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Finward Bancorp (FNWD)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US31812F1093
IPO Date
Mar 17, 1998

Highlights

EPS (TTM)
$2.82
PE Ratio
12.85
Total Revenue (TTM)
$91.76M
Gross Profit (TTM)
$49.65M
EBITDA (TTM)
$10.98M
Year Range
$26.46 - $39.99
ROA (TTM)
0.40%
ROE (TTM)
4.63%

Share Price Chart


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Finward Bancorp

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Finward Bancorp, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Finward Bancorp (FNWD) has returned 3.49% so far this year and 26.50% over the past 12 months. Over the last ten years, FNWD has returned 5.01% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Finward Bancorp

1D
-0.14%
1M
-2.53%
YTD
3.49%
6M
13.84%
1Y
26.50%
3Y*
10.01%
5Y*
-0.46%
10Y*
5.01%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Mar 17, 1998, FNWD's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, your investment would double in approximately 9.8 years.

Historically, 55% of months were positive and 45% were negative. The best month was Feb 2012 with a return of +25.0%, while the worst month was May 2023 at -26.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 9 months.

On a daily basis, FNWD closed higher 21% of trading days. The best single day was Feb 6, 2012 with a return of +25.0%, while the worst single day was Aug 19, 2015 at -12.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.13%1.95%-2.53%3.49%
2025-5.06%1.58%7.82%5.77%-4.79%-5.38%0.40%15.83%0.28%9.54%8.12%-7.12%27.11%
2024-3.83%-3.52%5.58%0.04%-0.04%0.16%16.44%-4.57%17.92%-1.91%-0.16%-9.90%13.44%
20231.44%-2.56%-17.86%1.37%-26.03%2.27%12.05%-15.90%8.26%-17.13%17.23%17.40%-27.57%
20224.63%-3.01%-0.10%-13.70%-4.71%-0.53%-0.03%-1.73%-6.85%-6.65%1.42%13.39%-18.53%
20219.83%2.14%6.21%4.80%0.78%-0.07%-1.14%-3.41%-3.22%4.14%6.59%1.32%30.72%

Benchmark Metrics

Finward Bancorp has an annualized alpha of 7.97%, beta of 0.04, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since March 31, 1998.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (21.36%) than losses (3.87%) — typical of diversified or defensive assets.
  • Beta of 0.04 may look defensive, but with R² of 0.00 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.00 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
7.97%
Beta
0.04
0.00
Upside Capture
21.36%
Downside Capture
3.87%

Return for Risk

Risk / Return Rank

FNWD ranks 72 for risk / return — better than 72% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FNWD Risk / Return Rank: 7272
Overall Rank
FNWD Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
FNWD Sortino Ratio Rank: 7272
Sortino Ratio Rank
FNWD Omega Ratio Rank: 6767
Omega Ratio Rank
FNWD Calmar Ratio Rank: 7474
Calmar Ratio Rank
FNWD Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Finward Bancorp (FNWD) and compare them to a chosen benchmark (S&P 500 Index).


FNWDBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.05

0.90

+0.15

Sortino ratio

Return per unit of downside risk

1.72

1.39

+0.33

Omega ratio

Gain probability vs. loss probability

1.20

1.21

-0.01

Calmar ratio

Return relative to maximum drawdown

1.81

1.40

+0.41

Martin ratio

Return relative to average drawdown

4.17

6.61

-2.43

Explore FNWD risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Finward Bancorp provided a 1.32% dividend yield over the last twelve months, with an annual payout of $0.48 per share.


1.50%2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.48$0.48$0.48$0.93$1.24$1.24$1.24$1.23$1.19$1.15$1.11$1.06

Dividend yield

1.32%1.36%1.71%3.68%3.43%2.70%3.43%2.68%2.77%2.58%2.86%3.44%

Monthly Dividends

The table displays the monthly dividend distributions for Finward Bancorp. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.12$0.12
2025$0.12$0.00$0.00$0.12$0.00$0.00$0.00$0.12$0.00$0.00$0.00$0.12$0.48
2024$0.12$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.48
2023$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.00$0.93
2022$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.31$1.24
2021$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.31$1.24

Dividend Yield & Payout


Dividend Yield

Finward Bancorp has a dividend yield of 1.32%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.

Payout Ratio

Finward Bancorp has a payout ratio of 19.24%, which is below the market average. This means Finward Bancorp returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Finward Bancorp. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Finward Bancorp was 60.67%, occurring on Nov 1, 2023. The portfolio has not yet recovered.

The current Finward Bancorp drawdown is 18.70%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.67%Dec 8, 2021478Nov 1, 2023
-59.63%Nov 29, 20041526Dec 17, 2010758Dec 23, 20132284
-36.6%Jan 8, 202092May 19, 2020235Apr 26, 2021327
-17.39%Apr 27, 1999237Mar 31, 2000474Feb 25, 2002711
-13.88%Aug 19, 20158Aug 28, 2015264Sep 15, 2016272

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Finward Bancorp over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Finward Bancorp is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for FNWD, comparing it with other companies in the Banks - Regional industry. Currently, FNWD has a P/E ratio of 12.9. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for FNWD relative to other companies in the Banks - Regional industry. Currently, FNWD has a P/S ratio of 1.1. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items