FINWARD BANCORP (FNWD) Stock Fundamental Analysis

NASDAQ:FNWD • US31812F1093

36.33 USD
+1.13 (+3.21%)
Last: Feb 24, 2026, 03:34 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Overall FNWD gets a fundamental rating of 3 out of 10. We evaluated FNWD against 379 industry peers in the Banks industry. FNWD may be in some trouble as it scores bad on both profitability and health. FNWD has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year FNWD was profitable.
  • FNWD had a positive operating cash flow in the past year.
  • In the past 5 years FNWD has always been profitable.
  • FNWD had a positive operating cash flow in 4 of the past 5 years.
FNWD Yearly Net Income VS EBIT VS OCF VS FCFFNWD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M

1.2 Ratios

  • FNWD has a worse Return On Assets (0.40%) than 82.59% of its industry peers.
  • FNWD has a worse Return On Equity (4.96%) than 77.31% of its industry peers.
Industry RankSector Rank
ROA 0.4%
ROE 4.96%
ROIC N/A
ROA(3y)0.46%
ROA(5y)0.61%
ROE(3y)6.11%
ROE(5y)7.79%
ROIC(3y)N/A
ROIC(5y)N/A
FNWD Yearly ROA, ROE, ROICFNWD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • FNWD has a Profit Margin of 12.46%. This is amonst the worse of the industry: FNWD underperforms 81.79% of its industry peers.
  • FNWD's Profit Margin has declined in the last couple of years.
  • FNWD does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 12.46%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-13.88%
PM growth 5Y-13.22%
GM growth 3YN/A
GM growth 5YN/A
FNWD Yearly Profit, Operating, Gross MarginsFNWD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • FNWD does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for FNWD has been increased compared to 1 year ago.
  • FNWD has more shares outstanding than it did 5 years ago.
  • FNWD has a better debt/assets ratio than last year.
FNWD Yearly Shares OutstandingFNWD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1M 2M 3M 4M
FNWD Yearly Total Debt VS Total AssetsFNWD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.2 Solvency

  • The Debt to FCF ratio of FNWD is 3.99, which is a good value as it means it would take FNWD, 3.99 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of FNWD (3.99) is worse than 66.49% of its industry peers.
  • A Debt/Equity ratio of 0.29 indicates that FNWD is not too dependend on debt financing.
  • FNWD has a Debt to Equity ratio of 0.29. This is in the lower half of the industry: FNWD underperforms 64.91% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 3.99
Altman-Z N/A
ROIC/WACCN/A
WACC17.97%
FNWD Yearly LT Debt VS Equity VS FCFFNWD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
FNWD Yearly Current Assets VS Current LiabilitesFNWD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • FNWD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.49%.
  • The earnings per share for FNWD have been decreasing by -16.35% on average. This is quite bad
  • Looking at the last year, FNWD shows a decrease in Revenue. The Revenue has decreased by -7.11% in the last year.
  • The Revenue has been growing slightly by 0.62% on average over the past years.
EPS 1Y (TTM)-20.49%
EPS 3Y-17.93%
EPS 5Y-16.35%
EPS Q2Q%69.39%
Revenue 1Y (TTM)-7.11%
Revenue growth 3Y-5.66%
Revenue growth 5Y0.62%
Sales Q2Q%-2.38%

3.2 Future

  • FNWD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.52% yearly.
  • FNWD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.86% yearly.
EPS Next Y19.23%
EPS Next 2Y16.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.39%
Revenue Next 2Y6.86%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
FNWD Yearly Revenue VS EstimatesFNWD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M
FNWD Yearly EPS VS EstimatesFNWD Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 16.15 indicates a correct valuation of FNWD.
  • Based on the Price/Earnings ratio, FNWD is valued a bit more expensive than 72.82% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of FNWD to the average of the S&P500 Index (26.64), we can say FNWD is valued slightly cheaper.
  • Based on the Price/Forward Earnings ratio of 13.54, the valuation of FNWD can be described as correct.
  • FNWD's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FNWD is more expensive than 66.75% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.75. FNWD is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 16.15
Fwd PE 13.54
FNWD Price Earnings VS Forward Price EarningsFNWD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • FNWD's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 12.97
EV/EBITDA N/A
FNWD Per share dataFNWD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • FNWD's earnings are expected to grow with 16.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y16.52%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.30%, FNWD has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.74, FNWD is paying slightly less dividend.
  • Compared to the average S&P500 Dividend Yield of 1.80, FNWD is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.3%

