Finward Bancorp (FNWD)

Official site

FINANCIAL SERVICES • BANKS - REGIONAL • NASDAQ

$41.79

+0.65 (+1.58%)

Market Cap: $179.39M

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

47%(9/19)

Avg Surprise

+5.14%

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.72

Range$0.72 - $0.72

1 analysts

EPS Revisions

30d

EPS Estimate DriftChange to current

90d ago$0.74-3.4%

60d ago$0.75-4.0%

30d ago$0.75-4.0%

7d ago$0.73-2.0%

Current$0.72

Revenue Consensus

$19M

Range$19M - $19M

1 analysts

Period ending Dec 31, 2026

EPS Consensus$0.76

Range$0.76 - $0.76

1 analysts

Revenue Consensus

$19M

Range$19M - $19M

1 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.76	$0.76 - $0.76	-	-	1	-	-
Sep 30, 2026Sep 26EST	-	$0.72	$0.72 - $0.72	-	-	1	1 1 30d	-
Jun 30, 2026Jun 26 Reported Jul 28, 2026Reported Jul 28	$0.48	$0.62	$0.62 - $0.62	-22.58%	Miss	1	0 2 30d	-4.0%
Mar 31, 2026Mar 26 Reported Apr 28, 2026Reported Apr 28	$0.52	$0.54	$0.51 - $0.56	-3.70%	Miss	2	1 1 30d	+420.0%
Dec 31, 2025Dec 25 Reported Jan 27, 2026Reported Jan 27	$0.83	$0.61	$0.57 - $0.65	+36.07%	Beat	2	1 0 30d	+176.7%
Sep 30, 2025Sep 25 Reported Oct 28, 2025Reported Oct 28	$0.81	$0.40	$0.40 - $0.40	+102.50%	Beat	2	2 0 30d	+478.6%
Jun 30, 2025Jun 25 Reported Jul 29, 2025Reported Jul 29	$0.50	$0.26	$0.20 - $0.32	+92.31%	Beat	2	1 0 30d	+1566.7%
Mar 31, 2025Mar 25 Reported Apr 30, 2025Reported Apr 30	$0.10	$0.10	$0.04 - $0.15	+0.00%	Beat	2	1 1 30d	+143.5%
Dec 31, 2024Dec 24 Reported Mar 31, 2025Reported Mar 31	$0.30	$0.20	$0.16 - $0.23	+50.00%	Beat	2	0 1 30d	-14.3%
Sep 30, 2024Sep 24 Reported Oct 29, 2024Reported Oct 29	$0.14	$0.18	$0.16 - $0.20	-22.22%	Miss	2	1 0 30d	-72.5%
Jun 30, 2024Jun 24 Reported Jul 24, 2024Reported Jul 24	$0.03	N/A	-	+133.33%	Beat	1	1 0 30d	-94.8%
Mar 31, 2024Mar 24 Reported Apr 24, 2024Reported Apr 24	$-0.23	$0.42	$0.42 - $0.42	-154.76%	Miss	1	No revisions (30d)	-145.1%
Dec 31, 2023Dec 23 Reported Jan 30, 2024Reported Jan 30	$0.35	$0.46	$0.46 - $0.46	-23.91%	Miss	1	No revisions (30d)	-67.6%
Sep 30, 2023Sep 23 Reported Oct 25, 2023Reported Oct 25	$0.51	$0.51	$0.48 - $0.54	+0.00%	Beat	2	No revisions (30d)	-53.6%
Jun 30, 2023Jun 23 Reported Jul 26, 2023Reported Jul 26	$0.58	$0.56	$0.53 - $0.60	+3.57%	Beat	2	0 1 30d	-36.3%
Mar 31, 2023Mar 23 Reported Apr 26, 2023Reported Apr 26	$0.51	$0.84	$0.77 - $0.90	-39.29%	Miss	2	No revisions (30d)	-49.5%
