Finward Bancorp (OTCMKTS:FNWD) Shares Up 0.7%

Finward Bancorp (OTCMKTS:FNWD)’s stock price rose 0.7% on Wednesday . The company traded as high as $24.77 and last traded at $24.77. Approximately 1,078 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 9,871 shares. The stock had previously closed at $24.60.

Finward Bancorp Trading Up 0.7 %

The business’s 50-day moving average is $23.98 and its two-hundred day moving average is $22.87. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 0.87. The stock has a market capitalization of $106.49 million, a PE ratio of 12.77 and a beta of 0.54.

Finward Bancorp (OTCMKTS:FNWD) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.35 earnings per share for the quarter. Finward Bancorp had a net margin of 14.46% and a return on equity of 10.52%. The firm had revenue of $15.45 million for the quarter. As a group, equities research analysts anticipate that Finward Bancorp will post 2.15 earnings per share for the current year.

Hedge Funds Weigh In On Finward Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. boosted its position in shares of Finward Bancorp by 89.8% during the 2nd quarter. BlackRock Inc. now owns 19,553 shares of the company’s stock worth $422,000 after purchasing an additional 9,250 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Finward Bancorp by 13.8% during the 2nd quarter. Geode Capital Management LLC now owns 29,267 shares of the company’s stock worth $667,000 after purchasing an additional 3,548 shares in the last quarter. Susquehanna International Group LLP boosted its position in shares of Finward Bancorp by 5.5% during the 1st quarter. Susquehanna International Group LLP now owns 9,334 shares of the company’s stock worth $272,000 after purchasing an additional 488 shares in the last quarter. Morgan Stanley boosted its position in shares of Finward Bancorp by 272.8% during the 4th quarter. Morgan Stanley now owns 2,013 shares of the company’s stock worth $73,000 after purchasing an additional 1,473 shares in the last quarter. Finally, UBS Group AG boosted its position in shares of Finward Bancorp by 9.1% during the 3rd quarter. UBS Group AG now owns 5,086 shares of the company’s stock worth $173,000 after purchasing an additional 426 shares in the last quarter. 26.59% of the stock is currently 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.