FNWD

Finward Bancorp

Nasdaq · Savings Institution, Federally Chartered · Inc. IN · CIK 0000919864
$33.99 -0.03% $147.2M
Insider Buying Cluster (3 insiders)
Vol
Market Cap$147.2M
Cap SizeMicro Cap
Inst. Holders33 funds
Inst. Value$41.0M
Inst. Activity1 buys / 0 sells
Insider Activity6B / 0S
Insider Net $$6.9K
SEC Reports5
Exchange Nasdaq·Sector Savings Institution, Federally Chartered·Inc. IN·CIK 0000919864·Prev Close $34.00

Recent Activity

Jun 11, 2026 SEC
Five institutional investors, including State Street, Fidelity, UBS, RenTech, and Morgan Stanley, increased their positi
INST-CLUSTER — Impact 4/10
May 22, 2026 Insider
Puntillo Anthony was granted 372 shares
Director @ $32.24 ($12.0K)
May 22, 2026 Insider
GORELICK JOEL was granted 372 shares
Director @ $32.24 ($12.0K)
May 22, 2026 Insider
Youman Robert W. was granted 372 shares
Director @ $32.24 ($12.0K)
Apr 29, 2026 earnings_calendar
FNWD Q1 2026 Earnings Scheduled — 2026-04-29
Apr 28, 2026 SEC
Finward Bancorp reported Q1 2026 EPS of $0.52 and revenue of $17.5M, missing consensus estimates of $0.54 and $18.4M. Ne
8-K — Impact 5/10
Apr 1, 2026 SEC
Two Finward Bancorp executives, including CEO Benjamin Bochnowski, made small open-market purchases totaling $2,040 in t
CLUSTER — Impact 2/10
Inst.
Allworth Financial LP — ADD
13 shares ($472.00)

Price Targets

Historical data — last covering-analyst action May 2025. No current recommendation available.
$38.50 (May 2025)
Current $33.99 Low $36.00 Median $38.50 High $41.00 2 analysts
$36.00 $41.00

Analyst Ratings

Historical distribution75% buy · 8 analysts · last covering-analyst action May 2025
3Strong Buy
3Buy
2Hold
0Sell
0Strong Sell
Historical Analyst Actions
DateFirmActionRating
May 2, 2025 Stephens & Co. MAINTAIN Overweight → Overweight
Sep 6, 2024 Hovde Group UPGRADE Market Perform → Outperform
Oct 27, 2022 Stephens & Co. MAINTAIN Overweight
Jul 28, 2022 Stephens & Co. MAINTAIN Overweight
Jan 13, 2022 Stephens & Co. INITIATE Overweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.61 ▼ -4.7% $0.60 — $0.62 22% YoY 2
Next Q $0.75 ▲ +1.4% $0.72 — $0.78 -7% YoY 2
Current FY $2.67 ▼ -1.1% $2.63 — $2.70 18% YoY 2
Next FY $3.12 ▲ +2.0% $3.10 — $3.13 17% YoY 2

Top Institutional Holders

FundValueMove
ALLIANCEBERNSTEIN L.P.$14.6M
VANGUARD CAPITAL MANAGEMENT LLC$5.9M
BlackRock, Inc.$5.8M
WELLINGTON MANAGEMENT GROUP LLP$2.0M
GOLDMAN SACHS GROUP INC$2.0M

