Finward Bancorp (NASDAQ:FNWD) Announces Quarterly Earnings Results, Beats Estimates By $0.31 EPS

Finward Bancorp (NASDAQ:FNWD) issued its quarterly earnings results on Tuesday. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.18 by $0.31, Zacks reports. Finward Bancorp had a return on equity of 7.60% and a net margin of 10.44%.

Finward Bancorp Stock Down 0.9 %

FNWD traded down $0.25 during trading on Tuesday, reaching $26.60. 7,466 shares of the stock were exchanged, compared to its average volume of 2,822. The stock has a market cap of $114.65 million, a P/E ratio of 9.89 and a beta of 0.54. Finward Bancorp has a twelve month low of $22.82 and a twelve month high of $33.50. The stock’s 50 day moving average price is $29.29 and its two-hundred day moving average price is $29.35. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.86 and a current ratio of 0.86.

Finward Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Tuesday, January 21st will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, January 21st. This represents a $0.48 annualized dividend and a yield of 1.80%. Finward Bancorp’s dividend payout ratio (DPR) is presently 17.84%.

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.