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FNWDFNWDFinancial Services · Banks - Regional

FNWD Stock Forecast: Finward Bancorp Price Predictions for 2026-2027

Last close, 29 Oct 2026
$44
+0.48% on the day

The 2 Wall Street analysts covering Finward Bancorp hold a median 12-month price target of $38 — -13.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 54 of 100 as at 29 Oct 2026 — in the upper half.

Market cap
$189.2M
Ticker Nerd rank
54/ 100
Median analyst target
$38
Analysts covering
2
Revenue$17.8M+6.8% y/y
Net income$2.1M
Free cash flow$4.5M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.9%
1M
+4.1%
YTD
+26.0%
1Y
+31.6%
From 52W high
−2.8%
From 52W low
+45.6%
$30
$45
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

FNWD stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Finward Bancorp on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 29 Oct 2026
54/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
89
Issuance
86
Size
67
Volatility
66
Accruals
64
Growth
59
Value
30
Revisions
25
Quality
14

Momentum (89): The shares have been drifting up relative to others.

Quality (14): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

FNWD stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on FNWD, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$30$35$40$45Jan 26Apr 26Jul 26Oct 26FNWDHigh $38Median $38Low $38

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says2 analysts
1 Buy1 Hold0 Sell
Low $38Median $38High $38

The green dot is the last close — the median target sits −13.4% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
27 Mar 2026Stephens & Co.AssumesOverweight$41
2 May 2025Stephens & Co.MaintainsOverweight—
6 Sept 2024Hovde GroupUpgradeOutperform—
27 Oct 2022Stephens & Co.MaintainsOverweight—
28 July 2022Stephens & Co.MaintainsOverweight—
13 Jan 2022Stephens & Co.InitiatesOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

FNWD appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

FNWD vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 29 Oct 2026, Finward Bancorp returned +31.6% against +13.1% for the S&P 500, dividends included.

FNWD vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Jan 26Apr 26Jul 26Oct 26FNWDS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

FNWD analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−2.4%
Analysts raising
1
Analysts cutting
1
Fundamentals

Finward Bancorp (FNWD) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
19.2×

Cheaper than 39% of US stocks

Price / sales
2.7×

Cheaper than 43% of US stocks

Price / book
1.1×

Cheaper than 68% of US stocks

EV / EBITDA
—
Growth & margins
Revenue growth (YoY)
2.4%

Higher than 33% of US stocks

Earnings growth (YoY)
−2.7%

Higher than 33% of US stocks

Gross margin
—
Operating margin
16.2%

Higher than 74% of US stocks

Net margin
14.2%

Higher than 76% of US stocks

Returns & dividend
Return on equity
5.9%

Higher than 54% of US stocks

Return on assets
0.5%

Higher than 46% of US stocks

Dividend yield
1.1%

Higher than 72% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Finward Bancorp (FNWD) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Finward Bancorp has a market value of $189.2M and an enterprise value of $204.6M.

  • Revenue in the twelve months to 30 June 2026: $69.1M. The latest quarter grew 2.4% year on year.

  • Net income over the same four quarters: $9.8M, a 14.2% net margin.

  • Diluted earnings per share, trailing twelve months: $2.27.

  • Free cash flow in the twelve months to 30 June 2026: $16.6M.

  • Finward Bancorp spent $2.1M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 4.3M.

  • Trailing P/E: 19.2×; forward P/E: 14.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.10%, paying out 21% of earnings.

  • Finward Bancorp employs 296 people — $234K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 29 Oct 2026

Data provided by Twelve Data

Peers

FNWD vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBanks - Regional
CompanyMarket capTKN rank
FNWDFinward Bancorp$189.2M54
ECBKECB Bancorp, Inc.$187.6M52
BVFLBV Financial, Inc.$187.4M83
FINWFinWise Bancorp$185.1M65
SBFGSB Financial Group, Inc.$195.9M87
LARKLandmark Bancorp, Inc. (Kansas)$196.2M80
RBKBRhinebeck Bancorp, Inc.$201.0M52

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Finward Bancorp — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest FNWD news & analysis

Finward Bancorp Announces Third Quarter 2026 Results

Business Wire · 27 Oct 2026negative

Finward Bancorp announced net income available to common stockholders of $1.4 million, or $0.31 per diluted share, for the quarter ended September 30, 2026. This compares with $2.1 million, or $0.48 per diluted share, for the quarter ended June 30, 2026.

