Finward Bancorp

Finward Bancorp

FNWDยทNASDAQ

$32.20

+0.31%
Financial ServicesBanks - Regional

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest and interest bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans. Its loan products portfolio comprises residential mortgage loans that enable borrowers to purchase existing homes, refinance existing homes, or construct new homes; construction loans primarily to individuals and contractors; commercial real estate loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement loans and equity loans; commercial business loans; government loans; and loans to municipalities. The company also offers estate and retirement planning services, guardianships, land trusts, profit sharing and 401(k) retirement plans, IRA and Keogh accounts, and investment agency accounts, as well as serves as the personal representative of estates, and acts as trustee for revocable and irrevocable trusts. In addition, it provides insurance and annuity investments to wealth management customers; holds real estate properties; and operates as a real estate investment trust. As of March 2, 2022, the company operated through 30 locations in Lake and Porter counties in Northwest Indiana and South Chicagoland. The company was formerly known as NorthWest Indiana Bancorp and changed its name to Finward Bancorp in May 2021. Finward Bancorp was incorporated in 1994 and is headquartered in Munster, Indiana.

At a Glance

Live Snapshot
Market Cap$139.43M
EPS1.8900
P/E Ratio17.04
Earnings Date07/28/2026
0.33%
Dividend Yield
-4%
3Y-69.0%
5Y-54.0%
10Y-64.0%
22.89%
Dividend Payout Ratio
-12%
3Y-62.0%
5Y-3.0%
10Y-33.0%
3Y-61.0%
5Y-52.0%
10Y-33.0%
Finward Bancorp

