Finward Bancorp (NASDAQ:FNWD) Director Carolyn M. Burke Buys 1,000 Shares

Finward Bancorp (NASDAQ:FNWD) Director Carolyn M. Burke acquired 1,000 shares of Finward Bancorp stock in a transaction dated Monday, February 3rd. The shares were bought at an average cost of $26.80 per share, with a total value of $26,800.00. Following the transaction, the director now owns 1,000 shares in the company, valued at approximately $26,800. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Finward Bancorp Trading Up 2.5 %

Shares of FNWD stock traded up $0.65 during trading hours on Monday, hitting $26.96. 830 shares of the company were exchanged, compared to its average volume of 3,016. The firm has a market cap of $116.20 million, a P/E ratio of 9.53 and a beta of 0.54. Finward Bancorp has a fifty-two week low of $22.82 and a fifty-two week high of $33.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.86 and a current ratio of 0.86. The company has a 50 day simple moving average of $28.52 and a two-hundred day simple moving average of $29.35.

Finward Bancorp (NASDAQ:FNWD) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.18 by $0.31. Finward Bancorp had a net margin of 10.85% and a return on equity of 7.91%. Equities analysts anticipate that Finward Bancorp will post 0.9 EPS for the current year.

Finward Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Tuesday, January 21st were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend was Tuesday, January 21st. Finward Bancorp’s payout ratio is currently 16.96%.

Institutional Trading of Finward Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. PL Capital Advisors LLC boosted its holdings in Finward Bancorp by 0.3% during the fourth quarter. PL Capital Advisors LLC now owns 355,716 shares of the company’s stock worth $9,999,000 after purchasing an additional 894 shares during the last quarter. Geode Capital Management LLC grew its stake in Finward Bancorp by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 38,662 shares of the company’s stock valued at $1,237,000 after purchasing an additional 2,825 shares during the period. Commonwealth Equity Services LLC bought a new position in Finward Bancorp in the 4th quarter valued at $221,000. Finally, Dimensional Fund Advisors LP bought a new position in shares of Finward Bancorp during the 2nd quarter worth $329,000. Institutional investors own 26.59% of the company’s stock.

About Finward Bancorp

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company’s deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.