Finward Bancorp (OTCMKTS:FNWD) and Bridgewater Bancshares (NASDAQ:BWBBP) Head-To-Head Survey

Earnings and Valuation

This table compares Finward Bancorp and Bridgewater Bancshares”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Finward Bancorp	$66.10 million	2.46	$15.08 million	$1.88	20.02
Bridgewater Bancshares	$141.98 million	N/A	N/A	N/A	N/A

Finward Bancorp has higher earnings, but lower revenue than Bridgewater Bancshares.

Insider and Institutional Ownership

26.6% of Finward Bancorp shares are owned by institutional investors. 13.1% of Finward Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Finward Bancorp and Bridgewater Bancshares’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Finward Bancorp	14.46%	10.52%	0.67%
Bridgewater Bancshares	N/A	N/A	N/A

Dividends

Finward Bancorp pays an annual dividend of $0.48 per share and has a dividend yield of 1.3%. Bridgewater Bancshares pays an annual dividend of $1.47 per share and has a dividend yield of 7.2%. Finward Bancorp pays out 25.5% of its earnings in the form of a dividend.

Summary

Finward Bancorp beats Bridgewater Bancshares on 5 of the 8 factors compared between the two stocks.

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. Its loan products portfolio comprises residential mortgage loans that enable borrowers to purchase existing homes, refinance existing homes, or construct new homes; construction loans primarily to individuals and contractors; commercial real estate loans; consumer loans to individuals for personal, household, or family purposes; home equity line of credit; home improvement loans and equity loans; commercial business loans; government loans; and loans to municipalities. The company also offers estate and retirement planning, custodial services, guardianships, IRA accounts, and investment agency accounts, as well as serves as the personal representative of estates, and acts as trustee for revocable and irrevocable trusts. In addition, it provides insurance and annuity investments to wealth management customers; holds real estate properties; and operates as a real estate investment trust. The company was formerly known as NorthWest Indiana Bancorp and changed its name to Finward Bancorp in May 2021. Finward Bancorp was founded in 1916 and is headquartered in Munster, Indiana.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit. It offers commercial loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance working capital, capital investment, or for other business related purposes; paycheck protection program loans; construction and land development loans; 1-4 family mortgage loans; multifamily lending products; owner and non-owner occupied commercial real estate loans; and consumer and other loans. In addition, the company online, mobile, and direct banking services. Bridgewater Bancshares, Inc. was incorporated in 2005 and is headquartered in Saint Louis Park, Minnesota.