Dec 31, 2022Dec 22 Reported Mar 30, 2023Reported Mar 30	$1.08	$1.06	$0.98 - $1.14	+1.89%	Beat	2	No revisions (30d)	+33.3%
Sep 30, 2022Sep 22 Reported Oct 25, 2022Reported Oct 25	$1.10	$1.20	$1.19 - $1.21	-8.33%	Miss	2	No revisions (30d)	-18.5%
Jun 30, 2022Jun 22 Reported Jul 27, 2022Reported Jul 27	$0.91	$1.19	$1.15 - $1.23	-23.53%	Miss	2	1 0 30d	-11.7%
Mar 31, 2022Mar 22 Reported Apr 27, 2022Reported Apr 27	$1.01	$1.11	$1.08 - $1.14	-9.01%	Miss	2	1 0 30d	-22.9%
Dec 31, 2021Dec 21 Reported Mar 30, 2022Reported Mar 30	$0.81	$0.95	$0.95 - $1.23	-14.74%	Miss	2	No revisions (30d)	-19.0%
Sep 30, 2021Sep 21 Reported Nov 9, 2021Reported Nov 9	$1.35	N/A	-	N/A	Beat	-	-	+35.0%
Jun 30, 2021Jun 21 Reported Jul 28, 2021Reported Jul 28	$1.03	N/A	-	N/A	Beat	-	-	-23.7%
Mar 31, 2021Mar 21 Reported May 7, 2021Reported May 7	$1.31	N/A	-	N/A	Beat	-	-	-6.4%
Dec 31, 2020Dec 20 Reported Mar 22, 2021Reported Mar 22	$1.00	N/A	-	N/A	Beat	-	-	+8.7%
Sep 30, 2020Sep 20 Reported Nov 6, 2020Reported Nov 6	$1.00	N/A	-	N/A	Beat	-	-	+53.0%
Jun 30, 2020Jun 20 Reported Aug 7, 2020Reported Aug 7	$1.35	N/A	-	N/A	Beat	-	-	+30.2%
Mar 31, 2020Mar 20 Reported May 6, 2020Reported May 6	$1.40	N/A	-	N/A	Beat	-	-	+20.1%
Dec 31, 2019Dec 19 Reported Mar 16, 2020Reported Mar 16	$0.92	N/A	-	N/A	Beat	-	-	+39.4%
Sep 30, 2019Sep 19 Reported Oct 29, 2019Reported Oct 29	$0.65	N/A	-	N/A	Beat	-	-	-24.0%
Jun 30, 2019Jun 19 Reported Aug 8, 2019Reported Aug 8	$1.04	N/A	-	N/A	Beat	-	-	+93.3%
Mar 31, 2019Mar 19 Reported Apr 23, 2019Reported Apr 23	$1.17	N/A	-	N/A	Beat	-	-	+33.1%
Dec 31, 2018Dec 18 Reported Mar 5, 2019Reported Mar 5	$0.66	N/A	-	N/A	Beat	-	-	-25.8%
Sep 30, 2018Sep 18 Reported Nov 5, 2018Reported Nov 5	$0.86	N/A	-	N/A	Beat	-	-	+30.3%
Jun 30, 2018Jun 18 Reported Jul 23, 2018Reported Jul 23	$0.54	N/A	-	N/A	Beat	-	-	-31.2%
Mar 31, 2018Mar 18 Reported May 9, 2018Reported May 9	$0.88	N/A	-	N/A	Beat	-	-	-0.9%
Dec 31, 2017Dec 17 Reported Feb 20, 2018Reported Feb 20	$0.89	N/A	-	N/A	Beat	-	-	+11.2%
Sep 30, 2017Sep 17 Reported Oct 23, 2017Reported Oct 23	$0.66	N/A	-	N/A	Beat	-	-	-
Jun 30, 2017Jun 17 Reported Jul 24, 2017Reported Jul 24	$0.78	N/A	-	N/A	Beat	-	-	-
Mar 31, 2017Mar 17 Reported May 1, 2017Reported May 1	$0.88	N/A	-	N/A	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Feb 27, 2017Reported Feb 27	$0.80	N/A	-	N/A	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield1.15%