Recent Insider Trades

DateInsiderTypeValue
May 22, 2026Puntillo AnthonyA$12.0K
May 22, 2026GORELICK JOELA$12.0K
May 22, 2026Youman RobertA$12.0K
May 22, 2026Alwin MartinA$12.0K
May 22, 2026Han AmyA$12.0K
33 institutional holders with $41.0M total value (1,140,921 shares) as of 2026-Q1. Top holders: ALLIANCEBERNSTEIN, VANGUARD, BlackRock,. Net buying activity: 1 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1ALLIANCEBERNSTEIN L.P.413,735$14.6M35.5%
2VANGUARD CAPITAL MANAGEMENT LLC162,302$5.9M14.4%
3BlackRock, Inc.160,243$5.8M14.2%
4WELLINGTON MANAGEMENT GROUP LLP55,210$2.0M4.9%
5GOLDMAN SACHS GROUP INC54,417$2.0M4.8%
6STATE STREET CORP49,766$1.8M4.4%ADD +35.8%
7RENAISSANCE TECHNOLOGIES LLC45,100$1.6M4.0%DOUBLED +162.4%
8HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC44,640$1.6M4.0%
9DIMENSIONAL FUND ADVISORS LP24,178$877.7K2.1%
10VANGUARD FIDUCIARY TRUST CO23,498$853.0K2.1%
11PNC FINANCIAL SERVICES GROUP, INC.20,046$727.7K1.8%
12VANGUARD PORTFOLIO MANAGEMENT LLC19,820$719.5K1.8%
13MORGAN STANLEY12,182$442.2K1.1%ADD +34.4%
14CHARLES SCHWAB INVESTMENT MANAGEMENT INC9,982$362.3K0.9%
15SUSQUEHANNA INTERNATIONAL GROUP, LLP9,166$332.7K0.8%
16COMMONWEALTH EQUITY SERVICES, LLC7,980$289.7K0.7%
17Trexquant Investment LP7,965$289.1K0.7%
18CITADEL ADVISORS LLC5,709$207.2K0.5%
19RHUMBLINE ADVISERS2,474$89.8K0.2%
20Russell Investments Group, Ltd.2,126$77.2K0.2%ADD +42.5%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
Allworth Financial LPADD913+44.4%$472.002026-Q1
WELLS FARGO & COMPANY/MNADD2,6313,847+46.2%$135.4K2025-Q4
BANK OF AMERICA CORP /DE/ADD1,9152,765+44.4%$97.3K2025-Q4
Russell Investments Group, Ltd.ADD1,3321,898+42.5%$66.8K2025-Q4
Allworth Financial LPADD59+80.0%$317.002025-Q4
CWM, LLCADD602897+49.0%$32.002025-Q4
RENAISSANCE TECHNOLOGIES LLCDOUBLED18,70049,076+162.4%$1.6M2025-Q3
STATE STREET CORPADD33,60745,623+35.8%$1.5M2025-Q3
MORGAN STANLEYADD9,53112,810+34.4%$411.1K2025-Q3
UBS Group AGADD7,00511,400+62.7%$365.8K2025-Q3
FMR LLCDOUBLED3252+8300.0%$8.1K2025-Q3
STATE STREET CORPDOUBLED13,49033,607+149.1%$928.2K2025-Q2
FEDERATED HERMES, INC.ADD404562+39.1%$15.5K2025-Q2
BARCLAYS PLCDOUBLED196,395+33557.9%$176.002025-Q2
MORGAN STANLEYADD439867+97.5%$25.2K2025-Q1
UBS Group AGADD5,1526,626+28.6%$186.3K2024-Q4
MORGAN STANLEYADD220439+99.5%$14.1K2024-Q3
11 unique insiders with 18 transactions. Net insider value: $6.9K ($6.9K bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 22, 2026Puntillo AnthonyDirectorAWARD372$32.24$12.0K
May 22, 2026GORELICK JOELDirectorAWARD372$32.24$12.0K
May 22, 2026Youman Robert W.DirectorAWARD372$32.24$12.0K
May 22, 2026Alwin Martin PDirectorAWARD372$32.24$12.0K
May 22, 2026Han Amy WongDirectorAWARD372$32.24$12.0K
May 22, 2026Evans JenniferDirectorAWARD372$32.24$12.0K
Mar 31, 2026Lowry Robert TExecutive Vice PresidentBUY49.786$36.50$1.8K
Mar 31, 2026Bochnowski Benjamin JPresident, CEOBUY6.102$36.50$222.72
Mar 31, 2026Scheub Todd M.Executive Vice PresidentBUY38.298$36.50$1.4K
Feb 25, 2026Scheub Todd M.Executive Vice PresidentAWARD529$36.60$19.4K
Feb 25, 2026Bochnowski Benjamin JPresident, CEOAWARD697$36.60$25.5K
Feb 25, 2026Lowry Robert TExecutive Vice PresidentAWARD369$36.60$13.5K
Feb 25, 2026Schmitt Benjamin LouisChief Financial OfficerAWARD419$36.60$15.3K
Dec 30, 2025Lowry Robert TExecutive Vice PresidentBUY50.937$35.56$1.8K
Dec 30, 2025Scheub Todd M.Executive Vice PresidentBUY39.183$35.56$1.4K
Dec 30, 2025Bochnowski Benjamin JPresident, CEOBUY6.243$35.56$222.00
Jul 11, 2025Evans JenniferDirectorAWARD434$27.63$12.0K
Jul 11, 2025Garza DanetteDirectorAWARD434$27.63$12.0K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Historical analyst distribution (last covering-analyst action May 2025): 75% buy across 8 analysts — 3 strong buy, 3 buy, 2 hold, 0 sell, 0 strong sell. No current recommendation available.

Analyst Price Targets

Historical data — last covering-analyst action May 2025. No current recommendation available.
$38.50 mean target (May 2025)
$36.00 Low $41.00 High
MetricValue
Current Price$33.99
Target Low$36.00
Target Mean$38.50
Target Median$38.50
Target High$41.00
# Analysts2
Recommendation— (no recent coverage)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.61 $0.60 $0.62 22.0% -4.7% 0↑ 2↓ $0.0B 14.0% 2
Next Q
2026-09-30
$0.75 $0.72 $0.78 -7.4% +1.4% 1↑ 1↓ $0.0B 9.3% 2
Current FY
2026-12-31
$2.67 $2.63 $2.70 17.8% -1.1% 1↑ 1↓ $0.1B 11.8% 2
Next FY
2027-12-31
$3.12 $3.10 $3.13 16.9% +2.0% 2↑ 0↓ $0.1B 5.9% 2

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.610
7d ago$0.650-0.040
30d ago$0.640-0.030
60d ago$0.630-0.020
90d ago$0.630-0.020
2 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 1 initiations.

Historical Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 2, 2025 Stephens & Co. MAINTAIN Overweight Overweight
Sep 6, 2024 Hovde Group UPGRADE Market Perform Outperform
Oct 27, 2022 Stephens & Co. MAINTAIN Overweight
Jul 28, 2022 Stephens & Co. MAINTAIN Overweight
Jan 13, 2022 Stephens & Co. INITIATE Overweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20263320075%
May 1, 20263320075%
Apr 1, 20263320075%
Mar 1, 20263320075%
Feb 1, 20263320075%
Jan 1, 20263320075%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Apr 29, 2026
earnings_calendar
FNWD Q1 2026 Earnings Scheduled — 2026-04-29
Apr 28, 2026
earnings_calendar
FNWD Q1 2026 Earnings Scheduled — 2026-04-28