FNWD
Finward Bancorp
Next earnings Jul 27, 2026 · consensus $0.62 EPS, $19.3M rev
Last earnings -1.5% on 2026-04-28
$34.07
▼ -0.64%$34.07▲ +21.06%
over 1Y
L $26.27EODHDH $39.54
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-0.6%
1W-1.1%
1M+4.5%
3M-3.0%
YTD-3.6%
1Y+21.1%
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 8 analysts
Buy
Mixed signals in the latest filings.
Return on equity 4.6% · latest
The read
Weak on both the fundamentals and the price — little to like at the current level.
Finward Bancorp shows limited reported revenue, and 4.6% ROE.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $15.0M | $15.1M | $8.38M | $12.1M | $8.09M |
| Diluted EPS | $4.30 | $3.60 | $1.96 | $2.84 | $1.88 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF16.3
PEG (trailing)—
Earnings yield5.5%
FCF yield6.1%
Quality & risk
ROIC (est.)—
Free cash flow$9.05M
Total debt—
Net cash$47.3M
Capital returns
Buyback yield0.0%
Dividend yield (est.)1.1%
Shareholder yield1.1%
Shares Δ YoY+0.1%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-032026-06-03open ↗4Period ending 2026-05-222026-05-29open ↗8-K/APeriod ending 2026-05-212026-05-28open ↗4Period ending 2026-05-222026-05-27open ↗4Period ending 2026-05-222026-05-27open ↗4Period ending 2026-05-222026-05-27open ↗4Period ending 2026-05-222026-05-27open ↗4Period ending 2026-05-222026-05-27open ↗8-KPeriod ending 2026-05-262026-05-26open ↗10-QPeriod ending 2026-03-312026-05-13open ↗8-KPeriod ending 2026-04-282026-04-28open ↗13F-HRPeriod ending 2026-03-312026-04-10open ↗
Frequently asked
- Is Finward Bancorp (FNWD) a buy?
- FNWD currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
- What is FNWD's fair value?
- A Modified-Graham model based on FNWD's SEC fundamentals estimates a fair value of about $14.38. It is an estimate from reported earnings, not a price target.
- Is FNWD overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, FNWD currently appears overvalued relative to its SEC-grounded earnings power.
- What is Finward Bancorp's quality score?
- FNWD scores 57.588235294117645/100 (grade C) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000919864, latest 10-Q filed 2026-05-13) · EODHD · as of 6/28/2026, 12:47:55 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.