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

Finward Bancorp (NASDAQ:FNWD) Director Carolyn M. Burke acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were acquired at an average price of $26.80 per share, with a total value of $26,800.00. Following the acquisition, the director now owns 1,000 shares in the company, valued at $26,800. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Finward Bancorp Stock Up 0.7 %

Finward Bancorp stock opened at $26.50 on Tuesday. The firm has a market cap of $114.22 million, a P/E ratio of 9.36 and a beta of 0.54. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.53. Finward Bancorp has a twelve month low of $22.82 and a twelve month high of $33.50. The business has a fifty day moving average of $28.42 and a two-hundred day moving average of $29.33.

Finward Bancorp (NASDAQ:FNWD) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.31. Finward Bancorp had a return on equity of 7.91% and a net margin of 10.85%. On average, analysts forecast that Finward Bancorp will post 0.9 earnings per share for the current fiscal year.

Finward Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Tuesday, January 21st were given a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This represents a $0.48 dividend on an annualized basis and a yield of 1.81%. Finward Bancorp’s dividend payout ratio is currently 16.96%.

Institutional Trading of Finward Bancorp

Several large investors have recently made changes to their positions in FNWD. Commonwealth Equity Services LLC acquired a new stake in Finward Bancorp during the 4th quarter worth about $221,000. Dimensional Fund Advisors LP purchased a new stake in shares of Finward Bancorp in the second quarter worth about $329,000. Geode Capital Management LLC grew its holdings in Finward Bancorp by 7.9% during the third quarter. Geode Capital Management LLC now owns 38,662 shares of the company’s stock worth $1,237,000 after acquiring an additional 2,825 shares during the period. Finally, PL Capital Advisors LLC raised its position in Finward Bancorp by 0.3% during the fourth quarter. PL Capital Advisors LLC now owns 355,716 shares of the company’s stock valued at $9,999,000 after acquiring an additional 894 shares in the last quarter. 26.59% of the stock is owned by hedge funds and other institutional investors.

Finward Bancorp Company Profile

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.