Finward Bancorp Dividend History

FNWD ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

FNWD Dividend Payment History

FNWD ยท NASDAQ

Total Payments

50

Latest Dividend

$0.1200

Annual Amount

$0.4800

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Mar 2, 2026
Mar 16, 2026Mar 31, 2026
$0.1200
$0.1200
Quarterly0.00%
Dec 3, 2025
Dec 17, 2025Dec 30, 2025
$0.1200
$0.1200
Quarterly0.00%
Aug 15, 2025
Aug 29, 2025Sep 12, 2025
$0.1200
$0.1200
Quarterly0.00%
Apr 10, 2025
Apr 28, 2025May 12, 2025
$0.1200
$0.1200
Quarterly0.00%
Dec 20, 2024
Jan 21, 2025Feb 3, 2025
$0.1200
$0.1200
Quarterly0.00%
Sep 20, 2024
Oct 18, 2024Oct 31, 2024
$0.1200
$0.1200
Quarterly0.00%
Jun 26, 2024
Jul 19, 2024Aug 1, 2024
$0.1200
$0.1200
Quarterly0.00%
Mar 22, 2024
Apr 23, 2024May 6, 2024
$0.1200
$0.1200
Quarterly0.00%
Dec 26, 2023
Jan 23, 2024Feb 5, 2024
$0.1200
$0.1200
Quarterly-61.29%
Aug 21, 2023
Sep 22, 2023Oct 5, 2023
$0.3100
$0.3100
Quarterly0.00%
May 30, 2023
Jun 23, 2023Jul 6, 2023
$0.3100
$0.3100
Quarterly0.00%
Feb 24, 2023
Mar 24, 2023Apr 6, 2023
$0.3100
$0.3100
Quarterly0.00%
Nov 29, 2022
Dec 28, 2022Jan 6, 2023
$0.3100
$0.3100
Quarterly0.00%
Aug 29, 2022
Sep 28, 2022Oct 5, 2022
$0.3100
$0.3100
Quarterly0.00%
May 20, 2022
Jun 24, 2022Jul 7, 2022
$0.3100
$0.3100
Quarterly0.00%
Feb 25, 2022
Mar 25, 2022Apr 4, 2022
$0.3100
$0.3100
Quarterly0.00%
Nov 19, 2021
Dec 29, 2021Jan 7, 2022
$0.3100
$0.3100
Quarterly0.00%
Aug 27, 2021
Sep 24, 2021Oct 5, 2021
$0.3100
$0.3100
Quarterly0.00%
May 21, 2021
Jun 25, 2021Jul 7, 2021
$0.3100
$0.3100
Quarterly0.00%
Mar 1, 2021
Mar 26, 2021Apr 8, 2021
$0.3100
$0.3100
Quarterly0.00%
Nov 20, 2020
Dec 28, 2020Jan 8, 2021
$0.3100
$0.3100
Quarterly0.00%
Aug 28, 2020
Sep 25, 2020Oct 2, 2020
$0.3100
$0.3100
Quarterly0.00%
May 15, 2020
Jun 26, 2020Jul 3, 2020
$0.3100
$0.3100
Quarterly0.00%
Feb 21, 2020
Mar 27, 2020Apr 3, 2020
$0.3100
$0.3100
Quarterly0.00%
Nov 22, 2019
Dec 27, 2019Jan 7, 2020
$0.3100
$0.3100
Quarterly0.00%
Aug 23, 2019
Sep 27, 2019Oct 3, 2019
$0.3100
$0.3100
Quarterly0.00%
May 31, 2019
Jun 28, 2019Jul 5, 2019
$0.3100
$0.3100
Quarterly+3.33%
Feb 22, 2019
Mar 29, 2019Apr 5, 2019
$0.3000
$0.3000
Quarterly0.00%
Dec 3, 2018
Dec 28, 2018Jan 8, 2019
$0.3000
$0.3000
Quarterly0.00%
Aug 31, 2018
Sep 28, 2018Oct 9, 2018
$0.3000
$0.3000
Quarterly0.00%
May 18, 2018
Jun 29, 2018Jul 11, 2018
$0.3000
$0.3000
Quarterly+3.45%
Feb 16, 2018
Mar 30, 2018Apr 6, 2018
$0.2900
$0.2900
Quarterly0.00%
Nov 17, 2017
Dec 29, 2017Jan 9, 2018
$0.2900
$0.2900
Quarterly0.00%
Aug 25, 2017
Sep 29, 2017Oct 5, 2017
$0.2900
$0.2900
Quarterly0.00%
May 22, 2017
Jun 30, 2017Jul 7, 2017
$0.2900
$0.2900
Quarterly+3.57%
Feb 24, 2017
Mar 31, 2017Apr 7, 2017
$0.2800
$0.2800
Quarterly0.00%
Nov 18, 2016
Dec 30, 2016Jan 10, 2017
$0.2800
$0.2800
Quarterly0.00%
Aug 26, 2016
Sep 23, 2016Oct 4, 2016
$0.2800
$0.2800
Quarterly0.00%
May 20, 2016
Jun 24, 2016Jul 6, 2016
$0.2800
$0.2800
Quarterly+3.70%
Feb 26, 2016
Mar 25, 2016Apr 5, 2016
$0.2700
$0.2700
Quarterly0.00%
Nov 20, 2015
Dec 28, 2015Jan 6, 2016
$0.2700
$0.2700
Quarterly0.00%
Aug 28, 2015
Sep 25, 2015Oct 2, 2015
$0.2700
$0.2700
Quarterly0.00%
Jun 22, 2015
Jul 2, 2015Jul 9, 2015
$0.2700
$0.2700
Quarterly+8.00%
Feb 27, 2015
Mar 27, 2015Apr 2, 2015
$0.2500
$0.2500
Quarterly0.00%
Nov 21, 2014
Dec 26, 2014Jan 2, 2015
$0.2500
$0.2500
Quarterly0.00%
Aug 29, 2014
Sep 26, 2014Oct 3, 2014
$0.2500
$0.2500
Quarterly0.00%
May 30, 2014
Jun 27, 2014Jul 3, 2014
$0.2500
$0.2500
Quarterly+13.64%
Feb 28, 2014
Mar 28, 2014Apr 4, 2014
$0.2200
$0.2200
Quarterly0.00%
Nov 22, 2013
Dec 27, 2013Jan 3, 2014
$0.2200
$0.2200
Quarterly0.00%
Aug 30, 2013
Sep 27, 2013Oct 4, 2013
$0.2200
$0.2200
Quarterly-
fnwd

Finward Bancorp Payout Ratio Analysis

FNWD ยท NASDAQ
Dividends Paid
-1.56M
2025
Net Income
8.09M
2025
Payout Ratio
19.25%
2025

Dividend Sustainability Analysis

Payout Ratio
19.25%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
20.4%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
+24.7%

Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.

Sustainability
Excellent

Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.

Key Insight

Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.