Forward Annual Dividend$0.48

Payout Ratio21.19%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR-27.12%

5Y CAGR-17.29%

FNWD dividend history and ex-dividend dates Run FNWD in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	15.83	EV/EBITDA	14.46x
Price/FCF	10.94x	FCF Yield	9.14%
Profitability
Profit Margin	14.20%	Operating Margin	16.20%
ROE	5.90%	ROIC	4.03%
Financial Health
Debt/Equity	0.36x	Interest Coverage	0.32x
Current Ratio	N/A	Quick Ratio	N/A
Trading Statistics
Beta	0.17	Avg Volume	9.87K
52-Week High	$45.77	52-Week Low	$29.86

Technical Indicators Dashboard

Moving Averages

SMA 10$41.61

SMA 20$41.91

SMA 50$42.92

SMA 200$37.49

EMA 10$41.63

EMA 20$41.92

EMA 50$41.85

EMA 200$38.17

MACD

Line: -0.35Signal: -0.32Hist: -0.02

ADX

ADX: 16.4+DI: 14.9-DI: 25.7

Aroon & PSAR

Aroon Up12.0

Aroon Down96.0

PSAR$42.28

Bollinger Bands

Upper Band$42.96

Lower Band$40.86

%B Position501%(Upper)

Band Width0.44

RSI (14-Day)

Neutral

47.7

Momentum Oscillators

Stoch %K26.4

Stoch %D22.8

Williams %R-56.0

ROC (10d)-0.1%

Momentum-0.06

CCI (20d)-58.5

MFI (14d)34.0

Volatility Measures

ATR (14d)$0.76(1.8%)

StdDev (20d)0.53

Hist Vol19.2%(Low)

Volume Flow

VWAP$41.56

OBV1.3M

AD Line-4.1M

CMF (20d)-0.098

Volume Metrics

Avg Vol (20d)10.3K

Vol Ratio0.6x

VWMA (20d)$42.13

Pivot Points

R3$43.20

R2$42.60

R1$41.87

Pivot Point$41.27

S1$40.53

S2$39.93

S3$39.20

Advanced Oscillators

TSI-12.05

Ultimate Osc48.8

KST-33.07

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$17.58M	$17.49M	$16.52M	$17.36M	$16.63M	$15.54M	$16.34M	$14.87M	$14.63M	$25.25M	$15.45M	$15.53M
Cost of Revenue	N/A	$7.71M	$8.29M	$8.60M	$8.45M	$9.48M	$9.41M	$10.47M	$10.15M	$10.20M	$10.32M	$8.89M
Gross Profit	N/A	$17.43M	$16.60M	$17.66M	$16.90M	$15.09M	$16.92M	$14.87M	$14.55M	$25.25M	$14.67M	$15.29M

Operating Expenses	$14.86M	$14.77M	$14.78M	$14.10M	$14.79M	$14.47M	$14.25M	$14.47M	$14.42M	$15.00M	$13.52M	$13.49M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Operating Income	N/A	$2.67M	$1.82M	$3.56M	$2.12M	$616,000	$2.67M	$399,000	$134,000	$10.25M	$1.16M	$1.79M

Interest Income	$23.07M	$22.72M	$23.41M	$23.34M	$22.67M	$22.34M	$22.59M	$22.47M	$22.13M	$21.98M	$22.26M	$21.78M
Interest Expense	$7.88M	$7.65M	$8.37M	$8.90M	$8.72M	$9.03M	$9.99M	$10.47M	$10.07M	$10.20M	$9.54M	$8.64M
Income Before Tax	$2.46M	$2.67M	$1.82M	$3.56M	$2.12M	$616,000	$2.67M	$399,000	$134,000	$10.25M	$1.16M	$1.79M
Income Tax Expense	$364,000	$423,000	$-166,000	$63,000	$-35,000	$161,000	$569,000	$-207,000	$-9,000	$972,000	$-356,000	$-398,000

Net Income	$2.09M	$2.24M	$1.98M	$3.50M	$2.15M	$455,000	$2.10M	$606,000	$143,000	$9.28M	$1.51M	$2.19M

EBITDA	$3.48M	$3.99M	$3.33M	$5.01M	$3.75M	$2.22M	$4.43M	$2.50M	$1.86M	$11.96M	$3.24M	$3.55M
EBIT	$2.46M	$2.67M	$1.82M	$3.56M	$2.12M	$616,000	$2.67M	$399,000	$134,000	$10.25M	$1.16M	$1.79M

* Some calculated fields are derived from available data when not provided by source

Related GNG Research

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News

Finward Bancorp Acquires New Shares in ProShares UltraPro QQQ $TQQQ

Finward Bancorp has significantly increased its stake in ProShares UltraPro QQQ (TQQQ), acquiring 53,399 new shares valued at approximately $4.17 million, making it their 11th largest holding. This leveraged ETF...

MarketBeat•Oct 14, 2026 7:41 PM ET10/14/26•Neutral

Across 178 entries, Finward Bancorp (FNWD) reports investment holdings totaling $136M.

Finward Bancorp (FNWD) has filed a Form 13F-HR report, indicating total investment holdings of $135,624,360 across 178 entries. The filing, accepted by the SEC on October 14, 2026...

