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Company Analysis

Finward Bancorp FNWD

A comprehensive view of key metrics, scores, and financial health for Finward Bancorp

Overview of Finward Bancorp

FNWD NCM
Financial Services Banks - Regional Micro Cap
Finward Bancorp (FNWD), is a Micro Cap company, in the Banks - Regional industry, last closed at $37.55, about 6.1% undervalued vs fair value, +27.9% 1Y return, ranked 679/1004 in sector.
$37.55
0.81%
As of March 13, 2026
Previous close • Vol 90d: 28.8%
52-Week Range
Market Cap
$162.48M
Enterprise Value
$228.92M
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://www.ibankpeoples.com
HQ Munster, IN
Fiscal year Dec 31

Next Events

Dividend Mar 31 Ex-div: Mar 16
Earnings Apr 28 Estimated

Fair Value Snapshot

Bear Base Bull
$22
$40
$75
Current: $37.55 +6% vs base

Engine Room Money Flow™

Micro Cap

Financial Services - Where revenue goes and how value is created

Flow Steps
Interest Income
$89.2M
4%%
Interest Expense
$35.0M
Net Interest Income
$48.4M
-11.2%%
Total Revenue
$101.1M
42.2%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Financial Services

Quality & Reliability Indicators

Return on Equity
8.0%
Fair

Net Income / Equity - key bank profitability metric

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$2.2M
17.8% of Net Income

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
1
Active Leaks
1/1
Improving
0
High Impact
1
Critical
Moat Analysis Bank Specialized

Competitive Advantage Assessment

Evaluating Finward Bancorp's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
35
/100
Developing
Scores based on quantitative metrics and qualitative factors

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Deposit Franchise

Developing
40
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Banks (Regional & Diversified) vs Industry Peers 91% Coverage
Trade-Off Triangle Visualization A ternary plot showing FNWD's balance between Growth (28.9%), Profitability (30.2%), and Safety (40.9%). Growth 29% Safety 41% Profitability 30%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

23th percentile vs peers
24
Key Signals
Rev Growth YoY 42.1% 35p Revenue CAGR 3Y 8.7% 19p Asset Growth YoY -1.9% 12p
Strengths

No notable strengths identified for this axis.

Risks
  • Asset Growth Yoy in bottom 20% of peers (-1.9%)
  • Growth below peer median (percentile: 23)

Profitability

24th percentile vs peers
25
Key Signals
Strengths
Risks
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Safety

33th percentile vs peers
34
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Finward Bancorp.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$39.83
- - -
+6.1% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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