Last Updated: 17 Sep 2024
Executive Summary
Finward Bancorp (FNWD) is a community-based financial institution with a market capitalization of $123.05 million. The company has a strong financial position with a book value of $34.45 per share and a profit margin of 18.7%. FNWD's earnings per share (EPS) have grown by 3.07% over the past year, and the company is expected to continue to grow its earnings in the future. The stock is currently trading at $28.7, which is below its 52-week high of $29.59. The stock has a price-to-earnings (PE) ratio of 9.29, which is below the industry average.
Company Overview
Finward Bancorp is the holding company for The Peoples Bank. The Peoples Bank is a community-based financial institution that offers a variety of banking products and services to individuals and businesses in the Munster, Indiana area. The bank has been in operation since 1902 and has a strong reputation for providing excellent customer service.
Fundamental Analysis
Finward Bancorp has a strong financial position. The company has a book value of $34.45 per share and a profit margin of 18.7%. FNWD's earnings per share (EPS) have grown by 3.07% over the past year, and the company is expected to continue to grow its earnings in the future. The company's return on assets (ROA) is 0.0062% and its return on equity (ROE) is 0.092%. These ratios are both below the industry average.
Technical Analysis
The stock price of Finward Bancorp has been trending sideways over the past year. The stock is currently trading at $28.7, which is below its 52-week high of $29.59. The stock has a price-to-earnings (PE) ratio of 9.29, which is below the industry average. The stock's relative strength index (RSI) is 48.7, which indicates that the stock is neither overbought nor oversold.
Short Term Outlook
The short-term outlook for Finward Bancorp is mixed. The stock is trading below its 52-week high, but the stock's RSI is neither overbought nor oversold. The stock's PE ratio is below the industry average, which could indicate that the stock is undervalued.
Long Term Outlook
The long-term outlook for Finward Bancorp is positive. The company has a strong financial position and is expected to continue to grow its earnings in the future. The stock's PE ratio is below the industry average, which could indicate that the stock is undervalued.
Analyst Recommendations
Analysts have a strong buy rating on Finward Bancorp. The average analyst target price is $31.5, which is 9.7% above the current stock price.