Stock Titan•Oct 14, 2026 4:41 PM ET10/14/26•Neutral

(FNWD) Price Dynamics and Execution-Aware Positioning

Finward Bancorp (NASDAQ: FNWD) exhibits a neutral near- and mid-term outlook with a positive long-term bias, operating within a mid-channel oscillation pattern. AI models suggest an exceptional 34.9:1 risk-reward setup...

Stock Traders Daily•Oct 7, 2026 12:30 AM ET10/7/26•Somewhat-Bullish

Finward Bancorp (NASDAQ: FNWD) Share Price, FNWD Stock News, FNWD Share Price & Updates

This article provides an overview of Finward Bancorp (NASDAQ: FNWD), a U.S. bank holding company. It details the company's banking products and services, including various deposit products and a diverse loan portfolio...

kalkine.ca•Oct 5, 2026 11:25 PM ET10/5/26•Somewhat-Bullish

Finward Bancorp EVP Todd Scheub acquires $1,407 in shares By Investing.com

Finward Bancorp's EVP, Todd Scheub, recently acquired $1,407 worth of shares through a dividend reinvestment plan...

Investing.com Nigeria•Sep 29, 2026 2:56 PM ET9/29/26•Somewhat-Bullish

FNWD Valuation and Fair Value

P/E: 15.8x
Forward P/E: 12.4x
EV/EBITDA: 14.5x
P/FCF: 10.9x
PEG: 1.7x
P/B: 1.0x

See GNG's fair value

FNWD Profitability: Margins, ROIC and FCF

Operating margin: 16.2%
Net margin: 14.2%
ROIC: 4.0%
ROE: 5.9%
FCF margin: 24.0%
FCF yield: 9.1%

FNWD Competitors

Company	Ticker
Triplepoint Venture Growth BDC Corp	TPVG
X Financial Class A	XYF
Neostellar Capital Corp.	NSLR
MainStreet Bancshares Inc	MNSBP
Westwood Holdings Group Inc	WHG
GP-Act III Acquisition Corp. Class A Ordinary Share	GPAT
Cantor Equity Partners, Inc. Class A Ordinary Shares	CEP
Hanover Bancorp Inc	HNVR

Sector: Financial Services

FNWD Bull Case vs Bear Case

Bull case

FNWD converts 24.0% of revenue into free cash flow.

FNWD Earnings: Beat Rate and Next Report

Beat rate: 4 of 8 quarters (50.0%)
Average surprise: 29.0%
EPS estimate (fiscal period ending Sep 30, 2026): $0.72
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 1 up, 1 down

FNWD Dividend

Forward yield: 1.1%
Payout ratio: 21.2%
3Y DPS growth: -27.1%
5Y DPS growth: -17.3%
Pay months: Mar, Jun, Sep, Dec

FNWD dividend history

Frequently Asked Questions About FNWD

What is FNWD's current dividend yield?

Finward Bancorp (FNWD) has a forward dividend yield of 1.15%.

Does FNWD pay dividends?

Yes, Finward Bancorp pays dividends with a forward dividend yield of 1.15%.

What is FNWD's P/E ratio?

Finward Bancorp has a price-to-earnings (P/E) ratio of 15.83.

What is FNWD's market cap?

Finward Bancorp (FNWD) has a market capitalization of $179.39M with a current stock price of $41.79.

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Earnings

Performance (10Y)

Upcoming Estimates

Dividends

Dividend Metrics

Growth

Key Metrics

Technical Indicators Dashboard

Moving Averages

MACD

ADX

Aroon & PSAR

Bollinger Bands

RSI (14-Day)

Momentum Oscillators

Volatility Measures

Volume Flow

Volume Metrics

Pivot Points

Advanced Oscillators

Financial Data

Related GNG Research

News

Finward Bancorp Acquires New Shares in ProShares UltraPro QQQ $TQQQ

Across 178 entries, Finward Bancorp (FNWD) reports investment holdings totaling $136M.

(FNWD) Price Dynamics and Execution-Aware Positioning

Finward Bancorp (NASDAQ: FNWD) Share Price, FNWD Stock News, FNWD Share Price & Updates

Finward Bancorp EVP Todd Scheub acquires $1,407 in shares By Investing.com

FNWD Valuation and Fair Value

FNWD Profitability: Margins, ROIC and FCF

FNWD Competitors

FNWD Bull Case vs Bear Case

Bull case

FNWD Earnings: Beat Rate and Next Report

FNWD Dividend

Frequently Asked Questions About FNWD

Related stocks

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