Finward Bancorp (OTCMKTS:FNWD) Shares Down 4.6% – Here’s What Happened

Finward Bancorp (OTCMKTS:FNWD) shares dropped 4.6% during trading on Wednesday . The stock traded as low as $34.76 and last traded at $34.95. Approximately 18,852 shares changed hands during trading, a decline of 1% from the average daily volume of 19,014 shares. The stock had previously closed at $36.64.

Finward Bancorp Stock Down 4.6%

The business has a fifty day simple moving average of $36.85 and a two-hundred day simple moving average of $33.20. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. The company has a market cap of $151.23 million, a PE ratio of 11.35 and a beta of 0.31.

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. 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.