Finward Bancorp (FNWD)
Operating cash flow minus capital spending left $9M of free cash flow in fiscal 2025. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.
Key facts about Finward Bancorp
- Net worth
- Finward Bancorp has a market value (market cap) of $190.6M at the latest share price, and shareholders' equity of $178.3M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2025 operations brought in $9.9M of cash; after $853K of capital spending, free cash flow was $9M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 13, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Finward Bancorp's next report is expected around January 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Finward Bancorp declared dividends of $0.36 per share in fiscal 2025, a yield of 0.82% at the current price.
What Finward Bancorp does
Finward Bancorp is registered with the SEC under industry code SIC 6035 (Savings Institution, Federally Chartered). Its shares trade on NASDAQ under the ticker FNWD.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | $8.1M | $1.88 | $9M |
| 2024 | n/a | $12.1M | $2.84 | $6.7M |
| 2023 | n/a | $8.4M | $1.96 | $23.1M |
| 2022 | n/a | $15.1M | $3.60 | $14.7M |
| 2021 | n/a | $15M | $4.30 | $13.9M |
| 2020 | n/a | $15.9M | $4.60 | $16M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Dividends
Finward Bancorp declared $0.36 per share in fiscal 2025. At the current price that is a yield of 0.82%. It paid out $1.6M in cash dividends, 19% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.36 | $1.6M | 19% |
| 2024 | $0.48 | $2.1M | 17% |
| 2023 | $1.05 | $5.3M | 64% |
| 2022 | $1.24 | $5.1M | 34% |
| 2021 | $1.24 | $4.3M | 29% |
| 2020 | $1.24 | $4.3M | 27% |
Latest SEC filings
What Finward Bancorp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026Other event 8-K
- November 3, 2026
- October 27, 2026
- October 14, 2026Form 13F-HR filing 13F-HR
- September 28, 2026Merger proxy statement DEFM14A
- September 4, 2026Other event 8-K
- August 14, 2026Form N-PX filing N-PX
- August 13, 2026
- July 28, 2026
- July 21, 2026Form 425 filing 425
Insider trades
What the people running Finward Bancorp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $3.7K worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 25, 2026 | Lowry Robert TExecutive Vice President | Boughtindirect | 42 | $1.8K |
| September 25, 2026 | Bochnowski Benjamin JPresident, CEO, Director | Boughtindirect | 5 | $224.2 |
| September 25, 2026 | Puntillo AnthonyDirector | Bought | 5 | $233.9 |
| September 25, 2026 | Scheub Todd M.Executive Vice President | Boughtindirect | 32 | $1.4K |
| June 30, 2026 | Johnson Robert E. IIIDirector | Bought | 5 | $194.9 |
| June 30, 2026 | Bochnowski Benjamin JPresident, CEO, Director | Boughtindirect | 6 | $223.4 |
| June 30, 2026 | Puntillo AnthonyDirector | Bought | 7 | $233.1 |
| June 30, 2026 | Scheub Todd M.Executive Vice President | Boughtindirect | 39 | $1.4K |
Who owns FNWD
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| AllianceBernstein L.P.13G, passive | 9.3% | November 14, 2025 |
| Benjamin J. Bochnowski13D, may seek influence with 5 related filers | 9.3% | November 22, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 72 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Alliancebernstein L.P. | 417,190 | +3,455 |
| PL Capital Advisors, LLC | 395,716 | 0 |
| Vanguard Capital Management LLC | 162,149 | -153 |
| Finward Bancorp | 131,360 | -200 |
| Endeavour Capital Advisors Inc | 99,543 | 0 |
| Elizabeth Park Capital Advisors, Ltd. | 57,622 | new |
| Wellington Management Group Llp | 53,656 | -1,554 |
| Raffles Associates LP | 53,160 | +26,580 |
| Renaissance Technologies LLC | 45,300 | +200 |
| Hotchkis & Wiley Capital Management LLC | 44,940 | +300 |
| Geode Capital Management, LLC | 41,970 | -38,680 |
| Caldwell Trust Co | 40,430 | 0 |
| Millennium Management LLC | 36,086 | new |
| Fifth Third Bancorp | 29,805 | +28,805 |
| Dimensional Fund Advisors LP | 23,881 | -297 |
| Vanguard Fiduciary Trust Co | 23,808 | +310 |
| Fiduciary Trust Co | 23,330 | +13,640 |
| BlackRock, Inc. | 22,503 | -137,740 |
| Fourthstone LLC | 20,976 | new |
| PNC Financial Services Group, Inc. | 20,033 | -13 |
Insiders
12 insiders reported holding 109,897 shares in total, about $4.8M at the last price.
| Holder | Shares |
|---|---|
| Bochnowski Benjamin JPresident, CEO, Director | 32,5601,874 held indirectly |
| Lowry Robert TExecutive Vice President | 26,50215,286 held indirectly |
| Scheub Todd M.Executive Vice President | 18,83711,759 held indirectly |
| Han Amy WongDirector | 8,560 |
| Garza DanetteDirector | 6,453 |
| Schmitt Benjamin LouisChief Financial Officer | 5,996 |
| Johnson Robert E. IIIDirector | 3,753 |
| Gorelick JoelDirector | 2,492 |
| Puntillo AnthonyDirector | 2,326 |
| Evans JenniferDirector | 806 |
Questions about FNWD
What does Finward Bancorp do?
Finward Bancorp is a company in the Finance sector, listed on NASDAQ as FNWD. Its shares trade on NASDAQ under the ticker FNWD.
What is Finward Bancorp's net worth?
Finward Bancorp has a market value (market cap) of $190.6M at the latest share price, and shareholders' equity of $178.3M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Finward Bancorp profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $9.8M.
When did Finward Bancorp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the other event from November 4, 2026.
When is Finward Bancorp's next earnings report?
Finward Bancorp's next report is expected around January 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Finward Bancorp pay a dividend?
Yes. Finward Bancorp declared dividends of $0.36 per share in fiscal 2025, a yield of 0.82% at the current price.
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Where the numbers come from
Financial figures are the values Finward Bancorp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.