Finward Bancorp (FNWD)

Finward Bancorp announced better-than-expected third-quarter 2025 results with an EPS of $0.81 on October 28, 2025, and declared a dividend of $0.12 per share on December 3, 2025. Fourth-quarter 2025 results, announced on January 27, 2026, showed a net income available to common stockholders of $2.0 million, or $0.46 per diluted share, missing analyst estimates due to a securities repositioning. Despite quarterly fluctuations, the stock price increased by 41.59% between January 22, 2025, and January 21, 2026. As of February 5, 2026, the closing stock price was $38.40.

Finward Bancorp experiences seasonal strength as part of the financial sector, typically from November 22 to April 13, suggesting increased demand for its products and services during these months.

Finward Bancorp, headquartered in Munster, Indiana, operates as a financial holding company, primarily holding the stock of Peoples Bank. It offers a range of financial products and services, including personal and business banking, electronic banking, and wealth management. The company's lending activities include loans secured by single-family residences, commercial real estate, construction, commercial business, and municipal loans. As of September 30, 2025, Finward Bancorp had total assets of $2.05 billion.

Finward Bancorp's operations are concentrated in Northwest Indiana and the Chicagoland area, served by Peoples Bank through 26 to 30 physical locations.

Finward Bancorp's brand reputation appears stable to improving, supported by the termination of a Consent Order from the FDIC and Indiana DFI in August 2025. CEO Benjamin Bochnowski has highlighted stronger operational results in 2025 due to successful strategic initiatives, stable credit quality, and a supportive rate environment. Analyst ratings currently show a consensus "Buy" for Finward Bancorp.

Finward Bancorp has 124 institutional owners and shareholders holding a total of 2,050,294 shares, with major holders including Alliancebernstein L.P. and Vanguard Group Inc. Insider activity indicates confidence, with 16 insider buys compared to 1 insider sell over the past 12 months. Over the last 24 months, insiders have purchased a total of 8,513 FNWD shares for approximately $235,273.78.