Finward Bancorp

FNWD Financial Banks Regional

Finward Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $101.1 million, down 9.63% from fiscal 2024.

Revenue
+0.43%
EPS
−2.00%
Free cash flow
+0.22%
Total debt
0.00%

Quarter to June 2026, against a year earlier

43.54 0.09 +0.21%
Market cap
$188.2M
P/E
19.0×
Fwd P/E
16.5×
Dividend yield
1.10%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Finward Bancorp (FNWD) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, Finward Bancorp (FNWD) trades at a P/E ratio of 19.0×. Over the past ten years it has ranged from 5.8× (June 2023) to 40.3× (April 2025); the current reading is higher than 90% of that period. That is above the Banks Regional industry median of 11.9× and above the Financial sector median of 12.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 18.6× 88.11%
FY2024 9.9× (22.32%)
FY2023 12.7× 25.65%
FY2022 10.1× (3.42%)
FY2021 10.5× 39.60%
FY2020 7.5× (42.16%)
FY2019 13.0× (4.14%)
FY2018 13.6× (3.71%)
FY2017 14.1× 0.00%
FY2016 14.1× 0.00%

Quarterly newest first

Period P/E ratio Change
Jun 2026 16.1× 1.76%
Mar 2026 15.8× (15.23%)
Dec 2025 18.6× 11.40%
Sep 2025 16.7× (24.96%)
34 more quarters

Against its own ten years

Low 5.8× High 40.3×
Ten-year median 11.1×
Current reading's percentile 90

P/E ratio against peers

Company P/E ratio
FGBI First Guaranty Bancshares, Inc. compare n/m
BAFN BayFirst Financial Corp. compare n/m
MRBK Meridian Bank compare 8.8×
LARK Landmark Bancorp Inc. compare 9.7×
SBFG SB Financial Group, Inc. compare 10.5×
FINW FinWise Bancorp compare 13.5×
ECBK ECB Bancorp, Inc. compare 13.6×
BVFL BV Financial, Inc. compare 14.0×
FNWD Finward Bancorp 19.0×
Banks Regional industry median 11.9×
Financial sector median 12.0×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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