Why it matters — The reported quarter-over-quarter decline in net income and diluted earnings per share is a performance change FNWD watchers may want to note.

18 Ideal 'Safer' DiviDog Buys Readers Tagged In September

Seeking Alpha · 21 Oct 2026neutral

Seeking Alpha reports that September 2026 ReFa/Ro Dogs were presented as offering broker-estimated projected net gains of 40.66% to 122.87% by September 2027. Its analysis says annual dividends from a $1,000 investment exceed each stock’s share price, and estimates higher net gains for the five lowest-priced names than for all ten.

Why it matters — The item provides no FNWD-specific information, so it offers no direct insight into the company.

Finward Bancorp Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Finward Bancorp - FNWD

Business Wire · 13 Oct 2026neutral

Kahn Swick & Foti, LLC is investigating the proposed sale of Finward Bancorp to First Financial Bancorp, including the adequacy of the consideration and process. Under the proposed terms, Finward shareholders would receive 1.35 First Financial shares for each Finward share.

Why it matters — The investigation concerns the terms and process of the proposed transaction affecting Finward shareholders.

Finward Bancorp Announces Dividend

Business Wire · 4 Sept 2026neutral

Finward Bancorp announced that its Board of Directors declared a dividend of $0.12 per share on its common stock on September 4, 2026. The dividend is payable on September 25, 2026 to shareholders of record as of September 18, 2026.

Why it matters — FNWD watchers would care because this reflects a routine shareholder payout decision from the company's board.

Halper Sadeh LLC is Investigating Whether FNWD and PSNL are Obtaining Fair Deals for their Shareholders

GlobeNewsWire · 30 July 2026negative

Halper Sadeh LLC announced it is investigating whether Finward Bancorp (FNWD) and PSNL are obtaining fair deals for their shareholders. The firm notes that insiders may stand to receive substantial financial benefits not available to ordinary shareholders.

Why it matters — The investigation raises concerns about whether FNWD's leadership may be prioritizing their own financial interests over those of common shareholders.

FAQ

Frequently asked questions about FNWD stock

What is the FNWD stock price forecast for 2026-2027?

The 2 Wall Street analysts covering Finward Bancorp have a median 12-month price target of $38, with estimates ranging from $38 to $38. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is FNWD stock a buy right now?

Of the 2 analysts covering Finward Bancorp, 1 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Finward Bancorp 54 out of 100 across roughly 4,600 US stocks as at 29 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FNWD?

As at 29 Oct 2026, Finward Bancorp ranks 54 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (89 of 100).

Will FNWD stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies -13.4% from the last close, and Ticker Nerd's factor model ranks Finward Bancorp 54 out of 100 as at 29 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the FNWD stock forecast for 2030?

No analyst covering Finward Bancorp publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FNWD are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $38 to $38 over the next 12 months.

How has FNWD stock performed over the past year?

Finward Bancorp returned +31.6% over the 12 months to 29 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Finward Bancorp do?

Finward Bancorp Common Stock represents the equity of Finward Bancorp, a financial holding company headquartered in Munster, Indiana. The company primarily operates through Peoples Bank, a regional commercial bank that provides personal banking, business banking, electronic banking, and wealth management services across Northwest Indiana and the Chicagoland area.

What is the latest news on FNWD?

The most recent item we track (Business Wire, 27 Oct 2026): "Finward Bancorp Announces Third Quarter 2026 Results". Finward Bancorp announced net income available to common stockholders of $1.4 million, or $0.31 per diluted share, for the quarter ended September 30, 2026. This compares with $2.1 million, or $0.48 per diluted share, for the quarter ended June 30, 2026.

Company

About Finward Bancorp.

Finward Bancorp Common Stock represents the equity of Finward Bancorp, a financial holding company headquartered in Munster, Indiana. The company primarily operates through Peoples Bank, a regional commercial bank that provides personal banking, business banking, electronic banking, and wealth management services across Northwest Indiana and the Chicagoland area. Its banking activities include deposit products, residential mortgage lending, construction financing, commercial real estate loans, consumer credit, commercial business loans, and municipal lending. Through its wealth management group, Finward Bancorp also supports estate planning, retirement services, fiduciary accounts, trusts, and investment agency services. The common stock reflects ownership in a locally managed financial institution focused on community banking and relationship-based financial services in its core markets.

CEO Mr. Benjamin J. Bochnowski · 296 employees · United States · https://www.ibankpeoples.com