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Finward Bancorp (FNWD)

Finward Bancorp is a bank holding company listed on NASDAQ under the symbol FNWD. Through Peoples Bank, it provides a range of banking and related financial services, including deposit accounts, residential and commercial lending, consumer credit, municipal lending, and home equity products. The company also supports wealth and estate-related needs with retirement planning, trust and fiduciary services, investment agency accounts, insurance and annuity products, and administration of various retirement arrangements. In addition, it holds securities and real estate assets. Founded in 1916 and based in Munster, Indiana, the company was previously known as NorthWest Indiana Bancorp before adopting its current name in 1994.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Technical Outlook FAQ

Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-FNWD
$44.94
23.1% Upside
Undervalued
$39.50
8.2% Upside
Fair
Fair
—
—
0.48
1.3%
July 29, 2026
16.0x
0.9x
2.3x
158.6 M
—
40.7%
78.1%
-1.8
15.8%
167.5%
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Valuation • Fair Value

Finward Bancorp (NASDAQ-FNWD) Fair Value by Valuation Model

Compare the primary fair value estimate for Finward Bancorp (NASDAQ-FNWD) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$44.94

Estimated upside of 23.1% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

NM

Discounted cash flow valuation reference.

Ben Graham Formula Value

$25.30

Classic Ben Graham valuation formula reference.

DDM Fair Value

$61.95

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$33.60

Comparable-company valuation reference.

Analyst Price Target

$39.50

Analysts imply upside of 8.2%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Finward Bancorp (NASDAQ-FNWD) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Finward Bancorp (NASDAQ-FNWD)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

68.591 M

Current operating scale indicator.

Revenue Forecast

76.5 M

Forward revenue estimate.

EBITDA

0 K

Current operating profitability reference.

EBITDA Forecast

Not available

Data is currently unavailable.

How to read profitability and growth

This section helps investors review Finward Bancorp (NASDAQ-FNWD) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Finward Bancorp (NASDAQ-FNWD)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

6

Mid-range quality score.

Beneish M-Score

NM

Forensic accounting screen.

Altman Z-Score

-1.8

Lower score that deserves closer risk review.

FCF / Net Income

167.5%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Finward Bancorp (NASDAQ-FNWD). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Finward Bancorp (NASDAQ-FNWD)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

July 29, 2026

Days to Earnings

8

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

1.3%

Income yield reference.

Upcoming Dividend

0.48

Upcoming distribution amount.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

15.8%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Finward Bancorp (NASDAQ-FNWD), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Finward Bancorp (NASDAQ-FNWD) Stock Forecast & Technical Outlook

Review Finward Bancorp (NASDAQ-FNWD) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Finward Bancorp (NASDAQ-FNWD) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Finward Bancorp (NASDAQ-FNWD) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Finward Bancorp (NASDAQ-FNWD) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for Finward Bancorp (NASDAQ-FNWD) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Finward Bancorp (NASDAQ-FNWD) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Finward Bancorp (NASDAQ-FNWD)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Buy

Based on the available recommendation mix, Finward Bancorp (NASDAQ-FNWD) has a Buy consensus, with 1 buy, 1 hold and 0 sell recommendations in the current data set.

Buy 1
Hold 1
Sell 0
FAQ • Fast Investor Answers

Finward Bancorp (NASDAQ-FNWD) Stock FAQ

Quick answers about Finward Bancorp (NASDAQ-FNWD) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$44.94
Estimated upside 23.1%
Valuation Rating
Undervalued
Estimated upside of 23.1%
Analyst Target
$39.50
Implied upside 8.2%
Financial Health
Fair
Current financial-health read

The current fair value estimate for Finward Bancorp (NASDAQ-FNWD) is $44.94. This implies an estimated upside of 23.1% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 23.1% versus the current market price.

The available analyst price target for Finward Bancorp (NASDAQ-FNWD) is $39.50. The analyst target implies estimated upside of 8.2%.

The current financial health read for Finward Bancorp (NASDAQ-FNWD) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Finward Bancorp (NASDAQ-FNWD) is July 29, 2026.

Based on the current data, dividend yield is 1.3%, upcoming dividend amount is 0.48.

The current P/E ratio listed for Finward Bancorp (NASDAQ-FNWD) is 16.0x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Finward Bancorp is 158.6 M.

The ticker symbol for Finward Bancorp is NASDAQ-FNWD, and the stock is listed on NASDAQ.

Finward Bancorp (NASDAQ-FNWD) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Finward Bancorp is 40.7%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Finward Bancorp is 78.1%. Free float helps investors understand how much of the share base is available for public trading.

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