FNWD
Finward Bancorp
PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: FNWD
- PE Ratio
The PE ratio for Finward Bancorp stock stands at 14.0 as of Jun 3, 2026. The calculation is based on the latest EPS of $2.3 and the stock price of $32.2 per share. A decrease of 23% has been observed in the PE ratio compared to its average of 18.3 of the last four quarters.
FNWD PE ratio history
Over the last five years, the average PE ratio of Finward Bancorp has been 13.2. The current 14.0 P/E ratio is 6% higher than the historical average. Looking back at the last five years, FNWD's PE ratio peaked in the Mar 2025 quarter at 37.31, with a price of $29.1 and an EPS of $0.78. The Mar 2024 quarter marked the lowest point at 6.78, with a price of $24.6 and an EPS of $3.63.
Finward Bancorp PE ratio by year
Maximum annual increase: 88.84% in 2025
Maximum annual decrease: -23.45% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 18.62 | 88.84% | $35.19 | $1.89 |
| 2024 | 9.86 | -23.45% | $28.11 | $2.85 |
| 2023 | 12.88 | 28.41% | $25.24 | $1.96 |
| 2022 | 10.03 | -6% | $36.2 | $3.61 |
| 2021 | 10.67 | N/A | $45.88 | $4.3 |
| 2020 | N/A | N/A | N/A | $4.6 |
| 2019 | N/A | N/A | N/A | $3.53 |
| 2018 | N/A | N/A | N/A | $3.17 |
| 2017 | N/A | N/A | N/A | $3.13 |
| 2016 | N/A | N/A | N/A | $3.2 |
Finward Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 15.78 | -15.25% | $36.3 | $2.3 |
| Dec 2025 | 18.62 | 11.97% | $35.19 | $1.89 |
| Sep 2025 | 16.63 | -24.75% | $32.09 | $1.93 |
| Jun 2025 | 22.1 | -40.77% | $27.62 | $1.25 |
| Mar 2025 | 37.31 | 278.4% | $29.1 | $0.78 |
| Dec 2024 | 9.86 | -16.44% | $28.11 | $2.85 |
| Sep 2024 | 11.8 | 48.61% | $31.98 | $2.71 |
| Jun 2024 | 7.94 | 17.11% | $24.52 | $3.09 |
| Mar 2024 | 6.78 | -47.36% | $24.6 | $3.63 |
| Dec 2023 | 12.88 | 47.88% | $25.24 | $1.96 |
| Sep 2023 | 8.71 | 22.33% | $22.13 | $2.54 |
| Jun 2023 | 7.12 | -12.85% | $22 | $3.09 |
| Mar 2023 | 8.17 | -18.54% | $29.1 | $3.56 |
| Dec 2022 | 10.03 | 5.91% | $36.2 | $3.61 |
| Sep 2022 | 9.47 | -10.58% | $34.01 | $3.59 |
FNWD Price vs fair value
FNWD average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of FNWD is lower than its 3-year average.
PE comparison
With a price to earnings (P/E) of 14, FNWD ranks higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 12.1, Finward Bancorp's price to earnings (P/E) is 16% higher.
FNWD PE vs peers
FNWD's PE ratio stands higher than its peer stocks HBAN and PNFP. Finward Bancorp is currently trading at a higher PE ratio (14.0) than its peers average of 11.31.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WAL Western Alliance Bancorporation | 9.34 | $8.82B |
| ZION Zions Bancorporation National Association | 9.81 | $9.27B |
| FULT Fulton Financial Corp | 10.39 | $4.19B |
| FNB Fnb Corp | 10.89 | $6.28B |
| ONB Old National Bancorp | 12.23 | $9.26B |
| HBAN Huntington Bancshares Inc | 12.52 | $33.51B |
| BOKF Bok Financial Corp | 13.01 | $7.82B |
| PNFP Pinnacle Financial Partners Inc | 13.3 | $14.57B |
| TCBI Texas Capital Bancshares Inc | 13.61 | $4.47B |
| FNWD Finward Bancorp | 14.21 | $141.5M |
Frequently asked questions
What is Finward Bancorp's PE ratio?
As of Jun 3, 2026, FNWD stock has a price to earnings ratio of 14.
What is the 3-year average PE ratio for Finward Bancorp (FNWD)?
The 3-year average price to earnings ratio for FNWD stock is 14.63.
What is the highest PE ratio for FNWD?
Over the last five years, the quarterly PE ratio reached its highest level at 37.31 in the Mar 2025 quarter.
How does the current PE ratio for FNWD compare to its historical average?
FNWD's current price to earnings ratio is 6% above its 5-year historical average.
How is FNWD's PE ratio calculated (Finward Bancorp PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 3, 2026), Finward Bancorp's share price is $32.2. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.3. Therefore, Finward Bancorp's PE ratio for today is 14. PE RATIO(14) = STOCK PRICE($32.2) / TTM EPS($2.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.