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FNWD

Finward Bancorp

FNWD

NASDAQ·Financial Services·Banks - Regional·Mkt cap $190.2M

$43.90

+0.37%

P/E

19.25

Mkt Cap

$190.2M

52-Wk Range

$30.05–$45.90

52-Week Range

$30.05 - $45.90

P/E

19.25

Fwd P/E

16.63

Beta

0.19

Div Yield

1.09%

Avg Vol

19.3K

Shares Out

4.3M

Mkt Cap

$190.2M

Price action

Price chart

Up 35.5% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

3 reasons

  • Established local market presence with 30 branches in high-growth Chicago metropolitan area
  • Diversified revenue streams from deposits, lending, and fee-based wealth management services
  • Community-focused relationship banking model differentiating from large national banks

Bear Case

2 risks

  • Low volatility (beta 0.2).
  • Premium valuation to Commercial Banking peers

Growth

Revenue decline expected

Expansion of wealth management and trust services to higher-margin fee income

Value

Premium valuation to Commercial Banking peers

Momentum

Hot

+34.3% over 3m

Quality

Excellent

Excellent business quality

Dividend

Modest

1.09% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 27, 2026

Q3 26 RECAP

JUL 28, 2026

Reported EPS of $0.48 vs $0.62 consensus (-22.6% surprise). Revenue of $17.6M vs $18.9M expected (-7.0%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-22.6%

Revenue trend · last 8Q

-35%

-38%

+14%

+17%

-56%

+62%

-9%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$14.9M

$16.3M

$15.5M

$25.4M

$26.3M

$24.9M

$25.1M

$23.1M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

9.1%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

vs Industry

How FNWD stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.