5.2 History

  • The dividend of FNWD decreases each year by -17.52%.
  • FNWD has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-17.52%
Div Incr Years0
Div Non Decr Years0
FNWD Yearly Dividends per shareFNWD Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 18.97% of the earnings are spent on dividend by FNWD. This is a low number and sustainable payout ratio.
DP18.97%
EPS Next 2Y16.52%
EPS Next 3YN/A
FNWD Yearly Income VS Free CF VS DividendFNWD Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M
FNWD Dividend Payout.FNWD Dividend Payout, showing the Payout Ratio.FNWD Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

FINWARD BANCORP

NASDAQ:FNWD (2/24/2026, 3:34:27 PM)

36.33

+1.13 (+3.21%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)01-27
Earnings (Next)04-28
Inst Owners45.14%
Inst Owner Change6.96%
Ins Owners13.63%
Ins Owner Change0%
Market Cap157.31M
Revenue(TTM)66.04M
Net Income(TTM)8.20M
Analysts82.5
Price Target38.76 (6.69%)
Short Float %4.87%
Short Ratio8.78
Dividend
Industry RankSector Rank
Dividend Yield 1.3%
Yearly Dividend0.48
Dividend Growth(5Y)-17.52%
DP18.97%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)99.3%
Min EPS beat(2)98.53%
Max EPS beat(2)100.08%
EPS beat(4)4
Avg EPS beat(4)89.62%
Min EPS beat(4)13.52%
Max EPS beat(4)146.35%
EPS beat(8)6
Avg EPS beat(8)106.07%
EPS beat(12)6
Avg EPS beat(12)66.11%
EPS beat(16)6
Avg EPS beat(16)45.64%
Revenue beat(2)0
Avg Revenue beat(2)-3.83%
Min Revenue beat(2)-4.41%
Max Revenue beat(2)-3.25%
Revenue beat(4)1
Avg Revenue beat(4)-2.56%
Min Revenue beat(4)-6.23%
Max Revenue beat(4)3.66%
Revenue beat(8)1
Avg Revenue beat(8)-5.38%
Revenue beat(12)1
Avg Revenue beat(12)-7.16%
Revenue beat(16)1
Avg Revenue beat(16)-7.05%
PT rev (1m)2.7%
PT rev (3m)22.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)17.31%
EPS NY rev (1m)0.96%
EPS NY rev (3m)14.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)0.33%
Valuation
Industry RankSector Rank
PE 16.15
Fwd PE 13.54
P/S 2.39
P/FCF 12.97
P/OCF 12.13
P/B 0.95
P/tB 1.11
EV/EBITDA N/A
EPS(TTM)2.25
EY6.19%
EPS(NY)2.68
Fwd EY7.38%
FCF(TTM)2.8
FCFY7.71%
OCF(TTM)2.99
OCFY8.24%
SpS15.21
BVpS38.22
TBVpS32.75
PEG (NY)0.84
PEG (5Y)N/A
Graham Number43.99
Profitability
Industry RankSector Rank
ROA 0.4%
ROE 4.96%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 12.46%
GM N/A
FCFM 18.42%
ROA(3y)0.46%
ROA(5y)0.61%
ROE(3y)6.11%
ROE(5y)7.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-13.88%
PM growth 5Y-13.22%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 3.99
Debt/EBITDA N/A
Cap/Depr 12.96%
Cap/Sales 1.27%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 147.85%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC17.97%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.49%
EPS 3Y-17.93%
EPS 5Y-16.35%
EPS Q2Q%69.39%
EPS Next Y19.23%
EPS Next 2Y16.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.11%
Revenue growth 3Y-5.66%
Revenue growth 5Y0.62%
Sales Q2Q%-2.38%
Revenue Next Year8.39%
Revenue Next 2Y6.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y610.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1445.29%
OCF growth 3YN/A
OCF growth 5YN/A

FINWARD BANCORP / FNWD FAQ

What is the fundamental rating for FNWD stock?

ChartMill assigns a fundamental rating of 3 / 10 to FNWD.


What is the valuation status for FNWD stock?

ChartMill assigns a valuation rating of 4 / 10 to FINWARD BANCORP (FNWD). This can be considered as Fairly Valued.


What is the profitability of FNWD stock?

FINWARD BANCORP (FNWD) has a profitability rating of 2 / 10.


Can you provide the PE and PB ratios for FNWD stock?

The Price/Earnings (PE) ratio for FINWARD BANCORP (FNWD) is 16.15 and the Price/Book (PB) ratio is 0.95.


Can you provide the expected EPS growth for FNWD stock?

The Earnings per Share (EPS) of FINWARD BANCORP (FNWD) is expected to grow by 19.23% in the next year.