended June 30, 2026, as well as the pending acquisition of Finward Bancorp ("Finward").

PRNewsWire7/21/2026Neutral
Finward Bancorp Announces First Quarter 2026 Results

MUNSTER, Ind.--(BUSINESS WIRE)--Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $2.2 million, or $0.52 per diluted share, for the quarter ended March 31, 2026, as compared to $2.0 million, or $0.46 per diluted share, for the quarter ended December 31, 2025. Selected performance metrics are as follows for the periods presented: Performance Ratios                     Quarter end.

Business Wire4/28/2026Neutral

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Data last updated: 7/29/2026