Finward Bancorp (FNWD)

Savings Institution, Federally Chartered

Latest Price

$41.65

TTM P/E

18.35

Normalized P/E

16.24

Div Yield

1.15%

Book Value

41.18

P/B Ratio

1.01

Valuation metrics

EPS: $1.88

Target P/E: 16×

Formula: EPS × P/E

P/E Fair Value

$30.08

28% downside

44.3% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Alliancebernstein L.P.	417.2K	$15.0M	9.63%	+3.5K	2026-06-30
PL Capital Advisors, LLC	395.7K	$14.0M	9.13%	--	2026-06-30
Vanguard Capital Management LLC	162.1K	$5.0M	3.74%	-153	2026-06-30
Finward Bancorp	131.4K	$4.0M	3.03%	-200	2026-06-30
Endeavour Capital Advisors Inc	99.5K	$3.0M	2.30%	--	2026-06-30
Elizabeth Park Capital Advisors, Ltd.	57.6K	$2.0M	1.33%	--	2026-06-30
Wellington Management Group LLP	53.7K	$1.0M	1.24%	-1.6K	2026-06-30
Renaissance Technologies LLC	45.3K	$1.0M	1.05%	+200	2026-06-30
Hotchkis & Wiley Capital Management LLC	44.9K	$1.0M	1.04%	+300	2026-06-30
Geode Capital Management, LLC	42.0K	$1.0M	0.97%	-38.7K	2026-06-30