FNWD - NASDAQ
Finward Bancorp
$32.20
+0.31%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 SnapshotFinward Bancorp Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.
Working Capital Impact
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
Finward Bancorp Cash Flow Statement
FNWD • NASDAQ
| Finward Bancorp Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
8.1M | 12.1M | 8.4M | 15.1M | 15M | 15.9M | 12.1M | 9.3M | 9M | 9.1M | 7.9M | 7.4M | 7.1M | 6.9M | 5.4M | 5.2M | 2.5M | 5.9M | 5.6M | 6.5M | |
6.2M | 7.3M | 7.2M | 6M | 4.6M | 3.2M | 1.9M | 2.7M | 2.6M | 2.6M | 2.3M | 2M | 2.1M | 2.4M | 2.3M | 2.1M | 1.6M | 1.4M | 1.5M | 1.5M | |
-556K | 645K | -673K | 1.2M | 137K | 572K | 1.2M | 256K | 266K | 125K | -668K | 316K | 509K | 152K | 318K | -988K | -454K | 0.0 | 0.0 | 0.0 | |
447K | 565K | 719K | 741K | 574K | 415K | 238K | 132K | 192K | 142K | 96K | 61K | 40K | 16K | 33K | 36K | 40K | 57K | 0.0 | 0.0 | |
-1.5M | -16M | 2.2M | 3.5M | 4.6M | -5.5M | -1.7M | -1.4M | 805K | 558K | 841K | -2.5M | -92K | -412K | 2M | 5.6M | 6.9M | 2.3M | 408K | -32K | |
(150K) | (415K) | (241K) | (1.3M) | (2.2M) | (1M) | (1.6M) | (1.1M) | (1.9M) | (2.7M) | (2M) | (1.4M) | (2.1M) | (2.1M) | (776K) | (1.8M) | (990K) | (1.9M) | (0.0) | (0.0) | |
-2.8M | 5.2M | 6.5M | -8.7M | -7.8M | 5.1M | -2.8M | -397K | -538K | -2.1M | -981K | 2.3M | 1.4M | -491K | 4.7M | 2.6M | -9.3M | 2.4M | 781K | -1.4M | |
9.9M | 9.8M | 24.2M | 17.7M | 17M | 19.7M | 11M | 10.5M | 12.3M | 10.4M | 9.5M | 9.6M | 11.1M | 8.5M | 14.8M | 14.5M | 1.2M | 12.1M | 8.2M | 6.6M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
(0.0) | -3.1M | -1.1M | -3M | -3.1M | -3.7M | -3M | -1M | -1.7M | -1.7M | -1.3M | -859K | -893K | -797K | -417K | -1.7M | -1.9M | -4.1M | -3.1M | -1.4M | |
(0.0) | (0.0) | (0.0) | (33.8M) | (0.0) | (0.0) | (52.6M) | (18.3M) | (0.0) | (0.0) | (17M) | (2.6M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | (0.0) | -123K | -30.4M | -221.2M | -243.4M | -93.2M | -58.6M | -89.4M | -98.6M | -78M | -68.8M | -81.7M | -80.4M | -88.7M | -69.8M | -68.4M | -54.5M | -54.2M | -25.3M | |
36M | 27.4M | 14.8M | 95.5M | 99.2M | 118.4M | 69.5M | 57.1M | 81.4M | 93.7M | 72.8M | 55.4M | 65.2M | 79.8M | 67.1M | 82.8M | 53.9M | 39.8M | 40.2M | 16.7M | |
58.9M | 18.5M | 1.5M | -97M | -754K | -56.3M | -54M | -46.9M | -38.2M | -14.6M | -55.3M | -23.4M | -7M | -34.9M | 14.2M | 8.6M | 19.8M | -22.7M | 3.2M | -4.6M | |
(94.9M) | (42.8M) | (15M) | -1.1M | -125.9M | -185.1M | -28.2M | -31.2M | -47.8M | -21.3M | -44.8M | -35M | -24.5M | -36.3M | -7.8M | (19.9M) | (3.3M) | -41.5M | -13.9M | -14.6M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-150K | -86K | -196K | -120K | -131K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -31K | -143K | 63K | 124K | 151K | 147K | -36K | 134K | 231K | |
-20M | -15M | -40M | 120M | -6.1M | -5.6M | -29.1M | 22.4M | -7.6M | -18.2M | 3.1M | 7M | -4.6M | -2.5M | 3.4M | -14.4M | -11.8M | -2.1M | 25.4M | 348K | |
-1.6M | -2.1M | -5.3M | -5.1M | -4.3M | -4.3M | -4.1M | -3.4M | -3.3M | -3.1M | -3M | -2.7M | -2.3M | -1.9M | -1.7M | -2.2M | -3.4M | -4M | -4M | -3.8M | |
(0.0) | -86K | -196K | -120K | -131K | -85K | -17.5M | (0.0) | (0.0) | (0.0) | -1.1M | -31K | -173K | -78K | (0.0) | (0.0) | (0.0) | -226K | (0.0) | (0.0) | |
-34M | -50.9M | 61M | -133.3M | 132.7M | 147.9M | 80.6M | 7.7M | 13.2M | 64.9M | 24.8M | 23.4M | 6.5M | 39.5M | 6.6M | -20.3M | 12.4M | 34.8M | -19.5M | -12.8M | |
-55.7M | -68M | 15.5M | -18.5M | 122.1M | 138M | 47.3M | 26.7M | 2.3M | 43.6M | 24.9M | 27.6M | -563K | 35.2M | 8.4M | -36.7M | -2.7M | 28.6M | 2M | -16.1M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
49.1M | -15.4M | 54.7M | -1.9M | 13.3M | -27.3M | 30.1M | 6.1M | -33.2M | 32.7M | -10.4M | 2.2M | -14M | 7.4M | 15.4M | -2.3M | 1.9M | -815K | -3.7M | -24.1M | |
70.6M | 86M | 31.3M | 33.2M | 19.9M | 47.3M | 17.1M | 11M | 44.2M | 11.5M | 22M | 19.8M | 33.8M | 26.4M | 10.9M | 13.2M | 11.3M | 12.1M | 15.8M | 39.8M | |
119.6M | 70.6M | 86M | 31.3M | 33.2M | 19.9M | 47.3M | 17.1M | 11M | 44.2M | 11.5M | 22M | 19.8M | 33.8M | 26.4M | 10.9M | 13.2M | 11.3M | 12.1M | 15.8M | |
7.6M | 6.7M | 23.1M | 14.7M | 13.9M | 16M | 7.9M | 9.5M | 10.6M | 8.7M | 8.2M | 8.7M | 10.2M | 7.7M | 14.4M | 12.8M | -682K | 8M | 5.2M | 5.2M |
SEC Filings
FNWD - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K/A 8-K/A 2026 (Amended) N/A | May 28, 2026 | May 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 26, 2026 | May 26, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 13, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 28, 2026 | April 28, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 03, 2026 | May 21, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 02, 2026 | March 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 24, 2026 | February 18, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 27, 2026 | January 27, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 03, 2025 | December 03, 2025 | 2025 |
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